Eric Chicoine

The appellant appealed the property assessment of a commercial property in Thunder Bay for the 2019 to 2022 taxation years.

The parties agreed on the classification, the use of the cost approach, and the land value, but disputed the costing of the roofing material and whether an equity adjustment was required for the land value.

The Assessment Review Board accepted MPAC's costing system (ACS) over the appellant's proposed RSMeans manual, finding that using a different system for a single item would introduce inequity.

The Board also found that no equity adjustment was required, as MPAC's assessment-to-sales ratio study demonstrated no inequity and the appellant's comparable properties were not sufficiently similar.

The assessments were reduced slightly based on pre-hearing agreements, but the appellant's further requested reductions were dismissed.