TORONTO AND MUNICIPAL TAX RATES

Zeny Maninang

Sales Representative

*25 Years Experience

* Gold Award, 2008

* President's Award, 2007

*Emerald Award, 2005, 2004

* Platinum Award, 2006,2003

Property Tax Rates Update

and Current Value Assessment

TAX RATES 2009

Check with the appropriate city tax department for more information on 2009 property tax rates.

Please note: The tax rates posted here are for the most common rate classifications. Tax rates for other property classes can be obtained by contacting the local Municipality's Treasury department.

2009 Tax Rates

Location	Phone# Treasury Office	Residential	Multi – Residential	Commercial Occupied	Industrial Occupied
Ajax	905-683-4550 ext. 361	1.405238	2.404519	3.060672	4.545450
Aurora	905-727-3123 ext. 4747	1.116940	1.116940	2.429909	2.740647
Barrie (Urban)	705-739-4230	1.377862	1.466467	3.071180	3.303746
Bradford	905-775-5303	1.225996	1.750492	2.371522	3.938672
Brampton	905-874-2200	1.233258	1.925044	2.711951	3.123736
Brock	705-432-2355	1.579422	2.661189	3.260068	4.856204
Burlington (Urban)	905-335-7750	1.076121	2.116081	2.464680	3.804039
(Rural)		1.014354	1.976370	2.374716	3.658275
Caledon	905-584-2272 ext. 7750	0.984764	1.501363	2.389630	2.758451
Clarington	905-623-3379	1.444566	2.477925	3.117698	4.634324
Collingwood	705-445-1030	1.327350	1.906426	2.858428	4.094606
East Gwillimbury	905-478-4282 ext. 229	1.103668	1.103668	2.413889	2.722414
Georgina	905-476-4301	1.361443	1.361443	2.725024	3.076520
Halton Hills (Urban)	905-873-2600 Ext. 2930	1.033787	2.020324	2.403019	3.704134
(Rural)		0.995288	1.933243	2.346945	3.613280
King	905-833-5321	1.072758	1.072758	2.376581	2.679954
Markham	905-475-4864	1.009021	1.009021	2.299651	2.592399
Milton (Urban)	905-878-7252 ext. 2193	0.916687	1.755455	2.232461	3.427789
(Rural)		0.872229	1.654896	2.167709	3.322874
Mississauga	905-896-5575	1.017593	1.613822	2.518507	2.883852
New Tecumseh	705-435-2873	1.099482	1.555850	2.573114	3.744030
Newmarket	905-953-5317	1.146161	1.146161	2.465179	2.780788
Oakville	905-338-4222	1.022633	1.995095	2.386773	3.677811
Orangeville	519-941-9569	1.451532	3.466985	2.753542	4.739490
Orillia	705-329-7239	1.424527	2.128043	3.592119 (Low Band Under $7,000,000)	4.222409
Orillia	705-329-7239	1.424527	2.128043	6.193309 (High Band Over $7,000,000)	4.222409
Oshawa	905-725-3356	1.756299	2.059775	3.569711	5.338778
Pickering	905-420-4614	1.392348	2.380460	3.041982	4.516321
Richmond Hill	905-771-8949	1.020507	1.020507	2.313514	2.608177
Scugog	905-985-7346	1.360506	2.321026	2.995810	4.444364
Toronto	416-338-4829	0.8547807	2.2893418	3.8462361	4.0103103
Uxbridge	905-852-9181 ext. 210/211	1.276848	2.164879	2.874507	4.255314
Vaughan	905-832-8502	1.015132	1.015132	2.307030	2.600801
Whitby	905-430-4304	1.423870	2.439295	3.087688	4.587554
Whitchurch/Stouffville	905-640-1900	1.038554	1.038554	2.335296	2.632967
* Assessment-related tax increases for commercial, industrial, and multi-residential properties are subject to provincial capping provisions. Accordingly, depending on policy established by each municipality, assessment-related tax increases for commercial, industrial, and multi-residential properties will be limited to 5% of the property’s prior year’s taxes, or, 10% of the property’s prior year’s taxes, or, 5% of the property’s full Current Value Assessment taxes. Please check with the municipality regarding their specific policies. Note: This information is provided by the individual municipalities. The Toronto Real Estate Board assumes no responsibility for the accuracy of this data.

CURRENT VALUE ASSESSMENT

Frequently Asked Questions

Q: What is Current Value Assessment (CVA)?

