| Share | Rate | On $750,000 |
|---|---|---|
| General rate | 0.89% | $6,638 |
| Total | 0.89% | $6,638 |
| City | Rate | On $750,000 |
|---|---|---|
| Antigonish County | 0.85% | $6,375 |
| Kings County | 0.85% | $6,398 |
| Colchester County | 0.89% | $6,638 |
| Halifax, rural area | 0.98% | $7,388 |
| St. Mary's | 1.0% | $7,500 |
On a $750,000 building, the deed transfer tax in Colchester County comes to $11,250, at the 1.5% rate the municipality sets on the price paid. Each municipality sets its own, capped at 1.5% by law.
A buyer who does not live in Nova Scotia adds 10% of the higher of the price and the assessment: $75,000 more on the same triplex. A fourplex is exempt, and a buyer who becomes a resident within a year is exempt too.
In Nova Scotia, the assessment of a building with fewer than four units owned by a resident rises only with inflation: 2.6% in 2026. After years it sits far below market value, and so does the tax bill shown in the listing.
The cap comes off at the sale: on the next roll the building is taxed on its value. In Colchester County, a triplex bought at $750,000 will then pay about $7,217 a year, whatever the seller's bill. Plexmeter compares the two and works out the year-2 cash flow. That amount includes $193 per unit of fees billed by the unit.
Colchester County's rate is 0.89%. On a $750,000 plex that is $6,638 a year.
No. The assessment cap comes off at the sale: on the next roll the building is taxed on its market value.