4 days on market · underlisted, then sold over ask · up 0% since the 2026-08-05 sale · tax line $2,179 a year higher if the assessment catches up to the price
Time on market
True time on market
4
days, one listing
Displayed on the listing
8
days, as the record carries it
Off market between listings
0
days, since first listed Aug 10, 2026
One listing, 4 days on market since 2026-08-10.
One earlier listing on this record belonged to a previous owner and ended in a sale. Those days are excluded from the figure above, because charging this seller for a previous agent’s marketing time is the same error as the reset, in the other direction.
What the shape of this history says
Each of these is a pattern in the dates and prices above. The reading is about what the pattern means for a buyer, not about the people involved.
Underlisted for an offer date
Listed at $1,025,000 on 2026-07-28 and sold at $1,087,000 on 2026-08-05, 106% of the ask and $62,000 over it, after 8 days with no reduction.
Listed below what it fetched and sold over ask inside a short window, which is the offer-date pattern. On a live listing shaped this way the asking price is a floor for the bidding rather than a ceiling, and it should not be used as an estimate of value.
Since it last changed hands
Last sold 2026-08-05 for $1,087,000, up $0 (0%) over 0 years. That is this house rather than a comparable, so none of the usual adjustments apply.
Aug 5, 2026: sold $1,087,000, asking $1,025,000 (106% of the ask), after 8 days on SEED-C7583562
The assessed value on this record, against what is being asked
DemoSource: Demo
Assessed value
$759,000
2026 assessment, 0 years old
Asking, against the assessment
43%
above the assessed value, on $1,087,000
Effective tax rate
0.6644%
back-computed from the annual tax and assessed value, from the seeded demonstration record for this property
Assessed value of $759,000 on the record for 2026, sold for $1,087,000, which is 43% above the assessed value, $5,043 of annual tax on the record for 2026, and $7,222 at the same rate on the price, $2,179 a year more, from the seeded demonstration record for this property. That record is this build's own arithmetic and not a bill a municipality issued.
What the tax line becomes at your price
Two numbers, and they are not the same number. The annual amount this record carries is what you will actually pay next year, because a sale does not trigger a reassessment in Ontario. What is projected below is the exposure if the assessment is ever trued up to what the house changes hands for.
$in dollars
Prefilled with the asking price. Change it to price your own offer.
On the record today
$5,043
the 2026 annual tax on the assessment record
Projected at your price
$7,222
▲up $2,179 vs the amount on the record$602 a month
Against the asking price
No change
a year
This projection assumes a sale does not trigger a reassessment in Ontario, so your first bill after closing would be calculated on the assessed value already on file and not on what you paid.
It assumes general reassessment has stayed postponed since 2020 and that bills are still calculated on a January 1, 2016 valuation date. Confirm the current year with the municipality, because this is the assumption most likely to have changed.
It assumes that when reassessment resumes an increase is phased in over four years rather than applied at once, so the figure below is the end of a ramp and not the first bill.
The rate used here is back-computed from one assessment and one annual tax amount on this record, and the three sentences above are this build's own description of how assessment and billing work, written from belief. Nobody here has read the Assessment Act, anything the provincial assessment body publishes, or a municipal tax by-law, so take all of it to the municipality before budgeting from it.
This assessment record is seeded demonstration data, not an MPAC record. Verify the assessed value and the bill on the municipal tax portal before budgeting from it.
Everything we hold about this property, dated
One ordered list, price movements and tax records together, because they are the same story told by two different offices. Each row says what it implies rather than leaving you to work it out from the numbers.
The start of the record we hold, which is not necessarily the start of the marketing.
Listing 1
Property tax on the recordJul 1, 2026$5,043DemoSource: Demo
The annual tax the record carries for that year, on the assessed value rather than on any asking price.
Assessed value on fileJul 1, 2026$759,000DemoSeeded for this build. Not an assessment by any assessment authority.
The value the tax bill is calculated from. It does not move when the house sells.
Property tax on the recordJul 1, 2025$4,896DemoSource: Demo
The annual tax the record carries for that year, on the assessed value rather than on any asking price.
Assessed value on fileJul 1, 2025$759,000DemoSeeded for this build. Not an assessment by any assessment authority.
The value the tax bill is calculated from. It does not move when the house sells.
Property tax on the recordJul 1, 2024$4,753DemoSource: Demo
The annual tax the record carries for that year, on the assessed value rather than on any asking price.
Assessed value on fileJul 1, 2024$759,000DemoSeeded for this build. Not an assessment by any assessment authority.
The value the tax bill is calculated from. It does not move when the house sells.
Property tax on the recordJul 1, 2023$4,615DemoSource: Demo
The annual tax the record carries for that year, on the assessed value rather than on any asking price.
Assessed value on fileJul 1, 2023$759,000DemoSeeded for this build. Not an assessment by any assessment authority.
The value the tax bill is calculated from. It does not move when the house sells.
What each kind of event means
Listed
Relisted
Price cut
Price raised
Price change, direction not held
Suspended
Terminated
Expired
Delisted
Sold
Leased
Assessed value on file
Property tax on the record
How this sits against the comparable solds
Sold 24% under our estimate · 106% of asking · after 1 price cut (-3.7%) · 8 days on market
Our estimate is $1,437,895, in a range of $1,222,211 to $1,653,579, at low confidence. Weighted average of 5 recent comparable sales (median 2339 m away), each adjusted for living area, sale recency (~0.3%/mo market drift) and bedroom count, then weighted by proximity, recency and similarity. Confidence is low (5 comps, ±15% band). Illustrative estimate on seed data, not a licensed appraisal.