Vacant Unit Property Tax Rebate Program and
Vacant/Excess Land Property Tax Reduction Program Survey

As directed by City Council, the City of Toronto is studying the implications of eliminating the Vacant Unit Property Tax Rebate Program. The City of Toronto is also soliciting input from the business community on the current tax reduction that applies to vacant and excess commercial and industrial lands.

Council has advised that any increased revenues be directed to poverty reduction, retail area improvements and deficit reduction. Feedback is being solicited from industrial and commercial property owners, the business community and non-profit communities, in addition to the general public.


 

What is the Vacant Unit Property Tax Rebate Program?
Introduced in 2001, the Property Tax Rebate for Vacant Commercial and Industrial Buildings provides property tax relief, through an application process, to owners of vacant commercial and industrial buildings. This program is governed by Section 331 of the City of Toronto Act, 2006. The current rebate percentage is 30% of the property tax for vacant commercial space and 35% for vacant industrial space. On average, the City of Toronto rebates approximately $45 million annually to qualifying property owners, about half of which is for the Provincial portion.


What is the Vacant Land/Excess Land Property Tax Reduction Program?
The vacant land and excess land subclass tax reduction applies to commercial or industrial lands that are either vacant or are not being used for business purposes and is applied automatically. The tax reductions for the vacant and excess land subclass tax reductions total approximately $13.9 million. Of this total tax reduction, the City portion is $4.9 million and the provincial education portion is $9 million.

 

Note: This survey is intended to be anonymous.

Please do not include any personal information when answering the survey questions.


If you prefer to give your feedback by phone please contact: Sal Vivona at 416-397-5315.

Thank you for taking the time to complete a survey about these programs.