Property Assessments

Property Assessments are determined by the Municipal Property Assessment Corporation (MPAC).

MPAC performs a province wide valuation of property approximately every four (4) years. The last four (4) year cycle was 2017-2020. Property owners will receive a notice from MPAC stating the assessment value of their property over a period of four (4) years. These amounts are used by the Town of Lakeshore to calculate taxes. The next valuation date is January 1, 2019. This means 2021-2024 assessment values will be based on the province wide valuation done in 2019.

The notice will provide login information for “About My Property”  which will allow you to view the details of your assessment.

If you have questions or concerns regarding the notice, About My Property or your assessment in general, please contact MPAC.

Farm Land Classed as Residential

Residents with Farm land that has been classed as Residential will need to contact Agricorp to apply for the Farm Property Class Tax Rate Program. Once approved, the information will be sent to MPAC for a change in the assessment class. When MPAC have completed the change, the information will be provided to the Town and an adjustment to the property tax account will be completed.

Assessment Adjustments Applications

Section 357 and 358

Section 357 and 358 Application allows for the reduction, refund or cancellation of the taxes. Applications may be submitted for the following reasons:

• Ceased to be liable to be taxed at rate it was taxed
• Became exempt
• Razed by Fire, Demolition or Otherwise
• Damaged and Substantially unusable
• Sickness or Extreme poverty
• Gross or manifest clerical/factual error
• Repair/Renovations preventing normal use

This form must be submitted to the Town of Lakeshore by February 28th of the year following the year for which the application is made. Applications are accepted using the following methods:

Mail to: Town of Lakeshore C/o Revenue Department

419 Notre Dame Street, Belle River, ON, N0R 1A0

Email to: taxes@lakeshore.ca

Fax to: 519-728-9530

Once MPAC has completed the re-assessment, the Town is provided with the documentation of the changes. As per the Municipal Act, notification is sent to the property owner of the revised assessement and the reduction of the taxes billed will be calcuated. This revised assessment and reduction of taxes is subject to Council approval and the owner will have the opportunity to attend the Council meeting to speak to the revision if they so choose. Once approved adjustments will be made the property tax account and the owner will be eligible for a refund or the credit will remain on the account. 

Council Meetings for approval of Section 357 and 358 adjustments will take place in March and September.

Vacancy Rebate Program

The Vacancy Rebate Program for Commercial and Industrial properties with vacant units has been eliminated. The Town of Lakeshore will no longer accept applications.