Ottawa
1.226%
2025 · official derived · rank #3
- Vignette annual
- $8,582
- Vignette monthly
- $715.17
- Province
- ON
Compare different cities2026
2026Ottawa vs Toronto Property Tax
Toronto has the lower residential rate by 0.459% (~$3,210.82/yr on $700,000 residential assessment (illustrative)). Compare residential rates, assessment ladders, scope caveats, and official municipal sources.
By Sammy S. · Founder · AuthorUpdated for 2026
Lower residential rate
Toronto is lower
0.459% lower — about $3,210.82 per year (≈$267.57 / month) on $700,000 residential assessment (illustrative).
Side-by-side property tax scoreboard
Toronto
0.767%
2026 · official · rank #7
- Vignette annual
- $5,371.18
- Vignette monthly
- $447.60
- Province
- ON
Property tax by assessed value
Same assessed value in both cities using each published residential rate. Credits, area ratings, and excluded fees can change the payable amount.
| Assessed value | Ottawa | Toronto | Annual difference |
|---|---|---|---|
| $400,000 | $4,904 | $3,069.24 | $1,834.76 |
| $500,000 | $6,130 | $3,836.56 | $2,293.44 |
| $700,000 | $8,582 | $5,371.18 | $3,210.82 |
| $1,000,000 | $12,260 | $7,673.11 | $4,586.89 |
| $1,500,000 | $18,390 | $11,509.67 | $6,880.33 |
$400,000 assessed
Ottawa$4,904
Toronto$3,069.24
Difference: $1,834.76/year
$500,000 assessed
Ottawa$6,130
Toronto$3,836.56
Difference: $2,293.44/year
$700,000 assessed
Ottawa$8,582
Toronto$5,371.18
Difference: $3,210.82/year
$1,000,000 assessed
Ottawa$12,260
Toronto$7,673.11
Difference: $4,586.89/year
Assessment matters
On $700,000 residential assessment (illustrative), the estimated annual gap is $3,210.82. A lower-rate city can still cost more if assessments run higher.
Scope can differ
Ontario totals often include education; Québec municipal rows may exclude school tax; BC city-only mill rates are not the same as Vancouver’s all-in table.
Use your notice
Multiply your assessed value by each city’s residential rate, then confirm class, area rating, and credits on the linked municipal schedules.
Key takeaways
- Toronto is lower by about $3,210.82/yr ($5,371.18 vs $8,582).
- Ottawa: 1.226% (2025, official derived). Toronto: 0.767% (2026, official).
- Rate years differ (Ottawa 2025 vs Toronto 2026). Prefer the newer official schedule when budgeting a move.
- Same assessed value highlights the rate gap; a real move also changes the destination assessment.
- This is annual property tax — not land transfer / welcome tax at closing.
Common myths vs official rules
“Property tax rate equals market-value tax.”
Bills use assessed value from MPAC, BC Assessment, or the municipal assessor — often a phased or valuation-date figure, not today’s sale price. Formula: annual tax ≈ assessment × residential rate.
“Toronto’s rate is lower than Vancouver, so Toronto is cheaper.”
Toronto’s published residential total is 0.767% vs Vancouver’s 0.336% — but dollar bills still depend on each city’s assessment for the same home. Compare rates and assessments together.
“Victoria and Vancouver use the same all-in BC rate.”
Victoria’s Class 1 mill rate here (0.372%) is city levy only. Vancouver’s published residential total already includes provincial school and regional levies — scopes differ.
Guide
Reading the Ottawa vs Toronto property tax gap
On $700,000 residential assessment (illustrative), Ottawa is about $3,210.82 higher per year than Toronto ($8,582 vs $5,371.18).
Ottawa rate (2025)
1.226% · official derived. Urban total of $1,226 per $100,000 assessment published by the City for 2025 (municipal + education + area services). Rural/area-rated bills differ. 2026 final bills: due June 18, 2026 (ottawa.ca); confirm 2026 urban $/100k when the city updates the published breakdown.
