Ottawa Property Tax 2026 — Mill Rate 12.271 (1.2271%)

What is Ottawa's 2026 property tax rate?

Ottawa's 2026 residential mill rate is 12.271 mills, i.e. $12.271 of tax per $1,000 of assessed value (1.2271%, or 0.01227103 as a decimal). On a $700,000 home this works out to $8,590 per year, or roughly $716 per month if your lender holds the tax in escrow. Source: https://ottawa.ca/en/living-ottawa/taxes/property-taxes, last verified 2026-04-29.

When are Ottawa property taxes due?

Ottawa's 2026 interim bill was due Thursday, March 19, 2026. Ottawa's 2026 final bill is due Third Thursday in June. Ottawa bills twice a year. The interim bill is 50% of the previous year's tax and is payable the third Thursday in March; the final bill is the balance and is payable the third Thursday in June. Source: https://ottawa.ca/en/living-ottawa/taxes/property-taxes/paying-your-taxes/property-tax-bills, 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 Ottawa 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 Ottawa 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 Ottawa'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 Ottawa with other Ontario cities in the table above.