Vacant Home Tax in Ontario: Understanding the Policy and its Implications


The government of Ontario has implemented a Vacant Home Tax in an effort to address the issue of housing affordability. This tax is intended to encourage property owners to either occupy or rent out their properties. In this blog, we’ll look at the Vacant Home Tax, its implications, and how it affects Ontario property owners.

What exactly is the Vacant Home Tax? The Vacant Home Tax is a tax levied on unoccupied residential properties for a set period of time. The tax is levied on “vacant” properties, such as those that are not used for residential purposes for more than three months in a calendar year. The tax is imposed on properties in the City of Toronto and is calculated at 1.25% of the assessed value of the property.

Contact Dhiman Law Today

In Ontario, buying or selling a home can be a difficult and time-consuming procedure, especially if you are unfamiliar with the relevant legal requirements. To help you through the procedure and defend your rights and interests, you must have an experienced Real Estate Lawyer on your side. Look no further if you need a trustworthy Real Estate Attorney in Ontario! You can get the knowledgeable legal advice and assistance you need from our skilled Real Estate Attorney to successfully complete your real estate transaction.

Don’t let legal obstacles prevent you from achieving your real estate goals. Call Us Right Away! Whether you’re a First-time home buyer or an experienced real estate investor, our Real Estate Lawyer can assist you confidently through the legal procedure. Call us at (613) 696-6777 right now to set up a consultation, or contact us at We look forward to hear from you and assist you in achieving your real estate objectives!