Mississauga Property Tax 2026
Mississauga’s residential property tax rate is approximately 0.77% — competitive within the GTA and lower than many Ontario municipalities.
| Component | Approximate Rate |
|---|---|
| City of Mississauga | ~0.35% |
| Region of Peel | ~0.27% |
| Education | ~0.15% |
| Total Residential Rate | ~0.77% |
As Canada’s 6th largest city (population ~720,000), Mississauga benefits from economies of scale and a strong commercial tax base that helps keep residential rates competitive.
How Mississauga Property Tax Is Calculated
Your annual property tax is:
Property Tax = MPAC Assessed Value × Tax Rate
| Assessed Value | Annual Tax (@ 0.77%) | Monthly Equivalent |
|---|---|---|
| $500,000 | $3,850 | $321 |
| $600,000 | $4,620 | $385 |
| $700,000 | $5,390 | $449 |
| $800,000 | $6,160 | $513 |
| $900,000 | $6,930 | $578 |
| $1,000,000 | $7,700 | $642 |
| $1,200,000 | $9,240 | $770 |
| $1,500,000 | $11,550 | $963 |
| $2,000,000 | $15,400 | $1,283 |
Mississauga vs GTA Comparison
| City | Tax Rate | Tax on $800K | Tax on $1.2M |
|---|---|---|---|
| Toronto | 0.63% | $5,040 | $7,560 |
| Markham | 0.68% | $5,440 | $8,160 |
| Vaughan | 0.71% | $5,680 | $8,520 |
| Mississauga | 0.77% | $6,160 | $9,240 |
| Oakville | 0.82% | $6,560 | $9,840 |
| Brampton | 1.02% | $8,160 | $12,240 |
| Hamilton | 1.22% | $9,760 | $14,640 |
Why Mississauga’s Rate Is Lower Than Brampton
Both cities are in Peel Region, but rates differ significantly:
| Factor | Mississauga | Brampton |
|---|---|---|
| Average home value | Higher | Lower |
| Commercial tax base | Larger (airport, business parks) | Smaller |
| Population growth rate | Moderate | Rapid |
| Infrastructure age | More established | Newer, expanding |
| Revenue per rate point | More | Less |
What Your Taxes Fund
City of Mississauga Services (~45%)
| Service | Description |
|---|---|
| MiWay Transit | Local bus network |
| Fire & Emergency Services | Fire stations, paramedics |
| Parks & Recreation | Community centers, pools, arenas |
| Roads & Traffic | Road maintenance, snow removal |
| Library Services | 18 branches citywide |
| Planning & Building | Development, permits |
| Culture & Events | Living Arts Centre, Celebration Square |
Region of Peel Services (~40%)
| Service | Description |
|---|---|
| Peel Regional Police | Police services |
| Water & Wastewater | Treatment and infrastructure |
| Public Health | Peel Health |
| Social Services | Ontario Works, housing support |
| Waste Management | Garbage, recycling, organics |
| Long-term Care | Peel Manor, Sheridan Villa |
Education Levy (~15%)
The education portion is set by the Province of Ontario and is consistent across the province. It funds public school boards (Peel District School Board, Dufferin-Peel Catholic DSB).
