Property Taxes

The Town of Newmarket's primary funding source is property tax which is divided between the Town of Newmarket, York Region and the school boards. Property taxes enable the Town to provide the high quality of municipal programs and services that Newmarket residents are accustomed to. 

Property Tax Due Dates

The three instalments for the 2024 Interim Property Taxes will be due on:

  • February 26, 2024 
  • March 25, 2024
  • April 26, 2024 

Final property tax bills for residential and non-residential properties will be mailed out in June 2024. 

The final bill for your 2024 property taxes (residential and non-residential) will be mailed out in June and will be due in three instalments in July, August and September (with exact dates pending Council approval). 

 

New for this year! Non-residential and residential final property taxes will be due at the same time in three instalments in July, August and September. Previously, non-residential property taxes were due on different dates. This change was done to help improve consistency, equity and administrative efficiency. 

 

For your convenience, the Town offers a number of payment options for property taxes. Learn more by viewing our Property Tax Payment options webpage

Breakdown of where your taxes go

Chart showing where your property taxes go

The Town of Newmarket determines your property taxes by multiplying your current value assessment (determined by the MPAC) by the Town's tax rate, the Region of York's tax rate and the provincial education tax rate.

If you have questions about your property assessment please contact the Municipal Property Assessment Corporation (MPAC). 

Learn more about property taxes below: 


Obtaining a Statement of Account, Receipt, or Tax Bill ​​​​​​​

If you require a current Statement of Account, Receipt, or Tax Bill for your property, you may request to receive one electronically via email or standard mail. A Statement of Account may be required by your financial institution if you are renewing a mortgage or refinancing. Please note that ordering a Statement of Account, Receipt or Tax Bill is subject to a fee.

  • To receive your statement via email, please fill out this request form
  • To receive your statement by mail, please call 905-895-5193 from 8:30 a.m. to 4:30 p.m.

Obtaining a Property Tax Certificate

 If you are moving, your lawyer will require a Tax Certificate. Your lawyer may fill out a Tax Certificate Request Form to obtain this document. 

Supplementary/Omitted Tax Billings

Property Assessment Change Notices are issued for additional assessment (such as swimming pools, decks or other additions), new homes or property class changes. The property tax dollars associated with the changes are retroactive to the date of occupancy / purchase, or when the renovation or alterations were completed.

Please note the Municipal Property Assessment Corporation (MPAC) assesses your property for the additional assessment, a new home or a property class change which could take up to three years to occur.

The Town issues your supplementary/omitted tax bill(s) and payments are typically due in two instalments. Depending on the determined assessment, the additional property taxes may be in the thousands of dollars. The Town may be able to assist in preparation for the imminent supplementary/omitted tax bill(s) to minimize the impact of this bill. Please contact the Customer Service Department for additional information and assistance. 

Learn more about what contributes to property tax increases​

 

Municipal Property Assessment Corporation

  • Call: 1-866-296-(MPAC) 6722
  • 1-877-889-(MPAC) 6722 TTY
  • Fax: 1-866-297-6703
  • Web: www.mpac.ca
  • Write: P.O. Box 9808, Toronto, Ontario   M1S 5T9
  • Visit: 100 Via Renzo Dr. Suite 302, Richmond Hill, Ontario   L4S 0B8

Learn more about your property assessment at About my Property.      ​