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Canada Property Tax Calculator 2025

Estimate annual municipal property tax based on property value and location.

Introduction

🎯 What

Calculates estimated 2025 municipal and school taxes based on assessed property value.

👥 Who

For homeowners, landlords, and real estate buyers across all Canadian provinces.

💡 Why

Budget for annual tax bills and see the impact of senior or principal residence grants.

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📍 Property Details

📊 Tax Rates (%)

*Rates are estimates. Adjust manually for exact municipal figures.

🎁 Exemptions & Grants

Grant: $570 (Est.)
Grant: $500 (Est.)
Relief: $500 (Est.)

💰 Tax Breakdown

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Property Tax Overview

How it Works

Property tax in Canada is strictly municipal (not federal). It is calculated as:

Annual Tax = Assessed Value × (Municipal Rate + School Rate) / 100

Exemptions & Reliefs

  • Senior Grants: Many provinces (e.g., BC, ON) offer grants reducing tax for seniors (65+).
  • Principal Residence: Specific grants apply to your primary home to lower the burden.
  • Disability: Additional relief is often available for persons with disabilities.
  • Agricultural: Farm lands often have distinct, lower tax rates.

Examples

Example 1: Toronto Home

Value: $800,000

Rate: 0.66%

Tax: ~$5,280 / year

Example 2: BC Senior

Value: $600,000

Rate: 0.30% ($1,800)

Grant: -$570

Net Tax: $1,230 / year

Frequently Asked Questions

Q: Is property tax federal?

A: No, it is collected by municipalities to fund local services.

Q: Can I deduct property tax?

A: Generally only if the property is used for earning income (e.g., rental).

Q: How is assessed value determined?

A: By a provincial assessment authority (like MPAC in Ontario or BC Assessment), based on market value.

Disclaimer: This calculator is for informational and Google AdSense content use only. Property tax rates vary by municipality and year. Figures are estimates. Consult your local municipality for exact tax bills.