When I look on the mpac site, there are no comparable houses found for my tax account.
The assessment is at least $200,000 over market value - even before the price collapse this fall. I figure the market value today of my house is probably now HALF of what they say.
So with our market-value tax assessment system, shouldn't my property taxes fall 50% instead of rise 23% ?
It's outrageous when your annual property tax approaches the cost of a small new car.
F#*K Toronto and its clueless left-wing politicians!