Property Assessment Change Noce DOE JOHN ABC LIMITED 200 MAIN STREET UNIT 5 2 FLOOR ANYWHERE ON A1B 2C3 Issue Date: May 01, 2019 Roll Number 12 34 567 899 12345 1234 AboutMyProperty™ Access Key ABCD EFG1 HJK2 Your property’s locaon and descripon 200 MAIN ST PLAN169 BLK 1 PT LOT4 Municipality Oawa City School support – see Aachment (1) Assessment overview: MPAC’s assessed value of your property as of January 1, 2016 $314,000 MPAC’s assessed value of your property as of January 1, 2012 $293,000 Between 2012 and 2016, your property’s assessed value changed by $21,000 How will my municipality use MPAC’s property assessment? Under the phase-in provision in the Assessment Act, an increase in assessed value is introduced gradually. A decrease in assessed value will be introduced immediately. The January 1, 2016 assessed value and classification of your property will be used as the basis for calculating your 2019 to 2020 property taxes. Tax Year 2019 2020 Total Assessed Value $308,750 $314,000 Page 1 of 4 This Property Assessment Change Noce has important informaon for you as a property owner. Please review it and file it away for your records. No acon is required unless you disagree with the change(s) in the effecve date, value or classificaon. CONTACT US 1 866 296-MPAC (6722) TTY 1 877 889-MPAC (6722) Monday to Friday 8 a.m. to 5 p.m. If you have accessibility needs, please call us for assistance. www.aboutmyproperty.ca The Assessment Act, and related legislation prevail over differences in words or expressions in this Notice. This assessment is made under section 33 or 34 of the Assessment Act. Please see Aachment (1) for an itemized list of the assessment changes and the assessment for each property classificaon related to your property. The Municipal Property Assessment Corporaon (MPAC ) is responsible for assessing and classifying more than five million properes in Ontario in compliance with the Assessment Act and regulaons set by the Government of Ontario. Why am I receiving this Noce? You have received this assessment noce because a change to your property has affected its value, classificaon or eligibility to be tax exempt. For further explanaon, please see page 2. MPAC’s updated value of your property is $314,000 Account Information: THIS IS NOT A TAX BILL. Sample
Transcript
Property Assessment
Change NoticeDOE JOHN
ABC LIMITED 200 MAIN STREETUNIT 52 FLOORANYWHERE ON A1B 2C3
Issue Date: May 01, 2019
Roll Number 12 34 567 899 12345 1234AboutMyProperty™ Access Key ABCD EFG1 HJK2
Your property’s location and description 200 MAIN ST PLAN169 BLK 1 PT LOT4
Municipality Ottawa City School support – see Attachment (1)
Assessment overview:
MPAC’s assessed value of your property as of January 1, 2016 $314,000
MPAC’s assessed value of your property as of January 1, 2012 $293,000
Between 2012 and 2016, your property’s assessed value changed by $21,000
How will my municipality use MPAC’s property assessment?
Under the phase-in provision in the Assessment Act, an increase in assessed value is introduced gradually. A decrease in assessed value will be introduced immediately. The January 1, 2016 assessed value and classification of your property will be used as the basis for calculating your 2019 to 2020 property taxes.
Tax Year
20192020
Total Assessed Value
$308,750 $314,000
Page 1 of 4
This Property Assessment Change
Notice has important information for you as a
property owner.
Please review it and file it away for your records.
No action is required unless you disagree
with the change(s) in the effective
date, value or classification.
CONTACT US
1 866 296-MPAC (6722) TTY 1 877 889-MPAC (6722)
Monday to Friday 8 a.m. to 5 p.m.
If you have accessibility needs, please call us
for assistance.
www.aboutmyproperty.ca
The Assessment Act, and related legislation prevail over differences in words or expressions in this Notice. This assessment is made under section 33 or 34 of the Assessment Act.
