Property taxes for the Residential and Farm tax class (RT) are a product of the annual tax rates, as determined by the City of Brampton, The Region of Peel and the Province of Ontario (education) and the Assessment Value provided by the Municipal Property Assessment Corporation (MPAC)
Example:
Assessment Value* (416,000)
X Total Tax Rate (2016: 1.103025%) = $4,588.58
* If assessed value has not been assigned, the purchase price can be used to estimate taxes.