The City of Kitchener is located west of the Grand River in the Regional Municipality of Waterloo and is home to over 256K residents. The population of Kitchener increased by 10.1% from 2016 to 2021. Based on data from the Waterloo Region Real Estate Association, real estate prices in Kitchener increased by 6.8% in the area from July 2022 to July 2023, with the average sold price of a house being $781K. Real estate sales volume in the Waterloo region increased by 10.4% for the same period. Single-family detached houses are by far the most commonly sold property type on the Kitchener real estate market, followed by sales of townhouses and condominiums.
Kitchener 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 Kitchener 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 |
---|---|
Waterloo | 1.272504 % |
Cambridge | 1.387340 % |
Guelph | 1.319641 % |
Brantford | 1.455814 % |
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 Kitchener from 2010 to 2024 | |||
---|---|---|---|
Year | Municipal Rate | Educational Rate | Final Tax Rate |
2024 | 0.387314% | 0.153000% | 1.272828% |
2023 | 0.372763% | 0.153000% | 1.212054% |
2022 | 0.355567% | 0.153000% | 1.141122% |
2021 | 0.348637% | 0.153000% | 1.106139% |
2020 | 0.345395% | 0.153000% | 1.099498% |
2019 | 0.350024% | 0.161000% | 1.110840% |
2018 | 0.354700% | 0.170000% | 1.129748% |
2017 | 0.199164% | 0.170000% | 0.633923% |
2016 | 0.165340% | 0.170000% | 0.526055% |
2015 | 0.374880% | 0.170000% | 1.184770% |
2014 | 0.381350% | 0.170000% | 1.203100% |
2013 | 0.392170% | 0.170000% | 1.232010% |
2012 | 0.400390% | 0.170000% | 1.251060% |
2011 | 0.410150% | 0.170000% | 1.285600% |
2010 | 0.443610% | 0.170000% | 1.351700% |
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Kitchener's property tax department through the following methods:
Phone number | 519-741-2345 |
---|---|
Contact Form | Kitchener 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 Kitchener's property tax department through the following methods:
Phone number |
---|
519-741-2345 |
Contact Form |
Kitchener Property Tax Department Information |
Kitchener at a Glance | |
---|---|
Province | Ontario |
Settled Year | 1807 |
Established Year | 1833 |
Incorporated Year | 1912 |
Population | 256,885 |
City Area | 136.89 km 2 (52.85 sq mi) |
Official Website | Kitchener 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.
With rising property taxes in Kitchener, the most thoughtful homeowners rush to lower their mortgage rates and potentially save thousands of dollars. Take a look at Kitchener mortgages to learn more.
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