Please see Attachment (1) for an itemized list of the assessment changes andthe assessment for each property classification related to your property.
The Municipal Property Assessment Corporation (MPAC ) is responsible for assessing and classifying more than five million properties in Ontario in compliance with the Assessment Act and regulations set by the Government of Ontario.
Why am I receiving this Notice?You have received this assessment notice because a change to your property has affected its value, classification or eligibility to be tax exempt. For further explanation, please see page 2.
MPAC’s updated value of your property is $314,000
Account Information:
THIS IS NOT A TAX BILL.
Sample
Understanding your Property Assessement Change Notice
Every four years, MPAC updates the assessed value of all properties in Ontario. In 2016, MPAC sent each property owner an updated assessment Notice for the 2017 to 2020 tax years. Since we sent your 2016 Notice, MPAC has updated your assessment for one or more of the following reasons:
• There was a change to your property such as an addition, newconstruction or renovation.
• A structure on your property was assessed for the first time.
• There was a change to your property’s classification.
• All or part of your property no longer qualifies as farmland,conservation land or managed forests.
• All or part of your property no longer qualifies to be tax exempt.
You have received this
assessment notice because
a change to your property
has affected its value,
classification or eligibility
to be tax exempt.
Roll Number: 12 34 567 899 12345 1234
Property type Single Family Dwelling
Property information Frontage: 54.23 feet Depth: 150.00 feet
Lot area: 8,100.00 square feet
Building – exterior square footage 1,053 square feet
Year of construction 1974
Property summary
Have questions about your property assessment?
Register and log in to www.aboutmyproperty.ca to learn more about how your property was assessed, see the information we have on file, as well as to compare it to others in your area. You can register using the Roll Number and Access Key in the Account Information section on page 1 of this Notice.
Have questions?
We’re here to help. Contact us at 1 866 296-6722 and one of our property assessment experts will help guide you through your Notice. Have a question about your property taxes? Contact your municipality for assistance.
Still not sure about your property’s assessed value?
You can file a Request for Reconsideration at www.aboutmyproperty.ca and MPAC will review your assessment, free of charge. You also have the option to file an appeal with the ARB. Your Request for Reconsideration and appeal deadlines are on Attachment (1) of this Notice.
Page 2 of 4
?Why am I receiving this notice
Sample
Attachment (1)
Page 3 of 4
Change(s) to your property assessement
Effective Property date of Adj. class/ Value as of Value as of change type* qualifier** Jan. 1, 2012 Jan. 1, 2016 2019Oct. 10/17 R RT $11,000 $27,000
Adjustment description
All or part of land or a structure:
• that was not previously assessed, OR
• is no longer eligible for assessment asmanaged forests or conservation land.
*Adjustment type
R Previously OmittedRealty Assessment
**Property class/qualifier
RT Residential Taxable
Please see below for the change(s) to your property’s assessment and the effective date. Only the change(s) in the value and/or classification are displayed. The “Revised total assessed value of your property” section of this Notice shows the effect of the change(s) on the total value of your property.
For the 2017-2020 tax years
Deadlines for a Request for Reconsideration (RfR) and/or appeal of the assessment change(s)
If you do not agree with the change(s) in the effective date, the value or the classification, you may file an RfR or appeal.
Owners of a property with a residential, farm or managed forests classification:
If you want a review of your property assessment change(s), the first step is to ask MPAC for a free-of-charge RfR. You must do this before you can appeal to the Assessment Review Board (ARB).
Your deadline for requesting an RfR is <<RFR DATE>>. To file an RfR, visit www.aboutmyproperty.ca.
For all properties:
If you submit an RfR, you must wait for MPAC’s decision before you may appeal to the ARB.
Owners of other property classifications:
You may (but do not have to) ask for a free-of-charge RfR before considering an appeal to the ARB.
Your ARB filing deadline is <<ARB DATE>> . To file an appeal, visit the ARB’s website at www.tribunalsontario.ca/arb/.
