Magnetawan property tax rate 2025

Magnetawan in short

$5,020 a year on a $500,000 home: $4,255 to Magnetawan council and $765 to schools.
Up 0.15 points since 2019, or $763 a year more on a $500,000 home.
Rent $650 a month, home value $500,000 in the 2021 Census, against an Ontario middle of $980 and $400,000.

2025 is the newest year Magnetawan has filed. Every municipality on this site is compared at its newest filed rate: 283 have filed 2025, and the other 131 are at their newest year, mostly 2024.

Who sets the rate

Two bodies set Magnetawan's rate: Magnetawan council and the Province of Ontario, for schools. Magnetawan has no county above it, so there is no county or region portion: its own rate of 0.85% already pays for services that a county would run elsewhere. That is also why comparing Magnetawan's municipal rate directly against a township's understates what the township actually pays.

$4,255$765

Portion	Rate	On $500,000	Share
MunicipalMagnetawan council	0.85%	$4,255	85%
County or regionNone in Magnetawan	0.00%	$0	0%
EducationProvince of Ontario	0.15%	$765	15%
Total	1.00%	$5,020	100%

Each rate is rounded to two decimals, so the parts can add up to 0.01 off the total.

How the rate has changed, 2019–2025

Up every year since 2021. Since 2019 the total rate here has risen by 0.15 percentage points, from 0.85% to 1.00%. On a $500,000 home that is $763 a year more than in 2019.

20190.85%$4,257
20200.88%$4,385
20210.88%$4,385
20220.90%$4,483
20230.92%$4,616
20240.96%$4,818
2025^*1.00%$5,020

Total residential rate, with the tax on a $500,000 home underneath. *2025 is Magnetawan's own filing; 104 municipalities have not filed 2025 yet.

Each part of the rate, year by year

Over the same years the residential assessment base moved from $675M to $725M, and the residential levy collected went from $6M to $7M. A rate rising while the base also grows means the budget grew faster than property values; a rate falling while the base grows usually means the opposite. Assessment is the figure on the MPAC notice, still based on 2016 values province-wide.

Year	Municipal	County or region	Education	Total	Change	On $500,000
2019	0.69%	—	0.16%	0.85%	—	$4,257
2020	0.72%	—	0.15%	0.88%	+0.03 pts	$4,385
2021	0.72%	—	0.15%	0.88%	+0.00 pts	$4,385
2022	0.74%	—	0.15%	0.90%	+0.02 pts	$4,483
2023	0.77%	—	0.15%	0.92%	+0.03 pts	$4,616
2024	0.81%	—	0.15%	0.96%	+0.04 pts	$4,818
2025*	0.85%	—	0.15%	1.00%	+0.04 pts	$5,020

Why are Magnetawan property taxes so low?

Magnetawan's total rate of 1.00% is 0.39 percentage points below the provincial middle (1.40%), which is not the same as a small bill. The taxable value is large next to what the budget must cover — $724.8M of residential value funds $7.3M in levy here — so a lower percentage raises enough, and the dollar amount on an expensive house can still be high.

Home values

Homes here are assessed at $422,124 per household, 130% more than the middle ($183,474). Higher values let it raise the same money per household at a lower rate.

Spending

It spends $5,739 per household, 24% less than the middle ($7,558). It spends more on roads and bridges (+$1,327), social and family services (+$93) and snow and ice (+$18), and less on running the municipality (−$415) and police (−$119).

