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Proposed development charges bylaw released

Posted on Monday October 02, 2017

(Waterloo, Ont. – Oct. 2, 2017) The City of Waterloo released a development charges study Friday that was prepared to support the adoption of a new development charges bylaw. This study, the proposed bylaw and related staff reports are available at waterloo.ca/developmentcharges.

This background study sets out infrastructure requirements and financing which are vital to the future development of Waterloo. The background study includes the forecasted amount, type and location of future development and capital cost calculations for each eligible development charge service.

Companies building houses, subdivisions, shopping centres, industrial parks and other developments help the city, through development charges, pay for additional municipal services required. Development charges are used to recover certain costs associated with residential and non-residential growth within the city such as new water, wastewater and stormwater management systems, roads and transportation infrastructure, community centres, parks, trails, fire rescue services and library services.

The proposed new development charges are as follows. Note, proposed rates to be indexed by the Statistics Canada Non-Residential Building Construction Price Index on January 1, 2018 as permitted by the DC Act and done in prior bylaws: 

Type of development

Current rate – 2017

Proposed rate – 2017

Increase (Decrease) $

Single and semi-detached units

$12,242

$14,664

$2,422

Multiple units (including townhouses, maisonettes and terrace dwellings)

$ 8,074

$10,602

$2,528

Apartments with up to one bedroom

$ 5,566

$5,640

$74

Apartments with two to three bedrooms

$ 7,237

$9,609

$2,372

Apartments with four to five bedrooms

$11,872

$20,304

$8,432

Lodging house (per bedroom for six or more bedrooms)

$ 3,712

$4,512

$800

Non-residential (per square metre of total floor space)

$      68.51

$70.64

$2.13

Next steps

A public meeting on these proposed development charges rates will take place on Monday, Oct. 23, 2017, no earlier than 6:30 p.m. in the City of Waterloo council chambers, 100 Regina St. S., Waterloo. Enactment of a new development charges bylaw by council will occur on a date subsequent to this public meeting. If the bylaw is passed, the new development charge rates will be effective Dec 15, 2017, and to be indexed on Jan 1, 2018 by the Statistics Canada Non-Residential Building Construction Price Index.

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Media contact:
Janice Works
Communications specialist
519-747-8731
TTY: 1-866-786-3941
janice.works@waterloo.ca