To calculate Ontario Senior Homeowners' Property Tax Grant you can use this calculator to estimate the amount.
As per CRA: The grant you receive depends on the property tax paid, your adjusted family net income, and your marital status. The maximum 2021 OSHPTG payment is the lesser of $500 and the eligible property tax paid by or for you for 2020.
After you have applied OSHPT, the grant will be calculated for you and, if you are entitled, payment will be issued. If you applied and are not entitled, in most cases, you will receive a notice explaining why.
For more information, please follow this CRA link: Ontario Senior Homeowners' Property Tax Grant (OSHPTG)
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