Plexmeter
FREN
Durham · 2025 rates

Property tax in Pickering

Pickering's rate is 1.29%. On a $1,000,000 plex that is $12,882 a year, the largest expense line after the mortgage.
Buying a plex?

Property tax is one line of the bill.

Plexmeter computes your payment on the Canadian semi-annual compounding rule, your real cash flow, the coverage ratio your lender will demand, and the price above which the building stops carrying itself.
See Plexmeter: $199

What the rate is made of

ShareRateOn $1,000,000
Municipal0.39%$3,904
Regional0.74%$7,449
Education0.15%$1,530
Total1.29%$12,882

Against neighbouring cities

CityRateOn $1,000,000
Georgina1.19%$11,911
Brampton1.20%$12,006
Pickering1.29%$12,882
Uxbridge1.30%$12,967
Whitby1.33%$13,322

Land transfer tax

On a $1,000,000 building the tax is $16,475. The schedule is provincial: it is the same in Pickering 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 $5,797 more per year in Pickering, or $483 a month. Plexmeter derives it from your own tax bill, with no market averages.

What is the property tax rate in Pickering?

Pickering's rate is 1.29%. On a $1,000,000 plex that is $12,882 a year.

What value is Ontario property tax calculated on?

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

Other municipalities