Property tax ranking

 

Property taxes can vary significantly between communities. The Ontario Ministry of Municipal Affairs and Housing publishes a wealth of community financial data on it’s Financial Information Returnwebsite. There you will find the property and education tax rates for over 400 communities and townships in the province. Considering that property taxes are an expense you can’t control, it is worth checking out these rates if you are considering a move.
The table below shows 47 Ontario cities from the Moneysense magazine’s Best Places to Livefeature and applies the 2007 tax rate (the latest available) to the average house price as shown in the magazine to arrive at average property taxes for each community. It is sorted from highest to lowest total taxes. If want to move to a smaller community, taking the proceeds of your house sale to upgrade in your new location can result in a tax shock. The proceeds of $387,482 from the sale of an average Toronto house spent on a Peterborough dwelling would result in taxes of around $5,700 a year, about $2,400 more than you were paying. Getting out of Ottawa and spending the proceeds in Windsor would cost you a little over $2,500 a year in extra taxes.

Ontario Tax Average Average
Community Rate House Price Total Taxes
1.0073 $508,172 $5,119
Markham 1.0204 $441,491 $4,505
Vaughan 1.0148 $438,968 $4,455
Cobourg 1.6605 $266,840 $4,431
Pembroke 2.0001 $207,680 $4,154
Brampton 1.1954 $313,954 $3,753
Collingwood 1.2807 $293,000 $3,752
Barrie 1.3654 $273,989 $3,741
Stratford 1.3914 $260,850 $3,630
Brockville 1.5825 $228,010 $3,608
Guelph 1.3099 $272,055 $3,564
Owen Sound 1.4988 $235,300 $3,527
Whitby 1.2955 $269,852 $3,496
Brantford 1.6505 $211,125 $3,485
Midland 1.5191 $227,380 $3,454
Toronto 0.8528 $387,482 $3,305
Kenora 1.5208 $216,580 $3,294
Kitchener 1.2516 $262,587 $3,286
Welland 1.6986 $192,851 $3,276
Mississauga 1.0025 $326,313 $3,271
Woodstock 1.7283 $189,146 $3,269
Sudbury 1.6601 $196,563 $3,263
Burlington 1.0076 $323,556 $3,260
Oshawa 1.5886 $203,988 $3,241
Waterloo 1.2301 $262,587 $3,230
Cambridge 1.2623 $245,442 $3,098
Orillia 1.3869 $218,847 $3,035
Hamilton 1.2735 $235,307 $2,997
Peterborough 1.4794 $200,035 $2,959
Kingston 1.2917 $227,896 $2,944
North Bay 1.7766 $161,908 $2,876
London 1.4707 $192,668 $2,834
S. Catharines 1.4692 $192,851 $2,833
Timmins 2.1894 $129,172 $2,828
Belleville 1.1841 $236,980 $2,806
Ingersoll 1.4616 $189,146 $2,765
Thorold 1.4233 $192,851 $2,745
Leamington 1.4482 $188,560 $2,731
Niagara Falls 1.3953 $192,851 $2,691
Windsor 1.7226 $150,506 $2,593
Tillsonburg 1.4988 $169,031 $2,533
Cornwall 1.9561 $127,102 $2,486
S. Ste. Marie 2.0505 $118,552 $2,431
Sarnia 1.5644 $155,104 $2,426
Petawawa 1.0016 $234,220 $2,346
Thunder Bay 1.6865 $134,867 $2,275
Ottawa 0.7933 $272,672 $2,163

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