Lake of The Woods property tax rate 2025
Township, single-tier municipality · population 322 · 679 households
Last updated October 30, 2026; data vintage 2025 (Financial Information Return) and 2021 (Census). How these numbers are made.
In 2025, Lake of The Woods collected $769,468 in residential property taxes on $112,004,163 of taxable residential assessment. That works out to an effective rate of 0.687%, 0.670 points below the Ontario median of 1.357% for 2024. Among the 391 lower- and single-tier municipalities that filed for 2024, Lake of The Woods ranks 5th lowest. The 2025 figure is from a return filed ahead of most municipalities, so the provincial ranking still uses 2024.
Where the tax goes
| Municipal (Lake of The Woods) | 0.534% | 78% of the bill |
|---|---|---|
| Education (Province of Ontario) | 0.153% | 22% |
| Total residential rate | 0.687% | 100% |
Municipal Regional / county Education
Understanding your Lake of The Woods tax bill
Who sends the bill
Lake of The Woods is a single-tier township: no county or regional government sits between it and the province, so Lake of The Woods's council set the whole municipal levy of 0.534%, 78% of the 2025 rate, and the provincial education levy of 0.153% made up the other 22%. Lake of The Woods's single municipal levy therefore funds services that are split between two governments in most of southern Ontario: policing, paramedics, social services, roads, water and wastewater, fire, parks and libraries.
How the rate compares
Among the 391 Ontario municipalities ranked for 2024, Lake of The Woods's 0.687% is the 5th lowest, with about 99% of municipalities charging more. That is 0.670 points below the provincial median of 1.357%, or about $3,350 a year less on a $500,000 assessment. Against municipalities of similar population such as Killarney, James and Chamberlain, Lake of The Woods's rate is the lowest of the group, which runs from 1.046% in Killarney to 1.541% in Joly.
What moved the rate
From 2016 to 2025 Lake of The Woods's residential rate fell 0.026 points, from 0.713% to 0.687%, while residential taxes collected grew 18% and the taxable residential assessment base grew 22%. A falling rate beside a rising levy means the base grew faster than the budget: the extra 18% came mostly from new construction and the 2017 to 2020 phase-in of 2016 values, not from higher rates on existing homes.
Assessed value is a 2016 number
Ontario has not updated assessments since the 2016 valuation date, so the value behind Lake of The Woods's 0.687% is a 2016 figure, not today's price. The 2025 return works out to about $165,000 of taxable residential assessment per household in Lake of The Woods, roughly $1,134 a year at 0.687%; a recent purchase price will usually be well above that assessed figure. Buying a home in Lake of The Woods does not reset its assessment; MPAC changes it only for new construction, renovations, or a successful reconsideration or appeal.
Instalments
Lake of The Woods's 2025 return lists 1 final residential instalment and leaves the rest of the schedule blank, so check the municipal website for the full calendar.
Commercial versus residential
Commercial property in Lake of The Woods paid 1.830% in 2025, 2.66 times the residential rate; part of the gap is the provincial business education tax, which is set higher than the residential education rate. Commercial and industrial property made up 3.6% of Lake of The Woods's taxable assessment but paid 8.6% of all property taxes levied, so business carries a share of the levy well beyond its share of the base.
Every figure in this section is taken from Lake of The Woods's Financial Information Returns and the 2021 Census and is checked against the source data when the page is built; the wording follows fixed rules rather than opinion. Service descriptions are general to Ontario municipalities of this type and may differ in detail here.
Estimate your Lake of The Woods property tax
| Assessed value | Municipal | Education | Total |
|---|---|---|---|
| $500,000 | $2,670 | $765 | $3,435 |
| $750,000 | $4,005 | $1,147 | $5,152 |
| $1,000,000 | $5,340 | $1,530 | $6,870 |
Use the MPAC assessed value from your assessment notice, not the market value (see why). Estimates exclude local improvement charges, business improvement area levies and any rebates.
Rate trend 2016–2025
Lake of The Woods's residential rate fell from 0.713% in 2016 to 0.687% in 2025; the section above separates rate changes from assessment growth.
Year-by-year table
| Year | Residential rate | Municipal | Region / county | Education | Residential taxes levied |
|---|---|---|---|---|---|
| 2016 | 0.713% | 0.525% | 0.000% | 0.188% | $652,797 |
| 2017 | 0.623% | 0.467% | 0.000% | 0.156% | $676,483 |
| 2018 | 0.647% | 0.490% | 0.000% | 0.156% | $710,738 |
| 2019 | 0.667% | 0.512% | 0.000% | 0.154% | $724,925 |
| 2020 | 0.687% | 0.534% | 0.000% | 0.153% | $744,826 |
| 2021 | 0.687% | 0.534% | 0.000% | 0.153% | $749,042 |
| 2022 | 0.687% | 0.534% | 0.000% | 0.153% | $753,948 |
| 2023 | 0.687% | 0.534% | 0.000% | 0.153% | $760,820 |
| 2024 | 0.687% | 0.534% | 0.000% | 0.153% | $765,088 |
| 2025 | 0.687% | 0.534% | 0.000% | 0.153% | $769,468 |
Instalments and due dates (2025)
Lake of The Woods reported 1 residential instalments in 2025, with due dates including July 25, 2025. Dates shift each year; check the municipal website for the current schedule.
