Property Tax
Property Taxes are an ongoing expense charged by the municipality where your home is located. Property Taxes are determined by multiplying the municipality’s tax rate (determined annually) by the property’s MPAC Assessment value (determined on a 4 year cycle).
Want to know more click on some links below:
Are-you-paying-too-much-property-tax?
Property Tax Rates in Toronto, the GTA, Canada, and beyond…
City of Toronto Property Tax Calculator