Ontario Tax Sale Property
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Commercial Zoning
Chapter: GENERAL QUESTIONS
RichD
Does a property having commercial zoning have more or less value then a similar one that doesn't? Generally speaking.
rob
I would say it depends on the tax situation and location.
Frank
Usually, Commercial property is worth more than residential, howver it really depends on the likelyhood of commercial success in a given location, and/or the physical condition of the property. Commercial assessment alo attracts a much higher tax rate than residential.