TheHonestMaple
Active Member
Not exactly. It's based on assessed value. Hamilton's property tax rate is 1.327 of the assessed value of the home. Burlington's is 0.861442. So if the two properties were assessed to be the same value, then the tax would be $12,323 in Hamilton. Not double, but quite a lot more. If the same house was located in Toronto, with a rate of 0.666274, the tax would be $6,187.