What is the tax rate? When are taxes due? How is property assessed?
In the Township of Prince, Ontario, property tax & assessment rules are set by By-law 2025-34 - Tax Collection Policy and 3 other bylaws, verified 2026-10-26. Penalty interest: 1.25% penalty on first day of default; 1.25% per month interest thereafter and in subsequent years; not compounded. Tax sale: Tax registration only for properties in second year of arrears; owner has one year from registration to redeem; sale is last resort.
Interim: 25th of February and 25th of May; Final: 25th of August and 25th of October; Supplementary: end of month if not less than 21 days from issue, or end of following month.
Standard Tax Billings; Supplementary Tax Billings
penalty interest
1.25% penalty on first day of default; 1.25% per month interest thereafter and in subsequent years; not compounded.
Penalty and Interest on Overdue Accounts
tax sale
Tax registration only for properties in second year of arrears; owner has one year from registration to redeem; sale is last resort.