Steven Smurlick

The appellants appealed the property assessment of their fourplex in Toronto for the 2013, 2014, and deemed 2015 taxation years.

MPAC proposed an assessed value of $1,106,000, while the appellants argued for a value of $825,000 based on comparable sales and negative locational factors such as an adjacent service station and high traffic.

The Assessment Review Board found that MPAC had already made substantial allowances for the locational factors and that the comparators supported MPAC's proposed value.

The Board reduced the assessment from $1,378,000 to $1,106,000 and found no further adjustment was required for equity.