MPAC PROPERTY ASSESSMENT NOTICES

Did you receive a Property Assessment Notice from MPAC?

Every four years, Municipal Property Assessment Corporation (MPAC) updates the value of every property in the province as part of Ontario’s assessment cycle.  In 2016, MPAC updated the assessed values of more than five million properties in Ontario.  This Assessment Update, based on a valuation date of January 1, 2016, will be applicable to the 2017-2020 property tax years.

Residential property owners can expect to receive their Property Assessment Notice as early as Monday, April 11, 2016.  Notices for business properties and farms will be mailed in the fall of 2016.

When you receive your Property Assessment Notice, review it.  No further action is required on your part unless you have questions or you disagree with your assessed value and/or classification.

Do you have questions about your 2016 Property Assessment Notice?  Visit aboutmyproperty.ca or contact the Municipal Property Assessment Corporation (MPAC) Customer Contact Centre at 1-866-296-MPAC (6722), or 1-877-889-MPAC (6722).

If you would like to learn more about how MPAC assessed your property and compare it to others in your neighbourhood, visit aboutmyproperty.ca.  You can also review market trends for your municipality and file a Request for Reconsideration.  Your unique Roll Number and Access Key are included on your 2016 Property Assessment Notice.

Friday, April 15, 2016