Comments on: Understanding Toronto Property Tax: Everything You Need to Know https://www.mipropertyportal.com/understanding-toronto-property-tax-everything-you-need-to-know/ Your Property Manager Wed, 18 Dec 2024 06:07:06 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: James https://www.mipropertyportal.com/understanding-toronto-property-tax-everything-you-need-to-know/#comment-1819 Wed, 18 Dec 2024 06:07:06 +0000 https://www.mipropertyportal.com/?p=5141#comment-1819 Let me understand this MPAC does the property value assessment and then determines the average cost of a home in a municipal city then that number is given to the cities municipal government and the average cost of a home is determined by the number they were given by MPAC and when its time for property taxes the cities municipal government uses that number to tax the city so if MPAC says the average assessed value of a home is $800,000 the cities municipal government determines the tax rate off that number? Please email me I need to know the answer thank you

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By: Janet Douris https://www.mipropertyportal.com/understanding-toronto-property-tax-everything-you-need-to-know/#comment-626 Thu, 18 Jul 2024 14:45:32 +0000 https://www.mipropertyportal.com/?p=5141#comment-626 As a senior I have taken advantage of the Property Tax Increase Cancellation Program for several years now. Does this money have to be repaid when I die or sell my house?

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