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Welcome tax inWaterville

The 2024 land transfer duty rates in Waterville, worked examples and a calculator for your price.

Jasmin MorinReal Estate Broker · RE/MAX du Cartier
5,0 · 33 Google reviews
At a glanceWaterville
Population (2021)2,307
Montréalabout 1 h 45 to 2 h by car on Highway 10 and through Sherbrooke
TransitRoutes 108, 143 and 147 · Close to Sherbrooke
RCMCoaticook RCM
Land transfer duties 2024

Rates in Waterville

In Waterville, the municipality applies a higher rate than the provincial scale on the portion of the price above $500,000 (by-law in force in 2024).

Portion of the priceRate
up to $62,9000.5%
$62,900 to $315,0001%
$315,000 to $500,0001.5%
over $500,0002%

How much will you pay in Waterville?

Land transfer duties calculated on the purchase price, using the 2024 rates:

Purchase priceWelcome taxMore than the basic scale
$300,000$2,686—
$450,000$4,861—
$600,000$7,611+$500
$800,000$11,611+$1,500
$1,000,000$15,611+$2,500

Calculate for your price

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Buying your first home?

For a property acquired in 2026 or later, Quebec refunds 100% of the first $5,000 of duties paid, plus 25% of the next $3,500, up to $5,875. The credit decreases for a property over $750,000 and disappears at $1M. You claim it on your income tax return (an advance payment is possible).

When and to whom do you pay?

The welcome tax is paid once, to the City of Waterville. The bill arrives a few weeks after the deed of sale is registered. Plan for this amount in your budget, on top of your down payment and notary fees. If the municipal assessment (multiplied by the comparative factor) is higher than the price paid, that amount is used instead.

Sources: municipal by-law or page · provincial scale (Québec.ca)

Frequently asked questions

Real estate in Waterville

How much is the welcome tax in Waterville for a $600,000 property?

For a purchase price of $600,000, the welcome tax in Waterville is about $7,611 under the 2024 rates. That's $500 more than under the basic provincial scale. The exact amount also depends on the municipal assessment, if it is higher than the price paid.

Does Waterville charge a higher rate than the provincial scale?

Yes. On top of the provincial scale (0.5%, 1% and 1.5%), Waterville applies 2% on the portion over $500,000.

What is your property worth in Waterville?

A free, no-obligation comparative analysis based on recent sales in your area.