PTE Policy

Certain properties in the Town may be eligible for exemption of all or part of their property taxes.

Permissive Tax Exemption

The Town of Ladysmith recognizes the significant value of volunteers, volunteer groups and agencies to the spiritual, educational, social, cultural, and physical well-being of the community. A permissive tax exemption is a means for Council to support organizations within the community that further Council’s objective to enhance the quality of life while delivering services economically to the citizens of Ladysmith.

In order to be considered for a Permissive Tax Exemption, eligible property owners must complete and submit the application before July 31st

Permissive Tax Exemption Application
Permissive Tax Exemption Renewal Form
Permissive Tax Exemption Policy

2023 Permissive Property Tax Exemptions

Organization/ Property Owner

Address

2023 Municipal Tax Exemption

Boys & Girls Club

220 High Street

$7,982

Canadian Legion Branch #171

621 1st Avenue

$306

Island Corridor Foundation

$17,510

Ladysmith & District Historical Society

1115A - 1st Avenue

$3,442

Ladysmith & District Historical Society - Roundhouse

612 & 614 Oyster Bay Drive

$5,642

Ladysmith & District Historical Society - Museum

721 1st Avenue

$5,537

Ladysmith Fellowship Baptist Church

381 Davis Road

$1,432

Ladysmith Festival of Lights

1163 4th Avenue

$8,081

Ladysmith Golf Club Society

380 Davis Road

$3,306

Ladysmith Health Care Auxiliary

910 1st Avenue

$15,818

Ladysmith Maritime Society

616 Oyster Bay Drive

$2,896

Ladysmith Resource Centre Association

630 2nd Avenue

$5,664

Ladysmith Resource Centre Association

314 Buller

$20,917

Ladysmith Seniors Centre Society

630 2nd Avenue

$2,951

Ladysmith Senior Citizens Housing Society

207 Jamison Road

$4,124

Ladysmith Senior Citizens Housing Society

101 1st Avenue

$4,931

Municipal Parking lot

17 Roberts Street

$3,037

Municipal Parking lot

25 Roberts Street

$2,263

Pentecostal Assemblies

1149 4th Avenue

$2,785

St John's Masonic Temple

26 Gatacre Street

$2,478

St. Mary's Catholic Church

1135 4th Avenue

$8,617

United Church of Canada

232 High Street

$1,482

Total

$131,201

Revitalization Exemptions

Mees, Adine and Van Seters, David

341 1st Avenue

$3,561

Antique Addict - Joy/Goldie

12 Roberts Street

$456

Total

$4,017

Total Exemptions

$135,218


For more information, please see the
Permissive Tax Exemption Renewal Form

Revitalization Tax Exemption Program

Council has recognized that it is difficult for taxpayers to invest in improvements to their commercial properties and also pay the increased tax due to the increase in the assessed value.  Council wishes to encourage revitalization of our commercial properties to ensure that they do not fall into disrepair.  In order to encourage the owners to make the required improvements to our commercial properties, Council has established this programs. Click here (fees and incentives link) for details.

 Each project must meet the following downtown revitalization objectives:

  •  The property is within the Downtown Core.
  • The total cost of the project represents a significant investment by the property owner for a minimum total cost of $15,000;
  • Exterior building improvements meet or exceed the Town’s Downtown Specified Area Design Guidelines and will enhance the streetscape;
  • Structural and building code improvements will enhance the building’s condition, safety and ongoing viability;
  • Revitalization is to existing buildings.

Applications will be evaluated on a case-by-case basis with due consideration to the merits of the business case and the rehabilitation work proposed.

Revitalization Tax Exemption Information