Long Description Top 10 Municipalities for New Assessment in Residential Condominiums

Toronto holds first place for the greatest value in new assessment in residential condominiums amongst municipalities in 2022 with $4.8 billion, down from $6.2 billion in 2021. Mississauga is second with $370 million, down from $675 million; Vaughan is third with $346 million, down from $732.3 million; Ottawa is fourth with $320 million, down from $327.5 million; Hamilton is fifth with $214 million, up from $160 million; Markham is sixth with $181 million, down from $277.2 million; Richmond Hill is seventh with $173 million, up from $166.2 million; Guelph is eighth with $173 million, up from $89 million; London is ninth with $159 million, up from $155 million; and Kitchener is tenth with $131 million, down from $182.6 million.