What is the tax rate? When are taxes due? How is property assessed?
In the Village of Point Edward, Ontario, property tax & assessment rules are set by By-law 13 of 2025 - Levy Taxes for the Year 2025 and 1 other bylaw, verified 2026-10-23. Due dates: July 2, 2025 and October 1, 2025. Penalty interest: 1.25 percent per month or fraction thereof, being 15 percent per annum.
By-law 13 of 2025 - Levy Taxes for the Year 2025
adopted bylaw
tax rate
Residential RT: 0.00773424; Multi-Residential MT: 0.01546848; Multi-Residential New Construction NT: 0.00773424; Commercial - Occupied CT: 0.01258439; Commercial - General CM: 0.01258439; Commercial - Excess Land CU: 0.00880907; Commercial - Vacant Land CX: 0.00843930; Parking Lots & Vacant Land GT: 0.00843930; Office Building-Occupied DT: 0.01187823; Office Building-Vacant DU: 0.00831476; Industrial - Occupied: 0.01583641; Industrial - Excess Land IU: 0.01029367; Industrial - Vacant Lands IX: 0.01029367; Pipelines PT: 0.01038210
the following tax rates
due dates
July 2, 2025 and October 1, 2025
July 2, 2025 and October 1, 2025
penalty interest
1.25 percent per month or fraction thereof, being 15 percent per annum
1.25 percent per month or fraction thereof
scout note
Village of Point Edward 2025 final tax levy: rates per class for general (lower-tier) purposes plus Lambton County and education rates. Final instalments due July 2 and October 1, 2025; penalty provisions.
By-law 5 of 2025 - Interim Tax Levies for 2025
adopted bylaw
tax rate
Residential, Pipeline, Farmland and Managed Forest: percentage prescribed by the Minister under s.317(3)(1) or 33.3% if no percentage is prescribed; Multi-Residential, Commercial and Industrial: percentage prescribed by the Minister under s.317(2)(1) or 33.3% if no percentage is prescribed, of total taxes for municipal, county and school purposes levied in 2024.
1.1(a)-(b); 1.2(c)-(d)
due dates
March 3, 2025
due on March 3, 2025
penalty interest
one and one-quarter percent (1 1/4%) of the amount in default on the first day of each calendar month during which the default continues, but not after the end of 2025.
penalty shall be one and one-quarter percent (1 1/4%)
scout note
2025 interim levy (33.3% of prior-year taxes) due March 3, 2025; late-payment penalty 1.25% on first day of each month of default.