Property Income and Expense Return

MPAC’s largest assessment information request campaign is the Property Income and Expense Return, where we request rental, income and expense information from income-generating properties. These properties include retail, commercial, golf courses, hotels, motels, large resorts, land lease, mobile homes, multi-residential, retirement, long-term care, offices and industrial malls. Collecting information annually allows MPAC to identify and track trends in revenues, expenses, capital expenditures, fair market rents, vacancies and more over time.

Each year, MPAC sends more than 35,000 request letters to eligible property owners outlining what information is required, when it’s due and how information can be submitted as part of the Property Income and Expense Return. If you have received a similar letter in the past, this information request reflects our continued work in this area. 

Property owners have an important role to play in the valuation process including the submission of income information through the formal collection process. Property owners are required to comply with this request and submit accurate, timely, and fulsome information, as stated in Section 11 of the Assessment Act.

We encourage property owners to submit their property information online through MPAC AboutMyProperty™. Alternative submission methods include providing requested information through mail, email, business-to-business data transfer, and other file-sharing solutions. For more information on how to submit, visit mpac.ca/submit. 

 Resources

• How to Submit Your Assessment Information Request
• Sample Request Letter

  • Commercial/Industrial/Mixed Use

  • Golf Course

  • Hotels and Motels

  • Land Lease and Mobile Homes

  • Large Resorts

  • Long-Term Care Homes

  • Multi-Residential

  • Retirement Homes

• Frequently Asked Questions
• User Guide
• MPAC's authority to collect information