Outside the GTA · 2026 rates

Property tax in Cambridge

Cambridge's rate is 1.51%. On a $1,000,000 plex that is $15,122 a year, the largest expense line after the mortgage.

What the rate is made of

Share	Rate	On $1,000,000
Municipal	0.52%	$5,174
Regional	0.84%	$8,418
Education	0.15%	$1,530
Total	1.51%	$15,122

Against neighbouring cities

City	Rate	On $1,000,000
Brock	1.48%	$14,775
Guelph	1.49%	$14,944
Cambridge	1.51%	$15,122
Brantford	1.54%	$15,365
Hamilton	1.56%	$15,572

Land transfer tax

On a $1,000,000 building the tax is $16,475. The schedule is provincial: it is the same in Cambridge as anywhere else in Ontario, outside the City of Toronto which adds a second one.

Your assessment is frozen at 2016 values

Ontario taxes on January 1, 2016 values, and a sale does not reset them. On a building bought at $1,000,000 whose assessment sits near $550,000, the tax is computed on that assessment, not on the price.

That is an advantage today and a liability tomorrow: when the roll is updated, expect about $6,805 more per year in Cambridge, or $567 a month. Plexmeter derives it from your own tax bill, with no market averages.

What is the property tax rate in Cambridge?

Cambridge's rate is 1.51%. On a $1,000,000 plex that is $15,122 a year.

What value is Ontario property tax calculated on?

Ontario taxes on January 1, 2016 values, and a sale does not reset them.