REALTORS®, meet MPAC
The Municipal Property Assessment Corporation (MPAC) is the reliable source for property data, insights, and knowledge for REALTORS®.
MPAC assesses and classifies close to 5.7 million properties across Ontario and understands the important role that the real estate industry plays in Ontario's economy. It is a not-for-profit corporation funded by Ontario’s 444 municipalities. MPAC regularly connects with homeowners, businesses, and municipalities so that the data and information collected and shared is current and relevant.
To help support the real estate industry, MPAC provides real-time property information for over 10 million properties across Canada. Our real-time information is available to all REALTORS® so that informed conversations and decisions are made to help steer their business and their clients towards success. MPAC offers a range of data and market intelligence that can help REALTORS® and their clients with the decision-making process. Our comprehensive reports include instant real-time value estimates that can be used for listing presentations, setting listing prices and supporting offers. REALTORS® can also access details on property conditions, renovations, and building permit history on residential, commercial, and industrial properties. MPAC can also provide historical market values, should one be required.
The information provided below about the tools designed specifically for REALTORS® will assist them in their business and stay current with the latest property market data.
Real time market insights to help drive your business forward
propertyline™ is an online platform that provides accurate, real-time information for all properties. MPAC’s platform enables users to obtain accurate, real-time property information quickly and easily for close to 5.7 million properties in Ontario and more than 10 million properties across Canada. MPAC has made accessing data for REALTORS® easy. They can access propertyline™ and MPAC data directly through a single sign-on (SSO) direct link from REALM ®, GeoWarehouse®, and Matrix™, for most Corelogic ® users. MPAC’s propertyline™ also comes with advanced search features (e.g. search by roll number), updated satellite and street view imagery, parcel boundaries, and instant real-time market value estimates through our Automated Valuation Model (AVM) reports.
We also provide free REALTOR® focused training
MPAC cares deeply about providing accurate property data and market insights. MPAC’s team of experts offer complimentary custom training for REALTORS®, both in-person and online. These sessions are the perfect way to stay relevant on items like property assessments or factors affecting residential property value, as well as how to use the AVM or navigate the propertyline™ platform.
Training sessions are hosted monthly for all Ontario REALTORS®. Visit this page to find out more.
Social media content to engage your audience
MPAC understands that REALTORS® are busy. Understanding the demands of meeting with clients, selling properties, and building a business, MPAC has developed customizable social media content for REALTORS® and Real Estate Boards. It’s an easy way to share insightful and engaging content with your audience quickly.
Below are posts that have been drafted specifically for REALTORS® to use on their personal pages when communicating with clients — these are examples of property data posts you can use to demonstrate thought leadership. There is also content specifically for Real Estate Boards to use to engage with REALTORS®.
To download, click on the ZIP file link below to save graphics and post copy for your social media channels.
Social Media Toolkit for REALTORS® (zip, 4.8mb)
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If you’re a first-time homeowner, check out [tag MPAC]’s First-time Homeowners’ Hub. 🏡 It has some excellent resources and information to help you understand how property assessments and taxes work: www.mpac.ca/NewHomeowners. |
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#OntarioRealEstate pros: Interested to learn more about how property assessment works and how to get the most out of [tag MPAC] reports, data, and insights? Join a free upcoming training webinar, customized for #OntarioREALTORS. Learn more and register: www.mpac.ca/RealtorTraining. |
Most frequently asked questions
For many Ontarians, the place they call home is more than just a dwelling. It’s an investment, a cornerstone of financial stability and often their single biggest asset. It’s also where they make memories with family and friends and connect with their community.
Buying, selling, renovating, or investing in property is a big decision and we know REALTORS® are often asked some tough questions.
Here is a Q&A to help answer questions you might have, or ones you may receive, about who we are, what we do and how it impacts your clients. If you can’t find what you’re looking for here, be sure to get in touch so we can help find the information for you.
The Municipal Property Assessment Corporation (MPAC) is an independent not-for-profit organization whose role is to accurately assess the value of every property in the province of Ontario. The assessed value of a property is provided to the owner as well as to the local municipality. Municipalities determine revenue requirements, set tax rates, and use MPAC data to calculate property taxes paid by each property owner. Municipalities collect taxes and use them to pay for municipal services.
For context: the Government of Ontario sets the province's assessment and taxation laws (including when an assessment update happens) and determines education tax rates.
What is a valuation date?
Properties in Ontario are valued as if they all sold on the same day. This day is called the valuation date. The Provincial Government sets the valuation date to help ensure property assessments are fair.
Why is the valuation date still January 1, 2016?
Usually, the Ontario Government sets a new valuation date every four years. MPAC then reassesses every property in Ontario based on the new valuation date. The Ontario Government postponed the 2020 reassessment because of the COVID-19 pandemic, so the last province-wide reassessment happened in 2016. As a result, and until the Ontario Government announces a new reassessment, MPAC will continue using January 1, 2016, as the valuation date.
Our job is to find out what your home would have sold for, in its current state and condition, on the valuation date set by the province.
For example, let’s say you recently bought a home built in 2022. We’re assessing your home as it is, but as if it existed on January 1, 2016 – even if your home wasn’t built yet.
Think of it as ‘this' home selling on ‘that’ date.
Same is true with improvements to the property that have been made (such as a major renovation or the addition of a swimming pool), those upgrades are taken into account—as if they had been in place on January 1, 2016.
To assess your residential property, we analyze the sales of similar properties that have sold in your area. Based on the sales information, there are five major factors that generally account for your property’s assessed value.
The five key factors that affect your property's value:
- Age of the buildings on the property.
- Total square footage of living area.
- Location of your property.
- Size of your lot.
- Quality of construction.
Other factors that can affect your property's value include:
- primary structures
- secondary structures
- site features
- structural features
Buying a home for the first time is very exciting and often overwhelming, too. MPAC has developed a First-time Homeowner’s Hub with plenty of information to help first-time owners unpack property assessment, taxes and other commonly asked questions.
