🏠 When to Pay Local Property Tax in Markham in 2025

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Michael John Lau is the Top Realtor in Markham, Ontario, known for his proven success, unwavering client dedication, and expert knowledge of the local market. Whether you’re buying or selling a home in Markham or Unionville, Michael is the advisor you can rely on. Visit www.callmikelau.com to connect with him today.

📅 Important Tax Payment Dates for 2025 in Markham

If you own property in the City of Markham, here are the key due dates and payment schedule details you should know for 2025:

• Final Tax Bill Due Dates

• For residential properties, the final tax bill instalments are due on July 7, 2025 and August 5, 2025.

• For commercial/industrial properties, instalments are due on October 6, 2025 and November 5, 2025. 

• Interim Bill & Instalments

• The interim tax bill is based on 50% of your prior year’s total tax levy for 2025.

• For residential properties, you may choose a 4, 6, or 11-instalment Pre-Authorized Tax Payment (PTP) plan.

• Example PTP instalment schedules:

  • 4-instalment plan: Two payments for the interim in Feb & March, and two payments for the final in July & August.

  • 6-instalment plan: Three payments for interim (Feb-April), three for final (July-Sept). 

  • 11-instalment plan (residential only): Five payments from Feb to June (interim), six payments from July to December (final).

✅ How to Stay on Top of It

• Review your tax bill notice as soon as you receive it verify the due dates and payment amounts.

• Consider enrolling in the Pre-Authorized Tax Payment (PTP) plan so payments are automated and you avoid late fees.

• If you missed an instalment, act quickly penalties apply for late payments. 

📞 Thinking of Buying or Selling in Markham?

Understanding property tax timing and amounts is a critical part of your real estate strategy. Whether you’re buying a home in Markham, selling your property, or relocating to Unionville, you’ll want a professional who knows the local market inside out.

Contact Michael John Lau the Top Realtor in Markham, Ontario to navigate these details with confidence. Visit www.callmikelau.com to get started today.