The Development Charges Act, 1997 allows municipalities to pass a By-Law to raise revenue from new development to offset the costs incurred by the Township as a result of growth. Development charges apply to residential and non-residential construction.
Section 5 of the Act sets out the method for calculation of Development Charges. The capital costs that have been identified for the Corporation of the Township of Rideau Lakes are:
- roads and related
- fire services
- waste diversion services
- parks and recreation
- library services
- social housing
- growth-related studies
2024 Development Charges Update
Schedule of Development Charges (effective October 7, 2024):
Residential:
- $6,984.00 (Single & Semi-Detached Dwellings)
- $4,801.00 (Apartments 2+ bedrooms)
- $3,605.00 (Apartments Bachelor and 1 bedroom)
- $5,458.00 (Other Multiples)
Non-residential:
- $2.30 per sqft (Industrial, Commercial, Institutional)
- $0.54 per sqft (Agricultural)
- $2,523(Solar per 500kW or per Wind Turbine)
The Development Charge is payable at the time of building permit issuance.
Education Development Charges
Education Development Charges
Education Development Charges - Calculation Form
Current Development Charges By-Law
By-Law 2019-59 – Development Charges
Development Charges Background Study
Development Charges By Law Amendment 2022