Property Assessment in Mississauga
MPAC Assessment
The Municipal Property Assessment Corporation (MPAC) determines your property’s Current Value Assessment (CVA):
| Factor | Weight |
|---|---|
| Recent comparable sales | Primary |
| Location / neighbourhood | High |
| Lot size and frontage | Moderate |
| Living area (sq ft) | High |
| Age and condition | Moderate |
| Major renovations | Material |
| Features (pool, garage) | Moderate |
Mississauga Neighbourhoods and Values
Property values — and therefore tax bills — vary significantly by area:
| Neighbourhood | Typical Detached | Annual Tax (est.) |
|---|---|---|
| Port Credit | $1.8M+ | $13,860+ |
| Lorne Park | $2.0M+ | $15,400+ |
| Erin Mills | $1.3M | $10,010 |
| Streetsville | $1.4M | $10,780 |
| Meadowvale | $1.2M | $9,240 |
| Malton | $1.0M | $7,700 |
| City Centre (condo) | $600K | $4,620 |
Challenging Your Assessment
If you disagree with your MPAC assessment:
- Review online — Check AboutMyProperty™ on MPAC’s website
- Request Reconsideration (RfR) — Free, within 120 days
- Appeal to ARB — Assessment Review Board, $125 fee
Common grounds for appeal:
- Assessed value exceeds actual market value
- Similar properties assessed lower
- Property data is incorrect
Payment Options
Due Dates (Typical)
| Installment | Due Date | Bill Type |
|---|---|---|
| 1 | Late February | Interim |
| 2 | Late April | Interim |
| 3 | Late June | Final |
| 4 | Late September | Final |
Payment Methods
| Method | Details |
|---|---|
| Pre-authorized (PAP) | Monthly or due date withdrawals |
| Online banking | Through your bank |
| At bank branches | With remittance stub |
| By mail | Cheque payable to City of Mississauga |
| Mortgage escrow | Many lenders include taxes |
| In-person | Mississauga Civic Centre |
Late Payment Penalties
| Period | Penalty |
|---|---|
| First month overdue | 1.25% |
| Each subsequent month | 1.25% additional |
| Year-end | Outstanding becomes arrears |
Properties with three years of unpaid taxes risk tax sale.
Tax Rebate and Relief Programs
Senior/Disabled Tax Deferral
Ontario’s property tax deferral program allows eligible low-income seniors to defer property tax increases.
| Criteria | Requirement |
|---|---|
| Age | 65+ |
| Income | Below threshold |
| Occupancy | Primary residence |
Deferred taxes accumulate against the property and are paid on sale.
Low-Income Relief
Mississauga may offer property tax grants or deferrals for qualifying low-income residents. Contact City of Mississauga for current programs.
Charity Rebates
Registered charities may qualify for rebates of up to 40% of property taxes on eligible properties.
Vacancy Rebates (Commercial)
| Property Type | Rebate for Vacancy |
|---|---|
| Commercial | 30% |
| Industrial | 35% |
Mississauga vs Toronto: Total Cost Analysis
While Mississauga’s tax rate is higher than Toronto’s, total costs depend on home prices:
| Factor | Mississauga | Toronto |
|---|---|---|
| Average detached price | ~$1.4M | ~$1.7M |
| Tax rate | 0.77% | 0.63% |
| Annual tax | $10,780 | $10,710 |
| Land transfer tax | Provincial only | Provincial + Municipal |
Key insight: Toronto’s lower rate on higher-priced homes often results in similar tax bills. However, Toronto also has a Municipal Land Transfer Tax (1-2.5% on purchases), which Mississauga does not.
Condo Property Taxes
Condos in Mississauga are assessed individually and pay property tax based on unit value:
| Condo Value | Annual Tax | Monthly Tax | Plus Condo Fees |
|---|---|---|---|
| $450,000 | $3,465 | $289 | $400-700 |
| $600,000 | $4,620 | $385 | $450-800 |
| $800,000 | $6,160 | $513 | $500-900 |
Condo fees cover building maintenance, amenities, and reserve fund — they are separate from property taxes.
Mississauga Housing Market Context (2026)
| Property Type | Average Price | Annual Tax |
|---|---|---|
| Detached | ~$1,400,000 | $10,780 |
| Semi-detached | ~$1,050,000 | $8,085 |
| Townhouse | ~$900,000 | $6,930 |
| Condo apartment | ~$600,000 | $4,620 |
Future Considerations
Peel Region Governance
The Ontario government has discussed restructuring Peel Region. Any changes could affect:
- How regional services are funded
- The balance between municipal and regional taxes
- Potential consolidation or separation
Hurontario LRT
The Hurontario Light Rail Transit project (opening 2024-2025) will improve transit connectivity. Properties near LRT stations may see increased assessments over time.
Infrastructure Renewal
As a mature city, Mississauga faces ongoing infrastructure renewal costs (roads, water mains, community facilities) that influence future tax needs.