Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Mississauga’s 2026 residential property tax rate is 1.087901% of MPAC assessed value, so a home assessed at $700,000 pays about $7,615 a year. Bills come twice a year in three instalments each; in 2026 they were due March 5, April 2, May 7, July 2, August 6 and September 3. The 2027 rate is not set yet.
This is for Mississauga homeowners and anyone buying in Mississauga who wants to know the property tax rate, what a typical bill looks like, and when payments are due heading into 2027. You will get the official 2026 rates, sample bills, the due-date pattern, late-payment rules and what to expect from the 2027 budget.
What is the property tax rate in Mississauga?
The 2026 residential property tax rate in Mississauga is 1.087901% of your assessed value. That one rate is made up of three parts, all collected on the same bill by the City.
| Part of the rate | 2026 residential rate | Share of your bill | What it pays for |
|---|---|---|---|
| City of Mississauga | 0.396141% | about 36% | Fire, transportation, libraries, recreation |
| Region of Peel | 0.538760% | about 50% | Police, paramedics, public health |
| Education (Province) | 0.153000% | about 14% | Elementary and secondary schools |
| Total | 1.087901% | 100% |
Source: City of Mississauga 2026 Tax Ratios and Rates By-law 0061-2026, Schedule A (residential class); Region of Peel total 2026 tax rates.
The same rate applies in all 11 wards, so a home in Port Credit and a home in Meadowvale with the same assessment pay the same tax. The rate for 2027 will not be set until the 2027 budgets are approved.
How much is the average property tax bill in Mississauga?
The City uses a home assessed at $700,000 as its example. At the 2026 rate, that home pays about $7,615 a year. Every $100,000 of assessed value adds about $1,088.
| Assessed value (MPAC) | City portion | Peel portion | Education | Total 2026 tax |
|---|---|---|---|---|
| $400,000 | $1,585 | $2,155 | $612 | $4,352 |
| $600,000 | $2,377 | $3,233 | $918 | $6,527 |
| $700,000 | $2,773 | $3,771 | $1,071 | $7,615 |
| $900,000 | $3,565 | $4,849 | $1,377 | $9,791 |
| $1,200,000 | $4,754 | $6,465 | $1,836 | $13,055 |
Source: my calculations from the City of Mississauga 2026 residential rates, rounded to the dollar. Your bill may include other charges or adjustments.
Your own bill depends on your MPAC assessment, not on what your home would sell for today. Check the assessed value printed on your bill or your MPAC notice, then multiply it by 1.087901%.
How is Mississauga property tax calculated?
The formula is simple: assessed value × tax rate = annual property tax.
The assessed value comes from the Municipal Property Assessment Corporation (MPAC). The City says current assessments are still based on values as of January 1, 2016. The Province paused the 2020 reassessment and has not announced a new timeline. So your assessment is likely well below what your home would sell for today.
That is why two neighbours can pay very different tax. A home that was larger or more valuable in 2016, or that has had a major addition since, will usually have a higher assessment. When a reassessment does happen, the City says it adjusts the tax rate so that total revenue matches the approved budget. Higher assessments do not automatically mean higher total taxes, but your share can shift if your home’s value rose more than average.
For context on market prices, from January to October 2026 the median detached home in Mississauga sold for $1,225,000, the median semi for $885,000 and the median condo apartment for $485,000, per TRREB MLS data via REALM. Read our Mississauga housing market 2027 outlook for more.
What will Mississauga property tax be in 2027?
As of early November 2026, I could not find an adopted 2027 budget for the City or the Region. The 2026 budget was announced as adopted on January 28, 2026, so the 2027 numbers may not be final until early 2027.
Here is what the 2026 budget did, for context:
- The total residential tax increase was 5.21%, made up of the City’s 1.61% share and Peel’s 3.60% share.
- That added about $53.91 per $100,000 of assessed value, or $377.37 on a home assessed at $700,000.
- The City said the 2026 increase was four percentage points lower than the 2025 increase.
To plan, here are two illustrations for a home assessed at $700,000. These are not forecasts.
| If the total 2027 increase is | 2027 tax on a $700,000 assessment | Change from 2026 |
|---|---|---|
| 3% | about $7,844 | +$229 |
| 5% | about $7,996 | +$381 |
Source: my calculations from the 2026 bill of $7,615; illustrations only, not a forecast of the 2027 budget.
