The assessment roll is a list of properties and their valuations delivered annually to each municipal taxing authority during December. The Assessment roll is considered a public document available for viewing by any interested party. The assessment roll provides the following information: owner’s name and address, legal description of the property and assessed value. The current assessment roll is available for viewing at the Municipal Office during regular working hours, Monday to Friday, 8:30 am to 4:30 pm.
Property information such as the legal description, the property and assessed values are available at the Municipal Property Assessment Corporation (MPAC) website at www.mpac.ca or by calling the MPAC customer contact centre at 1-866-296-6722.
How MPAC assesses properties in Ontario
To establish your property’s assessed value, MPAC analyzes property sales in your community. This method is called Current Value Assessment. It is used by most assessment jurisdictions in Canada and throughout the world.
In addition to sales, they look at the key features of every property. As many as 200 factors are considered when assessing the value of a residential property. Five major factors usually account for 85% of the value:
Other features that may affect value include: number of bathrooms, fireplaces, garages, pools, whether properties have water frontage, and so on.
If you do not agree with your assessment
1. On the internet (AboutMyProperty)
2. With a written request