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 |
0.01191482 |
0.00252000 |
0.01443482 |
| R1 |
Residential Taxable Farmland 1 |
0.00297871 |
0.00063000 |
0.00360871 |
| RD |
Residential School Taxes Only |
0.00000000 |
0.00252000 |
0.00252000 |
| MT |
Multi-Residential |
0.02566334 |
0.00252000 |
0.02818334 |
| CT |
Commercial Occupied |
0.02425738 |
0.02169483 |
0.04595221 |
| DT/ST |
Office Building/Shopping Centre Taxable |
0.02425738 |
0.02169483 |
0.04595221 |
| XT |
Commercial New Construction |
0.02425738 |
0.01520000 |
0.03945738 |
| CX/CU |
Commercial Vacant Unit/Vacant Land |
0.01698017 |
0.01518638 |
0.03216655 |
| SU |
Shopping Centre Tax Vacant |
0.01698017 |
0.01518638 |
0.03216655 |
| IT/LT |
Industrial/Large Industrial Taxable |
0.03733476 |
0.02700000 |
0.06433476 |
| IX/IU |
Industrial Vacant Unit/Vacant Land |
0.02426759 |
0.01755000 |
0.04181759 |
| LU |
Large Industrial Tax Vacant |
0.02426759 |
0.01755000 |
0.04181759 |
| I1 |
Industrial Taxable Farmland |
0.00297871 |
0.00063000 |
0.00360871 |
| PT |
Pipeline Taxable |
0.01797947 |
0.01366291 |
0.03164238 |
| FT |
Farmland Taxable |
0.00297871 |
0.00063000 |
0.00360871 |
| KTN |
Large Industrial New Construction |
0.03733476 |
0.0152000 |
0.05253476 |
| KUN |
Large Industrial New Construction/Vacant |
0.02426759 |
0.0098800 |
0.03414759 |