Township · Lanark County · Eastern Ontario
Property tax rate in Tay Valley, Ontario
The 2024 residential rate in Tay Valley is 1.0687%: $1,069 for every $100,000 of assessed value. That is 328th highest of 409 Ontario municipalities.
Rate history
| Year | Residential rate | Change |
|---|---|---|
| 2023 | 1.0364% | — |
| 2024 | 1.0687% | +3.1% |
| 2025 | not filed yet | — |
No 2025 rate is in the province's file yet for this municipality: not every municipality had filed its 2025 return when the file was last updated.
Rates by property class, 2024
The same file lists a rate for each class of property. The tax ratio shows how that class's rate compares with residential (residential = 1).
| Class | Total rate | Tax ratio | Municipal | County or region | Education |
|---|---|---|---|---|---|
| Residential | 1.0687% | 1.000 | 0.5173% | 0.3984% | 0.1530% |
| Multi-residential | 1.9600% | 1.973 | 1.0209% | 0.7861% | 0.1530% |
| Commercial | 2.5676% | 1.843 | 0.9534% | 0.7342% | 0.8800% |
| Industrial | 3.1982% | 2.532 | 1.3097% | 1.0085% | 0.8800% |
| Farmland | 0.2672% | 0.250 | 0.1293% | 0.0996% | 0.0382% |
| Managed forest | 0.2672% | 0.250 | 0.1293% | 0.0996% | 0.0382% |
| Pipeline | 2.7181% | 2.007 | 1.0384% | 0.7996% | 0.8800% |
Others in Lanark County
The 8 municipalities in Lanark County nearest in rate. All of Lanark County →
| Municipality | Rate 2024 | Tax on $500,000 |
|---|---|---|
| Mississippi Mills | 1.1319% | $5,659 |
| Drummond-North Elmsley | 0.9768% | $4,884 |
| Lanark Highlands | 1.1911% | $5,955 |
| Beckwith | 0.8673% | $4,336 |
| Carleton Place | 1.3026% | $6,513 |
| Montague | 1.3376% | $6,688 |
| Perth | 1.4920% | $7,460 |
| Smiths Falls | 1.9493% | $9,746 |
Questions
What is the property tax rate in Tay Valley, Ontario?
The 2024 residential property tax rate in Tay Valley is 1.0687%, filed in the province's Financial Information Return. That is about $1,069 per $100,000 of assessed value.
How much is property tax on a $500,000 home in Tay Valley?
At the 2024 residential rate of 1.0687%, a home assessed at $500,000 pays about $5,344 a year ($445 a month), before any local charges not in the rate.
Is Tay Valley high or low for Ontario?
Its rate is 0.28 percentage points below the 2024 median of 1.35%. It ranks 328th highest of 409 municipalities.
Does this include the county and education tax?
Yes. The 1.0687% adds the municipal part (0.5173%) , the county or region part (0.3984%) and the education part (0.1530%).
Is this my exact bill?
No. Your bill depends on your assessed value and on charges that are not part of the rate, such as special area levies, water and waste fees. Check your tax bill or ask your municipality.