Sale of Residential Lots Policy

This is a limited time offer – purchase your lot before funding runs out!”

This incentive aims to encourage construction of new homes, including:

• Site-built homes.
• Ready-to-move and modular dwellings constructed within the City or the adjacent Rural Municipalities.

Construction must begin in 2024.

Revisions to the Sale of Residential Lots Policy now allow contractors who are licensed by the City of Yorkton to:

• Secure building and advertising rights on a City-owned lot with only a 10% deposit.
• Pay the remaining balance owing on the lot once the home is sold, or a period of two years has passed since the deposit date, whichever is sooner.

Eligible contractors must have previously built at least one dwelling in the City of Yorkton, or maintain a current Yorkton Chamber of Commerce membership.

For more information on available City-owned properties, please visit our Available Properties page.

Sale of Residential Lots Policy

 Developers can apply for either a 5 or 10 year commitment per property.

• The program will offer 5-year 100% tax exemption to the developers for building multi-family rental units on condition the units must remain rental for 10 years and can be rented at fair market value.
• The program will offer 5-year 100% tax exemption to the developers of a condominium project. 
• The program will offer 2-year 100% tax exemption to the developers for building multi-family rental units on condition the units must remain rental for 5 years and can be rented at fair market value.
• The program will offer 2-year 100% tax exemption to the developers of a condominium project.

Please read the full policy below, before applying.

Rental Housing Incentive Program Policy

How do I apply

 This program can provide incentives of up to:

• One-third of the combined total cost of eligible façade and site improvements up to a maximum of $10,000 (i.e. total costs up to $30,000).
  • Within this total a maximum reimbursement of $1,000 is allowed for professional design fees.
• For any business within the Yorkton Business Improvement District an additional reimbursement of one-third of the combined total cost of eligible façade or site improvements up to a maximum of $10,000 (See Eligible Properties Map).

Projects must have a minimum total project cost of $10,000 in order to qualify.

All applicants must own the property and have commercially assessed property taxes. At the time of application, your tax balance must be up-to-date.

Project applications are on a first-come first-serve basis.

Projects must be completed with final supporting documents submitted no later than October 31 of each year (project completion deadline).

To apply for a consultation with City Administration, complete the application form below. 

Map of Proposed Eligible Properties

Business Improvement Incentive Program Policy

Fact Sheet

How do I apply

This program is available for new building construction for a new or existing business which is locally-owned and creates an increased assessed "improvement" of more than $50,000.

• Abatements of increased assessed improvements will be capped at a value of $500,000.
• The business needs to be licensed by the City of Yorkton.

• The business must be locally-owned. If the business is incorporated, the majority of shares must be held by individuals who reside within the geographic boundary of the Yorkton Planning District, including the City of Yorkton, Rural Municipality of Orkney, Rural Municipality of Wallace, York Lake Regional Park, Town of Springside, Village of Rhein and Village of Ebenezer. 

Tax abatements will be applied only to additional assessment, at the following rates:

First year: 100%
Second year: 80%
Third year: 60%
Fourth year: 40%
Fifth year: 20%
Sixth year: Return to full taxes

All applicants must own the property and have commercially assessed property taxes. At point of application, your tax balance must be up-to-date.

Project applications are on a first-come first-serve basis.

In the event that more applications are received than there is available funding, this program will favour applications by business owners who reside in, and pay residential taxes to, the City of Yorkton.

Projects must be completed with final supporting documents submitted no later than October 31 of each year (project completion deadline).

Abatements will be applied in the year following substantial project completion.

To apply for a consultation with City Administration, complete the application form below.

Business Improvement Incentive Program Policy

Fact Sheet

How do I apply 

This program will be applied to both existing and new assessments of the vacant building or applicable vacant portion, to a maximum of $500,000.

Tax abatements will be applied to both new and existing assessment. Where an application is for a vacant portion of a building, the abatement will be applied proportionately to the new and existing assessment of the vacant portion. Abatements will be implemented at the following rates:

First year: 100%
Second year: 75%
Third year: 50%
Fourth year: Return to full taxes

Project applications are on a first-come first-serve basis.

Projects must be completed with final supporting documents submitted no later than October 31 of each year (project completion deadline).

Abatements will be applied in the year following substantial project completion.

To apply for a consultation with City Administration, complete the application form below.

Business Improvement Incentive Program Policy

Fact Sheet 

How do I apply