A Supplementary Tax bill is a bill issued by the City and reflects any additions or improvements made to a property.
Owners of new construction, residential or commercial, will receive a land only tax bill until such time as the “bricks and mortar” are assessed. Following assessment the Supplementary Tax bill will be issued and is effective from the date of occupancy.
It can take up to three years for a property to be assessed. Supplementary billings can occur anytime during the year and taxes for three years could be billed all within the same year and come due at the same time. For this reason, you are encouraged to start setting aside funds immediately following your purchase for the future supplementary tax bills.
In an effort to avoid a delay you can also phone the Municipal Property Assessment Corporation (MPAC) at 1-866-296-6722 to request an inspection of your property.