2020 MPAC Property Assessment Update Postponed
The Ontario government has announced that the 2020 Assessment Update has been postponed. They have indicated that property assessments for the 2021 property tax year will continue to be based on the fully phased-in January 1, 2016 current values. This means your property assessment for the 2021 property tax year will be the same as the 2020 tax year, unless there have been changes to your property.
In 2016, we mailed a Property Assessment Notice to every property owner in the province – assessing more than five million properties in Ontario. Your 2016 Notice reflects the assessed value and classification of your property as of January 1, 2016 and this will be used as the basis for calculating your 2021 property taxes.
Why did I receive a 2020 Property Assessment Notice from MPAC?
We are continuously reviewing properties. You may have received a Notice for one of the following reasons:
- change to property ownership, legal description, or school support;
- change to the property’s value resulting from a Request for Reconsideration, an Assessment Review Board decision, or ongoing property reviews;
- property value increase/decrease reflecting a change to the property; for example, a new structure, addition, or removal of an old structure; or
- change in the classification or tax liability of the property.
Your 2020 Property Assessment Notice shows the assessed value of your property based on a January 1, 2016 valuation date and will be the basis for your property taxes for the 2021 property tax year.
The valuation date, established by the Ontario government, is a fixed day to which all properties are valued. In simple terms, the value is the price your property might reasonably have sold for in its current state and condition on January 1, 2016.
Request for Reconsideration (RfR)
The RfR deadline is usually March 31 of the applicable taxation year. However, given the emergency declared by the Province of Ontario, pursuant to the Emergency Management and Civil Protection Act and regulations made thereunder, the RfR deadline for the 2020 taxation year will be 16 days after the emergency is lifted.
The fastest way to start the review of your property’s assessment is to file an RfR on aboutmyproperty.ca. The tool allows you to attach pictures and reports to accompany your RfR and check the status of your request. You may also send us your completed RfR form by email or mail.
Note: Business properties are not required to file an RfR before filing an appeal with the Assessment Review Board. Please check with the Assessment Review Board to confirm your appeal deadline.