Episodes
Monday Dec 21, 2020
Episode 21: Toronto's Vacant Home Tax
Monday Dec 21, 2020
Monday Dec 21, 2020
Toronto's Vacant Home Tax
The City of Toronto will be implementing a Vacant Home Tax. It will be at 1% Vacant Tax Rate of the Property's Taxable Assessed Value. It will likely start in 2022. The goal is to force unoccupied homes to be rented or sold. Let's look at Vancouver's Vacant Tax Rate on what might our Vacant Home Tax may look like.
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