Municipal Finance

Peterborough Property Tax — 2026

Residential mill rate of 8.72 mills. Estimated $5,148/year on a $450,000 assessed home in Ontario.

By Canadian Property Tax Data Team · Sourced from official open data

Direct municipal data
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Residential mill rate
8.72 mills
$3,924/yr municipal on $450,000 home
Education levy
2.72 mills
$1,224/yr on $450,000 home
Estimated total tax
$5,148/yr
Municipal + education on $450,000 assessed value
Commercial mill rate
12.21 mills
2026 rate

Rate vs provincial average

How Peterborough compares to other Ontario municipalities

Peterborough8.72 mills
Ontario average9.135918367346937 mills

Peterborough is 4.6% below the provincial average of 9.14 mills.

Tax estimate on median home

Based on a $450,000 assessed value

Annual breakdown

Municipal portion
$3,924
Education levy
$1,224
Estimated total
$5,148/yr
Calculate for any assessed value →
Mortgage rates

Lower your Peterborough housing costs

Property tax is only part of the picture. Compare current mortgage rates from Canadian lenders and see how much you could save on your monthly payment.

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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.