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Money Matters

How Does Property Tax/Assessment Work?

Tuesday, January 24, 2012

The Government of Ontario has made a number of changes to the property assessment system that went into effect in the 2009 property tax year. These changes include the introduction of a four-year assessment update cycle and a phase-in of assessment increases.
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"Having had Paul act as my agent on several purchase and rental transactions, I have come away impressed by his skill, enthusiasm and professionalism. His willingness to go above and beyond to complete a sale, or negotiate a more palatable deal has helped me execute on several properties quickly and efficiently. While execution is his primary strength in my opinion, he is also diligent in his screening process. This has ensured that during showings, he is able to provide honest color on a unit or area that my previous agents have been unable to. This makes the process educational and allows me to avoid pitfalls that plague many first/second time home buyers/renters. All in all I would count Paul as an extraordinary asset and would highly recommend his services in the future."
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