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
2026 tax rates
Your assessment amount is multiplied by the final tax rate to determine your final taxes.
2026 final tax rates still need to be approved by Council. Final tax rates should be available in May 2026.
Your assessment amount is multiplied by the interim rate, to determine your interim tax bill.
Residential
- Tax class: RT/RH
- Notional tax rate: 0.417316 per cent
Multi-Residential
- Tax class: MT
- Notional tax rate: 0.758132 per cent
New Multi-Residential
- Tax class: NT
- Notional tax rate: 0.417316 per cent
Commercial – Full
- Tax class: CT/CH/DT/ST/GT
- Notional tax rate: 0.881674 per cent
Commercial – Vacant/Excess Land
- Tax class: CU/DU/SU/CX
- Notional tax rate: 0.881674 per cent
Industrial – Full
- Tax class: IT/LT
- Notional tax rate: 1.152543 per cent
Industrial – Full
- Tax class: IH
- Notional tax rate: 1.261635 per cent
Industrial – Vacant/Excess Land
- Tax class: IU/IX/LU
- Notional tax rate: 1.152543 per cent
Industrial – Vacant/Excess Land
- Tax class: IJ/IK
- Notional tax rate: 1.261635 per cent
Industrial - Farmland Awaiting Development
- Tax class: R1/C1/I1
- Notional tax rate: 0.312987 per cent
Pipeline
- Tax class: PT
- Notional tax rate: 0.801844per cent
Farmland
- Tax class: FT
- Notional tax rate: 0.087288 per cent
Managed forest
- Tax class: TT
- Notional tax rate: 0.104329 per cent
Commercial – Full
- Tax class: CT/DT/ST/GT
- Downtown BIA notional tax rate: 0.188688 per cent
- Bronte BIA notional tax rate: 0.240207 per cent
- Kerr Street BIA notional tax rate: 0.101725 per cent
Commercial – Vacant/Excess Land
- Tax class: CX/CU
- Downtown BIA notional tax rate: 0.188688 per cent
- Bronte BIA notional tax rate: 0.240207 per cent
- Kerr Street BIA notional tax rate: 0.101725 per cent
Tax rate summaries
Current tax rates
2026 Interim 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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- Lower Morrison and Lower Wedgewood Creek Flood Mitigation Study
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Contact
ServiceOakville
905-845-6601