Property assessments are administered by the Municipal Property Assessment Corporation (MPAC). MPAC’s main responsibility is to provide the taxpayers and municipalities of Ontario with property assessment excellence and outstanding service through consistent and accurate property assessments.
To establish your property’s assessed value, MPAC analyzes property sales in your community to determine the Current Value Assessment (CVA). For residential properties, they consider all of the key features which affect market value.
Five of the major factors that usually account for 85% of the value are:
MPAC is also responsible for the classification and assessment of Farm, Commercial, Industrial, Multi-Residential, Pipe line and Managed Forest property types.
For more information regarding your property, MPAC has developed a site to access more details and learn more about your property: https://www.aboutmyproperty.ca/
Municipal Property Assessment Corporation (MPAC) is responsible for assessing and classifying all properties in Ontario. Every 4 years, MPAC conducts a province-wide Assessment Update, and a Property Assessment Notice is issued to every property owner. 2020 will be the next assessment year.
Assessment Appeals |
If you disagree with MPAC’s assessment or classification of your property, a Request for Reconsideration form can be filed and MPAC will review your assessment, free of charge. The deadline to file an RFR with MPAC is printed on your Property Assessment Notice. If you do not have your Property Assessment Notice, please call 1-866-296-6722 to request a copy. To file a Request for Reconsideration, follow this link: https://www.mpac.ca/HowAssessmentWorks/Forms |
Tax Adjustment |
If the status of your property changes due to fire, demolition, or removal of buildings, please inform us in writing by completing a Form 357/358, so the necessary adjustments to the assessed value and/or tax class can be processed. Appeals must be filed by the last day of February following the taxation year. (For example, February 28, 2018 for 2017 taxes.) |
Designated Heritage Properties |
Heritage properties are eligible for a tax deduction. For more information, please visit our Designated Heritage Properties page. |