Fighting tax reassessment of commercial property
Background: Someone I know owns a commercial lot in Toronto. They have 4-5 commercial tenants and some commercial parking spots for rent.
Problem: The City of Toronto just did a reassessment. They deemed part of the land "residential", not commercial. The land in question used to have a house on it. But this was decades ago, and the house was demolished. Now they have to pay an extra 15k+ in taxes.
Any info/thoughts on filing a reconsideration?
Posted Jan 14, 2026, 12:11 AM UTC
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