Definition

Commercial properties are designed for general commercial occupancy and use, are used for business activities and include government and corporate offices, retail properties (for example, shopping centres, stores and restaurants) and accommodation properties (hotels and motels).

Assessment methodology

For more detailed information about how your property's assessed value was determined, review the assessment methodology guide for your property type.

2016 Downtown Offices

2016 Hotels and Motels

2016 Retail and Office Condominiums 

2016 Shopping Centres – Neighbourhoods, Power Centres and Box Retail 

2016 Suburban Offices 

Definition

The industrial group typically includes properties that are used for manufacturing, warehousing, distribution, contractors’ shops and other industrial purposes.

Assessment methodology

For more detailed information about how your property's assessed value was determined, review the assessment methodology guide for your property type.

2016 Industrial Condominiums

2016 Industrial Warehouses

Definition

Non-residential land properties are those that have been zoned for a variety of different uses: for example, industrial, commercial, multi-family and future development.

Assessment methodology

For more detailed information about how your property's assessed value was determined, review the assessment methodology guide for your property type.

2016 Agricultural, Development & Dual Use Land

2016 Commercial Land

2016 Industrial Land

2016 Multi-Residential Land

Definition

Properties within the multi-residential group include properties of four or more dwelling units, on one legal title. A common form of a multi-residential property is an apartment building.

Properties within this class also include fourplexes, low-rise and highrise apartment buildings and some townhouses.

Assessment methodology

For more detailed information about how your property's assessed value was determined, review the assessment methodology guide for your property type.

2016 Multi-Residential Fourplex

2016 Multi-Residential Highrise

2016 Multi-Residential Low-Rise

2016 Multi-Residential Manufactured Home Park Land

2016 Multi-Residential Row Houses

2016 Multi-Residential Land

Definition

A special purpose property is a unique property that was built to suit a specific purpose and, therefore, presents limited opportunities to be used in a way that was not originally intended. 

Most of the time, a special purpose property needs significant investment to be converted to an alternative use, making most conversions financially unfeasible. 

Properties in the special purpose group are, for example, churches, schools, manufacturing plants, prisons, museums, legislative buildings, recreational facilities and railways.

Assessment methodology

For more detailed information about how your property's assessed value was determined, review the following assessment methodology guide. 

The cost approach produces the most accurate assessment for properties that are not actively traded in the market place due to their features or use, or where there is insufficient income and expense data available to effectively apply an income approach, or where the property is under construction.

2016 Cost Approach