Portfolio reviews

A portfolio review looks at every roll number you own, not just the ones you are worried about. BrookLex checks each assessment once a year against MPAC’s own valuation data, so nothing is missed while you are focused on one property.

Scope

What is included

• A check of every roll number’s current assessment and tax class
• A comparison against MPAC’s valuation data for each property
• Flags on any property that should be appealed or reconsidered, and by when
• Help building next year’s property tax budget
• Reconciliation of tax rebates and refunds received
• Support with tenant recoveries owed under their leases

Timing

Why annual matters

An assessment can move for reasons that have nothing to do with your own building: a change notice on a neighbouring property, a shift in MPAC’s data, or an error that would otherwise sit unnoticed until the next reassessment. An annual review catches that early, while the deadlines to act are still open.

Deadlines vary by property and by notice: March 31 for the annual appeal or Request for Reconsideration window, 120 days from any change, amended or supplementary notice, and the last day of February the following year for a Section 357 or 358 application. A single review keeps every one of those dates in view across your whole portfolio, rather than each property being tracked on its own.

Money matters

Budgeting and recoveries

We help build the tax line in your annual budget, reconcile any tax refunds and rebates received during the year, and support recoveries owed by tenants under their leases. Owners who file MPAC’s Property Income and Expense Return each spring often fold that step into the same annual review.

Who this suits

Portfolios across property types

A portfolio review works across every kind of property BrookLex handles: industrial, retail and plazas, office, multi-residential and special purpose. Deadlines differ by property and by notice, which is exactly what an annual review is built to track.

See fees for how a portfolio review is billed, or read about assessment appeals for what happens once a review flags a property worth challenging. Contact us to start a review of your portfolio.

A review does not commit you to acting on every finding. Some flags are worth an appeal, some are worth a call to MPAC first, and some are worth noting and watching for another year. The point of the annual cycle is that the decision is always made with current information, not last reviewed years ago.