Paradise Property Tax Rate 2026
The residential rate, the taxes that add up to it, and a calculator for your home
Paradise's 2026 residential property tax rate is 0.7400% of assessed value, the same as in 2025. A home assessed at $500,000 pays about $3,700 a year, and one at $1,000,000 about $7,400. It is the lowest of the 6 Newfoundland and Labrador cities and towns we cover; their median rate is 0.7850%.
Paradise property tax calculator
The value on your assessment notice. Not assessed yet? The price is a rough guide.
The tax is the assessed value times Paradise's 2026 rate of 0.7400%. Flat charges on the same bill, such as water or garbage fees, are not included.
Property tax in 2026
$3,700/yr
$308 a month
At the 2025 rate (0.7400%), the same value paid $3,700: the same than in 2026.
How the rate adds up
In Paradise, the whole 0.7400% rate is one tax on the home's assessed value.
| Tax | Rate | Tax per year on $500,000 |
|---|---|---|
| Municipal | 0.7400% | $3,700 |
| Total in 2026 | 0.7400% | $3,700 |
| Total in 2025 | 0.7400% | $3,700 |
Water and sewer are billed as a flat $625 a year per home on top.
Property tax at different home values
| Assessed value | Tax per year | Tax per month |
|---|---|---|
| $400,000 | $2,960 | $247 |
| $600,000 | $4,440 | $370 |
| $800,000 | $5,920 | $493 |
| $1,000,000 | $7,400 | $617 |
| $1,500,000 | $11,100 | $925 |
| $2,000,000 | $14,800 | $1,233 |
Newfoundland and Labrador cities and towns compared
| Paradise | 0.7400% | 0.7400% | 0% | $3,700 |
| Conception Bay South | 0.7600% | 0.7600% | 0% | $3,800 |
| Mount Pearl | 0.7700% | 0.7700% | 0% | $3,850 |
| Corner Brook | 0.8000% | 0.8000% | 0% | $4,000 |
| St. John's | 0.9100% | 0.9100% | 0% | $4,550 |
| Grand Falls-Windsor | 0.9150% | 0.9500% | -3.7% | $4,575 |
How homes are assessed in Newfoundland and Labrador, with the same table, is on the Newfoundland and Labrador property tax rates page.
Paradise Property Tax: Quick Answers
What is the property tax rate in Paradise?
In 2026, it is 0.7400% of a home's assessed value. Water and sewer are billed as a flat $625 a year per home on top.
How much is property tax on a house in Paradise?
About $3,700 a year on a home assessed at $500,000, $5,550 at $750,000 and $7,400 at $1,000,000.
How is property tax calculated in Paradise?
The tax is the home's assessed value times the rate: $500,000 × 0.7400% = $3,700. Newfoundland and Labrador has no provincial property tax. St. John's reassesses homes every two years: 2026 and 2027 bills use values as of January 1, 2024.
Did property tax go up in Paradise in 2026?
The rate did not change: it is 0.7400%, as in 2025. A bill also changes with the home's assessment.
Work out your own numbers
- Property tax estimator: the tax on your home's assessed value
- Annual cost of ownership calculator: property tax with insurance, utilities and upkeep
- Understanding property taxes before you buy
- Income needed to buy a home in each city, with property tax in the monthly cost
Other provinces
Source: Paradise, 2026 tax rates; 2025 tax rates. Rates are for a residential home and include the school or education tax; flat fees on the same bill are not included.
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