City of Toronto Issues 2026 Interim Property Tax Bills

Interim property tax bills allow residents to begin making payments while Toronto City Council finalizes the 2026 Budget and approves property tax rates. The interim bill is based on 2025 property tax amounts and does not reflect any proposed 2026 tax increase. The final property tax bill, issued in May, will adjust for the approved 2026 rates and account for payments already made through interim instalments.

How Interim Property Taxes Work

Property taxes fund essential city services, including emergency response, public transit, road maintenance, snow clearing, parks, libraries and road safety programs.

The interim billing system ensures continuity of municipal services while Council considers the final budget. Once approved, the final tax bill will reflect the actual 2026 rates, minus interim payments already submitted.

Payment Deadlines and Instalment Options

Property owners not enrolled in pre-authorized payment plans must submit interim payments by:

• Monday, March 2

• Wednesday, April 1

• Friday, May 1

Final instalments based on approved 2026 rates are due on:

• Thursday, July 2

• Tuesday, August 4

• Tuesday, September 1

For residents enrolled in pre-authorized payment plans, the City offers multiple options:

Two-instalment plan

• March 2 (interim)

• July 2 (final)

Six-instalment plan

• March 2, April 1, May 1 (interim)

• July 2, August 4, September 1 (final)

11-instalment plan

• Interim payments begin February 17 and continue monthly through June 15

• Final payments run from July 15 to December 15

Payments can be made online, through financial institutions, by mail or in person at Toronto City Hall or civic centres.

Budget Approval Timeline

Toronto City Council will hold a special meeting on Tuesday, February 10 to consider the 2026 Budget, including the proposed property tax increase. The meeting will be livestreamed on the City of Toronto’s official YouTube channel.

Vacant Home Tax Reminder

Property tax notices also include information about Toronto’s Vacant Home Tax (VHT). All residential property owners are required to declare their property’s occupancy status by April 30, even if the home is their principal residence.

Declarations can be submitted:

• Online at toronto.ca/VacantHomeTax

• By phone via 311

• In person at a civic centre

Failure to declare may result in the property being deemed vacant and subject to taxation.

Relief Programs Available

The City continues to offer Property Tax & Utility Relief programs for eligible low-income seniors and residents with disabilities, including tax deferrals, cancellations and utility rebates. Applications must be submitted by October 31.

More information is available through the City’s Tax and Utility Inquiry Line (311) or at toronto.ca.

Residents who have not yet received their interim bill should expect delivery in the coming days and are encouraged to contact 311 if it does not arrive within a week.

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