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The Ontario Heritage Act, in addition to allowing municipalities to recognize heritage properties and districts through designation, also allows the creation of a list of potentially significant sites. The list identifies properties that may have value for the larger community in addition to the individual owner's interests. Further evaluation would be needed to make a determination.
Owning a property on this list confers no benefits to owners (as designation does) nor does it place restrictions on alterations. However, if the owner applies for a demolition permit, the municipality may take a maximum of 60 days to evaluate the property's heritage value and either issue the demolition permit or reach consensus with the owner about alternatives to demolition.
