Oakville Property Tax 2026 — Mill Rate 8.510 (0.8510%)
Ontario · annual residential property tax · municipal levy (separate from CRA income tax)
Quick answer — annual property tax on a $1,350,000 home
$11,488 /year
≈ $957/month escrow · mill rate 8.510 (0.8510%)
A high-income lakeside community west of Toronto. Oakville residents file Ontario provincial tax plus federal tax, with no city income-tax layer.
Annual property tax by home value in Oakville
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $500,000 | $4,255 | $355 |
| $750,000 | $6,382 | $532 |
| $1,000,000 | $8,510 | $709 |
| $1,500,000 | $12,764 | $1,064 |
| $2,000,000 | $17,019 | $1,418 |
| $3,000,000 | $25,529 | $2,127 |
Oakville property tax due dates (2026)
As published by the municipality. Missing a due date triggers a penalty, so these matter more than the rate does.
Interim bill
- February 25, 2026
- April 27, 2026
Final bill
- June 25, 2026
- September 25, 2026
Oakville issues two bills a year, each carrying two instalment dates — interim at the end of January, final in mid-May.
Due dates source: https://www.oakville.ca/home-environment/property-tax-assessments/tax-due-dates-payments/ · verified 2026-08-26
Mill rate breakdown
| Component | Rate | % of total |
|---|---|---|
| Municipal | 0.3646% | 42.8% |
| Education (Ontario) | 0.1530% | 18.0% |
| Other levies | 0.3334% | 39.2% |
| Total | 0.8510% | 100.0% |
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 | 7.229 (0.7229%) | $7,229 |
| Vaughan | 7.492 (0.7492%) | $7,492 |
| Richmond Hill | 7.601 (0.7601%) | $7,601 |
| Toronto | 7.673 (0.7673%) | $7,673 |
| Milton | 8.651 (0.8651%) | $8,651 |
| Burlington | 10.153 (1.0153%) | $10,153 |
| Mississauga | 10.879 (1.0879%) | $10,879 |
| Ottawa | 12.271 (1.2271%) | $12,271 |
| Brampton | 12.534 (1.2534%) | $12,534 |
| Pickering | 13.373 (1.3373%) | $13,373 |
| Whitby | 13.825 (1.3825%) | $13,825 |
| Kitchener | 14.060 (1.4060%) | $14,060 |
| Waterloo | 14.323 (1.4323%) | $14,323 |
| Barrie | 14.675 (1.4675%) | $14,675 |
| Guelph | 14.944 (1.4944%) | $14,944 |
| Cambridge | 15.122 (1.5122%) | $15,122 |
| Hamilton | 15.572 (1.5572%) | $15,572 |
| Oshawa | 15.753 (1.5753%) | $15,753 |
| Kingston | 16.054 (1.6054%) | $16,054 |
| London | 17.271 (1.7271%) | $17,271 |
| Niagara Falls | 17.489 (1.7489%) | $17,489 |
| St. Catharines | 18.422 (1.8422%) | $18,422 |
| Sudbury | 19.072 (1.9072%) | $19,072 |
| Windsor | 20.965 (2.0965%) | $20,965 |
Related calculators for Oakville
Buying in Oakville? Use the Land Transfer Tax calculator for the one-time purchase tax. Comparing salaries? Estimate your take-home pay in Oakville with the take-home pay calculator. Or browse all city property tax pages.
Frequently asked questions
What is Oakville's 2026 property tax rate?
Oakville's 2026 residential mill rate is 8.510 mills, i.e. $8.510 of tax per $1,000 of assessed value (0.8510%, or 0.00850960 as a decimal). On a $1,350,000 home this works out to $11,488 per year, or roughly $957 per month if your lender holds the tax in escrow. Source: https://www.oakville.ca/getmedia/09c64b31-bce1-456f-9e5c-4c0a78f60f38/home-property-2026-final-tax-rates-summary.pdf, last verified 2026-09-27.
When are Oakville property taxes due?
Oakville's 2026 interim bill was due February 25, 2026 and April 27, 2026. Oakville's 2026 final bill was due June 25, 2026 and September 25, 2026. Oakville issues two bills a year, each carrying two instalment dates — interim at the end of January, final in mid-May. Source: https://www.oakville.ca/home-environment/property-tax-assessments/tax-due-dates-payments/, last verified 2026-08-26. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's due date.
How is my Oakville 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 Oakville 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 Oakville'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 Oakville with other Ontario cities in the table above.
Source: https://www.oakville.ca/getmedia/09c64b31-bce1-456f-9e5c-4c0a78f60f38/home-property-2026-final-tax-rates-summary.pdf · Last verified 2026-09-27
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