Tribunals Ontario
Tribunaux décisionnels Ontario
Assessment Review Board
Commission de révision de l’évaluation foncière
ISSUE DATE: December 23, 2021
Assessed Person(s): Barbara J. Beatty
Appellant(s): Barbara Beatty
Respondent(s): Municipal Property Assessment Corporation Region 09
Respondent(s): City of Toronto
Property Location(s): 29 Sunnydene Crescent
Municipality(ies): City of Toronto
Roll Number(s): 1908-081-080-09100-0000
Appeal Number(s): 3435302 and 3441295
Taxation Year(s): 2020 and 2021
Hearing Event No.: 753391
Legislative Authority: Section 40 of the Assessment Act, R.S.O. 1990, c. A.31
APPEARANCES:
Parties
Representative
Barbara Beatty
Surin Toor
Municipal Property Assessment Corporation
Carlo Bassi
City of Toronto
No one appeared
HEARD: November 16, 2021 by telephone conference call
ADJUDICATOR(S): Christopher Voutsinas, Vice-Chair
DECISION
OVERVIEW
1Barbara Beatty (the “Appellant”) is the owner of 29 Sunnydene Crescent, Toronto (the “Subject Property”). The Appellant was represented by Surin Toor who took the position that the assessment was too high for the 2020 and 2021 taxation years.
2The Municipal Property Assessment Corporation (“MPAC”) was represented by Carlo Bassi who took the position that the current assessed value of $3,014,000 should be confirmed.
3No one appeared on behalf of the Municipality.
Areas of Agreement
4The parties agreed to the Time Adjustment Sales methodology and resulting time adjustment factors presented by MPAC.
Issues for the Hearing
5At issue in this proceeding:
What is the current value of the Subject Property for the 2020 and 2021 taxation years?
Is an equity reduction of the current value required, and if so, how much?
Result
6The Board estimated a current value for the Subject Property higher than the current assessment. However, MPAC did not make a request to seek a higher assessed value and sought only to confirm the current assessed value. As such, the Board confirms the Subject Property’s current assessed value of $3,014,000 in the residential property class for the 2020 and 2021 taxation years.
7The Board finds that with reference to similar lands in the vicinity, no equitable reduction of the current value is necessary for the 2020 and 2021 taxation years.
ANALYSIS
Description of Subject Property
8The Subject Property is a single-family detached residence located at 29 Sunnydene Crescent in the Lawrence Park neighbourhood of the City of Toronto. The residence, built in 1962, comprises a two-storey brick building with a built area of 3,072 square feet (“sq. ft.”) situated on a land lot of 20,608 sq. ft. MPAC has assigned a quality of construction to the property of 7.5 out of a possible 10. The property abuts a ravine.
Issue 1 – What is the current value of the Subject Property?
9Section 19(1) of the Assessment Act (the “Act”) provides that the assessment of land shall be based on its current value. Section 1 of the Act defines current value as “… the amount of money the fee simple, if unencumbered, would realize if sold at arm’s length by a willing seller to a willing buyer”. For the 2020 and 2021 taxation years, the valuation date is