eXp RealtyCalgary, AB700-1816 Crowchild Trail NW

Looking down on 9 Avenue in Inglewood, Calgary

Policy & taxesMarket News

Calgary sets 2025 property tax rates: a typical home pays $352 more

Photo: Greenwood714 / Wikimedia Commons, CC BY-SA 3.0

On March 18, 2025, Calgary City Council approved the 2025 property tax rates. The provincial budget was the last of three inputs needed, after the November budget adjustments and the January assessments.

2025 tax increase for a typical $697,000 home, per year

2025 tax increase for a typical $697,000 home, per yearBar chart of the 2025 property tax increase for a typical $697,000 home: municipal $134 a year, provincial $218 a year. Municipal – $134; Provincial – $218.Municipal$134Provincial$218

Chart: Berg Estate Team. Data: City of Calgary, March 18, 2025.

For a typical home

For a typical single-family home assessed at $697,000:

  • The municipal tax rises $134 a year, or $11 a month. The City said Calgary had the lowest property tax increase of all major Canadian cities in 2025.
  • The provincial tax rises $218 a year, or $18 a month.
  • Together, that is $352 a year more.

The provincial share

The provincial portion increased by $154 million in 2025, a 17.5% increase. In total, Calgary will remit over $1 billion in property tax to the province for education.

What it means for owners

More than half of this year’s increase for a typical home comes from the provincial education tax, not the City. Your bill depends on how your own assessment changed. Owners whose value rose faster than the typical 15% will see a larger increase.

Compared with last year

In January 2024, when the median single residential home was assessed at $610,000, the City estimated that the 2024 municipal tax for that home would rise by $15.47 a month. For 2025, the typical single-family home is assessed at $697,000, and the municipal increase is $11 a month. The provincial part is now the larger driver: $18 a month, after Alberta raised the residential education rate from $2.56 to $2.72 per $1,000 of equalized assessment.

How the three inputs fit together

The City needs three pieces to set the rates. The first was Council’s November decision on the adjusted 2023-2026 service plans and budgets, which invests in infrastructure, transit, public safety and housing. The second was the assessed value of all Calgary properties, mailed in January. The third was the provincial budget, which sets how much property tax goes to the province. The rates themselves are then calculated so that the total collected matches what is needed.

The provincial share

The provincial portion rose by $154 million, or 17.5%. The City said Calgary will remit over $1 billion to the province, the highest amount of any Alberta municipality classified as a city on a per capita basis. Alberta’s fact sheet put Calgary’s 2025 contribution at $1,037 million.

What it means for buyers and sellers

Buyers comparing homes should budget for the 2025 bill, not last year’s. A condo owner may see a different change from a house owner, since typical condo assessments rose 22% compared with 14% for single residential homes. Sellers can expect buyers to ask for the current tax amount, and should share the 2025 bill once it arrives.

Practical takeaways

Use the City’s estimate tool at calgary.ca/taxcalculator to see your own 2025 tax and where the money goes. Tax bills arrive the week of May 12, and payment is due by June 30. If you think your assessment is wrong, the Customer Review Period ends on March 21, so act quickly.

What the typical increase looks like

Together, the municipal and provincial changes add $352 a year, or about $29 a month, to the bill for a typical single-family home assessed at $697,000. The City stresses that property tax changes depend on the property type and value. A home whose assessment rose faster than the typical 15% will see a larger change, and one whose value rose more slowly will see a smaller one. The City said Calgary had the lowest property tax increase of all major Canadian cities in 2025.

Non-residential owners face a different picture, since typical non-residential values rose only 3% this year.

Subscribe

Get new articles by email

We will send you one email each time we publish a new article. No spam, and you can unsubscribe at any time.

← All news and videos

Related articles

Thinking of buying or selling in Calgary?

Call or text Tom & Valery at 587-888-2919 or email .