​Every four years, the Municipal Property Assessment Corporation (MPAC) updates the value of each property in the province as part of Ontario’s assessment cycle. The current Assessment Update is taking place in 2016, based on a valuation date of January 1, 2016.  The last update was in 2012 and affected the tax years 2013-2016.  Any increase in the new assessment from the previous assessment will be phased in equally over the next four years (2017-2020).

Re-assessment does not necessarily result in higher taxes.

• When assessment values go up and if budget stays the same - the tax rate goes down. Property taxes remain the same
• If assessment values go up at the same rate for all properties, property taxes remain the same
• If assessment values go up at different rates for different properties and budget stays the same - property taxes will change (up or down) depending on the value of the property
• When costs to provide services go up, property taxes increase 

Questions or Concerns?

• Filing a Request for Reconsideration
• Questions about your assessment?
• How was my property assessed?