The 2024 tax rates for residents of the City of Corner Brook are as follows:
Property tax is based on the property’s assessed value, which is determined by the Municipal Assessment Agency. A mill rate is the amount charged per $1,000 of the assessed property value.
Fully Serviced
For a fully serviced property (water and sewer), the property tax mill rate is 8.00 mils, plus $650 residential for water and sewer. The amount charged for the water and sewer includes a $100 sewer levy.
Partially Serviced
For a partially serviced property (water only), the property tax mill rate is 5.25 mils, plus a $490 basic charge per unit.
Unserviced
For an un-serviced property (no water or sewer), the property tax mill rate is 5.0 mils.
Metered
For a metered property, the property tax mill rate is 6.0 mils, plus the meter rates.
Non-Taxable
For a non-taxable – Water and Sewer Rates only – 6.5 mils plus $690 basic charge per unit which includes a $100 sewer levy.
Trailer
For a residential trailer, the property tax mill rate is 5.75 mils.
Tax Calculation Example
Example of a property tax calculation:
Assume: Property’s assessed value is $100,000 and is fully serviced.
Mill rate is 8.00.
The property tax calculation is:
$100,000 x 8.00= $800
In addition to $800, there is a $650 charge for water and sewer.
The total amount of taxes charged for this property would be:
$800 (property tax)
+$650 (water and sewer charge)
$1,450
Note: the minimum amount of taxes payable on any property is $275.
For a more detailed listing of the City of Corner Brook tax rates, please click here.
