Golf Course Assessments

There are different types of golf course ownership and operations. For example:

daily fee or exclusive courses
private, semi-private, executive, resort
simple check-in or high security

Golf courses also offer a range of services including:

restaurants
pro shops
concessions
locker rooms
other recreational facilities (e.g. tennis courts, swimming pools)

How your golf course is assessed

MPAC primarily uses the income approach to value golf courses, which is based on the present worth of anticipated future income.

To establish the current value of a golf course, we:

Estimate the annual revenue that can be generated by your course
Subtract the operating expenses.
Apply a capitalization rate to the course's net income to estimate the current value of your property.

To learn more, review the methodology guide.

Assessment Information Requests

ach year, MPAC collects financial and operating expense information from income generating properties as part of our Property Income and Expense Return, the largest data collection campaign under our Assessment Information Request Program. This annual initiative is crucial to our efforts to maintain accurate property records, deliver quality assessments, and inform changes to Ontario’s property landscape.

For general information about Assessment information requests, visit mpac.ca/AIR. For more information, including submission resources, deadlines and compliance requirements, visit mpac.ca/PIER.