The Vacant Commercial & Industrial Unit Tax Rebate Program is available to commercial and industrial properties that are either partially or completely vacant for 90 or more consecutive days.

On May 24, 2017, Toronto City Council adopted Item EX25.10, a proposal detailing the possible future of the Vacant Unit Rebate Program.

Proposed Changes to the Program

The City expects that the Province of Ontario will respond by way of filing the necessary regulation with respect to the Vacant Unit Rebate Program in the fall of 2017. This will enable the City to implement the necessary changes to phase out the program.

The City has requested the Minister of Finance to prescribe:

  • a deadline date of February 28, 2018 for receipt of applications for vacancies occurring in 2017
  • a deadline date of September 28, 2018 for receipt of applications for vacancies occurring in 2018

The City intends to phase out the Vacant Unit Rebate Program over two years. The proposed timeline is as follows:

  • January 1 to June 30, 2017, applicable rebate percentage remains the same:
    • commercial rebate 30%
    • industrial rebate 35%
  • July 1, 2017 to June 30, 2018, commercial rebate percentage halved, industrial rebate percentage remains the same:
    • commercial rebate 15%
    • industrial rebate 35%
  • July 1, 2018 effective this day, the Vacant Unit Rebate Program is discontinued for both commercial and industrial properties

Review the Vacant Unit Rebate Program’s applications and deadlines.