City of Toronto Property Taxes Increase in 2025 Budget
Toronto’s 2025 Budget proposes a 6.9% residential tax hike to fund transit, affordability, and climate action in a $59.6B 10-year plan.
residential
Quartet of Residential High-Rises Would Replace Offices at Burnhamthorpe and 427
Four 23-storey residential towers have been proposed at 10-21 Four Seasons Place, northeast of the Burnhamthorpe Road and Highway 427 interchange in Etobicoke’s Eatonville area. Designed by Arcadis for Fana Group, the towers would replace four office buildings.
Toronto’s proposed 2025 budget includes 6.9% property tax increase
The hike would also include a tax increase of 5.4% on residential properties, which would cost $210 more annually for an average home with an assessed value of $692,031
Five men accused of half-dozen residential break-ins across GTA
Five men from Chile are facing charges following a series of residential break-ins across the Greater Toronto Area.
Proposal Quadruples In Height Across From Long Branch GO
Revised plans in Etobicoke’s Long Branch neighbourhood for a residential tower quadruple the previously proposed height to 43 storeys. The resubmission has an increased footprint with the acquisition of adjacent properties. The proposal is across from Long Branch GO station.