PROPERTY TAX CALCULATION  

 

How are Ontario property taxes calculated? 

 

The calculation of property taxes involves determining the Current Value Assessment of a property, which is provided by the Municipal Property Assessment Corporation (MPAC). This assessed value is then multiplied by the combined tax rates for both the municipal and education components, based on the specific class of property to which it belongs. 

 

Contact your tax assessment office to see if an adjustment was made to your taxes due to the watershed infringement.

 

REALTORS WERE NOT OFFICIALLY NOTIFIED ABOUT REAL ESTATE VALUE LOSSES

 

Real estate agents determine a property’s worth by examining the sales and listings of comparable properties in the vicinity. Over time, these prices establish a standard in the area, in our case, the watershed will affect an entire area. An infringement, being a watershed or any encumbrance affecting these properties becomes publicly acknowledged, it is often too late and has lead to a slow and steady decline in the market value in that area. Often, landowners remain unaware of the watershed effect until they compare their land with other unencumbered properties.

 

The failure of government officials to disclose these facts has resulted in similar properties selling for significantly higher amounts, causing potential losses of around $100,000 and more to watershed-affected properties. This fact should have been disclosed by the risk management group. We, the undersigned real estate brokers and agents, deeply value and adhere to the principles outlined in the following mission statement:

 

MISSION:

 

Our mission is to deliver exceptional real estate services that exceed clients’ expectations. We aim to become leading sales representatives by offering innovative solutions, personalized attention, and the utmost professionalism in all our interactions. Building strong relationships based on honesty, integrity, and transparency with our clients, employees, and partners is our commitment. We believe our success is tied to the success of our clients and communities, and we actively support local initiatives for sustainable growth.

 

Recently, we discovered that a federal watershed study program had been implemented in numerous jurisdictions, across Canada. Unfortunately, realtors were not officially informed by the authorities. This lack of transparency undermines our dedication and credibility as addressed in our mission statement.

 

We want to reassure all current, past, and potential clients that this oversight is due to the absence of information and directives from our municipal representatives. We, the undersigned, were never formally notified about the potential decline in property value and equity for any subject property. Furthermore, we were not provided with an opportunity to engage in an appeal process, and any legal action resulting from this matter will be directed toward the responsible parties for their negligence.

 

We, the undersigned, sincerely apologize for any inconvenience caused by this lack of transparency. Rest assured, we are committed to upholding our promise to our clients and ensuring a fair and balanced property market.

 

 

SATELLITE IMAGERY

 

ACCURACY:  For an accurate calculation with the DIY method it is best to enlarge the imagery to full page.

 

For a landowner to acquire the green and brown satellite overlay of the family property he or she must contact the local planning department or their preferred realtor and have them email the document to the landowner along with the actual satellite image of the property features. This will allow a landowner to highlight areas that are obviously unusable although engineering solutions are always available. Not that they will suggest any. They may refer you at your expense elsewhere.  OR   have your realtor deal with it.  What a control scam. 

 

The senior planner at Severn did email the overlay to the Tait family. At no time was a URL or public site given to the Tait family. Numerous emails and FOIA requests were issued with no simple access or engineering solutions.    Wake up and sign up.

 

 

ILLUSIVE SATELLITE IMAGERY        

 

IF YOU ARE HAVING TROUBLE GETTING WHAT YOU NEED CONTACT YOUR WARD COUNCILLOR. THEY KNOW, AND SHOULD KNOW WHAT IS GOING ON. THEY SHOULD ASSIST LANDOWNERS WITH THIS WATERSHED DEBACLE. GET RID OF IT OR COMPENSATE US.  FIND OUT IF THEY TOO WERE NOT OFFICIALLY NOTIFIED.       

 

INFORM YOUR ALL YOUR FRIENDS. AS FRIENDS SHOULD.

 

 

THE PERCENTAGE OF ENCUMBERED PROPERTY  

 

Example: If there are 400 total squares within your property boundaries, what percentage would a 300-square watershed zone represent?

 

300 out of 400 squares would account for 75% of the total area zoned unusable.

 

This situation significantly undermines our property values, and we were not informed about it.

 

JOIN THE LIST OF PLAINTIFFS IF YOU QUALIFY 

POTENTIAL EQUITY LOSSES – ARE LOSSES INCURRED DURING PROPERTY DEVELOPMENT.

 

If the infringement has resulted in property owners and their family members abandoning development plans due to a lack of required transparency from planning authorities, it has caused significant stress and grief. The question arises, where is the peaceful occupation of our properties?

 

Builders can guidance on the potential profit/loss resulting from the development, taking into account the original costs and up to today’s prices, along with the accrued interest.

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