440 Elizabeth Street Holdings Ltd. v. Municipal Property Assessment Corp., Region 15,  O.A.R.B.D. No. 168.
The fact that a property used solely to provide parking for a nearby office does not reduce its current value. The fact that the property’s use is limited to parking does impact its value.
Werh Group Inc. v. Municipal Property Assessment Corp. Region No. 25,  O.A.R.B.D. No. 45, 2016 CarswellOnt 2282, 87 O.M.B.R. 299.
In using a pro forma income approach to value, a start-up property’s income must be stabilized.
Bluffers Park Yacht Club v. Municipal Property Assessment Corporation, Region No. 09 et al.  O.A.R.B.D. No. 67; (2016) 89 O.M.B.R. 127.
Parkland that is fully utilized for a boat club should be valued using sales of properties purchased for park purposes.
Britannia Yacht Club Inc. v. Municipal Property Assessment Corporation, Region No. 3.  O.A.R.B.D. No. 250.
A boat club located on government land was valued using the capitalized value of its lease.
General Motors of Canada Ltd v. Municipal Property Assessment Corporation, Region No. 27, et al.  O.A.R.B.D. No. 13; (2017) 92 O.M.B.R. 437.
The mid-cycle cessation of use of a property had an impact on its state and condition for assessment purposes.
Via Rail Canada Inc. v. Municipal Property Assessment Corporation et al., (2016), 133 O.R. (3d) 272, 2016 ONSC 5705.
VIA claimed that the Ottawa train station was 100% economically obsolete. The ARB disagreed. The Court dismissed VIA’s appeal. The C.A. dismissed VIA’s motion for leave to appeal.
Drennan Farms Ltd. v. Municipal Property Assessment Corp., Region 24,  O.A.R.B.D. No. 126, 89 O.M.B.R. 294, 2016 CarswellOnt 9914.
This case dealt with the impact on value of an electrical switching station and wind turbines on the adjacent farm property. The general market trends and the evidence on the general impact on value of wind turbines did not support an adjustment in value, but the Board held that the evidence of an adverse impact on the farm from the transformer and switching station to be overwhelming.
Nichol v. Municipal Property Assessment Corp., Region No. 3,  O.A.R.B.D. No. 4, (2017) 92 O.M.B.R. 45.
A court’s declaration of ownership is binding.