Councillor Brad Bradford from Beaches-East York has raised concerns about the effectiveness of Toronto's Vacant Home Tax (VHT).

Councillor Brad Bradford from Beaches-East York has raised concerns about the effectiveness of Toronto's Vacant Home Tax (VHT).

The city is currently redesigning the program due to numerous complaints from property owners and issues with its initial implementation.

The VHT was introduced to improve housing affordability by encouraging property owners to rent out or sell unused units.

However, the rollout faced significant challenges, including mistakenly charging homeowners who were actually living in their properties

The city is now working on rectifying these issues and hopes to make the program more efficient and effective.

What are your thoughts on the Vacant Home Tax and its redesign?

#etobicokecondos #etobicokerealtor #etobicokeliving #marketnews #realestateToronto #mississaugarealtor #homeinmississauga #realtormissisauga #homesweethome #tobuyahome #torontorealestateagent #torontorealtorlife #fersttimehomebuyer #mimicorealtor #swansearealtor #portcreditrealtor