Diego, Karen & Rodrigo Balcazar
RE/MAX Escarpment
Languages
- English
- Spanish
Specialties
Business Opportunities, Buyers, Condominiums, Downsizing, First Time Buyers, First Time Sellers, Investments, Multi-Family, New Builds, New Construction, Relocation, Rentals, Residential, Sellers
Locations
Ancaster, Brantford, Burlington, Caledonia, Dundas, Grimsby, Hamilton, Milton, Niagara Falls, Niagara-on-the-Lake, Oakville, St. Catharines, Stoney Creek, Thorold, Waterdown
The City of Hamilton has implemented a Vacant Unit Tax (VUT)
Heads up, Hamilton homeowners!The City of Hamilton has implemented a Vacant Unit Tax (VUT). This means you need to declare your property's occupancy by April 30, 2025.This is a new requirement, and we know it can be confusing. Essentially, if you don't declare, your property c...
Mar 07, 2025
Heads up, Hamilton homeowners!
The City of Hamilton has implemented a Vacant Unit Tax (VUT). This means you need to declare your property's occupancy by April 30, 2025.
This is a new requirement, and we know it can be confusing. Essentially, if you don't declare, your property could be considered vacant and you'll face a 1% tax on its assessed value.
The City hopes this will help increase housing supply, similar to other cities.
Please visit hamilton.ca/VacantUnitTax or call 905-546-2573 for all the details and to submit your declaration.
Don't let this slip your mind!