As outlined in the June, July and August newsletters, supply continues to be low despite strong consumer interest. Toronto’s August 2020 real estate sales were considerably stronger than a year ago as pent up post- lockdown consumer demand and low interest rates resulted in higher sales and prices compared to August 2019. The table below (you will need to download […]
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Will You Be Paying Too Much In Property Taxes?
Every 4 years, the Municipal Property Assessment Corporation (MPAC) re-assesses all properties. Like the US presidential election cycle, MPAC will be re-assessing 2020. If MPAC over estimates the value of your property, you will be overpaying property taxes for the next 8 years. Property taxes are derived by multiplying the property tax rate by the […]
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