The City of Brampton is located in the Regional Municipality of Peel and is home to over 656K residents. The population of Brampton increased by 10.6% from 2016 to 2021. Brampton real estate prices have increased by 2.4% from July 2022 to July 2023, with the average sold price of a house in July 2023 being $1.05M. However, the sales volumes dropped 10.6% in the same period. Detached houses are the most commonly sold property type on the Brampton real estate market and account for approximately 50% of the sales volume, followed by townhouses and condominiums.
Brampton 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 Brampton 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
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City | Final Tax Rate |
---|---|
Mississauga | 0.946649 % |
Caledon | 0.892034 % |
Milton | 0.774011 % |
Halton Hills | 0.896935 % |
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 Brampton from 2010 to 2024 | |||
---|---|---|---|
Year | Municipal Rate | Educational Rate | Final Tax Rate |
2024 | 0.489946% | 0.153000% | 1.106851% |
2023 | 0.468184% | 0.153000% | 1.039311% |
2022 | 0.436347% | 0.153000% | 0.980781% |
2021 | 0.432027% | 0.153000% | 0.962669% |
2020 | 0.432673% | 0.153000% | 0.953306% |
2019 | 0.456212% | 0.161000% | 0.990771% |
2018 | 0.481785% | 0.170000% | 1.035591% |
2017 | 0.492331% | 0.170000% | 1.067852% |
2016 | 0.504409% | 0.170000% | 1.103025% |
2015 | 0.499812% | 0.170000% | 1.115127% |
2014 | 0.492340% | 0.170000% | 1.126332% |
2013 | 0.499550% | 0.170000% | 1.156331% |
2012 | 0.481609% | 0.170000% | 1.161747% |
2011 | 0.476934% | 0.170000% | 1.181834% |
2010 | 0.476736% | 0.170000% | 1.202267% |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brampton's property tax department through the following methods:
Phone number | 905-874-2000 |
---|---|
311@brampton.ca |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brampton's property tax department through the following methods:
Phone number |
---|
905-874-2000 |
311@brampton.ca |
Brampton at a Glance | |
---|---|
Province | Ontario |
Settled Year | 1837 |
Established Year | 1853 |
Incorporated Year | 1974 |
Population | 656,480 |
City Area | 266.71 km 2 (102.98 sq mi) |
Official Website | Brampton 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.
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