Niagara Falls Property Tax 2026 — Mill Rate 17.489 (1.7489%)

What is Niagara Falls's 2026 property tax rate?

Niagara Falls's 2026 residential mill rate is 17.489 mills, i.e. $17.489 of tax per $1,000 of assessed value (1.7489%, or 0.01748888 as a decimal). On a $600,000 home this works out to $10,493 per year, or roughly $874 per month if your lender holds the tax in escrow. Source: https://media-002-ca.cdn.govstack.com/niagarafallsbusiness-009-ca/media/uohnxp1d/2026-tax-rates.pdf, last verified 2026-09-27.

When are Niagara Falls property taxes due?

Niagara Falls's 2026 interim bill was due February 27, 2026 and April 30, 2026. Niagara Falls's 2026 final bill (residential/farm/managed forest) was due June 30, 2026 and September 29, 2026. Commercial/Industrial/Mixed Use final instalments fall later, on August 31 and October 30, 2026. The 2026 interim bill was mailed February 6, 2026; the 2026 residential final bill was mailed June 9, 2026. Penalty is 1.25% added on the first day of each month for outstanding amounts. Source: https://niagarafalls.ca/property-home-and-environment/property-tax-and-assessment/paying-property-taxes, last verified 2026-08-27. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's 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.