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Property Taxes

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Potential Canada Post service disruption 

During a potential Canada Post service disruption you will not receive your water utility or property tax bill in the mail. We would like to help you by making it easier for you to receive your bill and make a payment on time.

To receive your bills electronically please visit epost.ca to register and view your bill online. As an epost customer you will be notified when your PDF bill is ready. Please note: If you are currently an epost subscriber, your email notification will arrive as usual and will not be impacted by the strike.

To make paying your bill easier and ensure your payment arrives on time, please see our payment options for property taxes. Save time and sign up for the preauthorized payment plan.

About your property taxes

Property taxes allow the City of Waterloo to provide the important municipal programs and services you value and expect. View a breakdown of how the City of Waterloo allocates property tax revenue.

Tax bill components

Your final property tax bill has three components:

  • Education taxes - 15 per cent
  • Municipal taxes (to the city) - 30 per cent
  • Regional taxes - 55 per cent

Use our online calculator (for residential properties only) to see how much of your property tax bill goes to the City of Waterloo.

Setting taxes

We set your property taxes using your property assessment (determined by the Municipal Property Assessment Corp) times the city's tax rate, the Region of Waterloo's tax rate and the provincial education tax rate. To calculate your total property tax bill, multiply your property assessment by the total residential tax rate.

In 2018 the residential tax rate is 1.107847 per cent (City of Waterloo 0.332798 per cent + Region of Waterloo 0.605048 per cent + all school boards 0.170000 per cent = 1.107847 per cent).

A residential property assessed at $383,900 would therefore incur $4,253.02 in property taxes in 2018 ($383,900 x 1.107847 per cent= $4,253.02).

To learn more about how your property was assessed, view information MPAC has on file for your property and compare that with other properties in your area, please register at aboutmyproperty.ca.

Assessment growth

Watch a brief video to help understand how assessment growth impacts the tax base:

Change in market value

Watch a brief video to help understand how a change in your home's market value impacts your taxes: