Taxes and Fees
All property assessments are completed by the Department of the Provincial treasury and are used both by the Province and the Municipality to determine property taxes at the legislated rates.
Note: All rates are expressed as the number of dollars per $100 of assessment.
Provincial Tax Rate
Residential rate is $1.50 per $100 with a credit of .50 per $100 for PEI – resident- owned properties resulting in a net rate of $1.00 per $100
Commercial rate is $1.50 per $100
Municipal Tax Rates
Residential rate is 0.57 per $100
Commercial rate is $1.00 per $100
Sewer rate is $180 per unit, charged quarterly. Normally, a single family dwelling is 1 unit.
Water rate is $320 per unit, charged quarterly.
Quarterly Billing: January-April-July-October