Markham property tax
Answer
The 2026 residential property tax rate in Markham is 0.722889%, up 3.2% from 2025. On a home assessed at $500,000 that is about $3,614 a year.
- Total residential rate, 2026
- 0.7229%
- 0.722889%
- Change from 2025
- +3.2%
- Change in the total rate
- Rank in Ontario
- 60 of 60
- Highest total rate = 1, among cities we cover
- Tax on $500,000
- $3,614
- Example value, before credits
Markham property tax calculator
Estimate, 2026 residential rates
Where your Markham property tax goes
2026 residential rate by component
| Component | Type | Rate (%) | % of value | Share of total | On $500,000 | Source |
|---|---|---|---|---|---|---|
| City of Markham | Municipal | 0.177477 | 0.1775% | 24.6% | $887 | 1, 3 |
| Regional Municipality of York | Upper-tier (region or county) | 0.392412 | 0.3924% | 54.3% | $1,962 | 1, 3 |
| Education (Province of Ontario) | Education | 0.153 | 0.1530% | 21.2% | $765 | 1, 3 |
| Total (as published) | 0.722889 | 0.7229% | 100% | $3,614 |
Residential class (RT/RH), from the City of Markham's published tax rate table. The City's tables print the rates without a % sign, but the 2026 brochure labels the same figures as percentages (e.g. 0.722889%). Council approved a 3.90% City tax rate increase for 2026.
Rates as published for the residential class. Bills can also include fixed charges, local improvement levies and utility fees that are not based on assessed value.
Markham property tax rate history
2022–2026
- 2022
- 2023
- 2024
- 2025
- 2026
| Year | Total rate | % of value | Change |
|---|---|---|---|
| 2022 | 0.645017% | 0.6450% | — |
| 2023 | 0.662708% | 0.6627% | +2.7% |
| 2024 | 0.680463% | 0.6805% | +2.7% |
| 2025 | 0.700278% | 0.7003% | +2.9% |
| 2026 | 0.722889% | 0.7229% | +3.2% |
| Component | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| City of Markham | 0.156059 | 0.160816 | 0.165611 | 0.171415 | 0.177477 |
| Regional Municipality of York | 0.335958 | 0.348892 | 0.361852 | 0.375863 | 0.392412 |
| Education (Province of Ontario) | 0.153 | 0.153 | 0.153 | 0.153 | 0.153 |
Markham compared with other Ontario cities
Compare two citiesMarkham's total residential rate of 0.7229% is below the 1.4606% average of the 60 Ontario municipalities we cover. A lower rate does not always mean a lower bill: tax = assessed value × rate, so cities with high home values often have lower rates.
| Municipality | Latest year | Total rate (% of value) | Tax on $500,000 |
|---|---|---|---|
| Markham | 2026 | 0.7229% | $3,614 |
| Vaughan | 2026 | 0.7492% | $3,746 |
| Kitchener | 2026 | 1.4060% | $7,030 |
| London | 2026 | 1.7271% | $8,636 |
| Windsor | 2026 | 2.0965% | $10,483 |
| Oakville | 2026 | 0.8510% | $4,255 |
| Richmond Hill | 2026 | 0.7601% | $3,801 |
Rates are the residential rates in each city's latest confirmed year. All Ontario municipalities · National rankings
When Markham property tax is due and how to look up your bill
2026 due dates
- February 5, 2026
- March 5, 2026
- July 6, 2026
- August 5, 2026
Two bills a year. The interim bill, issued in early January, is 50% of the previous year's taxes. For residential properties it was due in 2 installments, February 5 and March 5, 2026. The final bill, issued in June, is due July 6 and August 5, 2026 for residential properties. Commercial and industrial final installments are due October 5 and November 5, 2026.
Late payment: "If your payment is late, the City will add a 1% penalty to the unpaid amount of your instalment. Each month that your payment is late, the City will charge an interest fee of 1.25% on the outstanding amount." Council and staff cannot waive or alter penalty and interest charges.
Look up or pay your bill
ePropertyTax (My Tax Account) lets you view, download and pay your bill online and see your account details. To register you need the tax roll number and customer number from a recent City of Markham tax bill.
Markham official property tax page
Online or in person through your bank (payee 'City of Markham', using the 20-digit roll number starting with 36), by mail with cheques, at the Markham Civic Centre cashier (8:30 a.m. to 4:30 p.m.) or drop box at the Thornhill entrance, or the Pre-Authorized Tax Payment (PTP) Plan in 4, 6 or 11 installments. The 11-installment plan is residential only, withdrawn on the 1st of each month from February to December. No cash is accepted for property taxes.
From Markham's official property tax pages (sources 1, 2, 8, 11). Check your bill for the exact amounts and dates.
Your assessment in Markham
How assessment works in OntarioAssessed by: MPAC (Municipal Property Assessment Corporation). Valuation date used for 2026 taxes: January 1, 2016.
