Municipal Finance
Markham Property Tax — 2026
Residential mill rate of 10.49 mills. Estimated $5,841/year on a $450,000 assessed home in Ontario.
By Canadian Property Tax Data Team · Sourced from official open data
Direct municipal dataAd · 728×90
Residential mill rate
10.49 mills
$4,721/yr municipal on $450,000 home
Education levy
2.49 mills
$1,121/yr on $450,000 home
Estimated total tax
$5,841/yr
Municipal + education on $450,000 assessed value
Commercial mill rate
14.69 mills
2026 rate
Rate vs provincial average
How Markham compares to other Ontario municipalities
Markham10.49 mills
Ontario average9.135918367346937 mills
Markham is 14.8% above the provincial average of 9.14 mills.
Tax estimate on median home
Based on a $450,000 assessed value
Annual breakdown
- Municipal portion
- $4,721
- Education levy
- $1,121
- Estimated total
- $5,841/yr
Mortgage rates
Lower your Markham housing costs
Property tax is only part of the picture. Compare current mortgage rates from Canadian lenders and see how much you could save on your monthly payment.
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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.