Real Estate Consulting Services

Property tax is calculated by multiplying your property’s assessed value by the municipal tax rate.
● Assessed Value: Determined by your municipality’s assessor, based on market conditions
● Tax/Mill Rate: Set by local governments and may include additional fees for local services

The potential savings a property tax consultant can bring to your Canadian business range from 6% to 12%, depending on:

● The accuracy of your current assessment: If your annual property tax liability is above $200,000 you could obtain an average of 12% reduction in property taxes. A consultant will analyze the assessment and identify discrepancies compared to the property’s true market value. Savings can vary significantly based on the specific context of the property.

● Property Type and Location: Different property types (commercial, industrial, office) and locations (urban, rural) have varying valuation methods used by local assessors. Consultants understand these nuances and can identify areas where the assessment might be inaccurate.

● The expertise of the consultant: An experienced consultant with a proven track record in your specific province and property type is crucial. Their knowledge of local market trends and negotiation skills can significantly impact savings.

Leyton’s team of experienced property tax consultants in Canada has a history of achieving substantial reductions for our clients.

There are numerous advantages to perform a property tax review in Canada, potentially leading to significant cost savings and a more streamlined process. Here’s a closer look at the key benefits:

● Reduced Tax Bills: This is the most significant advantage. Leyton’s experienced consultants can analyze your property’s current assessment and identify areas of potential discrepancy compared to its true market value. By effectively negotiating your case with local municipal assesors, they can help you achieve a lower assessed value, translating directly to a reduced property tax bill.

● Fairer and more accurate assessments: Municipal assessments aren’t infallible. Leyton’s property tax valuation consultants possess in-depth knowledge of local market trends and valuation methods used by assessors. They can meticulously review your assessment and identify any inconsistencies, ensuring your property isn’t unfairly overvalued.

● Saved time and fewer administrative
burdens: Appealing a property tax assessment can be complex and time-consuming. Leyton’s consultants handle the entire process, saving you valuable time and alleviating the stress associated with navigating bureaucratic procedures. They will gather and present evidence to support your appeal, ensuring it’s filed correctly and on time.

● Improved cash flow for reinvestment: By potentially lowering your property tax burden, you free up crucial capital for other business needs. Increased cash flow can be channeled towards investments in growth initiatives, marketing strategies, or operational improvements.

Fill out the form at the top of this page. One of our consultants will contact you to discuss your case.

In Canada, the terms “realty tax” and “property tax” are often used interchangeably. Leyton specializes in taxes applied to real estate (land and buildings), not personal property or equipment.