Cost Competitiveness
- No Development Fees
- Affordable Real Estate
- Amongst the lowest commercial / industrial property tax rates in the region
- Low lease and utility costs
- Lower cost of living
- Skilled, dedicated, hardworking labour at reasonable rates
- Eligible for Government Incentives
No Development Fees
The Municipality of Tweed encourages development by not charging any development fees:
Compare the saving from neighboring Municipalities ($3500, $3000, $1850).
Compare savings from Belleville (up to $7600).
Affordable Real Estate
New investors routinely suggest that affordable real estate was one of the biggest factors that brought them into the region.
Amongst the lowest commercial / industrial property tax rates in the region
In 2012 the commercial property tax rate is 0.02048396%.
Property tax is calculated based on MPAC assessed value where Assesment Value X 0.02048396 = Total Property Tax in 2012
Therefore affordable real estate not only saves investors money with the bank, but also in property taxes each year!
For more information visit Taxation
Low lease and utility costs
The Tweed Urban area has serviced land with water and sewer at competitive rates and capabilities to connect with natural gas. Utility costs are competitive based on other areas and lease rates are extremely reasonable!
Lower cost of living
In 2010 the Quinte and District Real Estate Board reported that the average sale price of residential property from MLS listings was approx. $160,000 within the Municipality of Tweed.
