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 | 0.77% | $6,138 | $9,208 |
| 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)
Ontario made its former province-wide Vacant Unit Rebate program (historically 30% for commercial and 35% for industrial vacant space) optional for municipalities starting in 2017, and many Ontario cities have since reduced or eliminated it. Confirm directly with the City of Mississauga whether a vacancy rebate is still offered before factoring one into your tax planning.
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% | 0.77% |
| Annual tax | $10,780 | $13,044 |
| Land transfer tax | Provincial only | Provincial + Municipal |
Key insight: Now that Toronto’s rate has risen to roughly match Mississauga’s, Toronto’s much higher average home price means a meaningfully larger annual tax bill. Toronto also has a Municipal Land Transfer Tax (1-2.5% on purchases), which Mississauga does not, adding further to the cost of buying (though not owning) in Toronto.
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 (now branded the Hazel McCallion Line), connecting Port Credit GO to Brampton, has faced repeated construction delays past its original target dates. Properties near LRT stations may see increased assessments once it opens.
Infrastructure Renewal
As a mature city, Mississauga faces ongoing infrastructure renewal costs (roads, water mains, community facilities) that influence future tax needs.