Welcome tax in Cookshire-Eaton
The 2024 welcome tax schedule in Cookshire-Eaton, examples with figures, a calculator and the refund for first-time buyers.
The table in Cookshire-Eaton
In Cookshire-Eaton, the municipality applies a higher rate than the provincial schedule on the portion of the price above $500,000 (bylaw in effect in 2024).
Up to $5,875 refunded
For a first home purchased starting in 2026, Quebec refunds 100% of the first $5,000 of duties paid, plus 25% of the next $3,500, up to $5,875. The credit decreases for a property worth more than $750,000 and disappears at $1 million. It is claimed on your income tax return.
| Part of the price | Rate |
|---|---|
| up to $62,900 | 0,5 % |
| from $62,900 to $315,000 | 1 % |
| from $315,000 to $500,000 | 1,5 % |
| from $500,000 to $750,000 | 2 % |
| from $750,000 to $1,000,000 | 2,5 % |
| over $1,000,000 | 3 % |
How much will you pay in Cookshire-Eaton?
Transfer duties calculated on the purchase price, according to the 2024 schedule:
| Purchase price | Welcome tax | More than with the base chart |
|---|---|---|
| 300 000 $ | 2 686 $ | — |
| 450 000 $ | 4 861 $ | — |
| 600 000 $ | 7 611 $ | +500 $ |
| 800 000 $ | 11 861 $ | +1 750 $ |
| 1 000 000 $ | 16 861 $ | +3 750 $ |
Calculate for your price
When and who to pay?
The welcome tax is paid only once, to the Cidade de Cookshire-Eaton. The bill arrives a few weeks after the deed of sale is registered. Include this amount in your budget, along with the down payment and the notary's fees. If the municipal assessment (multiplied by the comparative factor) is higher than the price paid, that amount is used for the calculation.
Sources: municipal by-law or page · provincial schedule (Québec.ca) · first-time buyer credit (Revenu Québec)
Parc écoforestier de Johnville
Nature park
Managed with the Université de Sherbrooke, Bishop's University and Nature Cantons-de-l'Est, this remarkable biodiversity park also serves as a university research station. It offers 5.8 km of trails and, in winter, 8.5 km of cross-country ski and snowshoe trails.
Discover the Johnville ecoforest park →“What I love about Cookshire-Eaton is this rolling countryside where covered bridges, old churches and the view all the way to the White Mountains of New Hampshire tell two centuries of history.”
Real estate in Cookshire-Eaton
How much is the welcome tax in Cookshire-Eaton for a $600,000 property?
For a purchase price of $600,000, the welcome tax in Cookshire-Eaton is approximately $7,611 according to the 2024 schedule. That is $500 more than with the basic provincial schedule. The exact amount also depends on the municipal assessment, if it is higher than the price paid.
Am I entitled to a welcome tax refund in Cookshire-Eaton?
Yes, if you are buying your first home in Quebec. For a first home purchased starting in 2026, Quebec refunds 100% of the first $5,000 in duties paid, plus 25% of the next $3,500, up to $5,875. The credit decreases for a property worth more than $750,000 and disappears at $1M. It is claimed on your income tax return.
Does Cookshire-Eaton apply a higher rate than the provincial schedule?
Yes. In addition to the provincial scale (0.5%, 1% and 1.5%), Cookshire-Eaton applies 2% on the portion from $500,000 to $750,000, 2.5% on the portion from $750,000 to $1,000,000, and 3% on the portion above $1,000,000.
What amount is the welcome tax calculated on?
On the higher of two amounts: the price paid, or the municipal assessment multiplied by the year's comparative factor. In a market where prices are rising, it is almost always the price paid.
When is the welcome tax due?
Only once, to the Ville de Cookshire-Eaton. The bill arrives a few weeks after the deed of sale is registered with the notary, and it generally must be paid within 30 days. Include this amount in your budget from the offer to purchase.
How much is your property worth in Cookshire-Eaton?
A free, no-obligation comparative analysis based on recent sales in your area.