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Mortgage rates for Three Rivers homeowners
Mill rates are one line on the Three Rivers housing bill. Compare current Canadian mortgage options from multiple lenders.
Three Rivers property taxes 2026
Prince Edward Island · Municipal mill rates · provincial open data and municipal tax bylaws
By OpenStats · Built from official Canadian sources
Atlas seed row (verify live source)10.56millsAbove average
~$4,752/yr on $450,000 assessed home
012.20National avg9.94
Residential mill rate
10.56
mills · $4,752/yr municipal on $450K
Est. annual tax
$6,354
Municipal + education on $450,000 home
Vs provincial avg
—
Provincial comparison unavailable
Reading this page
Three Rivers's 2026 residential mill rate is 10.5600 mills, plus an education levy of 3.5600 mills. That combination works out to roughly $6,354 per year on a $450,000 assessed home.
The commercial mill rate is 14.7840 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
Three Rivers's residential mill rate of 10.56 mills on a $450,000 assessed home yields roughly $4,752 per year in municipal tax before education levies.
Rate vs provincial average
How Three Rivers compares to other Prince Edward Island municipalities
Three Rivers10.559999999999999 mills
Tax estimate on median home
Based on a $450,000 assessed value
Annual breakdown
- Municipal portion
- $4,752
- Education levy
- $1,602
- Commercial mill rate
- 14.78 mills
- Estimated total
- $6,354/yr
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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.