Michael Masellis
Toronto District School Board/Principal, Elementary
2025 Salary
$174,820Total compensation $174,820, including $0 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#282Toronto District School Board
Years on List
82018–2025
Peak Salary
$174,8202025
Full 2025 roster at Toronto District School Board →·See where $174,820 ranks →
Total Compensation History
Full History
2018–2025
$100,801 in 2018 is worth about $124,074 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Principal, ElementaryToronto District School Board | $174,820 |
| 2024 | Principal, ElementaryToronto District School Board | $159,358 |
| 2023 | Principal, ElementaryToronto District School Board | $125,268 |
| 2022 | Principal ElementaryToronto District School Board | $125,522 |
| 2021 | Vice Principal ElementaryToronto District School Board | $112,674 |
| 2020 | Vice Principal ElementaryToronto District School Board | $112,583 |
| 2019 | Vice-Principal, ElementaryToronto District School Board | $106,155 |
| 2018 | Vice-Principal, ElementaryToronto District School Board | $100,801 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $174,820 Michael Masellis earned in 2025, roughly $117,544 would remain after income tax, CPP and EI, an all-in deduction rate of about 32.8%. On total compensation of $174,820, Michael Masellis ranked #282 of 14,085 disclosed at Toronto District School Board that year, where the median salary was $127,496. Pension contributions — likely OTPP for teachers or OMERS in the School Boards sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$117,544
- Effective income-tax rate (excl. CPP/EI)
- ~29.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~32.8%
- vs. 2025 Elementary School Principal median
- +5%
Where does $174,820 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.