66 Baby Point Road Update - March 31, 2010 at 14:30 Hr.
Good afternoon:
Many of you remain concerned about the large size, mass and density of the proposed house to be built on this site.
Councillor Saundercook affirmed his intent to move for a deferral of this matter during the present meeting of Toronto City Council taking place to-day and to-morrow. The Councillor's letter is published below.
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Dear Baby Point Resident,
I am writing you due to your interest in the above noted property. Last Thursday March 25th, many of you attended a meeting at the Babypoint club. The goal of the meeting was to allow the surrounding community to outline some of their concerns with the proposed plans for the property. The tone of the meeting did not play out as I had hoped.
Many of you voiced your concerns about the possibility of increased property taxes, if the new home is built as planned. After meeting with a staff member from the finance department the next morning, I am able to confirm that this one individual house will not raise assessments across the board. Tax assessments are adjusted based on comparable homes in the area. According to City Finance staff "Residential property values are based on sales of comparable properties in similar neighborhoods. Your property value as ascribed by MPAC should reflect what a property comparable to yours would sell for, in an arm's length unencumbered sale."
The issue is before us at Council this week and will likely be dealt with on Thursday, at which time I will be moving deferral, subject to the applicant going back to the Committee of Adjustments. If the applicant is unsuccessful at the Committee of Adjustments, then I will be supporting the site plan.
Please do not hesitate to contact my office with any further concerns.
regards,
Councillor Bill Saundercook
Wednesday, March 31, 2010
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