PICKERING, ON, July 25,
2024 /CNW/ - As Ontario's property market experts,
the Municipal Property Assessment Corporation (MPAC) launched the
Property Pulse Dashboard today, a new tool that empowers homeowners
to make informed decisions about their residential properties.
The Dashboard provides property owners in Ontario with the latest residential sales data
at their fingertips. Through AboutMyProperty™, a free online tool
for homeowners, all Ontarians owning property can easily access and
explore residential sales data by municipality and property type
(including single-detached, semi-detached, townhouse, condominium,
or waterfront properties).
Ontarians can also use the "compare" feature to analyze sales
information across up to five municipalities simultaneously. They
can customize their search based on sales year/month, the year the
property was built, and its square footage, ensuring they find
exactly what they need.
"We are enhancing the information we provide property owners,
allowing them to gain a better understanding of the residential
market," said Greg Martino, Vice
President and Chief Valuation and Standards Officer for MPAC. "This
new tool, along with our recent release of housing inventory data,
has been designed with property owners in mind so they can learn
more about the changes to the residential property market in
communities across Ontario and
therefore facilitate more informed decision-making."
The Property Pulse Dashboard taps into MPAC's extensive
inventory and leverages Teranet Inc.'s sales data. Updated monthly,
it enables property owners to visualize evolving trends in the
housing market over time.
Property owners can access the Dashboard via AboutMyProperty™
under the Browse My Neighbourhood section. To log in or register,
they will need their roll number and access code from their
Property Assessment Notice. For assistance in finding this
information, property owners can call MPAC's Customer Contact
Centre.
AboutMyProperty™ is MPAC's free, secure, and user-friendly
online platform available to every property owner in Ontario. It provides property owners access to
their property assessment details, view the property information
MPAC has on file, and compare their property value to others in
their neighbourhood or area.
Visit mpac.ca to log into AboutMyProperty or register for an
account.
About MPAC
MPAC is an independent, not-for-profit corporation funded by all
Ontario municipalities,
accountable to the Province, municipalities and property taxpayers
through its 13-member Board of Directors.
Our role is to accurately assess and classify all properties in
Ontario in compliance with the
Assessment Act and regulations set by the Government of
Ontario. We are the largest
assessment jurisdiction in North
America, assessing and classifying more than 5.6 million
properties with an estimated total value of more than $3.1 trillion.
For additional information, visit www.mpac.ca.
SOURCE Municipal Property Assessment Corporation