6 August 2018
6 August 2018
Zoocasa compared the rates for all markets in July 2018 and provided the list of the cities with the lowest property taxes on a $1 million home:
- Vancouver, British Columbia – 0.24683% ($2,468 in tax vs. a $1M home)
- Abbotsford, British Columbia – 0.51300% ($5,130 in tax vs. a $1M home)
- Victoria, British Columbia – 0.52035% ($5,204 in tax vs. a $1M home)
- Kelowna, British Columbia – 0.52605% ($5,260 in tax vs. a $1M home)
- Toronto, Ontario – 0.63551% ($6,355 in tax vs. a $1M home)
The highest property taxes were reported in the following cities:
- Saint John, New Brunswick – 1.78500% ($17,850 in tax vs. a $1M home)
- Fredericton, New Brunswick – 1.42110% ($14,211 in tax vs. a $1M home)
- London, Ontario – 1.35082% ($13,508 in tax vs. a $1M home)
- Hamilton, Ontario – 1.26196% ($12,620 in tax vs. a $1M home)
- Winnipeg, Manitoba – 1.24871% ($12,487 in tax vs. a $1M home)