Estimate your annual Ontario property tax bill in seconds. Select your city and enter your MPAC assessed value.
Ontario property taxes are calculated as: Assessed Value × Tax Rate (mill rate). Select your city to apply the correct rate.
Estimated Annual Property Tax:
*Estimate only. Actual tax includes education levies and may vary. Verify with your municipality.
| Municipality | Residential Tax Rate | Tax on $700K Home | Tax on $1M Home |
|---|---|---|---|
| Toronto | 0.6110% | $4,277 | $6,110 |
| Mississauga | 0.6591% | $4,614 | $6,591 |
| Brampton | 0.8765% | $6,136 | $8,765 |
| Vaughan | 0.7800% | $5,460 | $7,800 |
| Markham | 0.8982% | $6,287 | $8,982 |
| Ottawa | 1.0673% | $7,471 | $10,673 |
| Hamilton | 1.2778% | $8,945 | $12,778 |
| London | 1.3000% | $9,100 | $13,000 |
| Windsor | 1.1500% | $8,050 | $11,500 |
| Kingston | 1.3500% | $9,450 | $13,500 |
Why Toronto has the lowest rate: Toronto's lower property tax rate reflects its much higher assessed home values. In absolute dollars, Toronto homeowners often pay similar or more in property tax than homeowners in other Ontario cities — it just looks lower as a percentage.
Ontario property taxes are based on your property's Current Value Assessment (CVA) as determined by MPAC (the Municipal Property Assessment Corporation). The tax formula is:
Property Tax = CVA × Municipal Tax Rate + Education Tax Rate
Your MPAC assessment (CVA) is the estimated market value of your property as of a specific base date. Ontario's current assessments are based on January 1, 2016 values, frozen due to COVID-19 reassessment delays.