Toronto’s Vacant Home Tax is in effect for its third year, and the deadline for homeowners to declare their property’s occupancy status is just around the corner. Homes that are unoccupied for more than six months out of the calendar year are considered vacant and will be taxed 3% of a property’s Current Value Assessment.
Per the City of Toronto’s parameters, homeowners have until tomorrow — Wednesday, April 30, 2025, at midnight — to declare the 2024 occupancy status of their residential property, and are encouraged to submit their declaration through the City’s online portal.