Alan Butcher

The appellant appealed the assessed value of her home for the 2017, 2018, and 2019 taxation years, which MPAC had returned at $1,151,000.

The appellant argued the property was in poor condition and over-assessed compared to similar properties.

The Assessment Review Board determined the current value of the property to be $1,065,000 after applying a $95,000 reduction for poor condition.

The Board further found that an equitable adjustment was warranted because similar properties in the vicinity were assessed below their current value.

Applying the median assessment-to-sale ratio of 0.814, the Board reduced the final assessed value to $867,000.

The appellants appealed the 2018 property assessment of their single-family detached home in Toronto, arguing the current value was too high and inequitable compared to similar properties.

MPAC estimated the current value at $380,000 based on the direct comparison approach and found no equity adjustment was required.

The Assessment Review Board determined the current value to be $381,317 based on the time-adjusted sale price of the subject property itself.

The Board found no evidence to support an equitable reduction.

Because MPAC did not provide notice seeking a higher assessment, the Board confirmed the returned assessment of $379,000.