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 |
0.01212715 |
0.00231000 |
0.01443715 |
| R1 |
Residential Taxable Farmland 1 |
0.00303179 |
0.00057750 |
0.00360929 |
| RD |
Residential School Taxes Only |
0.00000000 |
0.00231000 |
0.00231000 |
| MT |
Multi-Residential |
0.02612068 |
0.00231000 |
0.02843068 |
| CT |
Commercial Occupied |
0.02396251 |
0.01730000 |
0.04126251 |
| DT/ST |
Office Building/Shopping Centre Taxable |
0.02396251 |
0.01730000 |
0.04126251 |
| XT/ZT |
Commercial/Shopping Centre New Construction |
0.02396251 |
0.01330000 |
0.03726251 |
| CX/CU |
Commercial Vacant Unit/Vacant Land |
0.01677376 |
0.01211000 |
0.02888376 |
| SU |
Shopping Centre Tax Vacant |
0.01677376 |
0.01211000 |
0.02888376 |
| XU |
Commercial New Construction Excess Land |
0.01677376 |
0.00931000 |
0.02608376 |
| IT/LT |
Industrial/Large Industrial Taxable |
0.03613826 |
0.01930000 |
0.05543826 |
| JT/KT |
Industrial/Large Industrial New Construction |
0.03613826 |
0.01330000 |
0.04943826 |
| IX/IU |
Industrial Vacant Unit/Vacant Land |
0.02348987 |
0.01254500 |
0.03603487 |
| LU |
Large Industrial Tax Vacant |
0.02348987 |
0.01254500 |
0.03603487 |
| KU |
Large Industrial New Construction Excess Land |
0.02348987 |
0.00864500 |
0.03213487 |
| I1 |
Industrial Taxable Farmland |
0.00303179 |
0.00057750 |
0.00360929 |
| PT |
Pipeline Taxable |
0.01829989 |
0.01296329 |
0.03126318 |
| FT |
Farmland Taxable |
0.00303179 |
0.00057750 |
0.00360929 |