Property Tax Calculator

1. Find your ARV

   Check your property tax bill or excise & taxation department record for the notified Annual Rental Value.

2. Confirm your rate

   Set the current rate for your province, city and property category.

3. Check for exemption

   A single owner-occupied residential property below the threshold is often exempt.

4. See your annual tax

   ARV × rate, unless exempt.

ARV sounds like it means what the property would fetch on the open market. In practice provincial valuation tables derive it from covered area, locality category and whether the property is rented or owner-occupied. A house that would rent for far more than its assessed ARV is still taxed on the assessed figure.

This is why two similar houses on the same street can carry different demands: they may sit in different valuation categories.

Owner-occupied is usually treated more lightly

Most provinces give owner-occupied property a concession, either through a lower rate or a reduced assessed value. It generally is not automatic. Where the record still shows the property as rented after you moved in, the demand keeps arriving on the rented basis until you get the record corrected.

A recurring tax, not a transaction one

This is the annual charge for holding property, collected by the provincial Excise and Taxation Department. It is not the federal advance tax on buying or selling, and it is not capital gains tax on a disposal. Owners meet all three at different moments, and only the federal ones interact with your income tax.

Where this stops

The rate is entered rather than fixed because it is set provincially and varies by city and category, with exemptions for small properties, widows and certain other cases that differ between provinces. The demand notice your ETO issues governs.