Your Property Tax Bill

 


 

Property Taxes – How are they calculated?

The City of Mississauga collects property taxes for the City, the Region of Peel, as well as the Province of Ontario for education. 

How much property tax you pay in Mississauga is calculated using:

  • the assessed value of the property you own
  • the City’s tax rate
  • the Region of Peel’s tax rate and
  • the Province’s education tax rate.

The City, the Region and the Province set their own tax rates each year. The Municipal Property Assessment Corporation (MPAC) updates the assessed value of your property every four years. These rates and your property assessment are used to calculate your property tax bill.

If you have a residential property, how much property tax you pay is calculated like this:

Assessed value X  Mississauga residential tax rate

+

Assessed value  X  Peel residential tax rate

+

Assessed value  X  Provincial residential education tax rate

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Your total residential property tax bill

 

There are different tax rates depending on the type of property you have. The basic types of properties include: residential, commercial and industrial. The type of property you have and the rate used to calculate your taxes are on your tax bill.  

  • Find out more about tax rates and different types of properties in Mississauga.

 


 

Property Taxes – Who gets what?

In 2013, the City's portion of a residential property tax bill was 31 per cent, or just under a third of the total charge on the bill.  

The Region’s portion was 46 per cent, just under one half of the bill, and the Province’s education charge was 23 per cent, or just under one quarter of the bill.

The total property tax bill, for an average home in Mississauga assessed at $479,000 is $4,438. The City’s portion of an average residential tax bill is $1,391.

More useful links:

 


 

Property Taxes – What City services do my tax dollars pay for?

The total property tax bill, for an average home in Mississauga assessed at $479,000 is $4,438.  The City’s portion of an average residential tax bill is $1,391.

The property taxes you pay that stay with the City pay for:

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