2010 Tax Rates

Final tax rates

Residential

Tax class: RT/RH
Tax rate: 0.982526%

Multi – Residential

Tax class: MT
Tax rate: 1.918256%

Commercial – Full

Tax class: CT/DT/GT/ST/CM/CH/XT
Tax rate: 2.245038%

Commercial – Vacant

Tax class: CU/SU/DU/CX/CJ/XU
Tax rate: 1.571526%

Industrial – Full

Tax class: IT/LT/IH
Tax rate: 3.503995%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Tax rate: 2.277598%

Industrial – New construction

Tax class: KT
Tax rate: 3.179925%

Industrial – Farmland awaiting development

Tax class: I1
Tax rate: 0.736895%

Pipeline

Tax class: PT
Tax rate: 2.095801%

Farmland

Tax class: FT
Tax rate: 0.208555%

Managed forest

Tax class: TT
Tax rate: 0.245632%

Clawback Percentage

Commercial: 51.2893%
Industrial: 33.4181%
Multi-res: 0%

Levy Change Factors

Commercial: 0.00944909
Industrial: 0.00981225
Multi – Res: 0.01730621

Business Improvement Area Rates

Downtown BIA

Commercial full: 0.489504%
Commercial excess land or vacant land: 0.342653%

Bronte BIA

Commercial full: 0.403349%
Commercial excess land or vacant land: 0.282344%

Kerr Street BIA

Commercial full: 0.261059%
Commercial excess land or vacant land: 0.182741%

Notional tax rates

Residential

Tax class: RT/RH
Notional tax rate: 0.965693%

Multi – Residential

Tax class: MT
Notional tax rate: 1.883219%

Commercial – Full

Tax class: CT/DT/GT/ST/CM/CH/XT
Notional tax rate: 2.224066%

Commercial – Vacant

Tax class: CU/SU/DU/CX
Notional tax rate: 1.556847%

Industrial – Full

Tax class: IT/LT/IH
Notional tax rate: 3.475289%

Industrial – Vacant

Tax class: IU/IX/LU/IJ/IK
Notional tax rate: 2.258938%

Industrial – New construction

Tax class: KT
Notional tax rate: 3.160707%

Pipeline

Tax class: PT
Notional tax rate: 2.080483%

Farmland

Tax class: FT
Notional tax rate: 0.205069%

Managed forest

Tax class: TT
Notional tax rate: 0.241423%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2010 Interim Tax Bill)