New Assessments In Mail For Brampton Properties

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New Assessments In Mail For Brampton Properties Brampton: Many Brampton residential property owners have recently received updated property assessments in the mail. And if some of you are fuming because your property taxes are going up, then the City of Brampton, wants you to know, it has nothing to do with it, but the increase is entirely courtesy the Province and the ruling Liberals. The city points out that a Provincial Body called, Municipal Property Assessment Corporation (MPAC), undertakes this exercise every four years, and its role is to accurately value and classify all Ontario properties including residential, multi-residential, commercial, industrial, and farms.

MPAC analyses property sales in each area to determine the assessed value. Other factors included in the analysis include location, lot dimensions, living area, age of the property and quality of construction. A property assessment is conducted every four years with the last province-wide assessment being completed in 2008.

As a property owner, you can obtain detailed information about your property, and information on up to 24 additional properties of your choice free of charge by visiting MPAC’s website at www.mpac.ca.

If you have not received your property assessment or have questions about your assessment, contact MPAC directly at 1.866.296.6722 or email at enquiry@mpac.ca.

If you disagree with the assessment value assigned by MPAC on your residential property, you may file a Request for Reconsideration with MPAC. If you are not satisfied with the results of the reconsideration you may then submit an appeal to the Assessment Review Board (ARB). Request for Reconsideration application forms can be found at MPAC’s website at www.mpac.ca. ARB appeal forms can be accessed at their website www.arb.gov.on.ca.