Brampton Property Tax Calculator 2021
The City of Brampton is located in the Regional Municipality of Peel and is home to over 593K residents. The population of Brampton increased by 13% from 2011 to 2016. Brampton real estate prices have increased by 17% from November 2019 to November 2020 and the average price of a home in Brampton is $850K. Specifically, prices for single-family detached houses in Brampton have reached all time highs of $989K as of August 2020. Detached houses are the most commonly sold property type on the Brampton real estate market and account for approximately 50% of the sales volume, followed by townhouses and condominiums. Brampton property tax rates are the 16th lowest property tax rates in Ontario for municipalities with a population greater than 10K.
Brampton property tax is based on the assessed value of your home. Every four years, the Municipal Assessment Corporation (MPAC) conducts an evaluation of properties all over Ontario and submits assessed values for each of them. This assessed value can differ significantly from the market value of your property. Your final property tax amount is calculated by multiplying the Brampton final property tax rate for the year by the MCAP property assessed value.
You can calculate your property tax using either your home's MCAP assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.
2020 Tax rates for Cities Near brampton
| City | Final Tax Rate |
|---|---|
| Mississauga | 0.785962 % |
| Caledon | 0.796677 % |
| Milton | 0.668702 % |
| Halton Hills | 0.778645 % |
Brampton Property Taxes
Property tax is a tax based on the assessed value of a property. If you own a property or parcel of land, you will have to pay property tax. It is used to pay for city services such as police, the fire department, and public transit as well as elementary and secondary education.
There are two main parts to a property tax:
- A municipal tax that depends on the municipality of the property
- An education tax that is the same throughout Ontario.
Some cities may add additional taxes. For example, the City of Toronto has a City Building Fund Levy that is used for public transit and housing projects in the city.
Property tax rates also depend on the type of property. Common major categories are Residential, Multi-Residential, Commercial, Industrial and Farmland. Almost all homes will apply under Residential property tax rates.
| Residential Property Tax Rate for Brampton from 2018 to 2020 | |||
|---|---|---|---|
| Year | Municipal Rate | Educational Rate | Final Tax Rate |
| 2020 | 0.432673% | 0.153000% | 0.953306% |
| 2019 | 0.456212% | 0.161000% | 0.990771% |
| 2018 | 0.481785% | 0.170000% | 1.035591% |
Brampton Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brampton's property tax department through the following methods:
| Phone number | 905-874-2000 |
| 311@brampton.ca |
Brampton Property Tax Department Information
For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Brampton's property tax department through the following methods:
| Phone number |
| 905-874-2000 |
| 311@brampton.ca |
| Brampton at a Glance | |
|---|---|
| Province | Ontario |
| Settled Year | 1837 |
| Established Year | 1853 |
| Incorporated Year | 1974 |
| Population | 593638 |
| City Area | 266.71 km 2 (102.98 sq mi) |
| Official Website | Brampton Official Website |
Property Taxes in Ontario for a $500K MCAP Assessed Value Home*
Assessed Value of a Property
Property value assessments in Ontario are conducted every four years by the Municipal Property Assessment Corporation (MPAC). They conduct assessments for all types of property in Ontario ranging from residential properties to farms to commercial properties. For residential properties, they use a number of factors, including market price, to determine the assessed value of a property. While they release overviews of their valuation guidelines, there is no transparency in the assessment of a specific property.
Homeowners may find that the assessed value of their property differs significantly from its market price. There is also no way to retrieve and compare the assessed value of other properties.
