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By CharlesBall (registered) | Posted June 10, 2015 at 10:22:45 in reply to Comment 112140
You cannot go by a listing. Taxes are based on the assessed value. On sale, the assessed value will likely rise during the next assessment to at least the sale price. The current taxation rate for commercial shopping is 3.64% or $18,200 on a 500,000 assessment. You can get this information on the City of Hamilton website or Google mill rate City of Hamilton Ontario.
No one believes more firmly than Comrade Napoleon that all animals are equal. He would be only too happy to let you make your decisions for yourselves. But sometimes you might make the wrong decisions, comrades, and then where should we be? George Orwell
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