Hamilton Property Tax Calculator 2021

City of Hamilton Flag

The City of Hamilton is located west of Lake Ontario in the Regional Municipality of Hamilton-Wentworth and is home to over 536K residents. Hamilton real estate prices have increased by 20% from November 2019 to November 2020 and the average price of a house in Hamilton is $676K. Single-family detached houses are by far the most commonly sold property type on the Hamilton real estate market, accounting for approximately 75% of the sales volume, followed by sales of townhouses and condominiums. Real estate inventory in Hamilton has decreased by 37% from December 2019 to December 2020, due to sales of homes outpacing new listings. From the long-term perspective, Hamilton real estate prices have increased significantly over time, with single-family detached house prices increasing 108% over a 10 year period, from October 2010 to October 2020. Hamilton property tax rates are the 34th lowest property tax rates in Ontario for municipalities with a population greater than 10K.

Hamilton 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 Hamilton final property tax rate for the year by the MCAP property assessed value.

You can calculate your property tax using either your home's MCAP 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.

MCAP Assessed Value of the Property
2020 Property Tax Value
$5,9455.95k
2020 Residential Property Tax Rate
1.189000 %

2020 Tax rates for Cities Near Hamilton

City Final Tax Rate
Burlington0.760563 %
Brantford1.302477 %
Milton0.668702 %
Oakville0.709970 %
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Hamilton Property Taxes

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:

  • A municipal tax that depends on the municipality of the property
  • An education tax that is the same throughout Ontario.

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 Hamilton from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20200.466000%0.153000%1.189000%
20190.454000%0.161000%1.222000%
2018 0.470000%0.170000%1.262000%
Based on city of Hamilton official website:check source

Hamilton Property Tax Department Information

For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Hamilton's property tax department through the following methods:

Phone number
905-546-2489
Email
askCity@hamilton.ca
Hamilton at a Glance
ProvinceOntario
Settled Year1778
Established Year1816
Incorporated Year 1846
Population 536,917
City Area1,138.11 km 2 (439.43 sq mi)
Official WebsiteHamilton Official Website

Property Taxes in Ontario for a $500K MCAP Assessed Value Home*

Property Taxes in Ontario for a $500K MCAP Assessed Value Home

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Assessed Value of a Property

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.

Property Taxes in Ontario for a $500K Fair Market Value Detached Home*

Property Taxes in Ontario for a $500K Fair Market Value Detached Home

How We Calculate Your Property Tax

If you entered your home's Provinical Assessment value, we calculate your property tax by multiplying your Assessment value by Hamilton's final property tax rate.
Hamilton Property Tax vs Asking Price
This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your porerty tax bill or contact the relevant taxation authority of your region.