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keeping Residential Properties vacant in Ottawa could cost the owners big money with the implementation of the residential vacant unit tax that has taken effect in 2023 heres what you need to know [Music] my name is I am a real estate broker in Ottawa I help families and individuals with the purchase sale of real estate in our city since 2009 so the city is implementing a residential vacant unit tax also known as vut in 2023 based upon the occupancy status of Residential Properties this bylaw coming into effect in 2023 states that a residential property that is not the owners principal address and is vacant for more than 184 days during the calendar year could be subject to the new vacancy tax so what is the vacant unit tax well Im glad you asked the vut is intended to encourage homeowners to occupy or rent out their properties in an effort to increase the housing Supply further the net revenue collected from the tax is expected to support the citys affordable housing initiatives n