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)

 

Leave a Reply

Your email address will not be published.