St. John's Property Tax 2026 — Mill Rate 0.9650%

What is St. John's's 2026 property tax rate?

St. John's's 2026 residential mill rate is 0.9650% (0.00965000 as a decimal). On a $320,000 home this works out to $3,088 per year, or roughly $257 per month if your lender holds the tax in escrow. Source: https://www.stjohns.ca/en/living-st-johns/finance-and-taxes.aspx, last verified 2026-04-29.

When are St. John's property taxes due?

St. John's bills property taxes annually, typically with two or four installments through the year. Exact due dates vary by city — check https://www.stjohns.ca/en/living-st-johns/finance-and-taxes.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 St. John's home assessed?

Your tax is calculated as assessed value × mill rate, not market value × mill rate. Newfoundland and Labrador 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 St. John's 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 St. John's'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 St. John's with other Newfoundland and Labrador cities in the table above.