| Share | Rate | On $750,000 |
|---|---|---|
| General rate | 0.81% | $6,075 |
| Total | 0.81% | $6,075 |
| City | Rate | On $750,000 |
|---|---|---|
| Guysborough | 0.77% | $5,775 |
| East Hants | 0.79% | $5,888 |
| Lunenburg District | 0.81% | $6,075 |
| Pictou County | 0.81% | $6,113 |
| Richmond County | 0.85% | $6,375 |
On a $750,000 building, the deed transfer tax in Lunenburg District comes to $9,375, at the 1.25% 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 Lunenburg District, a triplex bought at $750,000 will then pay about $6,075 a year, whatever the seller's bill. Plexmeter compares the two and works out the year-2 cash flow.
Lunenburg District's rate is 0.81%. On a $750,000 plex that is $6,075 a year.
No. The assessment cap comes off at the sale: on the next roll the building is taxed on its market value.