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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.
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
| Home Value | Estimated Annual Tax |
|---|---|
| $500,000 | $3,259/yr ($272/mo) |
| $750,000 | $4,889/yr ($407/mo) |
| $1,000,000 | $6,518/yr ($543/mo) |
Enter your home's assessed value to instantly estimate your annual property tax.
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Markham sends interim and final bills. Pre-authorized monthly plans (PAP) are popular. Payments fall in February, April, June, August, October, and December.
Request a Reconsideration from MPAC within 120 days. ARB is the next step if MPAC's decision is unsatisfactory.