% CityFactsOntario

Timmins property tax rate 2024

City, single-tier municipality · population 41,145 · 19,390 households

Residential tax rate, 2024
1.988%
of assessed value (effective rate)
Tax on a $750,000 home
$14,913
per year, before rebates
Ontario rank, 2024
353rd
lowest of 391 municipalities
Change vs 2023
+0.055 pts
residential levy +3.3%

In 2024, Timmins collected $58,443,401 in residential property taxes on $2,939,145,074 of taxable residential assessment. That works out to an effective rate of 1.988%, 0.631 points above the Ontario median of 1.357% for 2024. Among the 391 lower- and single-tier municipalities that filed for 2024, Timmins ranks 353rd lowest.

Where the tax goes

Municipal: 1.835% (92%) 92% Education: 0.153% (8%)
Municipal (Timmins)1.835%92% of the bill
Education (Province of Ontario)0.153%8%
Total residential rate1.988%100%

Municipal Regional / county Education

Estimate your Timmins property tax

$
Estimated 2024 tax: $14,913 (1.988% × value)
Assessed valueMunicipalEducationTotal
$500,000$9,177$765$9,942
$750,000$13,766$1,148$14,913
$1,000,000$18,354$1,530$19,884

Assessed value is the MPAC value on your assessment notice, not market value. Ontario has kept assessments at January 1, 2016 values since 2017, so a home bought recently is usually assessed well below its purchase price. Estimates exclude local improvement charges, business improvement area levies and any rebates.

Rate trend 2016–2024

1.71% 1.79% 1.88% 1.96% 2.04% 2016 2018 2020 2022 2024 2016: 1.866% 2017: 1.762% 2018: 1.782% 2019: 1.821% 2020: 1.833% 2021: 1.853% 2022: 1.889% 2023: 1.933% 2024: 1.988% 1.866% 1.988%

Timmins's residential rate rose from 1.866% in 2016 to 1.988% in 2024. Total residential taxes collected grew 20% over the same period, which reflects both rate changes and growth in the assessment base.

Year-by-year table
YearResidential rateMunicipalRegion / countyEducationResidential taxes levied
20161.866%1.678%0.000%0.188%$48,818,601
20171.762%1.597%0.000%0.166%$50,747,989
20181.782%1.620%0.000%0.161%$51,471,157
20191.821%1.664%0.000%0.157%$52,935,665
20201.833%1.680%0.000%0.153%$53,287,544
20211.853%1.700%0.000%0.153%$53,932,465
20221.889%1.736%0.000%0.153%$55,164,206
20231.933%1.780%0.000%0.153%$56,597,107
20241.988%1.835%0.000%0.153%$58,443,401

Instalments and due dates (2024)

Timmins reported 3 residential instalments in 2024, with due dates including February 29, 2024, June 28, 2024, September 27, 2024. Dates shift each year; check the municipal website for the current schedule.

All property classes, 2024

Property classEffective rateTaxable assessmentTaxes levied
Residential1.988%$2,939,145,074$58,443,401
Multi-residential3.250%$79,913,800$2,597,150
Farmland0.497%$6,863,800$34,120
Managed forests0.497%$536,100$2,665
Commercial4.515%$462,315,457$20,873,161
Office building4.514%$2,799,200$126,361
Shopping centre4.514%$68,667,928$3,099,800
Parking lot4.514%$479,100$21,627
Industrial5.471%$38,878,001$2,127,125
Large industrial5.469%$46,389,377$2,536,861
Pipelines5.023%$18,036,000$905,937

Commercial and industrial rates include the provincial business education tax. Rates for small classes can swing year to year because a few properties dominate them.

Similar-sized municipalities (2024)

MunicipalityResidential rateTax on $750,000Ontario rank
Timmins1.988%$14,913353
Bradford West Gwillimbury1.040%$7,80358
Brant County1.136%$8,52194
East Gwillimbury0.855%$6,40927
Lakeshore1.376%$10,322205
St Thomas1.661%$12,460295
Whitchurch - Stouffville0.802%$6,01320

About these numbers

What is an effective tax rate?
Total property taxes billed to a class divided by that class's taxable assessment. It is the average rate actually paid, so it can differ slightly from the rate printed in the municipal by-law when a municipality applies different rates to subclasses, phase-ins or special area levies.
Why is my bill different?
Your bill depends on your own assessed value, any special area charges, capping or phase-in adjustments and local improvement charges. Use the rate here to compare municipalities, and your assessment notice to estimate your own bill.
Where does the data come from?
Every Ontario municipality files an audited Financial Information Return with the Ministry of Municipal Affairs and Housing. These pages use Schedule 26A, "Taxation and Payments-in-Lieu Summary", for 2016 through 2024. Timmins's latest return was updated 2026-04-27. See the methodology.