10/14/2026
Episode 149 of Wednesday Wisdom - PROPERTY ASSESSMENT AND REALTY TAXES
Did you know that there is more than one component that are part of your property taxes? One would be the mill rate that your municipality applies to your property assessment. That assessment is usually reevaluated (in Ontario) every four years by a non profit organization called MPAC. However; the assessments have been frozen after COVID.
This means that as prices fall (especially for Condos) you may be paying more for taxes based on assessments that are not current.
Find out more about your MPAC property assessment and property taxes in this 149th installment of Wednesday Wisdom with Eric Mattei:
https://youtu.be/-N27fBoxqO4
Eric and Dario Mattei, Brokers
Royal LePage Terrequity Realty, Brokerage
[email protected]
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Episode 149 of Wednesday Wisdom - PROPERTY ASSESSMENT AND REALTY TA...