Property Tax Calculator Canada — Compare Rates by City
Canadian property tax rates vary by nearly 5× between cities. Winnipeg charges 1.31% while Vancouver charges 0.31% — on a $750,000 home that's $9,800/year vs $2,300/year. Know what you're signing up for before choosing where to buy.
What you'll need
- Your home's assessed or estimated market value
- The city where the property is located
How it works
Enter your home value
Use the assessed value (from your tax bill) or current market value. Many provinces assess below market — your actual tax bill may be lower than the estimate.
Select your city
We apply the 2026 residential mill rate for your city. Rates vary dramatically — Winnipeg (1.31%) charges 4× more than Vancouver (0.31%).
See your annual tax and comparison chart
Annual property tax, monthly equivalent, and a comparison across 6 major Canadian cities on the same home value.
Annual Property Tax on a $750,000 Home by Canadian City (2026)
| City | Rate | Annual Tax | Monthly |
|---|---|---|---|
| Vancouver, BC | 0.308% | $2,310 | $193 |
| Montréal, QC | 0.526% | $3,945 | $329 |
| Toronto, ON | 0.631% | $4,733 | $394 |
| Calgary, AB | 0.724% | $5,430 | $453 |
| Ottawa, ON | 0.947% | $7,103 | $592 |
| Winnipeg, MB | 1.311% | $9,833 | $819 |
Rates are residential mill rates. Actual bills vary based on assessed value, which may lag market value in rising markets.
Frequently asked questions
Which Canadian city has the lowest property tax rate?
Vancouver has one of the lowest residential property tax rates in Canada at approximately 0.308%. However, BC assessments are generally close to market value, so the dollar amount can still be significant on expensive properties.
Which Canadian city has the highest property tax rate?
Winnipeg has one of the highest property tax rates among major Canadian cities at approximately 1.311%. On a $500,000 home, that's over $6,500 per year — nearly 4× what a Vancouver homeowner pays on a similar property.
Why is Toronto's property tax rate lower than other Ontario cities?
Toronto's low property tax rate (0.631%) is partly because its assessment base (total property values) is enormous, so a lower rate generates sufficient municipal revenue. Smaller cities like Hamilton (1.29%) and Ottawa (0.95%) have much higher rates to fund comparable services.
How often is property assessed in Canada?
This varies by province. In Ontario, MPAC assesses every 4 years. In BC, BC Assessment updates values annually. In Alberta, municipalities assess annually. Assessed value can lag market value significantly in rising markets, meaning your property tax is lower than it would be at current market prices.
See how your city's rate compares across Canada.
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