Tuesday, July 12, 2016
Did you know the City of Toronto offers home-owners a financial subsidy of up to $3,400 per property to install flood protection devices?
You’ve probably never heard of a backwater valve, a sump pump, pipe severance and capping of your home’s storm sewer or external weeping tile connection.
These measures, if carefully implemented, could save you thousands in potential future repair costs while simultaneously helping to reduce the likelihood of significant damage to your home.
The Basement Flooding Protection Subsidy Program as it is called, helps to offset some of the cost involved in hiring a professional to implement the measures described above. So how does it work exactly?
Determine that the work that is eligible
(a) Backwater Valve
- Installation of backwater valve
- Replacement of existing backwater valve
- Installation of alarm for backwater valve
Available subsidy = 80% of the invoiced cost up to a maximum of $1,250 regardless of the number of devices installed at the property, including eligible labour, materials, permit and taxes.
(b) Sump Pump
- Installation of sump pump
- Replacement of existing sump pump
- Installation of alarm for sump pump
- Installation of back-up power for sump pump
Available subsidy = 80% of the invoiced cost up to a maximum of $1,750 regardless of the number of devices installed at the property, including eligible labour, materials, permit and taxes.
Note: Be sure to maintain basement flooding protection devices according to manufacturer instructions. Keeping these devices in good working order is an important step in protecting your home against basement flooding.
(c) Foundation Drain (weeping tile) Pipe Severance and Capping
- Disconnection of foundation drains (weeping tiles) from the City’s sewer system by severing and capping the underground sewer connection
- Available subsidy = 80% of the invoiced cost up to a maximum of $400 including eligible labour, materials and taxes.
Note: Disconnecting the downspouts from your property’s eavestrough system is not eligible for a subsidy under this program.
Selecting a contractor
Before work starts, verify that your contractor has a valid City of Toronto business license by contacting Municipal Licensing & Standards (MLS) at 416-392-6700 or checking online at toronto.ca/mls.
If your contractor does not have a valid City of Toronto license, you will be denied funding for the work completed.
Homeowners are strongly encouraged to conduct due-diligence before hiring a contractor. It is recommended you obtain a minimum of two quotes as well as references before hiring a City of Toronto licensed contractor.
Be sure you meet the following subsidy conditions:
The property must not have exceeded the life-time maximum subsidy amount for each eligible installation.
To be eligible for the subsidy
- You must be the registered owner of a single-family residential, duplex or triplex property within the City of Toronto.
2. The subsidy is available only to existing homes, not homes in the planning stages or currently under construction.
3. The downspouts from your property’s eavestrough must be disconnected from the sewer system unless you have received an exemption from the City of Toronto.
4. If the property has a paved front yard parking area (“parking pad”), it must comply with the City’s Zoning By-law requirements.
5. You must submit your application within one year of completion of work as indicated on your invoice.
6. A permit must be obtained and inspection passed by a City of Toronto building inspector for a backwater valve.
7. Your contractor must possess a valid City of Toronto business license for the eligible work.
8. Original invoices must be provided.
9. You must not have outstanding taxes or debts owed to the City of Toronto at the time your application is processed.
How to apply?
Visit the City of Toronto’s website here for more details.