I am not in TOBAY and this is strictly a minimally informed opinion, and I am admitting this at the outset. Since you would be building up the rear of your yard, I would guess that might have a bearing on your drainage and perhaps that of your neighbor. I would assume that you will need not only a permit to do this but also an engineer to check to see the environmental aspects of this job are done correctly. As noted, you will need a wall, plus the fill to properly grade this project and you may need a drywell to prevent the improper drainage. It could cost you a ton of money for the drywell alone, plus the permits and the engineer, in addition to the new survey after the job. As I said, I am not 100% on all of this but it is a guess based upon my own experience with a simple patio, bit not in your town.
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