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  • UNDERSTANDING YOUR ASSESSMENT
    • 2020 Property Assessment Notice
    • Reading your property assessment notice
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    • Compare property values
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    • Three approaches to value
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  2. Understanding Your Assessment

Understanding Your Assessment

MPAC is responsible for assessing and classifying more than five million properties in Ontario. The property assessments we provide are what municipalities use to base the property taxes needed to pay for community services. The information in this section will help you better understand your property assessment.

2020 Property Assessment Notice

The update has been postponed, but we continue to review properties.

Reading Your Property Assessment Notice

Your notice shows the assessed value of your property.

Compare Property Values

Learn how your property compares to others in your neighbourhood or local area using our...

Property Value and Property Taxes

Learn how your property value impacts your property taxes.

How Sales Affect Your Property Assessment

Learn more about how we use sales to determine your property’s value.

Three Approaches to Value

We use one of three approaches to establish your assessed value.

The Assessment Cycle

Due to the COVID-19 pandemic, the Ontario government has postponed the 2020 Assessment Update.

Information Disclosure for the 2016 Update

Learn about our three levels of disclosure for the 2016 Assessment Update.

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.

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2021 MPAC. All rights reserved.
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