Property Tax Calculator

Estimate annual property tax based on assessed value and municipal rate.

2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
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Sample Rates

Annual Property Tax

$4,980.00

Monthly

$415.00

Daily

$13.64

Frequently Asked Questions

How is property tax calculated?
Annual property tax = assessed value x municipal tax rate (mill rate). Rates vary widely by city. Toronto has one of the lowest rates but high assessments, so actual bills are still high.

Official Data Sources

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Konstantin IakovlevBuilt and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · Methodology

Disclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.

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