The City of Barrie is located west of Lake Simcoe in Simcoe County and is home to over 147K residents. Barrie's real estate prices in June 2023 were similar to that in June 2022, with the average sold price of a home being $787K. However, Barrie's real estate sales volume increased by 22.8% in June 2023 compared to June 2022. A total of 196 homes were sold in the City of Barrie in June 2023, of which 127 were detached homes and 15 were semi-detached homes. 28 townhouses and 26 condo apartments were also sold during the month. Detached homes had an average sold price of $871K, while semi-detached homes were sold for an average price of $715K. Townhouses and condos had average sale prices of $644K and $577K, respectively.
Barrie property tax is based on the assessed value of your home. Every four years, the Municipal Assessment Corporation (MPAC) conducts an evaluation of properties all over Ontario and submits assessed values for each of them. This assessed value can differ significantly from the market value of your property. Your final property tax amount is calculated by multiplying the Barrie final property tax rate for the year by the MPAC property assessed value.
You can calculate your property tax using either your home's MPAC assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.
I know my home’s MPAC Assessed value
I Don't Know My Home's Assessed Value
City | Final Tax Rate |
---|---|
Georgina | 1.068849 % |
Orillia | 1.455684 % |
East Gwillimbury | 0.821018 % |
Newmarket | 0.841254 % |
Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.
There are two main parts to a property tax:
Some cities may add additional taxes. For example, the City of Toronto has a City Building Fund Levy that is used for public transit and housing projects in the city.
Property tax rates also depend on the type of property. Common major categories are Residential, Multi-Residential, Commercial, Industrial and Farmland. Almost all homes will apply under Residential property tax rates.
Residential Property Tax Rate for Barrie from 2018 to 2023 | |||
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Year | Municipal Rate | Educational Rate | Final Tax Rate |
2023 | 1.138176% | 0.153000% | 1.291176% |
2022 | 1.101822% | 0.153000% | 1.254822% |
2021 | 1.065959% | 0.153000% | 1.218959% |
2020 | 1.057221% | 0.153000% | 1.210221% |
2019 | 1.071466% | 0.161000% | 1.232466% |
2018 | 1.102297% | 0.170000% | 1.272297% |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Barrie's property tax department through the following methods:
Phone number | 705-726-4242 |
---|---|
ServiceBarrie@barrie.ca |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Barrie's property tax department through the following methods:
Phone number |
---|
705-726-4242 |
ServiceBarrie@barrie.ca |
Barrie at a Glance | |
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Province | Ontario |
Settled Year | 1812 |
Established Year | 1833 |
Incorporated Year | 1959 |
Population | 147,829 |
City Area | 99.04 km 2 (38.24 sq mi) |
Official Website | Barrie Official Website |
Property value assessments in Ontario are conducted every four years by the Municipal Property Assessment Corporation (MPAC). They conduct assessments for all types of property in Ontario ranging from residential properties to farms to commercial properties. For residential properties, they use a number of factors, including market price, to determine the assessed value of a property. While they release overviews of their valuation guidelines, there is no transparency in the assessment of a specific property.
Homeowners may find that the assessed value of their property differs significantly from its market price. There is also no way to retrieve and compare the assessed value of other properties.
Disclaimer: