What is Toronto's residential property tax rate for 2026?
The City's property tax rates page, which sets out the 2026 residential rates and how a bill is calculated, and its property tax calculator.
Sources checked October 16, 2026
About 0.77% of assessed value: Toronto's 2026 residential rate, from Toronto tax rate by-law, 2026 (checked 6 Oct 2026).
3rd lowest of 61 towns. Lowest: Markham, 0.72%.
- The recordProperty tax for 2026
- Where to read itProperty tax rates and fees
- The free check reads itPick “Property tax rate”
What the record shows
For 2026 the City lists a residential City tax rate of 0.605295%, an education rate of 0.153000% set by the Province, and a City Building Fund rate of 0.009016%, a total of 0.767311%. The bill multiplies the home's phased-in assessed value from MPAC by those rates; the City's worked example puts a $692,140 assessment at about $5,311.
An asking price is not an assessed value, and an estimate is not a bill. The City's calculator gives an estimate from an assessed value; the actual bill for a home sits with its current owner and the City.
Where to read it yourself
- Property tax rates and fees: the 2026 rates, the formula and the calculator
What OfferDue covers in Toronto
Property tax rate is in the free check from our hand-kept table of municipal rates, with a link to the City's page; the full report adds water and sewer rates. It is a published rate, not a tax certificate, an arrears search or the bill for a particular home.
Public-record information, not legal, financial, insurance or inspection advice. Records change and can be incomplete, and this page describes the records, not any particular home. What we cover, city by city.