What a home costs in Sherbrooke, what you pay to close, and how much a physician program lets you buy.
Median price for Sherbrooke, June 2026, from the QPAREB Barometer, Sherbrooke, second quarter 2026. Single-family median, published quarterly; condo median near $320,000. Other cities show the MLS Home Price Index benchmark unless marked. Figures reviewed August 2026.
A physician program could add
$0
to the home you can buy.
Estimate at 4.49%, stress tested at 6.49%, with 10% down, below the $1.5M insured limit.
Quebec charges a municipal transfer duty known as the welcome tax (droit de mutation) on a bracketed scale: 0.5% on the first $62,900, 1.0% to $315,000, 1.5% to $500,000 and 3% above that in Sherbrooke (2026 thresholds). On a $420,000 Sherbrooke home that is roughly $4,410. Quebec purchases close through a notary.
Sources: Ville de Sherbrooke, droits de mutation immobiliere. Rates reviewed August 2026.
Physician programs qualify residents on $185,000 in PGY-1 and PGY-2 and $225,000 from PGY-3, not on these salaries.
FMRQ, Entente FMRQ-MSSS 2021-2028, annexe I, in effect from April 2026.
Is Sherbrooke a good market for resident physicians?
Yes. Sherbrooke's Universite de Sherbrooke and CHUS produce a large resident and fellow population, and physician programs let them qualify on projected attending income at prices well below Montreal.
What is the welcome tax in Sherbrooke?
Quebec's welcome tax (droit de mutation) on a $420,000 Sherbrooke home is roughly $4,410, and the purchase closes through a notary rather than a lawyer.
