2016 Tax Rates

Final Tax Rates

Residential

Tax class: RT/RH
Final tax rate: 0.827349%

Multi-Residential

Tax class: MT
Final tax rate:1.634144%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT
Final tax rate: 1.800777%

Commercial – Vacant

Tax class: CU/DU/SU/CX/XU/ZU/YU/CU
Final tax rate: 1.260544%

Industrial – Full

Tax class: IT/LT/IH
Final tax rate: 2.941984%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Final tax rate: 1.912289%

Industrial – New construction

Tax class: KT/JT/JH
Final tax rate: 2.688800%

Industrial - Farmland Awaiting development

Tax class: I1
Final tax rate: 0.620511%

Pipeline

Tax class: PT
Final tax rate: 1.837831%

Farmland

Tax class: FT
Final tax rate: 0.174869%

Managed forest

Tax class: TT
Final tax rate: 0.206838%

Clawback percentages

Commercial: 35.1430%
Industrial: 31.1957%
Multi - Res: 0%

Levy change factors

Commercial: 0.01081498
Industrial: 0.01072501
Multi-res: 0.01865140

Business improvement area rates
Downtown BIA

Commercial full: 0.334567%
Commercial excess land or vacant land: 0.234197%

Bronte BIA

Commercial full: 0.370061%
Commercial excess land or vacant land: 0.259042%

Kerr Street BIA

Commercial full: 0.218132%
Commercial excess land or vacant land: 0.152693%

Notional Tax Rates

Residential

Tax class: RT/RH 
Notional tax rate: 0.812725%

Multi-Residential

Tax class: MT 
Notional tax rate:1.602830%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT 
Notional tax rate: 1.759221%

Commercial – Vacant

Tax class: CU/DU/SU/CX/XU/ZU/YU 
Notional tax rate: 1.231455%

Industrial – Full

Tax class: IT/LT/IH 
Notional tax rate: 2.908697%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK 
Notional tax rate: 1.890653%

Industrial – New construction

Tax class: KT/JT/JH
Notional tax rate: 2.648844%

Pipeline

Tax class: PT
Notional tax rate: 1.802601%

Farmland

Tax class: FT
Notional tax rate: 0.171875%

Managed forest

Tax class: TT
Notional tax rate: 0.203182%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2016 Interim Tax Bill)