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Ontario

Reassessment delay impedes Ontario property tax redistribution

Scott Powell Condominiums Taxation, Assessments Ontario Jan. 22 2025

An analysis of over 3,400 residential sales between July 1, 2023, and June 30, 2024, in Vaughan, Ont., reveals outdated property assessment values resulting from delayed provincial reassessments, is resulting in inequitable tax distributions for residential properties.

Toronto condo prices expected to continue to drop in 2025: Bullpen

Tyler Choi Condominiums Condominiums Toronto Jan. 9 2025

A deflating, bubble-like Toronto condo market spells more bad news for investors and developers as prices for unsold units are projected to continue to slide in 2025, according to data from Bullpen Research & Consulting.

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