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Development Charges, Education Development Charges and Parks Levies |
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If you are building a new house on a vacant lot; a new lot created by severance or consent; or, expanding a non-residential building, your construction will likely be subject to Development Charges and Education Development Charges.
Development Charges and Education Development Charges assist in financing capital infrastructure (roads, water lines, sewers) required to accommodate growth, and must be paid prior to any Building Permit(s) being issued.
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What are Development Charges?
Development Charges are charges imposed by the City of Toronto used to fund growth-related capital costs. Development Charges assist in funding the following services:
Childcare, Fire Facilities, Shelters and Housing, Police, Emergency Medical Services, Roads, Parks and Recreation, Transit, Urban Development Services, Sanitary Sewers, Development Related Studies, Water, Library, and, Storm water Management.
Education Development Charges
At its meeting of August 14, 2008, the Toronto Catholic District School Board passed an amendment to its Education Development Charges By-law 2003 - No. 163.
The purpose of the Amendment is to increase the charges from $442.00 to $544.00 per dwelling unit for residential development, and from $0.24 to $0.58 per square foot of gross floor area for non-residential development.
The new charges take effect on August 25, 2008. The new rates will apply for permit applications submitted after June 30, 2008.
What are Education Development Charges?
Section 257.54(1) of the Education Act enables a district school board to pass by-laws for the imposition of Education Development Charges against land if there is residential or other development in its area of jurisdiction that would increase education land costs.
The Toronto Catholic District School Board has determined that the development of land in the City of Toronto increases education land costs and has imposed a Development Charge to cover those costs.
Current Education Development Charge Rates:
| Category |
Education Development Charges
as of August 25, 2008 |
| Residential charge per unit |
$544.00 |
| Non-residential charge per square foot |
$0.58 |
Parks Levy Fees
In new developments or redevelopments, developers and builders will be required to either set aside a certain amount of land for parkland (parkland dedication) or alternatively they pay cash-in-lieu of parkland dedication. When they pay the fee in lieu of parkland dedication, the fee is called a Parks Levy Fee. These fees are paid prior to the issuance of the first building permit.
Parks Levy Fees are a percentage of the market value of the development lands. (The Real Estate Unit of Facilities & Real Estate does the appraisal to determine the market value and the fee payable. There is also a fee for the appraisal.) For more information click here.
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