Appealing your Municipal Property Assessment Corporation (MPAC) is a formal process that allows property owners to dispute the assessed value of their property. The MPAC is responsible for assessing the value of all properties in Ontario, and these assessments are used to calculate property taxes. If you believe that your property has been assessed at an unfair value, you can file an appeal with the MPAC.
There are several reasons why you might want to appeal your MPAC assessment. Perhaps you believe that your property is worth less than the MPAC has assessed it for. Or, perhaps you believe that your property has been assessed unfairly in comparison to similar properties in your neighborhood.
Appealing your MPAC assessment can be a complex and time-consuming process, but it can also be successful. If you are successful in your appeal, you could save money on your property taxes.