The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Busy Waterloo Square The range was from Kitchener taxes 96 pervcent higher than in Waterloo to Kitchener taxes eight per cent lower. The med- ian value was 36 per cent higher taxes in Kitchener for the same house. ' The study matched houses sold in both cities according to house type, age, lot size, actual sale price and time of sale. Taxes on the matched houses were compared and in all but one case taxes on the Kitchener homes were higher. In 1968 study by the Waterloo Planning Board found that for a comparable house in Kitchener, taxes were 36 per cent higher than for the same house in Waterloo. With amalgamation Waterloo homeowners stand to lose a tax position which is 36 per cent lower than found in Kitchener. But that won't last if there is an amalgamation-not if the substantial tax increases prompted by the formation of county school boards are any examples. Waterloo residents now pay lower taxes than their Kitchener counterparts. _ The table on the right shows some of the comparisons A": 11laterloo Chronicle, Thursday, September 10. 1970 he”; I" "M ' .iriul:',fr"(.'i. -‘ , o" -, ltiS" LOWER TAXES IN WATERLOO w; 'sith, _ dr'itrf,s' A Att M, ,_ W” ' . . ' _ C/Ut if, ‘. . .-f"r ' _. Cr n. - J: “I _ V h”- t, ' "g _ ‘u 56’ Beautiful Waterloo Park. 9. Two Storey Two Storey 8. Two Storey Split Level 4. Bungalow Split Level 6. Bungalow Bungalow 7. Bungalow Bungalow 5. Split Level Bungalow Bungalow 3. Split Level Split Level 2. Split Level (3 bedroom) Split Level (3 bedroom) Type of Home I. Bungalow (3 bedroom) Bungalow (3 bedroom) it,irte, 'r J ' w. ifiioj'iif, RECENTLY SOLD HOUSES IN KlTCNEtiER-WATERL00 t'i1itie,ui, .,i',litc5,ttt'iv)"i'ig,ist.ia, 12 4y, 2 10 14 3y, Th 60 x 150 Waterloo $34,500 May/69 14 Age 2h 12 {*l‘l {*‘I‘I' *‘I'i'l' {*lh‘l' {Iii {NI-ii {Mini} I... 4b4b4be 57 x 140 Waterloo $31,500 July/69 60 x 125 Kitchener $30,000 Feb./70 KITCHENER TAXES 27% HIGHER'"'" 62 x 108 Waterloo $44,500 July/60 69 x 150 Kitchener $47,000 Sept./69 50 x 120 Wtiterloo $21,900 Sep1 50 x 116 Kitchener $21,500 June KITCHENER TAXES 8% LOWER-' 53 x 130 Waterloo $2 50 x 115 Kitchener s: F KITCHENER TAXES 29"y 60 x 118 Waterloo $26,900 Oct./69 52 x 115 Kitchener $26,500 Oct./69 KITCHENER TAXES 16% HIGHER'"""' KITCHENER TAXES 32% HIGHER'"'"' 55 A 120 Kitchener $331100 May/69 kiTCHENER TAXES 43% HIGHER'"'" 100 x 121 Waterloo $33,900 May/69 75 x 141 Kitchener $34,500 July/69 100 x 150 Kitchener $34,000 Dec./69 KITCHENER TAXES 39% HIGHER'"'" 55 x 100 Waterloo $26,500 Jan./70 70 x 125 Kitchener $26,500 Jan./70 KITCHENER TAXES 45% HIGHER""" Source - M.L.S. Listings Lot Size Location 78 x 139 Waterloo 75 A 140 "Kitchener $30,000 July/69 KITCHENER TAXES 96% HIGHER"" " a; Lsi:iiiiir war; l s" a mi 'N' BhuirLn'tgaet,', sm7iiabaiisifcrss' $26,700 Sept./69 $25,900 Oct./69 PA HIGHER'""" $21,900 Sept./69 $21 ,500 June/69 Price $29,000 Month of April/69 $707 $936 $485 $614 $401 $529 $425 $391 $445 $528 $604 $545 $810 $728 $419 $422 $612 Municipal Taxes $431