Property taxes across Ontario are set to increase in 2026. This new assessment is not due to budgetary reviews or fiscal austerity, but as with so many of commercial real estate’s woes, it can be traced back to COVID.
Commercial property may go from re-assessed to stressed
Commercial properties facing potentially massive tax hikes following MPAC’s delayed assessments
CoStar Analytics
February 27, 2025 | 8:50 P.M.
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IN THIS ARTICLE
- Companies
- Municipal Property Assessment Corporation
Public Administration