The assessment roll
“The assessment roll, which represents the inventory of all properties in a given jurisdiction, indicates the value of each property on the basis of its actual or commercial value, within the meaning of articles 43 to 45 of the L.F.M. It covers all the residential, commercial, industrial, institutional, agricultural and vacant properties. The values which are registered take account of the real market values on July 1 of the second fiscal year preceding the first for which it is conceived.
Property assessment roll 2020–2021–2022
If no modifications are made to the property, these data are valid for the duration of the triennial roll. The latest assessment roll for the City of Montreal was submitted on September 11, 2019. The values it contains reflect market conditions as at July 1, 2018. It is the basis for your 2020, 2021 and 2022 tax bills.” (From Evalweb)
You can also consult our Taxation page to obtain complementary information.
Changes in values by building category
Each assessment reflects what was considered to be the fair value of the property—residential or commercial—according to market conditions as at July 1, 2018. Any change in value is determined by changes in the real estate market, the addition of new constructions or improvements to existing buildings. As a result, the overall value of Mount Royal’s real estate portfolio rose 23.1% compared to the last roll. More specifically, the residential sector increased by 24.4%, the non-residential sector, by 18.2%, and land value, by 34.8%.
The average price of a single-family home is now $1,381,200. The average price for condominiums is $312,400.
The changes in values by building category can be summarized as follows:
- Single-family dwellings: 26.1%
- Condominiums: 11.1%
- Two to five dwellings: 24.8%
- Six dwellings or more: 23.4%
- Offices: 2.6%
- Shopping centres: -8.2%
- Other commercial buildings: 13.1%
- Institutional buildings: 25.8%
- Industrial buildings: 32.8%
Tax rates will be adjusted to offset most of the increase in property prices. If you have had renovation or construction work done, however, your assessment may be higher. Property values can also be influenced by a highly sought-after real estate sector where selling prices tend to rise. In such cases, municipal taxes will also be higher.
How is the average value of an average single-family home determined?
The value of all 3,931 single-family assessment units listed in rolls 2020–2021–2022 is $5,429.4 million. The total value of single-family homes over the number of assessment units provides the average value.
As at January 1, 2020, the average value of a single-family home in the Town is $1,381,200.
The impact of the new assessment roll on your tax bill
With the implementation of the new assessment roll on January 1, 2020, tax rates were adjusted based on the average change in value of the average single-family home. If the value of your property increased more than the average value in your category, your tax increase will be greater. If not, the increase will be less.
How do you verify the value of your property?
To find out the value attributed to your home, you can consult the most recent property roll at Town Hall (90 Roosevelt Avenue) during office hours.
You can also consult your property’s assessment in more detail through the Direction de l’évaluation foncière de la Ville de Montréal site or by visiting one of the points of service:
- 255 Crémazie Blvd East, Suite 600
- Montréal, QC H2M 1M2
You disagree with the assessment of your home?
You have until April 30, 2020 to apply for an administrative review of the assessment of your home on the new assessment roll, which comes into effect as of January 1, 2020.
It is possible to contact the MUC Real Estate Assessment Department (D.E.F.V.M.) should you have questions.
D.E.F.V.M. Customer Service: 514-280-EVAL (3825).
- Folder: Application for Review of the Real Estate Assessment Roll
- Form: Application for Review of the Real Estate Assessment Roll
Market value of properties that were part of a recent transaction in Mount Royal
Consult the sale price of properties recently sold on our territory, per year and per address, by clicking the button on the right to find all relevant documentation.
In addition, the Ville de Montréal’s Service de l’évaluation foncière made a sales consulting service available to taxpayers who own a residential building with five dwellings or fewer. This service has been updated with the latest sales, which were used as a benchmark. The tool compares real estate sales that took place in 2018 (reference year for assessment roll 2020–2021–2022)
If you own a building with five dwellings or fewer, you can access the module from the montreal.ca site. Access requires an identification code. To obtain this code, please contact Anne Lafleur, Taxation Clerk for the Town of Mount Royal (514 734-3020 | firstname.lastname@example.org).