What are property taxes and how do I know what mine will be? 

They are calculated using the Current Value Assessment of a property, as determined by the Municipal Property Assessment Corporation (MPAC), and multiplying it by the combined municipal and education tax rates for the applicable class of property.

Use these websites below to check out any property you may be interested in and you will see the current assessment, as well as the current property taxes that are to be paid annually, semi=annually, or monthly – you can choose this with the City when you set up your account after your home purchase.

Waterloo - https://webservice.waterloo.ca/PropertyTaxApp

Kitchener - https://www.kitchener.ca/Modules/Tax/PropertyTax.aspx