Hamilton Property Tax 2026 — Mill Rate 1.4971%

What is Hamilton's 2026 property tax rate?

Hamilton's 2026 residential mill rate is 1.4971% (0.01497135 as a decimal). On a $800,000 home this works out to $11,977 per year, or roughly $998 per month if your lender holds the tax in escrow. Source: https://www.hamilton.ca/sites/default/files/2025-05/25-086.pdf, last verified 2026-08-04.

When are Hamilton property taxes due?

Hamilton's 2026 interim bill is due Last working day in February and Last working day in April. Hamilton's 2026 final bill is due Last working day in June and Last working day in September. Hamilton publishes its schedule as a rule rather than fixed dates. The penalty charge is 1.25%, with interest of 1.25% per month on arrears. Source: https://www.hamilton.ca/home-neighbourhood/property-taxes/property-tax-billing/property-tax-due-dates-and-penalties, last verified 2026-08-26. Most lenders collect property tax monthly through PITI escrow rather than waiting for the city's due date.

How is my Hamilton home assessed?

Your tax is calculated as assessed value × mill rate, not market value × mill rate. Ontario uses a public assessment authority (BC Assessment, MPAC in Ontario, etc.) to set assessed values, usually updated every 1-4 years. Assessed value typically lags market value, so the same mill rate produces different effective burdens depending on assessment cycle timing.

Are Hamilton property taxes deductible on my income tax return?

Property tax on your principal residence is NOT deductible federally or provincially. It only becomes deductible when the property generates rental income (line 9180 on T776) or self-employed business income (CCA / business-use-of-home on T2125). For a principal residence, the tax is a non-deductible cost of ownership.

Why does Hamilton's mill rate differ from neighbouring cities?

Each Canadian municipality sets its own residential mill rate to fund local services — police, fire, transit, parks, road maintenance — plus a provincially-set education portion. Cities with higher assessed values can raise the same revenue at a lower mill rate (Vancouver, Toronto), while cities with lower assessed values often need higher rates to fund equivalent services. Compare Hamilton with other Ontario cities in the table above.