Tax Rates
Tax rates are determined through the approval of the municipal budget by Council.
Tax rate calculation
Residential
For each $100,000 of residential assessment, multiply by the applicable rate.
Example:
$100,000 x 0.834632 per cent = $834.63
2025 tax rates
Your assessment amount is multiplied by the final tax rate to determine your final taxes.
Residential and Farm
- Tax class: RT/RH
- Final tax rate: 0.834632 per cent
Multi-Residential
- Tax class: MT
- Final tax rate: 1.516263 per cent
New Multi-Residential
- Tax class: NT
- Final tax rate: 0.834632 per cent
Commercial – Full
- Tax class: CT/CH/DT/ST/GT
- Final tax rate: 1.763348 per cent
Commercial – Vacant/Excess Land
- Tax class: CU/DU/SU/CX
- Final tax rate: 1.763348 per cent
Industrial – Full
- Tax class: IT/LT
- Final tax rate: 2.305087 per cent
Industrial – Full
- Tax class: IH
- Final tax rate: 2.523271 per cent
Industrial – Vacant/Excess Land
- Tax class: IU/IX/LU
- Final tax rate: 2.305087 per cent
Industrial – Vacant/Excess Land
- Tax class: IJ/IK
- Final tax rate: 2.523271 per cent
Industrial - Farmland Awaiting Development
- Tax class: R1/C1/I1
- Final tax rate: 0.625974 per cent
Pipeline
- Tax class: PT
- Final tax rate: 1.603688 per cent
Farmland
- Tax class: FT
- Final tax rate: 0.174576 per cent
Managed forest
- Tax class: TT
- Final tax rate: 0.208658 per cent
Commercial – Full
- Tax class: CT/DT/ST/GT
- Downtown BIA final tax rate: 0.377376 per cent
- Bronte BIA final tax rate: 0.480415 per cent
- Kerr Street BIA final tax rate: 0.203450 per cent
Commercial – Vacant/Excess Land
- Tax class: CX/CU
- Downtown BIA final tax rate: 0.377376 per cent
- Bronte BIA final tax rate: 0.480415 per cent
- Kerr Street BIA final tax rate: 0.203450 per cent
Your assessment amount is multiplied by the interim rate, to determine your interim tax bill.
Residential
- Tax class: RT/RH
- Notional tax rate: 0.397910 per cent
Multi-Residential
- Tax class: MT
- Notional tax rate: 0.719318 per cent
New Multi-Residential
- Tax class: NT
- Notional tax rate: 0.397910 per cent
Commercial – Full
- Tax class: CT/CH/DT/ST/GT
- Notional tax rate: 0.853409 per cent
Commercial – Vacant/Excess Land
- Tax class: CU/DU/SU/CX
- Notional tax rate: 0.853409 per cent
Industrial – Full
- Tax class: IT/LT
- Notional tax rate: 1.111970 per cent
Industrial – Full
- Tax class: IH
- Notional tax rate: 1.221062 per cent
Industrial – Vacant/Excess Land
- Tax class: IU/IX/LU
- Notional tax rate: 1.111970 per cent
Industrial – Vacant/Excess Land
- Tax class: IJ/IK
- Notional tax rate: 1.221062 per cent
Industrial - Farmland Awaiting Development
- Tax class: R1/C1/I1
- Notional tax rate: 0.298432 per cent
Pipeline
- Tax class: PT
- Notional tax rate: 0.781240 per cent
Farmland
- Tax class: FT
- Notional tax rate: 0.083407 per cent
Managed forest
- Tax class: TT
- Notional tax rate: 0.099477 per cent
Commercial – Full
- Tax class: CT/DT/ST/GT
- Downtown BIA notional tax rate: 0.183643 per cent
- Bronte BIA notional tax rate: 0.211801 per cent
- Kerr Street BIA notional tax rate: 0.100650 per cent
Commercial – Vacant/Excess Land
- Tax class: CX/CU
- Downtown BIA notional tax rate: 0.188643 per cent
- Bronte BIA notional tax rate: 0.211801 per cent
- Kerr Street BIA notional tax rate: 0.100650 per cent
Tax rate summaries
Current tax rates
2025 Final Tax Rate Summary (pdf)
Historical tax rates
Review our Summary of Previous Tax Rates (pdf) for information on the past five years of rates. For further historical information, please contact tax@oakville.ca.
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