Property Tax Calculator Canada 2025
Calculate your annual property tax, compare rates across 20 major Canadian cities, and estimate savings from an assessment appeal.
2025. Rates are approximate municipal averages. Check your city's actual rate.
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How to Use This Calculator
Tab "Tax Estimate"
Enter your property's assessed value (from your assessment notice, not your estimate of market value) and select your municipality from the dropdown. The calculator shows your annual property tax, monthly equivalent, and โ where applicable โ the split between municipal and education portions. For unlisted municipalities, select "Other / Custom rate" and enter your local residential tax rate.
Tab "Compare Cities"
Enter a single property value to see what you would pay in annual property tax across 20 major Canadian cities. The table is sorted from lowest to highest, with Vancouver (lowest rate) and the highest-rate city highlighted. This is useful for homebuyers comparing the true cost of ownership across cities.
Tab "Assessment Appeal"
Enter your current assessed value, your estimated market value, and optionally a recent comparable sale. The calculator estimates your potential tax savings if the assessment were reduced to your target value. It also shows the appeal deadline and appeal body for your province.
The Formula
Property Tax = Assessed Value x Mill Rate (tax rate)
Monthly equivalent:
Monthly = Annual Tax / 12
Mill rate components (where applicable):
Total Rate = Municipal Rate + Education Rate
Assessment appeal savings:
Annual Savings = (Current Assessed Value - Target Value) x Tax Rate
Example mill rates (2025):
Toronto: 0.63% | Vancouver: 0.27% | Calgary: 0.60%
Montreal: 0.80% | Ottawa: 1.07% | Winnipeg: 1.23%
The mill rate is set annually by each municipality. It represents the amount of tax per dollar of assessed property value. A rate of 0.63% means $6.30 per $1,000 of assessed value (or 6.3 mills).
Example
$800,000 home โ Toronto vs Vancouver vs Calgary
The same home assessed at $800,000 would generate very different tax bills depending on the city:
The difference between the lowest (Vancouver) and highest (Fredericton) is $9,200/year โ or $767/month โ on the same assessed value. This spread is a significant factor in total cost of homeownership and should be considered alongside purchase price when comparing cities.