Temiskaming Shores Property Tax Calculator 2021

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The City of Temiskaming Shores is located in the District of Timiskaming. The real estate prices in Temiskaming Shores are considered average, with a median of $199,900, and the most common property type in Temiskaming Shores is a 3-bedroom house. The population of Temiskaming Shores decreased by 5% from 2011 to 2016. The average price of a single-family detached house in Temiskaming Shores is approximately $280K while the average price for a townhouse is $175K. In Temiskaming Shores, approximately 73% of residents own a home while approximately 27% of residents rent their home.

Temiskaming Shores 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 Temiskaming Shores 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
attach_money
2020 Property Tax Value
$6,4536.45k
2020 Residential Property Tax Rate
1.290600 %

2020 Tax rates for Cities Near Temiskaming Shores

City Final Tax Rate
North Bay1.528326 %
Greater Sudbury1.492189 %
Timmins1.833323 %
Elliot LakeNot Available

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Temiskaming Shores 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 Temiskaming Shores from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20201.137600%0.153000%1.290600%
2019Not AvailableNot AvailableNot Available
2018 Not AvailableNot AvailableNot Available
Based on city of Temiskaming Shores official website:check source

Temiskaming Shores 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 Temiskaming Shores's property tax department through the following methods:

Phone number
705-672-3363
Contact Form
Temiskaming Shores Property Tax Department Information
Temiskaming Shores at a Glance
ProvinceOntario
Settled Year1889
Established Year1912
Incorporated Year 2004
Population 9,920
City Area178.11 km 2 (68.77 sq mi)
Official Websitehttps://www.temiskamingshores.ca/en/index.aspx

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 Temiskaming Shores's final property tax rate.
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.