The amount of property taxes
paid in Stratford is calculated using two variables:
the CVA of a property as calculated by the Ontario
Property Assessment Corporation and the tax rate
as determined by the revenue requirements of the
City of Stratford.
| Code |
Tax Class |
City |
Education |
Total |
| RT |
Residential Taxable |
0.012127720 |
0.002410000 |
0.014537720 |
| R1 |
Residential Taxable Farmland 1 |
0.003031930 |
0.000602500 |
0.003634430 |
| RD |
Residential School Taxes Only |
0.000000000 |
0.002410000 |
0.002410000 |
| MT |
Multi-Residential |
0.026121905 |
0.002410000 |
0.028531905 |
| CT |
Commercial Occupied |
0.023963610 |
0.020543880 |
0.044507490 |
| DT/ST |
Office Building/Shopping Centre Taxable |
0.023963610 |
0.020543880 |
0.044507490 |
| XT/ZT |
Commercial/Shopping Centre New Construction |
0.023963610 |
0.014300000 |
0.038263610 |
| CX/CU |
Commercial Vacant Unit/Vacant Land |
0.016774527 |
0.014380720 |
0.031155247 |
| SU |
Shopping Centre Tax Vacant |
0.016774527 |
0.014380720 |
0.031155247 |
| XU |
Commercial New Construction Excess Land |
0.016774527 |
0.010010000 |
0.026784527 |
| IT/LT |
Industrial/Large Industrial Taxable |
0.036882610 |
0.024500000 |
0.061382610 |
| JT/KT |
Industrial/Large Industrial New Construction |
0.036882610 |
0.014300000 |
0.051182610 |
| IX/IU |
Industrial Vacant Unit/Vacant Land |
0.023973697 |
0.015925000 |
0.039898697 |
| LU |
Large Industrial Tax Vacant |
0.023973697 |
0.015925000 |
0.039898697 |
| KU |
Large Industrial New Construction Excess Land |
0.023973697 |
0.009295000 |
0.033268697 |
| I1 |
Industrial Taxable Farmland |
0.003031930 |
0.000602500 |
0.003634430 |
| PT |
Pipeline Taxable |
0.018300730 |
0.013303910 |
0.031604640 |
| FT |
Farmland Taxable |
0.003031930 |
0.000602500 |
0.003634430 |