Your first 2027 bill, the interim bill, does not wait for the budget. Under the City’s 2026 interim by-law, the interim levy was capped at 50% of the previous year’s total taxes. If the 2027 by-law follows the same approach, a home that paid $7,615 in 2026 would see an interim bill of about $3,808, with any increase showing up on the final bill in June.
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When is property tax due in Mississauga?
Mississauga bills twice a year, and residential owners pay each bill in three instalments. The exact dates are set by Council and printed on your bill. Here is the 2026 pattern:
| Bill | Mailed | 2026 regular due dates | Pre-authorized monthly plan |
|---|---|---|---|
| Interim | First week of February | March 5, April 2, May 7 | Six withdrawals, January to June |
| Final | Second week of June | July 2, August 6, September 3 | Six withdrawals, July to December |
Source: City of Mississauga interim and final tax bills page; By-law 0166-2025 (2026 interim); By-law 0062-2026 (2026 final).
Expect 2027 to follow a similar pattern, but use the dates on your 2027 bill. Owners on the pre-authorized plan get their interim bill in the second week of December. If you choose monthly withdrawals, you pick the 1st, 8th, 15th or 22nd of the month.
The City is clear that not receiving a bill does not excuse you from paying or from late charges. Toronto’s dates are different; compare them in our guide to Toronto property tax due dates.
How do you pay, and what happens if you pay late?
You can pay through your bank using your roll number as the account number, by cheque in the Civic Centre drop box or by mail, through a third-party credit card service that may charge a fee, or on the pre-authorized tax payment plan. To join the plan you must have no overdue taxes, and changes need 15 business days’ notice before the next withdrawal.
Late charges add up fast:
- 1.25% of the overdue instalment is added the day after the due date.
- Another 1.25% of any unpaid amount is added on the first day of each month after that.
- The City says Council and staff cannot waive these charges.
If you buy a home and were planning to use the seller’s pre-authorized plan, it will not carry over. The City cancels the plan when ownership changes, and you must apply again. Set a reminder for the next due date so your first year as an owner does not start with a late charge. The City also charges a $60 new account fee and a $40 ownership change fee.
Your lawyer will also adjust the tax between you and the seller on closing, so you each pay only for the days you own the home. If you are buying your first place here, our first-time home buyer guide for Mississauga walks through the rest of the process.
How does Mississauga property tax compare with Brampton and Caledon?
Mississauga’s rate is lower than Brampton’s but higher than Caledon’s, the other two Peel municipalities.
| Peel municipality | 2026 residential rate | Tax on a $700,000 assessment | Median detached price, Jan–Oct 2026 |
|---|---|---|---|
| Caledon | 0.982207% | $6,875 | $1,180,000 |
| Mississauga | 1.087901% | $7,615 | $1,225,000 |
| Brampton | 1.253381% | $8,774 | $950,000 |
Source: Region of Peel total 2026 tax rates; TRREB MLS data via REALM, January–October 2026 (medians). Taxes are my calculations.
Remember that each city’s assessments differ, so a lower rate does not always mean a lower bill. See how every GTA city stacks up in our GTA property tax rates comparison.
Can you lower your Mississauga property tax bill?
- Check your assessment. If you think MPAC’s value is wrong, residential owners must file a Request for Reconsideration with MPAC by the deadline printed on their Property Assessment Notice.
- Apply for the low-income rebate. The City offers a rebate for low-income seniors 65 and older and low-income people with disabilities who receive GIS or ODSP, own the home and have lived there at least a year. You must apply every year by December 31.
- Look at provincial help. Ontario’s Senior Homeowners’ Property Tax Grant is a separate program. Our guide to property tax relief for seniors in the GTA covers both.
When my clients compare homes in Mississauga, I ask them to look up the actual tax on each listing, not guess from the price. Because assessments still use 2016 values, two homes at the same price can have quite different tax bills, and every $100,000 of assessed value changes the bill by about $1,088. Build the real number into your monthly budget, and plan for another increase in 2027, since the total Mississauga tax bill rose in both 2025 and 2026.
