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Property Tax Calculator

Estimate annual and monthly residential property taxes based on the municipality and applicable property-tax rate.

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Estimated annual property tax

$5,722

$477 per month

0.72%Tax rate
  • Annual property tax — $5,722
  • Rest of assessed value — $794,278

Breakdown

Assessed value$800,000
Municipal tax rate used0.715%
Tax year2026
MunicipalityToronto
Estimated annual property tax$5,722
Estimated monthly property tax$477

Confirm the exact amount with the Toronto tax office — rates and assessments change annually.

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Calculations provided by this tool are estimates for general informational and educational purposes only and should not be relied upon as financial, mortgage, tax, accounting, investment or legal advice. Actual mortgage payments, qualification requirements, taxes, rebates, closing costs, commissions, rental amounts and other expenses may vary based on the property, lender, municipality, transaction and individual circumstances. Government programs, tax rates, mortgage rules and regulatory requirements may change without notice. Users should confirm all figures and eligibility requirements with the appropriate lender, mortgage professional, lawyer, accountant, municipality, government authority or other qualified professional before making a financial or real estate decision. Kaitlynn Martins and RE/MAX Your Community Realty Inc., Brokerage do not guarantee the accuracy or completeness of calculations generated by this tool.

Sources & last updated

Government figures change. Always confirm current rates with the official source, your lawyer or the municipality before relying on an estimate.