Niagara Falls Property Tax 2026 — Mill Rate 1.5051%
Ontario · annual residential property tax · municipal levy (separate from CRA income tax)
Quick answer — annual property tax on a $600,000 home
$9,030 /year
≈ $753/month escrow · mill rate 1.5051%
A Niagara Region tourism and manufacturing city. Niagara Falls residents pay Ontario provincial tax plus federal tax.
Annual property tax by home value in Niagara Falls
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $500,000 | $7,525 | $627 |
| $750,000 | $11,288 | $941 |
| $1,000,000 | $15,051 | $1,254 |
| $1,500,000 | $22,576 | $1,881 |
| $2,000,000 | $30,101 | $2,508 |
| $3,000,000 | $45,152 | $3,763 |
Compare with other Ontario cities
Annual tax shown for a $1,000,000 home, sorted lowest to highest mill rate.
| City | Mill rate | Tax on $1M home |
|---|---|---|
| Markham | 0.6627% | $6,627 |
| Richmond Hill | 0.6915% | $6,915 |
| Vaughan | 0.6951% | $6,951 |
| Oakville | 0.7604% | $7,604 |
| Toronto | 0.7673% | $7,673 |
| Burlington | 0.8050% | $8,050 |
| Mississauga | 1.0339% | $10,339 |
| Whitby | 1.1994% | $11,994 |
| Brampton | 1.2006% | $12,006 |
| Kitchener | 1.2121% | $12,121 |
| Ottawa | 1.2271% | $12,271 |
| Guelph | 1.2291% | $12,291 |
| Barrie | 1.2912% | $12,912 |
| Hamilton | 1.3270% | $13,270 |
| Oshawa | 1.3762% | $13,762 |
| Kingston | 1.4446% | $14,446 |
| London | 1.4612% | $14,612 |
| Sudbury | 1.6495% | $16,495 |
| Windsor | 1.9397% | $19,397 |
Related calculators for Niagara Falls
Buying in Niagara Falls? Use the Land Transfer Tax calculator for the one-time purchase tax. Comparing salaries? Check Niagara Falls take-home pay. Or browse all city property tax pages.
Note: Source rate reflects 2023 final; combines City of Niagara Falls, Region of Niagara, and Ontario education levies.
Frequently asked questions
What is Niagara Falls's 2026 property tax rate?
Niagara Falls's 2026 residential mill rate is 1.5051% (0.01505063 as a decimal). On a $600,000 home this works out to $9,030 per year, or roughly $753 per month if your lender holds the tax in escrow. Source: https://niagarafalls.ca/city-hall/finance/property-taxes/tax-rates.aspx, last verified 2026-04-29.
When are Niagara Falls property taxes due?
Niagara Falls bills property taxes annually, typically with two or four installments through the year. Exact due dates vary by city — check https://niagarafalls.ca/city-hall/finance/property-taxes/tax-rates.aspx for the current schedule. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's lump-sum due date.
How is my Niagara Falls home assessed?
Your tax is calculated as assessed value × mill rate, not market value × mill rate. Ontario uses a public assessment authority (BC Assessment, MPAC in Ontario, etc.) to set assessed values, usually updated every 1-4 years. Assessed value typically lags market value, so the same mill rate produces different effective burdens depending on assessment cycle timing.
Are Niagara Falls property taxes deductible on my income tax return?
Property tax on your principal residence is NOT deductible federally or provincially. It only becomes deductible when the property generates rental income (line 9180 on T776) or self-employed business income (CCA / business-use-of-home on T2125). For a principal residence, the tax is a non-deductible cost of ownership.
Why does Niagara Falls's mill rate differ from neighbouring cities?
Each Canadian municipality sets its own residential mill rate to fund local services — police, fire, transit, parks, road maintenance — plus a provincially-set education portion. Cities with higher assessed values can raise the same revenue at a lower mill rate (Vancouver, Toronto), while cities with lower assessed values often need higher rates to fund equivalent services. Compare Niagara Falls with other Ontario cities in the table above.
Source: https://niagarafalls.ca/city-hall/finance/property-taxes/tax-rates.aspx · Last verified 2026-04-29