Tell me, how does a city like Mississauga deal with so much development, have lower taxes than us, and continue to stay out of the red?
Mississauga and the rest of the 905 have lower commercial taxes, but higher residential taxes than the 416.
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Tell me, how does a city like Mississauga deal with so much development, have lower taxes than us, and continue to stay out of the red?
Toronto actually has the lowest residential taxes there by a considerable margin, 0.7711981, compared to the next lowest which is Markham which is 0.905489.
'Comparable house on comparable lot on comparable street'. A lot of Toronto's housing stock is much older, and on much smaller lots, than equivalent housing in Markham. Averages are a superficial and often misleading way to do summary level comparisons of data which includes numerous diverse data points.Completely wrong ... Markham's average property value in nearly the same as the city of Toronto. Toronto does have a lower residential tax rate.
I don't understand how Mod Developments can spend tons of money on restoration, market and sell the majority of the units and still be cocky confident when faced with a Refusal Report from city planning.
Someone please enlighten me to what's really going on with Massey Tower.
'Comparable house on comparable lot on comparable street'. A lot of Toronto's housing stock is much older, and on much smaller lots, than equivalent housing in Markham. Averages are a superficial and often misleading way to do summary level comparisons of data which includes numerous diverse data points.
A front page story is in the works.
Done.
http://www.urbantoronto.ca/news/2013/02/massey-tower-brushes-against-resistance-approvals-process
That should give you an overview of what's going on with Massey Tower.
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Done.
http://www.urbantoronto.ca/news/2013/02/massey-tower-brushes-against-resistance-approvals-process
That should give you an overview of what's going on with Massey Tower.
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