📣 Another remarkable milestone for #Ontario’s property inventory in 2024! 📣 🔨 Over $42.7 billion in new assessments captured, including new construction and improvements to existing properties. 🏘️ With nearly 5.7 million properties across the province, the total assessed value is now estimated at approximately $3.2 trillion (based on January 1, 2016 assessed values). 📋 These changes are outlined in the annual assessment rolls delivered to Ontario’s 444 municipalities, providing a consistent basis for property taxation and powerful data to support informed decision-making. 📊 Explore more #MPACdata and #MPACinsights: https://bit.ly/4fZJ9r8.
Municipal Property Assessment Corporation
Government Administration
Pickering, Ontario 11,370 followers
Creating value, together.
About us
The Municipal Property Assessment Corporation (MPAC) is an independent, not-for-profit corporation funded by all Ontario municipalities. Our role is to accurately assess and classify all properties in Ontario. At MPAC, we know that maintaining work life balance is the key to fostering employee health, happiness and productivity. We offer generous vacation allowances, a self-funded leave program and flexible work arrangements to help ensure employees’ unique needs are met both at work and at home. For more information, visit mpac.ca
- Website
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http://www.mpac.ca
External link for Municipal Property Assessment Corporation
- Industry
- Government Administration
- Company size
- 1,001-5,000 employees
- Headquarters
- Pickering, Ontario
- Type
- Government Agency
- Founded
- 1998
- Specialties
- Property Classification & Valuation, Property Appraisal, and Information Technology
Locations
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Primary
1340 Pickering Parkway
Pickering, Ontario L1V 0C4, CA
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Employees at Municipal Property Assessment Corporation
Updates
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Have you received a notice in the mail from us with information about your property's assessed value and classification? 🏡 To learn more about our most common types of notices and the reasons why you may have received one, visit www.mpac.ca/notices. 📄
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Our Property Pulse Dashboard in #AboutMyProperty gives current homeowners access to the latest residential sales data for Ontario's detached and semi-detached homes, townhomes, condos, and waterfront properties. 🏡 Start exploring: www.mpac.ca. #MPACdata #MPACinsights
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Learn about your property assessment and more with #AboutMyProperty – our free online tool for Ontario property owners! 🏡 Log in or sign up at www.mpac.ca to start exploring. 🔑
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The Township of King in York Region (The Regional Municipality of York) saw the largest new single-detached homes built between 2020 and 2024, with a median size of 4,716 square feet, followed by #NorthYork in the City of Toronto which featured new builds with a median size of 3,824 square feet. Curious about regional patterns and how home sizes stack up across Ontario? Discover more municipalities that made our top 10 lists: https://bit.ly/4gfbrPv. #MPACinsights #MPACdata
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At the heart of what we do is the goal of helping municipalities cultivate vibrant and resilient communities across Ontario. 💙 Our 2024 Municipal Partnerships Report [https://bit.ly/3DtTwpo] highlights our commitment to collaboration as we work together with our municipal partners to create value and drive positive change for today and the future.
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#OntarioRealEstate professionals: Join our upcoming training webinars to learn how property assessment works and how to get the most out of MPAC’s data products customized for #OntarioREALTORS®. 💡 Explore our free expert-led sessions and register at https://lnkd.in/gwSBJ8i6.
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If you're a property owner—who recently received a Property Assessment Notice—and disagree with the assessed value, you can file a Request for Reconsideration (RfR) for free using #AboutMyProperty on www.mpac.ca. The deadline to file an RfR for the 2025 property tax year is March 31, 2025.