What to do next
- Find your assessed value on your tax bill or MPAC notice and multiply it by 1.087901% for your 2026 tax.
- Budget for a possible 2027 increase until the City and Peel approve their budgets.
- If you are buying, ask your lawyer to confirm the tax adjustment on closing and apply for the pre-authorized plan in your own name.
- If you are 65 or older on GIS, or receive ODSP, apply for the City’s rebate before December 31.
- Mark your 2027 instalment dates as soon as the interim bill arrives.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
What is the property tax rate in Mississauga for 2026?
The 2026 residential property tax rate in Mississauga is 1.087901% of assessed value. It combines the City rate of 0.396141%, the Region of Peel rate of 0.538760% and the provincial education rate of 0.153%. On a home assessed at $700,000, that equals about $7,615 for the year.
How much is property tax on a $700,000 house in Mississauga?
About $7,615 a year at the 2026 residential rate of 1.087901%, if $700,000 is the MPAC assessed value. About $2,773 goes to the City, $3,771 to the Region of Peel and $1,071 to education. Mississauga’s 2026 budget added $377.37 to a home assessed at $700,000.
When is Mississauga property tax due in 2027?
The exact 2027 dates are printed on your bill and set by Council. In 2026, the interim instalments were due March 5, April 2 and May 7, and the final instalments July 2, August 6 and September 3. Expect a similar pattern in 2027, with interim bills mailed in early February.
How much did Mississauga property taxes go up in 2026?
The total residential increase in Mississauga was 5.21% in 2026. That combined the City’s 1.61% share and the Region of Peel’s 3.60% share. It added about $53.91 per $100,000 of assessed value. The City said that increase was four percentage points lower than the 2025 increase.
Will Mississauga property taxes go up in 2027?
Probably, but the amount is not set yet. As of early November 2026, no 2027 budget had been adopted for Mississauga or Peel. As an illustration only, a 3% increase would add about $229 and a 5% increase about $381 to the 2026 tax of $7,615 on a $700,000 assessment.
What is the late payment penalty for Mississauga property tax?
Mississauga adds 1.25% of the overdue instalment the day after the due date, then another 1.25% of any unpaid amount on the first day of each following month. The City says Council and staff cannot waive these charges, and not receiving a bill does not excuse late payment.
Is Mississauga property tax higher than Brampton?
No, Mississauga’s rate is lower. In 2026 the residential rate was 1.087901% in Mississauga and 1.253381% in Brampton, according to the Region of Peel. On a $700,000 assessment that is about $7,615 in Mississauga and $8,774 in Brampton. Caledon was lowest in Peel at 0.982207%.
Are Mississauga property assessments still based on 2016 values?
Yes. The City of Mississauga says assessments are still based on January 1, 2016 values because the Province paused the 2020 reassessment and has not announced a new timeline. Your assessed value is likely lower than today’s market value, so you cannot estimate your tax from a recent sale price.
Can I pay Mississauga property tax monthly?
Yes, through the City’s pre-authorized tax payment plan. The monthly option takes six withdrawals for the interim bill, January to June, and six for the final bill, July to December, on the 1st, 8th, 15th or 22nd. You must have no overdue taxes to enrol, and new owners must apply again.
Sources
- City of Mississauga: 2026 Tax Ratios and Rates By-law 0061-2026
- Region of Peel: Total 2026 tax rates (Caledon, Brampton, Mississauga)
- City of Mississauga: Mississauga’s 2026 budget adopted (January 28, 2026)
- City of Mississauga: Interim and final tax bills
- City of Mississauga: 2026 Tax Collection of Final Levies By-law 0062-2026
- City of Mississauga: Tax Collection of Interim Taxes 2026 By-law 0166-2025
- City of Mississauga: Property assessment values and taxes
- City of Mississauga: Tax fees and charges
Related reading
- Average Property Tax in Toronto for 2027: Per Year, Per Month, by Home Value
- Toronto Property Tax Due Dates and Payment Options Explained
- GTA Property Tax Rates Compared: Toronto, Mississauga, Brampton, Vaughan and More
- Property Tax on Vacant Land in Ontario: How It Works
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.