RénoPlex: How to calculate property value by square metre
To apply for a subsidy as part of the RénoPlex program, you’ll need to calculate the property value of your building by square metre. Find out how.
To calculate the property value per square metre, you will need to know the property value and the total floor area of your building.
4 easy steps
Step 1: Property assessment roll website
Go to the property assessment roll website. Please note that the site is only available in French.
Once you’re on the site, search by address.
Enter the civic number and part of the street name. Select the street from the choices you are offered.
To continue, check the “Je ne suis pas un robot” (“I am not a robot”) box, then click on “Rechercher” (“Search.”)
If you are the owner of a divided co-ownership, also called a “condo”, you must refer to the property account of each unit in the co-ownership.
Step 2: Make a note of the total floor area
You’ll find this information in section 3, “Caractéristiques de l’unité d’évaluation” (“Characteristics of the assessment unit.”)
In this example, the total floor area is 88.40 m2.
For a divided co-ownership, note the floor area of each unit of the co-ownership.
Step 3: Make a note of the building value
You’ll find this information in section 4, “Valeurs au rôle d’évaluation” (“Values on the assessment roll.”)
In this example, the building value is $184,700.
For a divided co-ownership, note the building valuation of each unit of the co-ownership.
Step 4: Make your calculation
Divide the building value by the total floor area to get the property value by square metre.
In this example, the calculation is as follows: $184,700 divided by 88.40 m2 = $2,089.37/m2.
For a divided co-ownership, calculate the sum of the building valuations for all units and divide it by the sum of the floor areas of all units.
The property value by square metre will determine whether you are eligible for the RénoPlex program.