Later this summer the City of Corner Brook will have its first roundabout. Located on Confederation Drive, this will be the first intersection of its...
The 2023 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.
For a fully serviced property (water and sewer), the property tax mill rate is 8.25 mils, plus $600 residential for water and sewer. The amount charged for the water and sewer includes a $100 sewer levy.
For a partially serviced property (water only), the property tax mill rate is 5.25 mils, plus a $390 basic charge per unit.
For an un-serviced property (no water or sewer), the property tax mill rate is 5.0 mils.
For a metered property, the property tax mill rate is 6.0 mils, plus the meter rates.
For a non-taxable – Water and Sewer Rates only – 6.5 mils plus $660 basic charge per unit which includes a $100 sewer levy.
For a residential trailer, the property tax mill rate is 5.75 mils.
Example of a property tax calculation:
Assume: Property’s assessed value is $100,000 and is fully serviced.
Mill rate is 8.25.
The property tax calculation is:
$100,000 x 8.25= $825
In addition to $825, there is a $600 charge for water and sewer.
The total amount of taxes charged for this property would be:
$825 (property tax)
+$600 (water and sewer charge)
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.