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Who we are
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About MPAC
We are Ontario’s property market experts. Our job is to value and
classify over 5.6 million properties across the province and build an accurate property inventory.
We do this by analyzing the market through review of sales information, rental data and construction costs, reviewing property sales information, inspecting properties, supporting property owners, and responding to Requests for Reconsideration and assessment appeals.
The work MPAC does is an input for government programs, business decisions and property transactions.
Municipalities use MPAC assessments to power local investments in important services like emergency services, libraries, water and roads. Our data also helps identify property changes and market trends in Ontario’s communities to propel decisions about where and what to build for future generations.
How municipalities calculate your property tax
Government of Ontario
Establishes the province’s assessment and taxation laws and decides education tax rates.
MPAC
Determines property assessments for all properties in Ontario and shares them with municipalities.
Municipalities
Determine revenue requirements, then use MPAC’s assessed values to set municipal tax rates and collect property taxes to pay for municipal services.
Property Owners
Pay property taxes which fund services in their community, and education taxes to the Province.
“I have had the opportunity to work in private industry, municipal government and with assessment authorities across Canada. MPAC has continuously stood out to me as the premier assessment organization that takes tremendous pride in its work.”
Kyle S.
MPAC Employee
The work we do:
2023 at a glance
$146,230,246,071
dollars in total property value in Ontario.
0
building permits.
0
sales transactions were completed.
0
sales reviews completed.
0
farm properties were reviewed as part of program updates to the Farm Forestry Exemption.
0
severances and consolidations were processed.
$42,000,000,000
dollars in new assessment added to municipal rolls.
0
Property Assessment Notices mailed out.
0
total properties in Ontario’s property inventory.
0
properties were inspected to keep Ontario’s property inventory up to date.
0
property owners contacted us via phone calls, emails and chats.
0
appeals were closed.
0
Requests for Reconsideration were closed.
2023 ASSESSMENT ROLL
New Assessment by Property Type
In 2023, MPAC captured more than $42 billion in new assessment. New assessment refers to new construction and/or additions to existing property that have been recently completed and assessed during the year.
Residential
$0B
2023
2022
$20.5B
Residential Condominums
$0B
2023
2022
$8.1B
Commercial
$0B
2023
2022
$2.3B
Industrial
$0B
2023
2022
$2.3B
Multi-residential
$0B
2023
2022
$2.5B
Farm
$0B
2023
2022
$1.1B
Special Exempt
2023
$0M
2022
$783.8M
Managed Forest/Conservation
$0M
2023
2022
$60.2M
See our full 2023 Assessment Roll Snapshot below
MPAC Success Stories:
Our Record Year
Ontario’s property inventory continued to grow in 2023, with more than $42 billion in assessment from new builds and improvements to properties. This marks a record year for Ontario.
Residential homes, including condominiums, accounted for more than $31 billion of this increase, while commercial and industrial properties contributed more than $6 billion, which is an increase of 31.5 per cent from 2022.
The value of Ontario’s property inventory is now estimated to be approximately $3.14 trillion. These assessments generate approximately $30 billion in revenues each year to support municipalities and school boards.