Taxes and property valuations

Property valuations

PDF presentation for the October 13, 2022 Public information session

The assessment roll is an inventory of all the buildings and land in the territory of a municipality. It contains a variety of information and states the real value of each property in the territory. It is therefore the assessment roll that provides the basis for calculating municipal and school taxes and distributes the tax burden among property owners.

The Act Respecting Municipal Taxation stipulates that new assessment rolls must be deposited every three years. This allows the taxation base to be kept current, based on conditions in the real estate market, which are changing constantly. This means that unless changes are made to the property, the real value on the roll will remain the same for its duration, that is, three years. The values on the roll take into account the real market values on July 1 of the second fiscal year of the preceding triennial roll.

Property valuations 2023, 2024, 2025

The latest assessment roll for the City of Côte Saint-Luc was deposited by the City of Montreal Evaluation Services on September 14, 2022. The values it contains reflect the current market conditions and will be the basis for municipal tax and transfer duties invoices for the 2023, 2024 and 2025 fiscal years.

You can consult the Evalweb website to obtain information regarding your property. Note: This online service is provided by the Agglomeration of Montreal and we regret that it is only available in French. You may visit or call Côte Saint-Luc City Hall weekdays from 9 am to 12pm and 1 pm to 4 pm to request your information.

Changes in values by building category

Each assessment reflects what was considered to be the fair value of the property (residential and non-residential) according to market conditions as at July 1, 2021. Any change in value is determined by changes in the real estate market and the addition of new constructions or improvements to existing buildings. As a result, the overall value of Côte Saint-Luc’s real estate portfolio increased by 37.8% compared to the previous roll. More specifically, the residential sector increased by 38.9%, the non-residential sector by 30.0% and the value of vacant land increased by 35.9%.

The average value of a single-family house in Côte Saint-Luc is now $985,100 and the average value of a condominium is $526,900.

The changes in values by building category can be summarized as follows:

Residential

Single-family homes 41.7 %
Condominium 35,8 %
2 to 5 dwellings 33.4 %
6 or more dwellings 38.0 %

Non-residential

Desks 6.0 %
Shopping centres -0.4 %
Other commercial 24.9 %
Institutional 37,6 %
Industries 25,0 %
Vacant land 35,9 %

The impact of the new assessment roll on your tax bill

A higher property value does not necessarily mean higher property taxes. Tax rates will be adjusted to offset most of the increase in property values. Keep in mind that if the percentage increase for your residential property is greater than the average of 38.9%. or if you have had renovation or construction work done, your municipal taxes will increase compared to 2022.

How do you verify the value of your property?

To find the new valuation of your property, you can consult the City of Montreal website at https://servicesenligne2.ville.montreal.qc.ca/sel/evalweb/index or visit Côte Saint-Luc City Hall during office hours (weekdays between 9am-12 pm and 1pm to 4pm).

You disagree with the assessment of your home?

If you disagree with the new valuation for your property that comes into effect on January 1, 2023, you will have until April 30, 2023 to apply for an administrative review of the assessment of your property with the City of Montreal Property Evaluation Service.

Use the official review application form,available on the City of Montreal’s website Apply for a review of the municipal assessment roll page or contact Côte Saint-Luc’s Taxation Services at [email protected] or 514-485-6800 514-485-6800, select #7.

Market value of properties that were part of a receent sale in your neighbourhood

In addition to viewing the new valuation for your property, you can also view the sales of residential properties with five dwellings or less in your neighbourhood on the EvalWeb website. This service has been updated with the latest sales, which were used as a benchmark to determine the new valuations.

Prior to requesting an adjustment to the assessment roll, we recommend that you recent sales of comparative properties at View property sales in your area (montreal.ca). In order to access this service,you will be required to enter a five-digit code (PIN). The PIN will be mailed to you with your notice of property assessment form in mid-November 2022.