Toronto rate (2026)
0.767% · official. City + Ontario education + City Building Fund (2026 official residential total).
Scope check before you decide
Rate years differ (Ottawa 2025 vs Toronto 2026). Prefer the newer official schedule when budgeting a move.
Same assessment thought experiment
Because rates differ, the lower-rate city (Toronto) generally stays cheaper on the same assessed value—unless assessment bases diverge enough to offset the 0.459% gap.
Guide
Dollar examples at three assessment levels
Holding assessed value equal highlights the rate gap. Real moves also change the assessment each city would assign to the same home.
$500,000 assessed
Ottawa: $6,130 · Toronto: $3,836.56.
$700,000 assessed (vignette)
Ottawa: $8,582 · Toronto: $5,371.18 (gap $3,210.82).
$1,000,000 assessed
Ottawa: $12,260 · Toronto: $7,673.11.
Monthly cash-flow view
Rough monthly vignette gap: $267.57 ($715.17 vs $447.60).
Guide
Relocating between Ottawa and Toronto
Property tax is one line in a move budget. Pair these rates with income tax, housing prices, and closing costs.
Re-assess under the destination roll
The Municipal Property Assessment Corporation (MPAC) covers Ottawa; The Municipal Property Assessment Corporation (MPAC) covers Toronto. Do not assume your current assessed value transfers.
Check credits and surcharges
Home Owner Grant, HATC, senior rebates, empty-home taxes, and BIAs can reverse a small rate advantage after you move.
Land transfer is separate
Provincial or municipal land transfer tax (or Québec duties) is paid at purchase and is not included in either residential rate on this page.
Mortgage carrying costs
Lenders often escrow or budget annual property tax. A higher destination rate can change monthly payments even when the purchase price looks similar.
Guide
How to verify both cities on official sources
Use each municipality’s published residential schedule for your property class, then re-run the vignette math with your real assessments.
Ottawa
Confirm the residential class rate on the official municipal schedule.
City of Ottawa — what you get for your property taxes →Toronto
Confirm the residential class rate on the official municipal schedule.
City of Toronto — 2026 property tax rates →Assessment reminder
The Municipal Property Assessment Corporation (MPAC) covers Ottawa; The Municipal Property Assessment Corporation (MPAC) covers Toronto. Different valuation dates mean the same market home can have different assessed bases.
Open the city profiles
Read the full Ottawa and Toronto pages for FAQs, assessment ladders, and province-specific billing notes before you rely on the gap alone.
Ottawa vs Toronto property tax FAQs
Ottawa costs about $3,210.82 more per year on $700,000 residential assessment (illustrative) ($8,582 vs $5,371.18).
Ottawa: 1.226% (2025, official derived). Toronto: 0.767% (2026, official).
Rate years differ (Ottawa 2025 vs Toronto 2026). Prefer the newer official schedule when budgeting a move.
About $267.57 per month on $700,000 residential assessment (illustrative) ($8,582 vs $5,371.18 per year).
Both are in Ontario, so they share the same provincial assessment framework (The Municipal Property Assessment Corporation (MPAC)), but municipal rates, area ratings, and local charges still differ.
Not always. MPAC, BC Assessment, and other rolls can lag or phase market moves. Use each city’s assessment notice for a precise bill.
Neither vignette includes local improvements, BIA levies, empty-home or vacancy taxes, or most water/waste flat fees. Québec municipal rows also exclude separately billed school tax.
Confirm residential class rates on City of Ottawa — what you get for your property taxes and City of Toronto — 2026 property tax rates, then apply your assessed values. Area ratings, boroughs, school divisions, and credits can change the payable amount.
Related tools
Compare another pair
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Total residential rates, vignette tax, and official sources.
Related property tax comparisons
Educational residential-rate estimates only. Verify assessed value, property class, area rating, credits, and mid-year by-law updates on each city’s official schedule before relying on a figure.