File a Request for Reconsideration (RfR) with MPAC first. MPAC: "The Request for Reconsideration (RfR) deadline for property owners who disagree with their property assessment is March 31 of the 2026 property tax year" (or the deadline printed on your notice; 120 days from the notice date for supplementary or omitted notices). You can appeal to the Assessment Review Board within 90 days of the RfR decision.
Rebates, credits and programs in Markham
All Ontario programsThese programs are run by the city or the province. Eligibility is decided by the organization that runs each one; follow the links for the official rules.
Low-Income Seniors Property Tax Assistance Program
For approved low-income seniors (65+, receiving the Guaranteed Income Supplement), the City forgives late payment charges on existing property tax arrears and offers an interest-free repayment plan, with the option to then join the Tax Deferral Program. For 2026 the application deadline was March 30, 2026. Run by City of Markham.
Seniors & Low-Income (Disabled) Tax Deferral Program
Lets eligible seniors (65+, receiving GIS) and low-income persons with disabilities (ODSP or GAINS-D) defer the year's property tax increase, in full or in part. Deferred plus outstanding taxes cannot exceed 75% of assessed value. Deferred taxes must be repaid when the property is transferred, unless it is transferred to a spouse. Taxes must be paid in full by September 30, and applications are due September 30 of the current year. Run by City of Markham.
Heritage Property Tax Reduction Program
Tax relief for eligible designated heritage properties. Apply with the Heritage Property Application form. Run by City of Markham.
Ontario Energy and Property Tax Credit (OEPTC)
A tax-free Ontario payment that helps residents with property tax and the sales tax on energy costs. For the 2026 benefit year the maximum is $1,307, or $1,488 for seniors, paid through the Ontario Trillium Benefit.
Northern Ontario Energy Credit (NOEC)
A tax-free payment for residents of 10 Northern Ontario districts to help with higher home energy costs. For the 2026 benefit year the maximum is $189 for a single person and $290 for families, paid through the Ontario Trillium Benefit.
Ontario Senior Homeowners' Property Tax Grant (OSHPTG)
An annual Ontario grant of up to $500 for low- to moderate-income homeowners aged 64 or older who paid Ontario property tax on their principal residence. It is claimed on Form ON-BEN with the income tax return and paid by the Canada Revenue Agency.
Markham property tax FAQ
What is the property tax rate in Markham?
The total residential property tax rate in Markham for 2026 is 0.722889%, which is 0.7229% of assessed value. It is made up of City of Markham (0.177477%), Regional Municipality of York (0.392412%), Education (Province of Ontario) (0.153%).
How much property tax would I pay on a $500,000 home in Markham?
At the 2026 residential rate, a property assessed at $500,000 would pay about $3,614 a year before any grants, credits, fixed charges or local improvement levies. Your actual bill uses your own assessed value.
When is Markham property tax due in 2026?
Residential interim installments were due February 5 and March 5, 2026. Residential final installments are due July 6 and August 5, 2026.
What is Markham's 2026 residential property tax rate?
0.722889% of assessed value: City of Markham 0.177477% + Region of York 0.392412% + Education 0.153000%.
How much is the average Markham property tax bill in 2026?
The City says the 2026 average residential assessment (CVA) is $822,671, which pays $5,947.00: $1,460.05 City, $3,228.26 Region and $1,258.69 education.
What is the penalty for late property tax payment in Markham?
A 1% penalty on the unpaid installment, plus 1.25% interest on the outstanding amount on the first day of each month the taxes stay unpaid.
Sources
Verified by a second check against these sources on October 28, 2026
- About Your Tax Bill (2026 Tax Rates, due dates, late payments), City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- About Your Tax Bill (archived 2026-03-08: 2026 interim due dates), City of Markham (Wayback Machine capture)Tax year 2026 · checked October 28, 2026 · copy archived
- 2026 Final Tax Brochure, City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- Year 2025 Tax Rates, City of MarkhamTax year 2025 · checked October 28, 2026 · copy archived
- Year 2024 Tax Rates, City of MarkhamTax year 2024 · checked October 28, 2026 · copy archived
- Year 2023 Tax Rates, City of MarkhamTax year 2023 · checked October 28, 2026 · copy archived
- Year 2022 Tax Rates, City of MarkhamTax year 2022 · checked October 28, 2026 · copy archived
- Tax Payment Options, City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- Tax Relief and Rebates, City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- Frequently Asked Questions (property tax and assessment), City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- ePropertyTax, City of MarkhamTax year 2026 · checked October 28, 2026 · copy archived
- Ontario Financial Information Return, Schedule 22 (Markham C; York R), 2022-2025, Ontario Ministry of Municipal Affairs and HousingTax year 2022 · checked October 28, 2026 · copy archived
- Property Assessment Notice; How to file a Request for Reconsideration (RfR), Municipal Property Assessment Corporation (MPAC)Tax year 2026 · checked October 28, 2026 · copy archived
Every figure on this page comes from the official sources above and was checked twice. Not affiliated with any government, municipality or assessment authority. Spotted an error? Report it.