Property tax

mstefa wrote: ↑ What happens to tax if I paid it and sold the property soon after? Say I pay for 6 months ahead and then sell?
Is that prorated or how is that handled?
In Toronto

You will get it back pro-rated from the buyer at closing.

Question about property taxes with this market, how will taxes get assessed/reassessed after sales? When property is sold, MPAC uses the sale prices for assessment. Houses in my area have almost doubled, I’m wondering if my property taxes will double now too?