Property Tax Calculator Canada 2026

Estimate your annual property tax by municipality. Uses current mill rates for provinces across Canada including Ontario, BC, Alberta, and Quebec.

FAQ

How is my property assessment determined?

Provincial assessment authorities (like MPAC in Ontario or BC Assessment in British Columbia) evaluate your property based on location, lot size, building size and type, age, condition, and recent comparable sales. Assessments are updated periodically — Ontario reassesses every four years (though this cycle has been delayed), while British Columbia reassesses annually. Assessed value often differs from your property's market value. If you believe your assessment is too high, you can appeal to your provincial assessment authority within the deadline, typically early in the year.

Why does my property tax change from year to year?

Property tax equals your assessed value multiplied by the mill rate, which your municipality sets each year during the budget process. Your bill can change for two reasons — a change in your assessed value (from a reassessment cycle or a property improvement), or a change in the municipal mill rate. Even if your assessment stays the same, your tax bill can increase if the municipality raises its mill rate to fund additional services or infrastructure.

Are there any property tax exemptions or rebates in Canada?

Several provinces offer property tax relief. Ontario has the Ontario Senior Homeowners' Property Tax Grant and the property tax component of the Ontario Trillium Benefit, while British Columbia offers a Home Owner Grant with additional reductions for seniors and veterans. Alberta offers some municipal-level senior property tax deferral programs. Check your province and municipality for current programs and eligibility.

What happens if I don't pay my property tax?

Unpaid property taxes accrue interest and penalties set by the municipality, and a tax lien is registered on the property title, which can affect your ability to sell or refinance. After a period of non-payment (typically 2-3 years depending on the province), the municipality can initiate a tax sale to recover the unpaid taxes. Contact your municipality if you are having difficulty paying — many offer payment plans or deferral programs.

Is property tax deductible on my income tax return?

For your principal residence, property tax is not deductible on your personal income tax return. For rental or investment properties, it is a deductible expense against your rental income. If you work from home, you may be able to claim a portion of your property tax as a home office expense, proportional to the space used for work. Corporations that own property can deduct property tax as a business expense.

How does this calculator work?

This calculator estimates your annual property tax from your property's assessed value and your municipality's mill rate. Select your province and municipality to see the applicable rate, then enter your assessed value — the calculator multiplies the two to produce your estimated annual tax. It focuses on the residential rate; some municipalities apply different rates to commercial or multi-residential classes. Assessed values are determined by your provincial assessment authority and may differ from market value.