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The Basics of Assessment

Current Value Assessment System
Definition of Current Value
The amount of money the fee simple, if unencumbered, would realize if sold at arm's length by a willing seller to a willing buyer.

Reassessment Cycle

Taxation Year Property Value Based On
2001, 2002 June 30, 1999
2003 June 30, 2001
2004, 2005 June 30, 2003
2006, 2007, 2008 January 1, 2005
2009, 2010, 2011, 2012 January 1, 2008
2013, 2014, 2015, 2016 January 1, 2012

Property Classes
As part of the assessment process, each property will be assessed as one or more of the following property classes in accordance with use:

Property Class Description
Residential Land used for residential purposes or non-qualified farms
Multi-Residential Land used for residential purposes with greater than 7 units
Commercial Land and buildings used for office or administrative purposes
Industrial Land used in conjunction with manufacturing, R&D, storage etc.
Pipeline Will be assessed by regulation
Farm/Managed Forests Properties which meet stringent Provincial criteria - includes most properties previously eligible for the 75% Farm Tax Rebate Program

Assessment Rolls - Public Access
The assessment rolls contain information on every property within Richmond Hill. It provides the name and address of the owner, legal description of the property, the size of the lot (frontage and square footage), the assessed value and the property class for taxation purposes.

The information in the assessment rolls are open for public viewing and may be accessed easily by street address, name of the property owner or by locating the property on a map and is open for public viewing. This information is available on a self-serve computer located in the Office of the Clerk, Ground Floor, 225 East Beaver Creek Road during regular business hours (8:30 a.m. - 4:30 p.m., Monday to Friday). Richmond Hill staff are available to assist you to locate information. However, due to the number of requests for information received each day, requests received by telephone or mail cannot be accommodated. This information is also available through the Municipal Property Assessment Corporation Website. *external link

How Can I Appeal My Assessment Value?
Property taxes are calculated by applying a tax rate to all properties in each property assessment class. The rate, once set by Council, is not subject to appeal. Only your assessed value as established by the Municipal Property Assessment Corporation is subject to appeal.

If you believe your property assessment is too high in comparison to similar properties in your area, you have the option to appeal the assessment.

To be eligible for an Assessment Review Board appeal, the first step for residential, farm or managed forest property types, is to file a Request for Reconsideration (RfR) with MPAC before the deadline of March 31 of the tax year. You have 90 days after the notice of decision from MPAC to file an appeal with the Assessment Review Board.

For any other property types, the option is to either file a Request for Reconsideration (RfR) with MPAC or file an appeal with the Assessment Review Board. The deadline to file either option is March 31 of the tax year.

For further information, you may contact the Municipal Property Assessment Corporation at (866) 296-6722.

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