All property classes, 2025
| Property class | Effective rate | Taxable assessment | Taxes levied |
|---|---|---|---|
| Residential | 0.687% | $112,004,163 | $769,468 |
| Farmland | 0.172% | $2,924,100 | $5,022 |
| Commercial | 1.830% | $4,339,737 | $79,428 |
| Other classes | 0.943% | $12,300 | $116 |
Commercial and industrial rates include the provincial business education tax. Rates for small classes can swing year to year because a few properties dominate them.
Similar-sized municipalities (2024)
| Municipality | Residential rate | Tax on $750,000 | Ontario rank |
|---|---|---|---|
| Lake of The Woods | 0.687% | $5,153 | 5 |
| Casey | 1.390% | $10,423 | 213 |
| Chamberlain | 1.360% | $10,198 | 197 |
| James | 1.254% | $9,407 | 138 |
| Joly | 1.541% | $11,560 | 267 |
| Kerns | 1.374% | $10,305 | 203 |
| Killarney | 1.046% | $7,843 | 60 |
Who lives here
From the 2021 Census of Population (Statistics Canada). Counts are randomly rounded to a multiple of 5 by Statistics Canada, so small differences between totals are normal.
Residents by age group
Under 15 15 to 64 65 and over
Lake of The Woods had 308 residents in the 2021 Census, up 33.9% from 230 in 2016. The median age was 59.2, older than Ontario's 41.6; 9.7% of residents were under 15 and 33.9% were 65 or older. Median household income in 2020 was $75,000, below the Ontario median of $91,000. Immigrants made up 17.1% of the population (Ontario: 30.0%), and 0.0% of residents had arrived between 2016 and 2021. After English, the most common mother tongues were Ojibway, n.o.s. (3.2%), French (1.6%) and Norwegian (1.6%).
| Private dwellings occupied by usual residents | 140 |
|---|---|
| Average household size | 2.2 persons |
| Age 0 to 14 · 15 to 64 · 65 and over | 9.7% · 54.8% · 33.9% |
| Immigrants (share of population) | 17.1% · arrived 2016–2021: 0.0% |
| Visible minority population | 0.0% · Chinese 0.0% |
| Most common mother tongues | English 91.9% · Ojibway, n.o.s. 3.2% · French 1.6% · Norwegian 1.6% · Spanish 1.6% |
| Commuting | Car, truck or van 84.6% · public transit 0.0% · average one-way commute 33 min |
Adapted from Statistics Canada, Census Profile, 2021 Census of Population (data tables 98-10-0002, 98-10-0022, 98-10-0041, 98-10-0057, 98-10-0173, 98-10-0240, 98-10-0257, 98-10-0479, 98-10-0622), reference date 2021. Extracted 2026-10-30. This does not constitute an endorsement by Statistics Canada of this product. Suppressed values are left blank, never estimated.
Questions about Lake of The Woods property taxes
- How much is property tax on a $600,000 home in Lake of The Woods?
- At Lake of The Woods's 2025 residential rate of 0.687%, a home assessed at $600,000 pays about $4,122 a year, using MPAC's 2016-based assessed value rather than the purchase price. Roughly $3,204 of that is Lake of The Woods's municipal levy and $918 is the provincial education levy.
- Is property tax higher in Lake of The Woods or Killarney?
- Killarney's rate is higher: in 2024 it charged 1.046% against Lake of The Woods's 0.687%, a gap of 0.359 points or about $2,690 a year on a $750,000 assessment.
- When are Lake of The Woods property taxes due?
- For 2025, Lake of The Woods reported 1 residential instalments with due dates on July 25, 2025; dates shift each year, so confirm the current schedule with the township before paying.
- Why did Lake of The Woods's tax rate barely change in 2025?
- The residential rate moved -0.000 points from 2024 to 2025 while residential taxes collected went up 0.6%. When the levy rises but the rate falls, the assessment base grew faster than the budget, usually through new construction; existing owners in Lake of The Woods still paid more if their own assessment rose.
- Does Lake of The Woods pay a county or regional tax?
- No. Lake of The Woods is a single-tier municipality, so its own council levied 78% of the 2025 residential rate and the Province of Ontario's education rate made up the other 22%.
About these numbers
- What is an effective tax rate?
- Total property taxes billed to a class divided by that class's taxable assessment. It is the average rate actually paid, so it can differ slightly from the rate printed in the municipal by-law when a municipality applies different rates to subclasses, phase-ins or special area levies.
- Why is my bill different?
- Your bill depends on your own assessed value, any special area charges, capping or phase-in adjustments and local improvement charges. Use the rate here to compare municipalities, and your assessment notice to estimate your own bill.
- Where does the data come from?
- Every Ontario municipality files an audited Financial Information Return with the Ministry of Municipal Affairs and Housing. These pages use Schedule 26A, "Taxation and Payments-in-Lieu Summary", for 2016 through 2025. Lake of The Woods's latest return was updated 2026-05-18, and this page was last rebuilt from the data on October 30, 2026. See the methodology.