Many Ontario municipalities have programs to provide tax relief to Heritage Property Owners. Municipalities pass by laws and can formerly designate properties of cultural heritage and interest. There are 30 municipalities that have tax relief programs.  Tax relief and grants are being offered to this growing section of the real estate market. The range of savings is 10 to 40 percent .

The three Programs are : Heritage Property Tax relief measure,.Direct Cash grants for rehabilation and restorations projects, and Muncipal tax back grants.

The property must be designated from the Ontario Heritage Act:

Please note programs vary from one muncipality to another:  You should  for more information contact your local municipal office to see if any of these programs are in place.

Excerpts of this article  Realtor Edge : Author of full article is  Mr. Robert  B Hulley

This summer is a posting to assist clients who may own a heritage property.

Information deemed reliable but not guaranteed.

Tags: Tax Releif

Posted under Tax Cuts for Homeowners

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