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
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2024 Permissive Property Tax Exemptions
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Organization/ Property Owner
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Address
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2024 Municipal Tax Exemption
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Boys & Girls Club
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220 High Street
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$8,735
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Canadian Legion Branch #171
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621 1st Avenue
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$491
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Island Corridor Foundation
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$22,090
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Ladysmith & District Historical Society
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1115B - 1st Avenue
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$3,650
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Ladysmith & District Historical Society - Roundhouse
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612 & 614 Oyster Bay Drive
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$6,687
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Ladysmith & District Historical Society - Museum
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721 1st Avenue
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$5,699
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Ladysmith Fellowship Baptist Church
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381 Davis Road
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$1,838
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Ladysmith Festival of Lights
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1163 4th Avenue
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$8,567
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Ladysmith Golf Club Society
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380 Davis Road
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$4,281
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Ladysmith Health Care Auxiliary
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910 1st Avenue
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$16,332
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Ladysmith Maritime Society
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616 Oyster Bay Drive
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$3,473
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Ladysmith Resource Centre Association
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630 2nd Avenue
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$5,851
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Ladysmith Resource Centre Association
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314 Buller
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$26,177
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Ladysmith Seniors Centre Society
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630 2nd Avenue
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$3,048
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Ladysmith Senior Citizens Housing Society
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207 Jamison Road
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$4,318
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Ladysmith Senior Citizens Housing Society
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101 1st Avenue
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$5,128
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Municipal Parking lot
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17 Roberts Street
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$3,086
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Municipal Parking lot
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25 Roberts Street
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$2,312
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Pentecostal Assemblies
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1149 4th Avenue
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$3,280
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St John's Masonic Temple
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26 Gatacre Street
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$2,698
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St. Mary's Catholic Church
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1135 4th Avenue
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$9,620
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United Church of Canada
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232 High Street
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$1,775
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Total
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$149,137
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Revitalization Exemptions
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Mees, Adine and Van Seters, David
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341 1st Avenue
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$3,268
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Atlas Shrugged Holdings
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902 Ludlow Rd
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$49,653
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Total
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$52,921
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Total Exemptions
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$202,058
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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:
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The property is within the Downtown Core.
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The total cost of the project represents a significant investment by the property owner for a minimum total cost of $15,000;
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Exterior building improvements meet or exceed the Town’s Downtown Specified Area Design Guidelines and will enhance the streetscape;
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Structural and building code improvements will enhance the building’s condition, safety and ongoing viability;
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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