Compare property tax between two cities
On a home assessed at $800,000, Toronto (2026) would charge $6,138 and Vancouver (2026) $2,690, a difference of $3,448 a year.
Toronto, Ontario
| Component | % of value | Amount |
|---|---|---|
| City of Toronto (City Tax Rate) | 0.605295% | $4,842 |
| City Building Fund | 0.009016% | $72 |
| Education (Province of Ontario) | 0.153000% | $1,224 |
| Total | 0.767311% | $6,138 |
Vancouver, British Columbia
| Component | % of value | Amount |
|---|---|---|
| City of Vancouver (general purpose tax levy) | 0.193406% | $1,547 |
| Metro Vancouver Regional District | 0.005260% | $42 |
| School (Province of BC) | 0.097910% | $783 |
| Other (TransLink, BC Assessment, Municipal Finance Authority) | 0.039690% | $318 |
| Total | 0.336266% | $2,690 |
The same value rarely buys the same home in two cities: assessed values differ a lot between markets, so compare with the value your home would have in each place. Rates are residential, from each city's latest confirmed year; grants, credits and fixed charges are not included.