2020 Tax Rates

Final 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%

Levy change factors

Commercial: 0.01286365
Industrial: 0.01290893
Multi-res: 0.02225841

Business improvement area rates
Downtown BIA

Commercial full: 0.334131%
Commercial excess land or vacant land: 0.334131%

Bronte BIA

Commercial full: 0.356342%
Commercial excess land or vacant land: 0.356342%

Kerr Street BIA

Commercial full: 0.110679%
Commercial excess land or vacant land: 0.110679%

2020 Tax Rates Summary (pdf)

Tax Calculation

For each $100,000 of residential assessment:

$100,000 x 0.709970% = $709.97

Notional Tax Rates

Residential

Tax class: RT/RH 
Notional tax rate: 0.696362%

Multi-Residential

Tax class: MT 
Notional tax rate:1.239724%

New Multi-Residential

Tax class: NT
Notional tax rate: 0.696362%

Commercial – Full

Tax class: CT/DT/GT/ST/CH/XT/YT/ZT 
Notional tax rate: 1.561959%

Commercial – Vacant/Excess Land

Tax class: CU/DU/SU/CX/CJ/XU/YU/ZU/XX 
Notional tax rate: 1.208955%

Industrial – Full

Tax class: IT/LT/IH 
Notional tax rate: 2.380463%

Industrial – Vacant/Excess Land

Tax class: IU/IX/LU/IJ/IK 
Notional tax rate: 1.739483%

Industrial – New construction

Tax class: KT/JT/JH
Notional tax rate: 2.262279%

Industrial – New construction (Vacant/Excess Land)

Tax class: KU/JU
Notional tax rate: 1.641981%

Industrial – Farmland Awaiting Development

Tax class: I1
Notional tax rate: 0.522271%

Pipeline

Tax class: PT
Notional tax rate: 1.556888%

Farmland

Tax class: FT
Notional tax rate: 0.146922%

Managed forest

Tax class: TT
Notional tax rate: 0.174092%

Note: Assessment multiplied by notional rate divided by two = Interim Bill (used for 2020 Interim Tax Bill)