Collection of economic data

Last updated October 7, 2021
Reading time: 2 min

Have you received a request to participate in the collection of economic data?  How will this information help determine the value of your property? What documentation do you need to provide? Here’s what you need to know.

The collection of economic data is one of the means of assessing the property value of income properties. The data gathered contribute to the production of the property assessment roll for the 19 boroughs and the 15 linked cities. The collection takes place every three years, before a new roll is tabled.

How the value of income properties is calculated

Economic data are collected for income properties, which total about 33,000 in Montréal. The information gathered is used to determine the value of your property based on real estate market conditions and the specific characteristics of your building. For example, you will be asked for information such as income, expenses or a list of tenants for your property.

Property value is determined using the income approach. This method involves estimating the value of a property based on the net income it can generate, compared with similar properties and according to a reference date. For the next property assessment roll, effective January 1, 2023, the reference date is July 1, 2021.

How to provide the requested information

If the city wants to collect data about your property, you will be mailed the procedure to follow according to your situation starting May 31, 2021. 

For owners of buildings with 6 to 11 above-ground units, you must provide this information online.

If you own a building in another category, you will receive the documents to be completed by mail and must return them completed and signed.

If your property status has changed since the last economic data collection, you may be required to submit additional documentation. If this is the case, contact the Service de l’évaluation foncière to find out what documents are required based on your new situation.

Forms

Lease abstract

Condition of property

Statement of income and expenses of the immovable

List of rents and tenants or occupants

Contact us

If you have any questions, please contact us by phone: 514-280-8964

Please send us the requested documents: 

  • By e-mail: [email protected]
  • By postal mail:
    Service de l’évaluation foncière
    255, boulevard Crémazie Est
    Bureau 600
    Montréal (QC) H2M 1L5

Good to know:

The information collected as part of the economic data collection is requested under the Act respecting municipal taxation. The information held by the Service de l’évaluation foncière is kept confidential, and can only be released to the property owner.