Sorel-Tracy Property Tax Calculator 2023

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Sorel-Tracy Municipality Flag

The City of Sorel-Tracy is located along the St. Lawrence River in the Regional County Municipality of Pierre-De Saurel and is home to over 35K residents. Homes sold for an average price of $311K in Sorel-Tracy in the second quarter of 2023. Single-family homes are by far the most commonly sold property type in Sorel-Tracy, followed by plexes and condominiums respectively. Single-family homes had a median price of $315K in the second quarter of 2023, having increased by 89% over the past five years. Sorel-Tracy has the 37th lowest property tax rates in Quebec out of all local municipalities with a population greater than 20K.

Sorel-Tracy property tax is based on the assessed value of your home. Properties in Quebec are assessed by their regional county municipality or municipalité régionale de comté (MRC) every three years. Sorel-Tracy's MRCs deal primarily with land use such as establishing plans for waste management and preparing evaluation rolls. Each MRC conducts assessments and releases the assessment rolls independently. Most properties are assessed using a market value-based approach.

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You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.

I Know My Home's MRC Assessment Value

I Don't Know My Home's Assessed Value

MRC Assessment Value of the Property
2023 Property Tax Value
$4,6384.64k
2023 Residential Property Tax Rate
0.927500 %

2023 Tax rates for Cities Near Sorel-Tracy

City Final Tax Rate
Longueuil0.988700 %
Laval0.819400 %
Brossard0.586800 %
Blainville0.577500 %
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Sorel-Tracy Property Taxes

Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.

There are two main parts to property taxes in Québec:

  • A municipal tax that depends on the borough of the property
  • An education tax set by the province that is the same throughout Québec
Residential Property Tax Rate for Sorel-Tracy from 2018 to 2023
YearMunicipal RateEducational RateFinal Tax Rate
20230.830200%0.097300%0.927500%
20221.062350%0.102400%1.164750%
20210.104655%0.105400%0.210055%
20201.521950%0.105400%1.627350%
20191.058300%0.149150%1.207450%
20181.034800%0.178320%1.213120%
Based on of Sorel-Tracy official website: check source

Sorel-Tracy Property Tax Department Information

For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Sorel-Tracy's property tax department through the following methods:

Phone number

General (within municipality limits): 311

General (outside municipality limits): 450-780-5600

Email
info@ville.sorel-tracy.qc.ca
Best 5-Year Fixed Mortgage Rates in Canada CanadaLeaf
Mortgage Term:
Fixed
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Sorel-Tracy at a Glance
ProvinceQuébec
Settled Year1608
Established Year1867
Incorporated Year 2000
Population 35,165
City Area57.46 km 2 (22.19 sq mi)
Official WebsiteSorel-Tracy Official Website

Property Taxes in Québec for a $500K Québec Assessed Value Home**

Assessed Value of a Property

Properties in Quebec are assessed by their regional county municipality or municipalité régionale de comté (MRC) every three years. MRCs are political entities that were established in 1979 to deal primarily with land use such as establishing plans for waste management and preparing evaluation rolls. Each MRC conducts assessments and releases the assessment rolls independently. Most properties are assessed using a market value-based approach. There are three ways that uses to determine a property’s market value:

  1. Direct Comparison Approach
  2. Residential properties are valued under this approach. This compares the sales of similar properties in the assessment year to determine a valuation for the property. The assessed value may not equal the actual market value or sale value of a property.

  3. Cost Approach
  4. Unique and rarely traded properties are valued under this approach. This uses the cost of the property if someone were to rebuild it to determine a valuation for the property minus depreciation due to age or other factors. This includes the price of the land and the price of all improvements (e.g. buildings) on top of it. While this takes into account the market value of the land, it does not consider the market value of the property as a whole.

  5. Income Approach
  6. For properties that are dedicated to generating income like rental properties or offices, an income-based approach is used. This approach uses the income generated by the property as well as the sales price to determine its assessed value.

Property Taxes in Quebec for a $500K Fair Market Value Detached Home*

How We Calculate Your Property Tax

If you entered your home's Provinical Assessment value, we calculate your property tax by multiplying your Assessment value by Sorel-Tracy's final property tax rate.
This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your porerty tax bill or contact the relevant taxation authority of your region.