A 423,000 sq. ft. independent living, assisted living, memory care and skilled nursing facility that includes 325 units and a community centre.
The facility was built in 2008/2009 at a total cost of over $98 million. The assessor used cost to support the assessment.
Altus Group appealed and reduced the assessment from $56.8 million to $32.3 million resulting in tax savings of $425,000.
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Last updated on July 29th, 2019 at 05:41 pm