The Town of Halton Hills is located in the Regional Municipality of Halton and is home to over 62K residents. Halton Hills real estate prices have decreased by 7.2% from July 2022 to July 2023, and the average price of a house in Halton Hills is $1.11M. Single-family detached houses are by far the most commonly sold property type in the Halton Hills real estate market, accounting for approximately 75% of sales volume, followed by sales of townhouses and a few condominiums. Halton Hills‘ real estate market was the 15th most expensive market in the Greater Toronto Area by the average selling price of homes in July 2023. Halton Hills saw record-breaking price gains for single-family detached houses throughout the summer/fall of 2020 due to a low-interest rate environment and consumers prioritizing homes with larger lots and larger backyards, as many people are spending more time indoors due to the coronavirus pandemic. Halton Hills property tax rates fall in the lower spectrum of property tax rates of municipalities in Ontario.
Halton Hills property tax is based on the assessed value of your home. Every four years, the Municipal Assessment Corporation (MPAC) conducts an evaluation of properties all over Ontario and submits assessed values for each of them. This assessed value can differ significantly from the market value of your property. Your final property tax amount is calculated by multiplying the Halton Hills final property tax rate for the year by the MPAC property assessed value.
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