Property Income and Expense Return

Overview

The Municipal Property Assessment Corporation (MPAC) is responsible for determining the assessed value of every property in Ontario for the purposes of municipal and education taxes.

While property assessments are updated on a four year cycle, MPAC collects property information annually to ensure data accuracy, data currency and to review and maintain records on property and market changes to inform the next Assessment Update.

In 2016, MPAC made improvements to how we collect this information by launching the Property Income and Expense Return available through aboutmyproperty.ca. This online tool provides a convenient, efficient and accurate way for property owners to submit their information, while allowing MPAC to capture the key data required to deliver accurate and consistent assessments.

In 2018, we are expanding the Property Income and Expense Return program to enable more property owners to submit their property income and expense information to MPAC online. More information about this year’s Property Income and Expense Return program will be available soon. Please check back in the coming weeks.

Suggestions? We want to hear them!

MPAC is committed to working with property taxpayers to ensure property values are based on up-to-date and accurate information and that the information request process is as easy and efficient as possible.

We are continually looking for opportunities to improve how we collect this information. If you have suggestions, please email us at pier@mpac.ca.

Information on this page may not be fully accessible. Please contact us at 1 866 296-6722 or TTY 1 877 889-6722 to determine how we can best accommodate you.

Note: The applicable law prevails to the extent there is any conflict between this information and the current law. This information is not intended to provide legal advice and should not be relied upon as such.