Published by City of Brampton under Parklanddedicationbylaw
The City of Brampton's notice of the 2016 land values used in calculating cash-in-lieu of parkland under Parkland Dedication By-law 283-2013. It sets out the city-wide rates for development under sections 51.1 and 53 of the Planning Act, the site-specific approach for section 42 development, and a high density section quoting a $3,650.50 per unit rate reviewed each February and August. Table 1 lists per-acre values from $700,000 for single and semi-detached land to $1,600,000 for apartment land, appraised by Metrix Realty Group.
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