2 Aug 2012

Property values increasing in Ontario

According to recent research conducted by the Municipal Property Assessment Corporation, the average sales price for residential properties in Ontario has increased 17 percent in the past four years, proving that the real estate market remains strong in the province.

A strong real estate market means more residents of Toronto may be looking to upgrade from their current homes. These people that are looking to move should research Toronto professional movers and packers that will take much of the legwork out of changing homes.

“This report is good news for most Ontario homeowners," said Larry Hummel, chief assessor of the MPAC. "It shows the average sale price of residential properties in most communities has increased since 2008 and that the real estate market continues to be strong. We have a vast amount of current, detailed information on residential sale prices across Ontario."

Residents of Toronto will get their property reassessed this year, with the MPAC planning to mail out  Property Assessment Notices in the fall. Hummel said these assessments will not necessarily mean an increase in sales taxes, it is dependent on a number of different factors.

Jiffy Self Storage, a leader in Toronto storage solutions, is currently running a contest on their website for a free iPad 3. Visitors to the site simply need to match a few Canadian landmarks and they'll be entered to win the iPad or one of several other prizes.

Be Sociable, Share!

Related Articles [3]

4 Tips For Fireproof Document Storage

March 3rd, 2017
We all have valuables that we would be devastated to lose in a fire. Some of them are keepsakes, some of them are worth a lot of money and some of them are important legal...

Why It's Important To Get Your Winter Tires

December 20th, 2016
As soon as temperatures drop below seven degrees Celsius, it's time to swap out your all-weather, or your summer, or whatever tires you have on your car and opt for winter...

2 Tips For Choosing The Right Packing Supplies

February 12th, 2016
Having a pre-prepared list of all of the packing supplies you will need to move your belongings into a storage unit or a new home will make the move much less stressful. For...

Leave a Comment

Recent Posts

Blog Categories


Subscribe to RSS Feeds
Essential SSL