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Mortgage rates for Collingwood homeowners
Mill rates are one line on the Collingwood housing bill. Compare current Canadian mortgage options from multiple lenders.
Collingwood property taxes 2024
Ontario · Municipal mill rates · provincial open data and municipal tax bylaws
By OpenStats · Built from official Canadian sources
Direct municipal data11.90millsAbove average
~$5,355/yr on $450,000 assessed home
016.30National avg9.94ON avg14.09
Residential mill rate
11.90
mills · $5,355/yr municipal on $450K
Est. annual tax
$6,044
Municipal + education on $450,000 home
YoY mill rate change
+0.9%
2023 → 2024
Reading this page
Collingwood's 2024 residential mill rate is 11.9000 mills, plus an education levy of 1.5300 mills. That combination works out to roughly $6,044 per year on a $450,000 assessed home.
The commercial mill rate is 21.4800 mills, and the residential rate is 16% below the Ontario average of 14.09 mills.
How to read this
One mill equals $1 of tax per $1,000 of assessed value. Rates are compiled from provincial open schedules and municipal tax bylaws, then normalized to mills where the source allows. Assessment systems differ (BC Assessment, Ontario MPAC phase-in, Alberta market value, Nova Scotia capped assessment), so cross-province rate rankings are not dollar rankings until bases align.
Start with the residential mill rate and the sample bill on a median assessed home, then ask whether education or regional levies sit on top. Municipal rate is the piece council sets; your notice may show a higher total. Compare cities on a similar assessed value, and keep class in mind (residential vs commercial or multi-residential).
Use the calculator for a rough personal estimate, then confirm the current tax bylaw and your assessment notice before budgeting or a purchase decision. Method detail: methodology.
Figure 1 · Assessment math
Mills to dollars on a median home
Collingwood's residential mill rate of 11.90 mills on a $450,000 assessed home yields roughly $5,355 per year in municipal tax before education levies.
Mill rate history
Year-over-year residential mill rates
202411.9 mills
202311.79 mills
202211.5 mills
202111.31 mills
202011.32 mills
201911.6 mills
201811.89 mills
201612.37 mills
Tax estimate on median home
Based on a $450,000 assessed value
Annual breakdown
- Municipal portion
- $5,355
- Education levy
- $689
- Commercial mill rate
- 21.48 mills
- Estimated total
- $6,044/yr
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Source · Ontario FIR Schedule 22 (2024). Last updated 2024. Refreshed on the site's automated schedule.