2011 Tax Rates

Final tax rates

Residential

Tax Class: RT/RH
Tax Rate: 0.957907%

Multi – Residential

Tax Class: MT
Tax Rate: 1.875190%

Commercial – Full

Tax Class: CT/DT/GT/ST/CM/CH/XT/YT/ZT
Tax Rate: 2.138668%

Commercial – Vacant

Tax Class: CU/SU/DU/CX/XU/ZU/YU
Tax Rate: 1.497066%

Industrial – Full

Tax Class: IT/LT/IH
Tax Rate: 3.375840%

Industrial – Vacant

Tax Class: IU/IX/LU/IJ/IK
Tax Rate: 2.194296%

Industrial – New construction

Tax Class: KT
Tax Rate: 3.045427%

Industrial – Farmland awaiting development

Tax Class: I1
Tax Rate: 0.718430%

Pipeline

Tax Class: PT
Tax Rate: 2.038619%

Farmland

Tax Class: FT
Tax Rate: 0.203131%

Managed forest

Tax Class: TT
Tax Rate: 0.239477%

Clawback percentages

Commercial: 58.4089%
Industrial: 44.2451%
Multi – Res: 0%

Levy change factors

Commercial: 0.01709498
Industrial: 0.01755578
Multi-res: 0.03068265

Business improvement area rates

Downtown BIA

Commercial full: 0.441474%
Commercial excess land or vacant land: 0.309032%

Bronte BIA

Commercial full: 0.401250%
Commercial excess land or vacant land: 0.280875%

Kerr Street BIA

Commercial full: 0.275961%
Commercial excess land or vacant land: 0.193172%

Notional tax rates

Residential

Tax Class: RT/RH
Notional tax rate: 0.931171%

Multi – Residential

Tax Class: MT
Notional tax rate: 1.817311%

Commercial – Full

Tax Class: CT/DT/GT/ST/CM/CH/XT/YT/ZT
Notional tax rate: 2.103415%

Commercial – Vacant

Tax Class: CU/SU/DU/CX/XU/ZU/YU
Notional tax rate: 1.472391%

Industrial – Full

Tax Class: IT/LT/IH
Notional tax rate: 3.323431%

Industrial – Vacant

Tax Class: IU/IX/LU/IJ/IK
Notional tax rate: 2.160231%

Industrial – New construction

Tax Class: KT
Notional tax rate: 3.004713%

Pipeline

Tax Class: PT
Notional tax rate: 2.012416%

Farmland

Tax Class: FT
Notional tax rate: 0.197682%

Managed forest

Tax Class: TT
Notional tax rate: 0.232792%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2011 Interim Tax Bill)