Want to understand more about property assessment and how it's calculated? Here's what you need to know.
Municipal services (snow removal, sports and recreation, etc.) are largely financed by property tax revenues.
This tax is calculated in proportion to the real value of each building on the property assessment roll. This tax is used to distribute the cost of municipal services among property owners.
The Ville de Montréal is responsible for property assessment and for updating the assessment rolls for the entire Town of Mount Royal, in compliance with the Act respecting municipal taxation and the relevant regulations.
See also our Taxation web page for further information.
The assessment roll, which represents the inventory of all properties in a given jurisdiction, indicates the value of each property on the basis of its actual or commercial value, within the meaning of articles 43 to 45 of the L.F.M. It covers all the residential, commercial, industrial, institutional, agricultural and vacant properties. The values which are registered take account of the real market values on July 1 of the second fiscal year preceding the first for which it is conceived.
If no modifications are made to the property, these data are valid for the duration of the triennial roll. The latest assessment roll for the City of Montreal was submitted on September 14, 2022. The values it contains reflect market conditions as at July 1, 2021. It is the basis for your 2023, 2024 and 2025 tax bills.
The value entered on the assessment roll corresponds to the real value of your property, which is always in a free market open to competition. It is therefore the most probable selling price that a potential buyer could pay in a private treaty sale.
List of property sales within the TMR territory over the years.
90 Roosevelt Avenue, 2nd Floor
Mount-Royal, Quebec H3R 1Z5
90 Roosevelt Avenue, 2nd Floor
Mount Royal, Quebec H3R 1Z5
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