Brampton Property Tax 2025: What Homebuyers Need to Know
If you’re thinking about buying a home in Brampton, now is the time to take advantage of its relatively low property tax rates. As of March 1st, 2025, Brampton continues to have one of the lowest property tax rates in the Greater Toronto Area (GTA), making it a top choice for families looking for affordable homeownership. Despite a recent increase outlined in the city’s 2025 budget, Brampton remains a cost-effective place to buy a home.
Brampton’s 2025 Property Tax Increase: What to Expect
While Brampton’s property tax rate is still one of the lowest in the GTA, homeowners will experience an 8.4% increase in their property tax bills for 2025. This includes a 2.9% rise in the city’s portion and a 5.5% increase from the Region of Peel. A major contributing factor to this rise is the Region of Peel’s budget, which includes a 23.3% increase in Peel Police funding.
For the average residential property in Brampton, this tax adjustment means an estimated annual increase of $321. Commercial and industrial property owners will see an average increase of $564 per year. Additionally, homeowners should expect a slight rise in utility costs, averaging about 17 cents per day. The final property tax bill for 2025 will be issued later in the year.
Why Brampton is Still a Good Choice for Families
Property taxes directly impact the overall cost of homeownership. Despite the recent increase, Brampton’s tax rate remains lower than many surrounding cities, allowing families to save money over time. Lower property taxes mean lower monthly housing expenses, making homeownership more attainable for first-time buyers and growing families.
Brampton’s Growth & Development: A City on the Rise
Beyond low property taxes, Brampton is a thriving city with expanding infrastructure, improved public transit, and increasing community amenities. The 2025 budget includes investments in healthcare, public transit, and recreational facilities, all of which contribute to Brampton’s appeal as a family-friendly city. These ongoing developments make Brampton an attractive place to settle down and build a future.
Why Now is the Best Time to Buy a Home in Brampton
With Brampton’s competitive property tax rates, continued urban growth, and increasing investment in city services, buying a home here is a smart move. If you’re looking for a place where your family can thrive while keeping homeownership costs manageable, Brampton should be at the top of your list.
📞 Contact me today to start your home search and find the perfect property in Brampton!
Mellinda Thaxter
📞 647-289-9765
📍 Century 21 Leading Edge Realty, Mississauga, ON
🌐 mellinda-thaxter.c21.ca
📧 mellinda.thaxter@century21.ca
🏡 Helping You Buy, Sell & Invest in Ontario Real Estate