MPAC Assessments – There is No Free Lunch

This fall, you will receive or will have already received your 2012 MPAC assessment. These assessments are based on location, lot dimensions, living area, age and quality of construction as of January 1, 2012. Average Residential MPAC assessments have increased by 18% across Ontario. This is a “Good News” story and the increases will be phased in over the next four years.

REGION

MPAC

PHASE IN

     

ONTARIO

18.0%

4.5%

     

TORONTO

23.0%

5.8%

YORK

27.2%

6.8%

HALTON

22.0%

5.5%

PEEL

22.0%

5.5%

DURHAM

13.0%

3.3%

     

NEIGHBOURHOOD

MPAC

PHASE IN

     

MARKHAM

31.6%

7.9%

VAUGHAN

26.6%

6.6%

RICHMOND HILL

31.6%

7.9%

STOUFFVILLE

17.0%

4.1%

AURORA

24.0%

6.0%

NEWMARKET

21.8%

5.4%

If you feel that your assessment is too high, please visit the MPAC website at www.mpac.ca to understand more about your assessment.

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Donald Lum

Donald Lum

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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