| Share | Rate | On $750,000 |
|---|---|---|
| General rate | 1.47% | $10,997 |
| Fire protection | 0.04% | $338 |
| Fire hydrants | 0.06% | $423 |
| Total | 1.57% | $11,757 |
| City | Rate | On $750,000 |
|---|---|---|
| Wolfville | 1.54% | $11,558 |
| Windsor (West Hants) | 1.56% | $11,673 |
| Kentville | 1.57% | $11,757 |
| Cape Breton, suburban area | 1.59% | $11,959 |
| Berwick | 1.63% | $12,210 |
On a $750,000 building, the deed transfer tax in Kentville 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 Kentville, a triplex bought at $750,000 will then pay about $11,757 a year, whatever the seller's bill. Plexmeter compares the two and works out the year-2 cash flow.
Kentville's rate is 1.57%. On a $750,000 plex that is $11,757 a year.
No. The assessment cap comes off at the sale: on the next roll the building is taxed on its market value.