VACANCY TAX (Empty Homes Tax)
In order to decrease the number of empty homes and increase available supple, a rate increase from 1% to 10%
of a property’s assessed taxable value will be implemented.
If a property owner doesn’t pay the empty house tax by the next fiscal, the house, condo or townhouse will go up for auction and sold to locals only.
An addition maintenance cost will be charged to the owner of an empty home that has:
an unkept yard
ice on the sidewalk
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