Where a rezoning or site plan approval is approved, the computation is going to stay icy for 2 years. The substitute cost has been decreased to one hectare for every 600 net residential devices if property is actually taken, and also one hectare for each and every 1,000 internet non commercial units for cash-in-lieu of parkland, as well as goes through a hat of 10 per-cent of the property for lands 5 hectares or even a lot less, and also 15 per-cent of the land for lands more than 5 hectares. Convert Ottawa home into 3 units with Bill 23.
The list of such towns may be expanded through policy. On the date that stipulations recognizing "upper-tier communities without considering responsibilities" entered result, any type of section of the upper-tier community's main strategy which puts on a lower-tier community is regarded as to make up a formal planning of the lower-tier town till the lower-tier district withdraws or even changes it.
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For Real Estate: Bill 23
For Home Owners Bill 23 Summary And Implications
For Real Estate: Ontario Passes Housing Bill Amid Criticism From Cities ...
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Latest Posts
For Real Estate: Bill 23
For Home Owners Bill 23 Summary And Implications
For Real Estate: Ontario Passes Housing Bill Amid Criticism From Cities ...