Property Tax Billing

News Release: February 6, 2025 - City of Toronto issues 2025 interim property tax bills

2025 Interim bills are mailed in January and Final bills are mailed in May. Payments must reach our offices on or before the instalment due dates to avoid penalty or interest charges.

2025 due dates for City of Toronto property taxes:

  • Regular installment:
    • Interim bill: March 3, April 1, May 1
    • Final bill: July 2, August 1, September 2 (Tentative)
  • Two-instalment plan:
    • Interim bill: March 3
    • Final bill: July 2 (Tentative)
  • Six-instalment plan:
    • Interim bill: March 1, April 2, May 1
    • Final bill: July 2, August 1, September 3
  • Eleven-instalment plan:  
    • Interim bill: February 18, March 17, April 15, May 15, June 16
    • Final bill: July 15, August 15, September 15, October 15, November 17, December 15

Did Not Receive your Tax Bill?

Property Tax Bill Reprint

You can access and download a copy of your property tax bill by signing into the online Property Tax Lookup. Should you require it, you can also request a reprint of your property tax bill. A fee for the reprint of a tax bill will be applied to your property tax account. Once the request has been received, a reprinted bill will be delivered within approximately 5 business days (mail request).

 

The City of Toronto issues two property tax bills each year – the Interim Property Tax Bill and the Final Property Tax Bill. Find out more about Toronto property tax bills including, payment options, instalment due dates, tax rates, fees and relief programs.

Revenue generated from property taxes helps to pay for public education as well as city services and programs, some of which may include but are not limited to:

  • Police, Fire and Paramedic Services
  • Public transit
  • Parks, forestry and recreation

Interim Property Tax Bill

  • Calculated at 50 per cent of the previous year's total property tax
  • Interim Property Tax Bill is mailed out in January each year
  • Final tax bill calculations will reflect Council-approved tax rate passed annually with the budgeting process.
  • Regular payment instalments are due the first business day of March, April and May
  • If property tax is paid through your mortgage company, the Interim Property Tax Bill will be sent directly to the mortgage company – you will only receive the Final Property Tax Bill

Final Property Tax Bill

  • Calculated using the property assessment value and multiplying it by the tax rate (Assessment x Rate = Total Property Tax)
  • The tax rate is comprised of two components — the municipal portion passed by City Council and the education rate set by the Province of Ontario
  • Property assessment value is assigned by the Municipal Property Assessment Corporation (MPAC)
  • Final Property Tax Bill is mailed out in May each year
  • Regular payment instalments are due the first business day of July, August and September

Pre-Authorized Tax Payment Program

Enrol in Pre-Authorized Tax Payments where you can authorize the City to deduct property tax payments directly from your bank account. Three payment plan options are available to you:

  • 2 tax instalments
  • 6 tax instalments
  • 11 tax instalments

Users already enrolled in pre-authorized tax payment through MyToronto Pay can self-serve in changing payment methods, changing instalment plan or cancelling program enrolment.

Electronic Billing - eBilling

Learn more about subscribing to eBilling — a secure and convenient way to receive email notifications and access your bills online through the Property Tax Lookup or Utility Account Lookup.

Accessible Bills

If you require your bills in a different format, call 311 - Tax & Utility Inquiry Line, or for TRS, dial 711.

Supplementary/Omitted Tax Bill

Supplementary & Omitted Tax bills are issued outside of the regular billing cycle, separate to the Interim and Final Property Tax Bills. Some important points about supplementary/omitted tax bills include:

  • May include assessment value for current year and previously omitted two years prior
  • Cannot be paid through the Pre-Authorized Tax Payment Program or through a mortgage company — you will need to pay this through another accepted payment method or forward this bill to your mortgage company for payment
  • Each supplementary/omitted tax bill will be payable in two tax instalments
  • Starting in June 2025, Supplementary/Omitted tax bills will be included in eBilling notifications

City Building Fund (CBF)

The City Building Fund is a tax levy dedicated to priority transit and housing projects.

Transfer-to-Tax Notice

Past due utility account balances outstanding for at least 28 days past the original payment due date will result in a Transfer-to-Tax Notice being mailed to the property owner.
A new payment due date will be assigned, 30 days from the date the Transfer-to-Tax Notice is mailed.
If payment is not received in full by the new payment due date indicated on the Transfer-to-Tax Notice, the outstanding balance will be transferred to the property tax account.

MyToronto Pay customers

Customers already enrolled in eBilling and pre-authorized payment may continue to sign-in to their accounts and view bills and update payment methods, change instalment plans or de-enrol from pre-authorized payments.

Any customer may make an online payment through MyToronto Pay for their property tax, utility bill or parking violation.