Winnipeg
1.321%
2026 · official derived · rank #2
- Vignette annual
- $9,250.29
- Vignette monthly
- $770.86
- Province
- MB
Compare different cities
2026
2026Winnipeg vs Toronto Property Tax
Toronto has the lower residential rate by 0.554% (~$3,879.11/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
0.554% lower — about $3,879.11 per year (≈$323.26 / 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 | Winnipeg | Toronto | Annual difference |
|---|---|---|---|
| $400,000 | $5,285.88 | $3,069.24 | $2,216.64 |
| $500,000 | $6,607.35 | $3,836.56 | $2,770.79 |
| $700,000 | $9,250.29 | $5,371.18 | $3,879.11 |
| $1,000,000 | $13,214.70 | $7,673.11 | $5,541.59 |
| $1,500,000 | $19,822.05 | $11,509.67 | $8,312.38 |
$400,000 assessed
Winnipeg$5,285.88
Toronto$3,069.24
Difference: $2,216.64/year
$500,000 assessed
Winnipeg$6,607.35
Toronto$3,836.56
Difference: $2,770.79/year
$700,000 assessed
Winnipeg$9,250.29
Toronto$5,371.18
Difference: $3,879.11/year
$1,000,000 assessed
Winnipeg$13,214.70
Toronto$7,673.11
Difference: $5,541.59/year
Assessment matters
On $700,000 residential assessment (illustrative), the estimated annual gap is $3,879.11. 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 $3,879.11/yr ($5,371.18 vs $9,250.29).
- Winnipeg: 1.321% (2026, official derived). Toronto: 0.767% (2026, official).
- Winnipeg’s effective percent converts portioned mills (45% residential) to full-assessment terms so it can sit beside percent-of-assessment cities. School-division mills and Homeowners Affordability Tax Credit change the net school portion.
- 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 Winnipeg vs Toronto property tax gap
On $700,000 residential assessment (illustrative), Winnipeg is about $3,879.11 higher per year than Toronto ($9,250.29 vs $5,371.18).
Winnipeg rate (2026)
1.321% · official derived. Manitoba portioning taxes residential on 45% of assessment. Winnipeg School Division example: municipal 13.372 + school 15.994 mills on portioned value → about 1.321% of full assessment. Other divisions differ; Homeowners Affordability Tax Credit can reduce net school taxes.
Toronto rate (2026)
0.767% · official. City + Ontario education + City Building Fund (2026 official residential total).
Scope check before you decide
Winnipeg’s effective percent converts portioned mills (45% residential) to full-assessment terms so it can sit beside percent-of-assessment cities. School-division mills and Homeowners Affordability Tax Credit change the net school portion.
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 0.554% 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
Winnipeg: $6,607.35 · Toronto: $3,836.56.
$700,000 assessed (vignette)
Winnipeg: $9,250.29 · Toronto: $5,371.18 (gap $3,879.11).
$1,000,000 assessed
Winnipeg: $13,214.70 · Toronto: $7,673.11.
Monthly cash-flow view
Rough monthly vignette gap: $323.26 ($770.86 vs $447.60).
Guide
Relocating between Winnipeg 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 City of Winnipeg Assessment and Taxation Department (portioned assessment) covers Winnipeg; 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.
Winnipeg
Confirm the residential class rate on the official municipal schedule.
City of Winnipeg — 2026 property tax bills / mill rates →Toronto
Confirm the residential class rate on the official municipal schedule.
City of Toronto — 2026 property tax rates →Assessment reminder
The City of Winnipeg Assessment and Taxation Department (portioned assessment) covers Winnipeg; 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 Winnipeg and Toronto pages for FAQs, assessment ladders, and province-specific billing notes before you rely on the gap alone.
Winnipeg vs Toronto property tax FAQs
Winnipeg costs about $3,879.11 more per year on $700,000 residential assessment (illustrative) ($9,250.29 vs $5,371.18).
Winnipeg: 1.321% (2026, official derived). Toronto: 0.767% (2026, official).
Winnipeg’s effective percent converts portioned mills (45% residential) to full-assessment terms so it can sit beside percent-of-assessment cities. School-division mills and Homeowners Affordability Tax Credit change the net school portion.
About $323.26 per month on $700,000 residential assessment (illustrative) ($9,250.29 vs $5,371.18 per year).
Winnipeg uses The City of Winnipeg Assessment and Taxation Department (portioned assessment); Toronto uses The Municipal Property Assessment Corporation (MPAC). Different valuation dates and rules mean the same market home can have different assessed bases.
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 Winnipeg — 2026 property tax bills / mill rates 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.
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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.