2012 Tax Rates

Final tax rates

Residential

Tax class: RT/RH
Final tax rate: 0.938318%

Multi-Residential

Tax class: MT
Final tax rate:1.843503%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT
Final tax rate: 2.052236%

Commercial – Vacant

Tax class: CU/DU/SU/CX/XU/ZU/YU
Final tax rate: 1.436564%

Industrial – Full

Tax class: IT/LT/IH
Final tax rate: 3.269753%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Final tax rate: 2.125340%

Industrial – New construction

Tax class: KT
Final tax rate: 2.952799%

Industrial – Farmland awaiting development

Tax Class: I1
Tax Rate: 0.703739%

Pipeline

Tax Class: PT
Tax Rate: 1.989358%

Farmland

Tax Class: FT
Tax Rate: 0.198713%

Managed forest

Tax Class: TT
Tax Rate: 0.234581%

Clawback percentages

Commercial: 47.2212%
Industrial: 41.8818%
Multi – Res: 0%

Levy change factors

Commercial: 0.01928472
Industrial: 0.01961711
Multi-res: 0.03381268

Business improvement area rates

Downtown BIA

Commercial full: 0.457871%
Commercial excess land or vacant land: 0.320510%

Bronte BIA

Commercial full: 0.407642%
Commercial excess land or vacant land: 0.285349%

Kerr Street BIA

Commercial full: 0.237586%
Commercial excess land or vacant land: 0.166310%

Notional tax rates

Residential

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

Multi-Residential

Tax class: MT
Notional tax rate:1.783207%

Commercial – Full

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

Commercial – Vacant

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

Industrial – Full

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

Industrial – Vacant

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

Industrial – New construction

Taxy class: KT
Notional tax rate: 2.889890%

Pipeline

Tax class: PT
Notional tax rate: 1.961055%

Farmland

Tax class: FT
Notional tax rate: 0.193383%

Managed forest

Tax class: TT
Notional tax rate: 0.227915%

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