Milton Property Tax Calculator 2021

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The Town of Milton is located in the Regional Municipality of Halton and is home to over 110K residents. The population of Milton increased by 31% from 2011 to 2016. Milton real estate prices have increased by 20% from November 2019 to November 2020 and the average price of a home in Milton is $933K. Single-family detached houses and townhouses account for the largest proportion of sales volume in Milton, with a few condominiums also being sold on the Milton real estate market. Milton‘s real estate market is ranked as the 15th most expensive real estate market in the Greater Toronto Area by average selling price of a home, as well as the 2nd fastest selling market in the GTA. Milton property tax rates are the 3rd lowest property tax rates in Ontario for municipalities with a population greater than 10K.

Milton 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 Milton 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
2021 Property Tax Value
2021 Residential Property Tax Rate
0.683333 %

2021 Tax rates for Cities Near Milton

City Final Tax Rate
Halton Hills0.796429 %
Oakville0.721512 %
Mississauga0.803063 %
Brampton0.962669 %
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Milton 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 Milton from 2018 to 2021
YearMunicipal RateEducational RateFinal Tax Rate
Based on city of Milton official website: check source

Milton 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 Milton's property tax department through the following methods:

Phone number
Contact Form
Milton Property Tax Department Information
Milton at a Glance
Settled YearNot Available
Established Year1818
Incorporated Year 1857
Population 110128
City Area363.22 km 2 (140.24 sq mi)
Official WebsiteMilton Official Website

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

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

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 Milton's final property tax rate.
Milton 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.