| Share | Rate | On $750,000 |
|---|---|---|
| General rate | 1.85% | $13,875 |
| Road preservation | 0.05% | $375 |
| Total | 1.9% | $14,250 |
| City | Rate | On $750,000 |
|---|---|---|
| Stellarton | 1.88% | $14,100 |
| Oxford | 1.89% | $14,175 |
| Truro | 1.9% | $14,250 |
| Liverpool | 1.92% | $14,363 |
| Sydney | 1.94% | $14,520 |
On a $750,000 building, the deed transfer tax in Truro 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 Truro, a triplex bought at $750,000 will then pay about $14,400 a year, whatever the seller's bill. Plexmeter compares the two and works out the year-2 cash flow. That amount includes $50 per unit of fees billed by the unit.
Truro's rate is 1.9%. On a $750,000 plex that is $14,250 a year.
No. The assessment cap comes off at the sale: on the next roll the building is taxed on its market value.