Who is eligible?
You can apply for a property tax exemption if you are a non-profit organization that builds or manages affordable rental housing in Wrenford. To qualify, your property must be assessed as residential and rented to households that are not served by the private market. The rent you charge must be no more than 90 per cent of the market median rent for units with the same number of bedrooms in the Tamsin Valley region.
If your property includes non-residential spaces, such as a corner store, or units with market-rate rent, only the eligible portion will be exempt. The rest of the property will remain taxable. You can review the latest Canada Mortgage and Housing Corporation (CMHC) Rental Market Survey data on their website to check if your rents qualify. The City uses this data to calculate the market median rent each year.
What is the exemption?
Under by-law 2024-092, the Wrenford Housing Tax Exemption by-law, qualifying properties are exempt from 100 per cent of property taxes for five full taxation years. This covers both the municipal and provincial portions of your taxes. Local Improvement Taxes or Business Improvement Area taxes are not affected by this exemption.
How does it work?
You must continue paying your property taxes until the City reviews your application and sends a confirmation letter. If your application is approved, the exemption will start on January 1 of the following taxation year. The City will mark your exempt status on future assessment notices. Renewal forms are accepted from June 15 to September 30 each year. If your property is already exempt, you only need to submit the renewal form to keep your status active.
How to apply
To apply, submit the Housing Tax Exemption Application form by email or mail. Along with the form, please include the following documents:
- Proof of non-profit incorporation
- A copy of the most recent financial statements for your organization
- A current rent roll for the property
- A copy of a current tenant application form and a blank lease template
You can find the application form and a list of required documents under Related Documents below. Please review the checklist carefully before submitting your application.
Application deadlines
| Application Deadline | Exemption Start Date |
|---|---|
| September 30 | January 1 (the following year) |
Questions?
If you have questions about your property's eligibility or need help with the application, contact the Assessment & Tax team.
Wrenford City Hall, Room 310
100 Mercer Street, Wrenford, ON N4Q 1A1
Phone: 519-555-0100
Email: [email protected]