Open
Small Business Property Tax Subclass
Property tax relief for eligible Toronto businesses
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open Date : January 2, 2024
Location
Toronto, Ontario, Canada
Overview
The Small Business Property Tax Subclass provides tax relief for eligible small business properties in Toronto. It supports qualifying commercial properties and identified strip plaza properties through reduced property tax rates.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Varies by project
Timeline
- Open Date : January 2, 2024
Eligible candidates
Eligible Industries
- Retail trade
Location
- Toronto
- Ontario
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Business Associations
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Municipal
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Operation of eligible small business commercial properties within designated areas in Toronto.
Documents Needed
- Request for Reconsideration form, if applicable
- Appeal form, if applicable
- Property and ownership information
- Supporting documentation for the dispute
Eligibility
Who is eligible?
- Owners of eligible commercial properties in Toronto
- Owners of identified strip plaza properties in Toronto
Who is not eligible
- Office buildings
- Shopping centres
- Parking lots and vacant land
- Properties without an affixed building or structure
- Land for which a demolition permit has been issued
Eligible geographic areas
- Toronto, Ontario
- Downtown and Central Waterfront
- Growth Centres
- Avenues
- Centres
Processing and Agreement
- Properties included on the eligible list receive the reduction automatically on the final property tax bill.
- If a property owner disagrees with a reconsideration decision, an appeal may be filed within 90 days.
- The Program Administrator issues a letter of determination on reconsideration requests.
- Appeal hearings are conducted in writing.
Additional information
- Property owners do not need to apply as eligibility for the subclass is determined automatically and reflected in the final property tax bill.
- The City may audit properties at any time to ensure continued eligibility; properties undergoing changes may become ineligible during the year.
- A public list of eligible properties is maintained and updated through the City’s Open Data portal.
- Tenants seeking benefit from the tax reduction should discuss with their landlord, as tenants cannot file disputes or appeals directly.
Contacts
Frequently Asked Questions about the Small Business Property Tax Subclass Program
Here are answers to the most common questions about the Small Business Property Tax Subclass. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Small Business Property Tax Subclass?
The Small Business Property Tax Subclass provides tax relief for eligible small business properties in Toronto. It supports qualifying commercial properties and identified strip plaza properties through reduced property tax rates.
Who is eligible for the Small Business Property Tax Subclass program?
To be eligible for the Small Business Property Tax Subclass program, you must:
Commercial or New Commercial Property Tax Class
Must meet value assessment thresholds
Must meet designated area or strip plaza conditions
What expenses are eligible under Small Business Property Tax Subclass?
Operation of eligible small business commercial properties within designated areas in Toronto.
Who can I contact for more information about the Small Business Property Tax Subclass?
You can contact City of Toronto or by phone at 416-885-0462.
Where is the Small Business Property Tax Subclass available?
The Small Business Property Tax Subclass program is available the province of Ontario.
Is the Small Business Property Tax Subclass a grant, loan, or tax credit?
Small Business Property Tax Subclass is a Tax Credits
Who are the financial supporters of the Small Business Property Tax Subclass?
Small Business Property Tax Subclass is funded by City of Toronto