(AGENPARL) – Tue 13 May 2025 City of Toronto Media Relations has issued the following:
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News Release
May 13, 2025
City of Toronto issues 2025 final property tax bills
The City of Toronto has started issuing the 2025 final property tax bills, the second of two tax bills sent to property owners annually. Property taxes help to fund more than 150 City services that make life more affordable, get Toronto moving, keep people safe and provide community services.
Property taxes help to support the City’s $18.8 billion operating budget, investing in affordability, transportation, safety and community services. They also support the City’s $59.6 billion 10-year capital budget and plan – the largest in the City’s history – which prioritizes state-of-good-repair projects and climate action.
Property owners who are not signed up for pre-authorized payment must make their final bill payments by Wednesday, July 2, Friday, August 1 and Tuesday, September 2.
For property owners in the Pre-Authorized Tax Payment program, due dates depend on the chosen installment plan. Automatic deductions for the 2025 final tax bill will be made from their bank account, credit card or debit card on the following dates:
• Two-instalment plan: The final tax bill payment is due on Wednesday, July 2.
o The first installment for the interim tax bill was due on March 3.
• Six-instalment plan: The final tax bill is paid in three installments on Wednesday, July 2, Friday, August 1 and Tuesday, September 2.
o The first three installments for the interim tax bill were due on Monday, March 3, Tuesday, April 1 and Thursday, May 1.
• 11-instalment plan: The final tax bill is paid over six installments on Tuesday, July 15, Friday, August 15, Monday, September 15, Wednesday, October 15, Monday November 17 and Monday, December 15.
o The first five installments for the interim tax bill were due on Tuesday, February 18, Monday, March 17, Tuesday, April 15, Thursday, May 15 and Monday, June 16.
Property owners have several payment options to choose from including:
• Online banking through banks or financial institutions
• Telephone banking
• In-person at a bank teller or ATM
• Enrolling in the Pre-authorized Tax Payment program