Owners of properties in Toronto that are classified within the residential property tax class are required to declare occupancy status every year. The deadline to declare is February 29, 2024.
Here’s a link to where you submit your declaration:
https://www.toronto.ca/services-payments/property-taxes-utilities/vacant-home-tax/
Note: The goal of the Vacant Home Tax (VHT) is to increase the supply of housing by discouraging owners from leaving their residential properties unoccupied. Homeowners who choose to keep their properties vacant will be subject to this tax.
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