January 19, 2023 | Nava Wilson LLP

What does Vacant Home Tax mean for homeowners in Toronto?

What does Vacant Home Tax mean for homeowners in Toronto? Starting in the year, 2023 City of Toronto implemented a Vacant Home Tax (VHT) to increase the housing supply by discouraging owners from leaving their residential properties unoccupied. Homeowners who keep their properties vacant will be subject to this tax. Nava Wilson’s team conducted a […]