Property Taxes

Accurate property assessment is the basis for fair property taxation and ensures everyone in your community pays their fair share of property taxes. Therefore, you want your assessed value to be accurate.

The 2022 phased-in assessment is based on property values as of January 1, 2016, and will be used to determine 2022 municipal and education taxes.

The assessment act requires your property's assessed value to be based on what it would likely have sold for on a specific date. For the 2022 taxation year, that date is January 1, 2016.

To establish a property's assessed value, MPAC analyzes sales of comparable properties in the property owner's area and all the essential features that affect market value. Most assessment jurisdictions in North America use this method. For residential properties, five major factors generally account for 85% of a property's value:

• Location
• Lot dimensions
• Living area
• Age of the property (adjusted for any major renovations or additions)
• Quality of construction

For more information, refer to:https://www.youtube.com/watch?v=Uikghy2Yz10

Visit the MPAC web site at www.mpac.ca and click on the AboutMyProperty link. If you haven't used the site before, you will be required to register by calling the MPAC toll-free Customer Service Line at 1-866-296-6722 to obtain your access key. Be prepared to give your 19 digit roll number (found on your assessment notice), name, date of birth, mailing address, email address and telephone number.

You can also find our access key on your most recent Property Assessment Notice.

Once you are registered, you will be given free access to:

One (1) Property Profile Report for your property.

Twenty-Four (24) Properties of Interest Reports on properties of your choice.

One hundred (100) Property Detail Snapshot Reports on properties of your choice

1. Contact MPAC

If you think your assessment is incorrect, please call them toll-free at 1-866-296-6722 to verify details about your property.

You can also visit them atwww.mpac.caand click on the AboutMyProperty link.

2. Ask MPAC to review your assessment

If you believe your assessment is incorrect, MPAC will be pleased to further review your assessment through a Request for Reconsideration (RfR). There is no fee for an RfR, and your request may be made any time before March 31, 2023.

RfR forms are available on their website, www.mpac.ca, or by calling them toll-free at1-866-296-6722. RfR forms are also available at Town Hall's Customer Service desk. You may also write a letter requesting a reconsideration of your assessment. Please include the following information in your letter:

• your 19-digit roll number;
• your full name, address and phone number;
• all the reasons why you feel your assessment is incorrect.

To assist MPAC's review, you must provide specific details about your property that support your concerns. The more information you provide, the quicker and easier it will be for MPAC to review on your behalf.

3. File a formal appeal if you still disagree with your property assessment

Residential property owners must file a Request for Reconsideration (RfR) with MPAC and receive the RfR decision before filing an appeal with the Assessment Review Board (ARB). The RfR must be filed by March 31, 2023, for the 2023 tax year.

For all other property types, you may either file an RfR with MPAC or appeal directly with the ARB. The ARB appeal must be filed by March 31, 2023.

The ARB is an independent tribunal of the Province of Ontario. The property owner and MPAC will be asked to appear at a hearing to present evidence to support their arguments.

To learn more about assessment appeals, please visit the ARB's website,www.arb.gov.on.ca, or call their toll-free number at1-800-263-3237or416-314-6900.

MPAC is a not-for-profit corporation funded by all Ontario municipalities. Their job is to classify your property and accurately assess its value, not to determine your property taxes.

MPAC is also responsible for:

• producing municipal and school board voter lists
• determining the population of every municipality in Ontario every three years.

MPAC Customer Contact Centre, toll-free at 1-866-296-6722

The Municipal Property Assessment Corporation

As a property owner in Ontario, you are required to support a school system. To view and update your school support please visit the link below.

MPAC School Support Designation