Explained: Property Tax Calculations for Condos vs. Detached Homes in Canada (2025 Update)

In 2025, owning a condo versus a detached home in Canada affects your property tax significantly. Condos typically have lower assessments due to shared land and amenities, but may also include separate maintenance fees. Detached homes sit on private lots and often attract higher municipal levies. This guide compares how both types are taxed and how the formulas differ. It helps you understand what’s included in your bill and what isn’t. Whether you're choosing between a condo downtown or a suburban house, knowing the tax implications will help guide your budget and long-term planning. Don’t just compare prices—compare taxes too.