What is the tax rate? When are taxes due? How is property assessed?

Property tax & assessment — New Tecumseth, Ontario: Property Taxes — 2026 rates and due dates (New Tecumseth)

In the Town of New Tecumseth, Ontario, property tax & assessment rules are set by Property Taxes — 2026 rates and due dates (New Tecumseth), verified 2026-10-19. Penalty interest: 1.25% of the outstanding property tax balance the first day of each month; no compound interest.

Property Taxes — 2026 rates and due dates (New Tecumseth) adopted bylaw

tax rate	Residential: 1.109984%, Multi-Residential: 1.109984%, Commercial Occupied: 2.049720%, Commercial Vacant: 2.049720%, Industrial Occupied: 2.021202%, Industrial Vacant: 2.021202%, Farmland: 0.277496%	"The 2026 tax rates were passed by Council on May 11th, 2026"
due dates	Interim: 1st instalment last business day of February, 2nd instalment last business day of April. Residential/Farmland Final: 1st instalment last business day of June, 2nd instalment second last business day of September. Commercial/Industrial/Multi-Residential Final: 1st instalment last business day of August, 2nd instalment last business day of October.	"The due dates for all Interim bills are" / "first installment being due the last business day in June"
penalty interest	1.25% of the outstanding property tax balance the first day of each month; no compound interest.	"A penalty of 1.25% of the outstanding property tax balance will accumulate on your tax roll the first day of each month"

scout note

2026 rates passed May 11, 2026 (residential 1.109984%); interim instalments end of Feb and Apr; final residential June and September; commercial/industrial Aug and Oct.