Do you own property in the City of Toronto?
You'll be receiving an updated Property Assessment Notice in spring 2016.
Every four years MPAC conducts a province-wide Assessment Update and mails Property Assessment Notices to every property owner in Ontario. In 2016, MPAC will update the assessed values of every property in Ontario, to the legislated valuation date of January 1, 2016.
Property owners can visit www.aboutmyproperty.ca to learn more about residential market trends in their area and how their property was assessed. By using the Roll Number and unique Access Key on their Property Assessment Notice, they can also see the information MPAC has on file for their property and compare it to others in their area.
Property assessment information is provided to the City for property tax purposes. Property owners can also learn more about the relationship between property assessment and taxation through www.aboutmyproperty.ca.
If you disagree with your assessment, you can submit a Request for Reconsideration (RfR) directly through AboutMyProperty™ within 120 days from the Issue Date of your Property Assessment Notice.