Property tax rate for every municipality is different.
Our property tax rate has two components. Larger portion for the City services and smaller for Education.
For Toronto: City is 0.5895702% Education is 0.2410000%
If your house is worth $400,000
Residential tax rate of: 0.5895702 + 0.2410000 = 0.8305702%
Estimated property tax is therefore: $400,000 x 0.8305702% = $3322.28
How much would you pay for a house worth $400,000 in the following cities?
2010 Rates
Ajax = $5522.44
Brampton = $4809.07
Markham = $3853.34
Mississauga = $3928.46
NewMarket = $4444.24
Pickering = $5484.16
Oshawa= $6818.00
Toronto= $3322.28