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PROPERTY TAX RATES UPDATE

& GOVERNMENT WEBSITES


 
Tax Rates 2007

Check with the appropriate city tax department for more information on 2007 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.

 

Location

LOCATION Phone #
Treasury Office
Residential Multi - Residential Commercial
Occupied

Industrial

Occupied

Ajax
905-683-4550
1.375935
2.339427
3.099859
4.481629
Aurora
905-727-3123
ext. 4062
1.118911
1.118911
2.524775
2.783086
Barrie (Urban)
705-739-4230
1.365369  1.452047 3.316588 3.305197
Brampton
905-874-2200
1.195419  1.852070 2.762082 3.150304
Brock (Urban)
705-432-2355
1.55173  2.66754 3.35475 4.83181
Burlington (Urban)
905-335-7750
1.068466   2.083621 2.546362 3.828079
Burlington (Rural)
 
1.007551   1.945838 2.457639 3.684326
Caledon
905-842-2272
0.934262   1.406797 2.423334 2.766403
Clarington
905-623-3379
1.41459   2.41159 3.15592 4.52193
Collingwood
705-445-1030
1.280675   1.828155 2.861105 4.021482
East Gwillimbury
905-478-4282
1.107529   1.107529 2.511037 2.816828
Georgina
905-476-4301
1.340870  1.340870 2.792678 3.137367
Halton Hills (Urban)
905-873-2600
1.024808  1.984873 2.482774 3.725052
Halton Hills (Rural)
 
0.982580  1.889357 2.421269 3.625398
King
905-833-5321
1.067694   1.067694 2.462956 2.762107
Markham
905-475-4864
1.020416 1.020416 2.405891 2.697160
Milton (Urban)
905-878-7252
ext. 2193
0.913584   1.733293 2.320775 3.462572
Milton (Rural)
 
0.867901  1.629962 2.254238 3.354765
Mississauga
905-896-5575
1.002521  1.577668 2.595117 2.941159
Newmarket
905-953-5317
1.126884   1.126884 2.534398 2.843415
Oakville
905-338-4222
1.007337  1.945353 2.457326 3.683820
Orillia
705-329-7239
 
1.386918   2.004523 3.920649 3.993903
Oshawa
905-725-3356
1.709235  2.961531 3.583143 5.199866
Pickering
905-420-4614
1.352624   2.295913 3.066059 4.428952
Richmond Hill
905-771-8800
1.023412  1.023412 2.409507 2.701276
Scugog
905-985-7346
1.327583   2.249180 3.029750 3.43252
Toronto
416-338-0338
0.8528434   2.3521901 4.0932775 4.3692841
Uxbridge
905-852-9181
ext. 211
1.239611   2.084977 2.907534 4.173563
Vaughan
905-832-8502
1.014846 1.014846 2.399168 2.689509
Whitby
905-430-4304
1.381364 2.349560 3.107732 4.493898
Whitchurch/Stouffville
905-640-1900
1.031048   1.031048 2.418724 2.711766

* 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 next province-wide assessment update will take place in 2005, when the assessed values of all properties will be updated to January 1, 2005. These will be used to calculate your 2006 taxes. Every property owner in Ontario will receive an Assessment Notice in the fall of 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 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.
 

 


GOVERNMENT WEBSITES

Internet allows improved public access to governments.

 

The explosive growth of the Internet and the continuing public demand for greater access to government has resulted in governments at all levels rushing to ensure their presence on the World Wide Web. The main purpose of most of the government Web sites is to communicate with constituents and distribute information on various programs and services. Governments at the federal and provincial levels, as well as most local and regional governments in the Greater Toronto Area (GTA) have established their own Web sites in an effort to get closer to the voters.

In addition to obtaining information about government programs and services, the public can also communicate with many elected officials via e-mail.

 

For example, by accessing the Government of Canada Web sites, individuals can obtain e-mail addresses for the Prime Minister, and various federal cabinet ministers.

 

Furthermore, many of the Web sites have links to other government related home pages making it easier for the public to stay in touch with their elected representatives.

Listed below are the home page addresses for the federal and provincial governments, and for many of the local and regional governments in the Greater Toronto Area.

 

If the government you are searching for is not listed, try a good search engine. At the search engine's home page, simply enter the name of the government, start the search and you should pull up some sites. If you are unsuccessful, it may mean that no Web site exists or it is under construction.
 

 

Regional:

 

Municipal:

 

 

Zeny Maninang

Sales Representative

* President's Award, 2007

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HomeLife/Bayview

Realty Inc.

Real Estate Brokerage

Independently Owned & Operated

 505 Highway 7 East Suite 201, Thornhill, Ontario

L3T 7T1


Office: 

(905) 889-2200

 

Toronto Line:

(416) 324-2822

 

Email:

zeny@sellhomestoronto.com

 

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Homelife/Bayview Realty Inc. 

Real Estate Brokerage

Independently Owned & Operated
 505 Highway 7 East Suite 201,

Thornhill, Ontario L3T 7T1

 

Office (905) 889-2200

Toronto Line (416) 324-2822

Fax (905) 889-3322

Email:  zeny@sellhomestoronto.com 


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