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RTC/Q
Property Assessment Class
Town Rate
Region Rate
School Rate
Total Rate
RT
Residential: Full Taxable
0.373633%
0.392412%
0.153000%
0.919045%
RH
Residential Taxable: Full, Shared School
0.373633%
0.392412%
0.153000%
0.919045%
MT
Multi-Residential: Full Taxable
0.373633%
0.392412%
0.153000%
0.919045%
NT
New Multi-Residential: Full Taxable
0.373633%
0.392412%
0.153000%
0.919045%
NT1
New Multi-Residential: (Municipal Reduction) subclass
0.242862%
0.255068%
0.153000%
0.650930%
MT2/NT2 New Multi-Residential: (Afforable Rental) subclass
0.373633%
0.392412%
0.153000%
0.919045%
CT
Commercial: Full Taxable
0.497717%
0.522732%
0.880000%
1.900449%
CU
Commercial: Excess Land
0.497717%
0.522732%
0.880000%
1.900449%
CH
Commercial: Full Taxable, Shared School
0.497717%
0.522732%
0.896686%
1.917135%
CK
Commercial: Excess Land, Shared School
0.497717%
0.522732%
0.896686%
1.917135%
DT
Commercial: Full Taxable
0.497717%
0.522732%
0.880000%
1.900449%
DU
Commercial: Excess Land
0.497717%
0.522732%
0.880000%
1.900449%
GT
Commercial: Full Taxable
0.497717%
0.522732%
0.880000%
1.900449%
CX
Commercial: Vacant Land
0.497717%
0.522732%
0.880000%
1.900449%
ST
Commercial: Full Taxable
0.497717%
0.522732%
0.880000%
1.900449%
SU
Commercial: Excess Land
0.497717%
0.522732%
0.880000%
1.900449%
IT
Industrial: Full Taxable
0.613954%
0.644811%
0.880000%
2.138765%
IU
Industrial: Excess Land
0.613954%
0.644811%
0.880000%
2.138765%
IH
Industrial Taxable: Full, Shared Payment in Lieu
0.613954%
0.644811%
0.980000%
2.238765%
IK
Industrial Taxable: Excess Land, Shared Payment in Lieu
0.613954%
0.644811%
0.980000%
2.238765%
IX
Industrial: Vacant Land
0.613954%
0.644811%
0.880000%
2.138765%
LT
Industrial: Full Taxable
0.613954%
0.644811%
0.880000%
2.138765%
PT
Pipeline: Full Taxable
0.343369%
0.360627%
0.880000%
1.583996%
FT
Farmland: Full Taxable
0.093408%
0.098103%
0.038250%
0.229761%
Schedule "A"
Corporation of the Town of Newmarket
2026 Schedule of Tax Rates for Taxable Property