2012 Notional Tax Rates

Residential

Property class: RT/RH
Notional tax rate: 0.911661%

Multi-Residential

Property class: MT
Notional tax rate:1.783207%

Commercial – Full

Property class: CT/DT/GT/ST/CH/XT/YT/ZT
Notional tax rate: 2.013408%

Commercial – Vacant

Property class: CU/DU/SU/CX/XU/ZU/YU
Notional tax rate: 1.409386%

Industrial – Full

Property class: IT/LT/IH
Notional tax rate: 3.206844%

Industrial – Vacant

Property class: IU/IX/LU/IJ/IK
Notional tax rate: 2.084450%

Industrial – New construction

Property class: KT
Notional tax rate: 2.889890%

Pipeline

Property class: PT
Notional tax rate: 1.961055%

Farmland

Property class: FT
Notional tax rate: 0.193383%

Managed forest

Property class: TT
Notional tax rate: 0.227915%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2012 Interim Tax Bill)