Dear Editor:
The new residents of the Elora Mill condominium development were shocked when they received their 2025 property tax statements in June – many are paying more for their condo unit compared to what is being charged for a single family home valued significantly higher with more square footage and land.
A 1,000 square foot Mill condo is being charged approximately $6,000 annually in comparison to a recently listed detached home in the downtown core that is about 3,500 square feet on just over 1/3 of an acre with property taxes of $7,600.
Another example in Elora is an 1,100 square foot renovated bungalow listed for $1 million paying property taxes of only $4,335.
After further review it was discovered that the tax rate being charged is almost double of that of residential homes (condos are being classified as multi-residential).
How is this considered equitable to charge condo owners so much more per household receiving the same infrastructure and services?
Lastly, why are condos being classified as multi-residential and not simply residential when they are individually owned and not generating income – seems like an oversight that needs further review from Centre Wellington?
Brandie Kucyla,
Centre Wellington