A: In 1998, the Province of Ontario reformed the property assessment legislation in Ontario with the implementation of Current Value Assessment (CVA). Under this new assessment system, all property assessments in Ontario are updated on a regular basis.

The CVA of a property represents an estimated market value, or the amount that the property would sell for in an open market, arm's length sale between a willing seller and a willing buyer at a fixed point in time.

For the 1998 to 2000 taxation years, property assessments were based on a June 30, 1996 valuation date. For the 2001 and 2002 taxation years, property assessments in Ontario were updated to reflect current values as at June 30, 1999. For the 2003 year, property assessments were updated to reflect current values as of June 30, 2001 valuation date. For 2004, property assessments were based on the June 30, 2003 valuation date.

Q: When will the next reassessment occur?

A: The 2006 and 2007 assessment updates of properties in Ontario were cancelled. As a result, assessments continue to be based on current value as of January 1, 2005. Municipalities are using the January 1, 2005 values to calculate property taxes for 2006, 2007 and 2008. Education tax rates, which are set by the Provincial Government, are also being applied to the January 1, 2005 assessed value.

The chart below illustrates the province-wide assessment update cycle since 1997.

ASSESSMENT UPDATE CYCLE
Update Year	Taxation Year(s)	Valuation Date
1997	1998, 1999, 2000	June 30, 1996
2000	2001, 2002	June 30, 1999
2002	2003	June 30, 2001
2003	2004, 2005	June 30, 2003
2005	2006, 2007, 2008*	January 1, 2005

Q: Who determines the assessed value (i.e. CVA) of my property?

A: The Municipal Property Assessment Corporation (MPAC) is a not for profit corporation responsible for determining the CVA and tax class for all properties in Ontario for municipal and education taxation.

In November 2003 MPAC mailed notices of assessment to all Toronto property owners advising them of their new CVA based on a June 30, 2003 valuation date.

Q: What do I do if I disagree with the CVA for my property?

A: If you do not agree with your assessment:
1. Contact MPAC

Toll Free number: 1 866 296-MPAC (6722)

Access for the Deaf, or Hard of Hearing is available by calling
1 877 TTY-MPAC or through the Bell Relay service.

You may also fax us at: 1 866 297-6703
or send us an e-mail at: enquiry@mpac.ca

Extended hours for MPAC’s toll-free customer service
From November 12 – December 7, 2007
8 a.m. to 6 p.m. Monday – Friday

Please have your 19-digit roll number available when you call.

2. Ask MPAC to review your assessment

If you feel your assessed value or classification is not correct, MPAC will review it free of charge. You may request a review any time before December 31, 2008.

There are three ways to request a MPAC review:

Complete a Request for Reconsideration form. Forms are available at www.mpac.ca
Call us toll-free at 1 866 296-MPAC (6722) to request a form.
Write a letter requesting a review.
In your letter, please include:

the 19-digit roll number on your Notice;
your full name, address and phone number; and
the reasons why you feel your assessment is not correct, including any information you have to support your claim. If you feel that your property has been valued incorrectly you can have your assessment reviewed by MPAC by filing a 'Request for Reconsideration'. There is no fee for this request and the deadline to apply for the 2005 taxation year is December 31, 2005. You can visit the MPAC website at www.MPAC.ca to obtain a Request for Reconsideration form.

If your Request for Reconsideration is successful, MPAC will forward the results directly to the City in order to expedite processing of any tax adjustment.

If other information on your Notice of Assessment is inaccurate, such as the assessed owner, location or property description, etc. you may contact MPAC at 1-866-296-6722 (toll free) to verify details about your property.

Property owners also have the option of filing a formal appeal with the Assessment Review Board (ARB). The fee for this appeal is $50 for residential properties and $125 for commercial properties. The deadline to file an appeal with the ARB is March 31, 2005. Applications are available by contacting the ARB at 416-314-6900 or by visiting their website at www.arb.gov.on.ca

3. File a Notice of Complaint

You may file a Notice of Complaint with the Assessment Review Board (ARB), an independent tribunal of the Ontario Ministry of the Attorney General.

Specific application forms and fees are involved, and you will have to appear at a hearing to support your argument. MPAC will also appear at the hearing. A complaint must be filed before March 31, 2008, even if you have already requested a review from MPAC.

For more information, contact the ARB toll-free at 1 800 263-3237 or 416 314-6900 or visit www.arb.gov.on.ca