When buying a home in Edmonton, property taxes are often one of the least exciting—but most important—topics to understand. Whether you’re a first-time homebuyer or relocating from another province, knowing how property taxes work in Edmonton can help you budget accurately and avoid surprises.
As a local REALTOR®, I often get asked how property taxes are calculated and what buyers should expect. Let’s break it down in simple terms.
Property taxes are annual payments made to the City of Edmonton to fund essential services like:
Garbage & recycling collection
Police & fire services
Road maintenance and snow removal
Public transit and infrastructure
Parks, libraries, and recreational facilities
Every property owner in Edmonton pays these taxes, whether you own a home, condo, or commercial property.
The amount you pay in property taxes depends on two key factors:
Each year, the City of Edmonton assesses the market value of your property as of July 1st of the previous year. This is based on:
Location
Property size and lot size
Number of bedrooms/bathrooms
Age and condition of the home
Comparable sales in your area
➡️ You can look up your property’s assessed value at: myproperty.edmonton.ca
The City sets a mill rate (tax rate per $1,000 of assessed value) annually. This rate helps determine how much tax is owed per property. The total mill rate includes:
Municipal rate (City of Edmonton budget)
Provincial education tax
Other requisitions (e.g. seniors’ housing, school boards)
Let’s say your home is assessed at $450,000, and the current total mill rate is 8.5.
Calculation:
$450,000 ÷ 1,000 = 450
450 × 8.5 = $3,825/year in property taxes
Note: This is an estimate. Actual tax rates vary slightly year to year.
Annual property tax notices are sent out in May
Payment is due by June 30th
You can pay in full, or sign up for the Monthly Payment Plan (Monthly PAP)
📌 Tip: If you have a mortgage, your lender may collect property taxes on your behalf and pay them directly to the City.
✅ 2025 Assessment Notices were mailed in January
✅ Assessment reflects your property’s value as of July 1, 2024
✅ The average property assessment increased slightly this year due to higher sales activity and increased home prices
✅ The 2025 municipal budget includes a modest tax rate adjustment to account for infrastructure projects and inflation
👉 You have until March 2025 to file a complaint if you believe your assessment is incorrect.
Visit myproperty.edmonton.ca to:
View current and previous assessments
Compare with similar properties
File an appeal if needed (within 60 days of assessment notice)
If your home was recently purchased and your assessment seems inaccurate, I can help you gather comparable sales data to support your case.
Q: Are property taxes higher in Edmonton than other cities?
A: Edmonton’s taxes are mid-range compared to similar-sized cities. The good news is that our housing prices are more affordable, which helps balance things out.
Q: Do condos pay less in property tax?
A: Condos typically have a lower assessed value, so taxes are generally lower. However, you’ll also be paying condo fees.
Q: Can I get a property tax deferral or discount?
A: Seniors and low-income homeowners may be eligible for property tax assistance through provincial or municipal programs.
Understanding property taxes is a key part of making a smart, informed purchase. I’m here to help you break down total costs and plan for ongoing expenses beyond just the sale price.
Need help understanding your tax assessment or buying your next home? Let’s chat!
📞 Book your free consultation today