← Less than the middleMore than the middle →
Roads and bridges+$1,327
Social and family services+$93
Snow and ice+$18
Running the municipality−$415
Police−$119

What it costs to live in Magnetawan

Cost	Magnetawan	Ontario middle
Rent, per monthmedian, 2021	$650Lower than 95% of 354	$980
Home valueowners’ estimate, 2021	$500,000Higher than 60% of 412	$400,000
Property tax on a $500,000 assessment2025	$5,020Lower than 87% of 414	$6,992
Households spending 30% or more on housingshare of income, 2021	15.6%Higher than 53% of 400	15.0%
Household incomemedian, before tax, 2020	$67,000Lower than 88% of 405	$84,000

Ontario has no official cost-of-living index for single towns. Statistics Canada’s consumer price index covers only Toronto, Ottawa and Thunder Bay here, and it measures change over time, not the gap between places. These are the costs published for each municipality: what renters paid and owners estimated in the 2021 Census, not today’s asking rents or sale prices.

Places like Magnetawan

The 5 places closest to Magnetawan on total tax rate, assessment / household, spending per household, population, 5-year growth, people per household, among places with no county above them.

Place	Newest rate	On $500,000
Seguin	0.59%	$2,926
Carling	0.74%	$3,712
McKellar	0.78%	$3,903
McDougall	0.83%	$4,149
Armour	0.96%	$4,804
Magnetawan this page	1.00%	$5,020

Others in Parry Sound District

Municipalities that share Magnetawan's county or district. Rates compare most cleanly between places whose assessments sit at similar levels.

Municipality	Rate	On $500,000	vs Magnetawan
The Archipelago	0.41%	$2,051	−$2,970
Seguin	0.59%	$2,926	−$2,094
Whitestone2024 rate	0.72%	$3,614	−$1,406
Carling	0.74%	$3,712	−$1,308
McKellar	0.78%	$3,903	−$1,117
McDougall	0.83%	$4,149	−$872
Armour	0.96%	$4,804	−$217
Perry	0.97%	$4,839	−$182

All 414 Ontario municipalities in one table

More on Magnetawan

All 7 property classes, 2025

Residential is one of 7 classes Magnetawan reported this year. The tax ratio is the multiple applied to the residential rate: a ratio of 1.7 on multi-residential means an apartment building pays 1.7× what a house pays on the same assessed value.

Class	Tax ratio	Municipal	County or region	Education	Total
Multi-Residential	2	1.70%	—	0.15%	1.86%
Industrial	1.099934	0.94%	—	0.88%	1.82%
Commercial	1.150588	0.98%	—	0.71%	1.69%
Aggregate Extraction Property	0.895023	0.76%	—	0.51%	1.27%
Residential	1	0.85%	—	0.15%	1.00%
Farmland	0.25	0.21%	—	0.04%	0.25%
Managed Forest	0.25	0.21%	—	0.04%	0.25%

Sources and method

Tax rates and spending come from the Financial Information Return that Magnetawan files with the Province of Ontario; population, rents and home values from Statistics Canada.

Every source, the method and the limits

Tax rates: Ontario Financial Information Return (FIR), 22 GPL — Municipal and School Board Taxation. Ministry of Municipal Affairs and Housing, Municipal Act s.294(1). Years 2019, 2020, 2021, 2022, 2023, 2024, 2025; retrieved 2026-10-11. Download the file
Spending, households: Financial Information Return Schedule 40 (consolidated expenses by function) and Schedule 02 (households and population).
Population: Adapted from Statistics Canada, Table 17-10-0155-01, Population estimates, July 1, by census subdivision. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence.
Rent, home value, income: Adapted from Statistics Canada, Census Profile, 2021 Census of Population. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence. Rent is the median monthly shelter cost of renter households (rent plus any utilities they pay). The Ontario middle is the median across the municipalities with a published figure.
Method: Dollar figures are the rate times $500,000 of assessed value. Standing compares Magnetawan's 2025 total residential rate with all 414 Ontario municipalities: 358 of the other 413 charge more. The five colours split them into fifths.
Municipality ID: MunID 49041, MAH 86622
Limits: These are the figures Magnetawan filed with the province. An individual bill can include area-specific charges and local improvement levies that a municipality-wide rate does not capture. Reference, not tax advice.

Magnetawan property tax rate, 2025

Lower than 87% of the 414 Ontario municipalities