Category: Toronto

Residential Properties The City levy has been calculated by multiplying your property’s 2022 phased-in assessment by the City’s tax rate, as approved by Toronto City Council. The education levy is calculated by multiplying your 2022 phased-in assessment by the education tax rate, as set by the Province of Ontario. How do I calculate my property […]

Penalty, Interest & Fee Charges Late payment charges are added to all past due taxes at a rate of 1.25 per cent on the first day of default and on the first day of each month thereafter, as long as taxes or charges remain unpaid. Penalty and interest charges on overdue amounts cannot be waived […]

Toronto has lower property taxes than most other municipalities in the GTHA. The city has instead balanced its books thanks to proceeds from the Municipal Land Transfer Tax, which has brought in huge amounts of money due to the booming real estate market. Is property tax cheaper in Toronto? In Ontario, in terms of strict […]

Final Notices are issued when previous attempts to collect payment have failed. Once a final notice is issued, property owners have 21 days to make payment. Failure to do so, results in the property tax account being transferred to a bailiff. How long can you go without paying property taxes in Ontario? If you don’t […]

Land transfer taxes start at 0.5% for the first $55,000 in purchase price, and progressively increase all the way up to a transfer tax of 2.5% for each dollar of purchase price over $2,000,000. How much property tax do you pay when you buy a house in Ontario? HST is 13% of the purchase price. […]

The municipal government of Toronto (incorporated as the City of Toronto) is the local government responsible for administering the city of Toronto in the Canadian province of Ontario. Is the City of Toronto a government? The City of Toronto is your local government, also known as the municipal level of government. In Canada, we also […]

A single-tier municipality (such as the City of Toronto, the City of Stratford or the County of Brant) is not part of an upper-tier municipality. What is an upper tier municipality Ontario? UPPER TIER – An upper-tier municipality means a municipality of which two or more lower-tier municipalities form part for municipalities purposes. Municipal responsibilities […]

The distance between Toronto Airport (YYZ) and Toronto Airport (YYZ is 65 miles. The road distance is 94.9 miles. How do I travel from Toronto Airport (YYZ) to Peace Bridge without a car? The best way to get from Toronto Airport (YYZ) to Peace Bridge without a car is to bus which takes 3h 33m […]

Toronto is in Canada. It is the capital city of the province of Ontario. It is situated on the northwestern shore of Lake Ontario and forms part of the border between Canada and the United States. How far is Toronto from the US border? Distance between Toronto and Usa is 563 KM / 350.4 miles. […]

Is car insurance cheaper in Mississauga than Toronto? It’s estimated that Mississauga has the fifth highest car insurance rates in Ontario at roughly 50% more expensive than Ontario’s average. Is car insurance more expensive in Mississauga than Toronto? Mississauga (50% more expensive than Ontario’s average) East York (48.1% more expensive than Ontario’s average) Markham (40.8% […]