Log in
Forgot password

  


Ottawa Multifamily Property Taxes Calculation

  • Mon, August 05, 2024 12:23 PM
    Quote
    Reply # 13390375 on 13389913
    Christian Szpilfogel (Administrator)

    Up to 6 units is residential class. 7+ is MUR. The MUR rate is about 40% more than residential. There is an exception for more recent large builds which has a "New MUR" class that is at the same mill rate as residential. So it will depend on the building.

    In my experience, if you want to add a unit and you are at 6 units already, you will need to get it to 10 units or it won’t be worth it.
  • Sat, August 03, 2024 5:29 PM
    Quote
    Message # 13389913
    Adam Wojcicki

    Hello everyone,

    I'm looking at a few multifamily properties in Ottawa, where additional units can be added within the buildings basement space. 

    However, I noticed the property taxes seem to spike at a certain unit count. I am trying to confirm if that spike occurs when going from 6 units to 7 units. Or from 7 units to 8units.

    Thank you in advance, 

© 2014 OREIO ALL RIGHTS RESERVED | Design by Takeover Digital