Lead zirconate titanate (PZT) based piezoelectric ceramics are applied in ultrasonic transducers and multilayer actuators fields universally. Excellent piezoelectric properties of PZT-based ceramics of low sintering temperature are crucial for the applications of high-power motors and multilayer piezo-actuators due to the reduction of cost and energy consumption. In this paper, a ternary solid-solution ceramic system 0.05Pb(Mn1/3Sb2/3)O3-0.47PbZrO3-0.48PbTiO3 (PMS-PZT) was studied. A new complex additive composed of SiO2-Li2O3-CuO was doped into the PMS-PZT ceramics. The doping of CuO and Li2O3 was discovered to be able to lower the sintering temperature and remain electric properties efficiently, while the doping of SiO2 can decrease the grain size and increase the density. All ceramic samples were fabricated by solid-phase reaction method and sintered in the low temperature range from 800 °C to 1000 °C. The phase structure, morphology of natural surface and electrical properties of ceramics doped by 0.5 wt% additive were characterized. The 0.5 wt% additive doped PMS-PZT ceramics exhibit remarkable comprehensive piezoelectric properties sintered at 900 °C (d33 = 343 pC/N, Qm = 1016, Tc = 328 °C, tanδ = 0.4 % (at 25 °C), εr = 1344, d33* = 490 pm/V). The sintering temperature 900 °C is significantly below the melting point of Ag (961.9 °C) and Cu (1083.4 °C), so the more cost-effective Cu internal electrodes and Ag rich Ag/Pd electrodes can be used to substitute the expensive Pd rich Ag/Pd internal electrodes in the production of devices composed of multilayer ceramic. The research of this work provides an important candidate additive for the applications of high-performance transducers and multilayer actuators with low cost.