What is City of Toronto?

City of Toronto bills average around $347/month for a typical household. Toronto issues two tax bills a year (interim and final) with instalment schedules of 2, 6 or 11 payments; balances are checkable via the Property Tax Lookup tool.

How to Get Cash Back on Your City of Toronto Property Tax

1. Create your free Neobanc account: sign up at neobanc.com, takes about 2 minutes with instant verification.
2. Add City of Toronto as a payee: search "City of Toronto" in Bills. Banks and Neobanc list it as RBC & TD: 'City of Toronto Property Taxes' · BMO: 'Toronto, City of, Property Taxes' · CIBC & Scotiabank: 'Toronto (City of) Property Tax' · National Bank: 'City of Toronto Taxes'.
3. Enter your roll number: 21-digit assessment roll number, entered exactly as shown on your bill, see below for exactly where to find it.
4. Pay with your preferred credit card: one-time or recurring. Your card earns its normal rewards; Neobanc adds cash back on top.
5. Earn cash back on every payment: cash back lands in your Neobanc balance. Withdraw it or put it toward next month's property tax.

Where to Find Your City of Toronto Roll Number

Format: 21-digit assessment roll number, entered exactly as shown on your bill. Printed on your interim/final property tax bill and property tax account statement; it is also the number you use to sign in to the City's online Property Tax Lookup tool

Verified against www.toronto.ca, July 2026.

Can I Pay City of Toronto With a Credit Card?

Yes, and it's the whole point. Most billers don't reward you for how you pay. Through Neobanc, your card earns its normal rewards and Neobanc adds 1% to 2% cash back on top. On a typical $347/month City of Toronto property tax, that's roughly $167 back per year between a 2% cash-back card and Neobanc, for the exact same property tax.

The Math on Your City of Toronto Property Tax

Average $347/month: a 2% cash-back card returns about $6.94/month, and Neobanc adds $3.47 to $6.94 on top, roughly $167 per year for switching how you pay, not what you pay.

How do I save the most on my City of Toronto property tax each month?

Change how you pay before what you pay. Paying by bank transfer or Pre-Authorized Tax Payment (PTP) program earns nothing; the same property tax through Neobanc with a cash-back card returns about $167 a year. Toronto adds a 1.25% penalty on the first day of default plus 1.25% interest on the first of each month while unpaid. A recurring Neobanc payment a few business days before the due date earns on every cycle and never runs late.