2021 Tax Rates

Final Tax Rates

Residential

Tax class: RT/RH
Final tax rate: 0.721512%

Multi-Residential

Tax class: MT
Final tax rate: 1.290025%

New Multi-Residential

Tax class: NT
Notional tax rate: 0.721512%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT/CH
Final tax rate: 1.598590%

Commercial – Vacant/Excess Land

Tax class: CU/DU/SU/CX/XU/ZU/YU/CU/CJ/XX
Final tax rate: 1.598590%

Industrial – Full

Tax class: IT/LT/KT/JT
Final tax rate: 2.068588%

Industrial – Vacant/Excess Land

Tax class: IU/IX/LU/KU/JU
Final tax rate: 2.068588%

Industrial – Hydro - Full

Tax class: IH
Final tax rate: 2.286772%

Industrial – Hydro - Vacant/Excess Land

Tax class: IJ/IK
Final tax rate: 2.286772%

Industrial – Hydro - New construction

Tax class: JH
Notional tax rate: 2.168588%

Industrial - Farmland Awaiting Development

Tax class: I1
Final tax rate: 0.541134%

Pipeline

Tax class: PT
Final tax rate: 1.483589%

Farmland

Tax class: FT
Final tax rate: 0.151952%

Managed forest

Tax class: TT
Final tax rate: 0.180378%

Levy change factors

Commercial: 0.01063621
Industrial: -0.08576030
Multi-res: 0.01822671

Business improvement area rates
Downtown BIA

Commercial full: 0.342852%
Commercial excess land or vacant land: 0.342852%

Bronte BIA

Commercial full: 0.361665%
Commercial excess land or vacant land: 0.361665%

Kerr Street BIA

Commercial full: 0.172907%
Commercial excess land or vacant land: 0.172907%

2021 Tax Rates Summary (pdf)

Tax Calculation

For each $100,000 of residential assessment:

$100,000 x 0.721512% = $721.51

Notional Tax Rates

Residential

Tax class: RT/RH
Final tax rate: 0.709970%

Multi-Residential

Tax class: MT
Final tax rate: 1.266938%

New Multi-Residential

Tax class: NT
Notional tax rate: 0.709970%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT/CH
Final tax rate: 1.581778%

Commercial – Vacant/Excess Land

Tax class: CU/DU/SU/CX/XU/ZU/YU/CU/CJ/XX
Final tax rate: 1.581778%

Industrial – Full

Tax class: IT/LT/IH
Final tax rate: 2.262639%

Industrial – Vacant/Excess Land

Tax class: IU/IX/LU/IJ/IK
Final tax rate: 2.262639%

Industrial – New construction

Tax class: KT/JT/JH
Final tax rate: 2.144455%

Industrial – New construction (Vacant/Excess Land)

Tax class: KU/JU
Notional tax rate: 2.144455%

Industrial - Farmland Awaiting Development

Tax class: I1
Final tax rate: 0.532477%

Pipeline

Tax class: PT
Final tax rate: 1.571335%

Farmland

Tax class: FT
Final tax rate: 0.149644%

Managed forest

Tax class: TT
Final tax rate: 0.177493%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2021 Interim Tax Bill)