Property Tax

The Non-Resident Speculation Tax costs foreign buyers 25 percent of the purchase price on residential property in Mississauga, payable at closing on top of Ontario Land Transfer Tax. On an $900,000 home, that is $225,000 in one payment. Mississauga buyers pay less than Toronto buyers, since Toronto added a 10 percent municipal layer in January…

A property tax assessment in Hamilton determines how much tax you pay on your home or commercial property every year. The Municipal Property Assessment Corporation, known as MPAC, assigns a Current Value Assessment to every property in Ontario including Hamilton, and the City of Hamilton applies its annual tax rate to that assessed value to…

The HST rebate on new home purchases helps Canadian buyers recover a portion of the harmonized sales tax paid when purchasing a newly constructed home. Eligible buyers can claim up to $30,000 in federal HST rebate and additional provincial rebates depending on the province where the property is located. The rebate applies to homes purchased…

Capital gains tax on real estate in Alberta is a subject every property owner and investor needs to understand before selling in . Alberta has no provincial sales tax and is known for its relatively low tax environment, but capital gains from real estate are still fully subject to federal tax rules and Alberta provincial…

Capital gains tax on real estate in Ontario is a critical consideration for anyone selling property in . Whether you are selling a rental property, a vacation home, or an investment property, the profit you make is taxable under Canadian federal law. Ontario does not have a separate provincial capital gains tax, but your provincial…

Every landlord in Canada should understand how to claim rental property tax deductions before filing their annual return. The CRA allows you to deduct property tax as a legitimate rental expense against your rental income, yet many landlords either miss this deduction entirely or claim it incorrectly. This guide explains exactly how to claim it,…

Real estate tax in Canada encompasses multiple obligations including property transfer taxes, annual municipal property taxes, capital gains taxes on investment properties, and rental income taxation. Property owners must understand federal and provincial tax rules to remain compliant and maximize deductions. Whether you own residential rental properties, commercial real estate, or are planning to sell,…

Calgary property tax payment is due on June 30 every year, and the City of Calgary offers multiple ways to pay including online banking, through your mortgage lender, by mail, and in person at City Hall. Missing the June 30 deadline results in a penalty of 7% applied immediately to any unpaid balance, so knowing…

If your Calgary property tax assessment seems too high, you have the right to appeal it through the City of Calgary’s formal review and appeal process. The assessment appeal deadline in Calgary is March 31 each year for properties assessed in the current tax year. A successful appeal can reduce your assessed value, which directly…

Calgary Property Tax Lookup is the process of checking your annual property tax amount, assessment value, and payment status through the City of Calgary’s online systems. Every Calgary property owner needs to access their property tax information to verify amounts owed, understand assessment values, confirm payment history, and ensure accuracy before making payments. The lookup…