| Share | Rate | On $750,000 |
|---|---|---|
| General rate | 0.65% | $4,905 |
| Supplementary education | 0.01% | $113 |
| Climate action | 0.02% | $120 |
| Right of way | 0.01% | $60 |
| Fire hydrants | 0.01% | $105 |
| Transit | 0.10% | $713 |
| Provincial contribution | 0.3% | $2,250 |
| Total | 1.10% | $8,265 |
| City | Rate | On $750,000 |
|---|---|---|
| Barrington | 1.1% | $8,250 |
| Clare | 1.1% | $8,250 |
| Halifax, suburban area | 1.10% | $8,265 |
| Argyle | 1.13% | $8,475 |
| Halifax | 1.14% | $8,513 |
On a $750,000 building, the deed transfer tax in Halifax, suburban area 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 Halifax, suburban area, a triplex bought at $750,000 will then pay about $8,265 a year, whatever the seller's bill. Plexmeter compares the two and works out the year-2 cash flow.
Halifax, suburban area's rate is 1.10%. On a $750,000 plex that is $8,265 a year.
No. The assessment cap comes off at the sale: on the next roll the building is taxed on its market value.