Cambridge Property Tax Rate 2026
The residential rate, what it is made of and what it costs on a home
Cambridge's 2026 residential property tax rate is 1.5122% of assessed value. A home assessed at $500,000 pays about $7,561 a year, and one at $1,000,000 about $15,122. At that rate, the average home in Cambridge, at $746,672 in August 2026, would pay about $11,291 a year. It is the 9th highest of the 35 Ontario cities on this site, where the median is 1.2721%.
What the rate is made of
| Part | Rate | On a $500,000 home |
|---|---|---|
| City of Cambridge | 0.5173% | $2,587 |
| Region of Waterloo | 0.8418% | $4,209 |
| Education (provincial) | 0.1530% | $765 |
| Total, 2026 | 1.5122% | $7,561 |
Property tax at different home values
| Assessed value | Tax a year | A month |
|---|---|---|
| $400,000 | $6,049 | $504 |
| $600,000 | $9,073 | $756 |
| $800,000 | $12,097 | $1,008 |
| $1,000,000 | $15,122 | $1,260 |
| $1,500,000 | $22,683 | $1,890 |
| $2,000,000 | $30,244 | $2,520 |
On a typical home in Cambridge
| Home | Price | Tax at the rate | A month |
|---|---|---|---|
| Average home | $746,672 | $11,291 | $941 |
| Single-family | $812,777 | $12,291 | $1,024 |
| Condo | $401,714 | $6,075 | $506 |
Prices from our Cambridge report for August 2026, taxed at the rate as if the price were the assessed value. Ontario still assesses homes at their value on January 1, 2016, so the bill on a home bought today is usually lower than the rate times the price. What buying one takes in all: cost to buy in Cambridge.
Ontario cities compared
| City | 2026 Rate | 2025 Rate | Change | Tax on $500,000 |
|---|---|---|---|---|
| Markham | 0.7229% | 0.7003% | +3.2% | $3,614 |
| Vaughan | 0.7492% | 0.7327% | +2.3% | $3,746 |
| Richmond Hill | 0.7601% | 0.7370% | +3.1% | $3,801 |
| Toronto | 0.7673% | 0.7541% | +1.8% | $3,837 |
| Oakville | 0.8510% | 0.8346% | +2% | $4,255 |
| Whitchurch-Stouffville | 0.8552% | 0.8296% | +3.1% | $4,276 |
| Milton | 0.8651% | 0.8260% | +4.7% | $4,326 |
| Aurora | 0.8740% | 0.8509% | +2.7% | $4,370 |
| Newmarket | 0.9190% | 0.8916% | +3.1% | $4,595 |
| Caledon | 0.9822% | 0.9354% | +5% | $4,911 |
| Halton Hills | 1.0040% | 0.9555% | +5.1% | $5,020 |
| Burlington | 1.0153% | 0.9716% | +4.5% | $5,076 |
| Mississauga | 1.0879% | 1.0339% | +5.2% | $5,440 |
| New Tecumseth | 1.1100% | 1.0800% | +2.8% | $5,550 |
| Georgina | 1.1911% | 1.1558% | +3.1% | $5,956 |
| Innisfil | 1.2396% | 1.1897% | +4.2% | $6,198 |
| Brampton | 1.2534% | 1.2006% | +4.4% | $6,267 |
| Ottawa | 1.2721% | 1.2271% | +3.7% | $6,361 |
| Pickering | 1.3373% | 1.2882% | +3.8% | $6,686 |
| Whitby | 1.3825% | 1.3322% | +3.8% | $6,912 |
| Ajax | 1.3887% | 1.3357% | +4% | $6,943 |
| Kitchener | 1.4060% | 1.3567% | +3.6% | $7,030 |
| Clarington | 1.4192% | 1.3650% | +4% | $7,096 |
| Waterloo | 1.4323% | 1.3655% | +4.9% | $7,161 |
| Barrie | 1.4675% | 1.4118% | +3.9% | $7,338 |
| Guelph | 1.4944% | 1.3977% | +6.9% | $7,472 |
| Cambridge | 1.5122% | n/a | n/a | $7,561 |
| Hamilton | 1.5572% | 1.4971% | +4% | $7,786 |
| Oshawa | 1.5753% | 1.5245% | +3.3% | $7,877 |
| Kingston | 1.6054% | 1.5518% | +3.5% | $8,027 |
| London | 1.7271% | 1.6764% | +3% | $8,636 |
| St. Catharines | 1.8422% | 1.7749% | +3.8% | $9,211 |
| Greater Sudbury | 1.9072% | 1.8263% | +4.4% | $9,536 |
| Thunder Bay | 1.9231% | 1.8563% | +3.6% | $9,616 |
| Windsor | 2.0965% | 2.0953% | +0.1% | $10,483 |
All of them, with how assessment works in Ontario, on the Ontario property tax rates page.
Cambridge Property Tax: Quick Answers
What is the property tax rate in Cambridge?
1.5122% of assessed value for a home in 2026. It is made up of City of Cambridge (0.5173%), Region of Waterloo (0.8418%) and education (0.1530%).
How much is property tax on a house in Cambridge?
About $7,561 a year on a home assessed at $500,000, $11,341 at $750,000 and $15,122 at $1,000,000. On the average home in Cambridge ($746,672), it is about $11,291.
How is property tax calculated in Cambridge?
The city multiplies the home's assessed value by the rate: $500,000 × 1.5122% = $7,561. Ontario still assesses homes at their value on January 1, 2016, so the bill on a home bought today is usually lower than the rate times the price.
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: Cambridge, 2026 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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