Markham Property Tax 2025

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Current rates, instant calculator, and everything you need to understand your property tax bill

Markham's 2025 residential combined tax rate is approximately 0.651808% of MPAC assessed value. This includes City of Markham, York Region, and education levies.

Markham is one of Ontario's wealthiest municipalities and a major tech hub in the GTA. Its property tax rate is very competitive — among the lowest in Ontario — reflecting its strong assessment base and efficient services.

How Markham Property Tax Is Calculated

The 2025 combined residential rate for Markham (City + York Region + education) is approximately 0.651808% of MPAC assessed value.

Formula: Annual Tax = CVA × 0.00651808

Sample Calculations

Home ValueEstimated Annual Tax
$500,000$3,259/yr ($272/mo)
$750,000$4,889/yr ($407/mo)
$1,000,000$6,518/yr ($543/mo)

Markham Property Tax Calculator

Enter your home's assessed value to instantly estimate your annual property tax.

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Payment Schedule

Markham sends interim and final bills. Pre-authorized monthly plans (PAP) are popular. Payments fall in February, April, June, August, October, and December.

How to Appeal Your Property Assessment

Request a Reconsideration from MPAC within 120 days. ARB is the next step if MPAC's decision is unsatisfactory.

Disclaimer: Tax rates shown are estimates based on publicly available 2025 data. Actual bills may differ due to assessment phase-in, local levies, or homeowner credits. Always confirm with your local municipality.

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