Enforcing vacancy tax on homes in our neighborhood
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I know this is a touchy subject. But with all the housing shortages, we have in Toronto and the challenges for the city to meet the budget spending. I think we need to re-look at how the vacancy taxes enforced.
Could there be a possible incentives for taxpayers to report on homeowners or corporations not paying the vacancy tax?
I know of one home in our neighborhood 132 byng. Avenue. The house has been vacant since it was acquired in 2017 and rebuilt with a massive home. No one‘s living there and the properties unkept.
this house could easily be a home to two families. However, a corporation owns the home and is taking valuable housing for people in Toronto.
I would love to hear peoples thoughts on this subject.
