Published by City of Brampton under Parklanddedicationbylaw
The City of Brampton's notice of the 2018 land values used in calculating cash-in-lieu of parkland under Parkland Dedication By-law 283-2013, effective January 1, 2018. It explains that land is valued either the day before draft plan approval or the day prior to building permit issuance depending on when cash-in-lieu is collected, and quotes a high density rate of $4,053 per unit or ten per cent of land value. Table 1 lists per-acre values ranging from $1,100,000 for institutional land to $2,750,000 for rowhouse land.
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