Property Tax Calculator BC 2025

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Estimate your British Columbia property tax in seconds. Select your municipality and enter your BC Assessment value.

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BC Property Tax Calculator

BC property taxes = BC Assessment value × Municipal tax rate + Provincial school tax rate. Note: The BC Home Owner Grant may reduce your bill if eligible.

Estimated Annual Property Tax:

$0

*Provincial school tax and other levies included in estimate. Verify with your municipality.

BC Municipal Property Tax Rates 2025

MunicipalityResidential RateTax on $1M HomeTax on $1.5M Home
Vancouver0.2926%$2,926$4,389
Burnaby0.3669%$3,669$5,504
Surrey0.3397%$3,397$5,096
Richmond0.4074%$4,074$6,111
North Vancouver (City)0.3100%$3,100$4,650
Victoria0.4580%$4,580$6,870
Kelowna0.7800%$7,800$11,700
Nanaimo0.8100%$8,100$12,150

Why Vancouver has the lowest rate in BC: Vancouver's very high assessed values mean that even a low tax rate generates substantial municipal revenue. Property values are assessed annually by BC Assessment and typically reflect market values very closely.

BC Home Owner Grant — Reduce Your Tax Bill

The BC Home Owner Grant provides a direct reduction on your property tax bill for eligible homeowners:

You must apply for the Home Owner Grant annually by the property tax due date (July 2 for most BC municipalities).

Frequently Asked Questions

How do I find my BC Assessment value?
Visit bcassessment.ca and enter your property address. BC Assessment mails assessment notices in January each year. The assessed value reflects the estimated market value as of July 1 of the prior year.
Can I appeal my BC property assessment?
Yes. If you believe your assessment is inaccurate, you can file a Notice of Complaint with the Property Assessment Review Panel between January 1 and February 1. The appeal is free and based on whether the assessed value reflects market value.
When is BC property tax due?
Most BC municipalities have a property tax due date of July 2. Failure to pay by the deadline results in a 10% penalty on unpaid amounts. The provincial Home Owner Grant application deadline is also July 2 for most municipalities.
Does BC have a speculation and vacancy tax?
Yes. The BC Speculation and Vacancy Tax applies to residential properties in certain BC regions that are not a principal residence. The rate is 2% of assessed value for foreign owners and satellite families, and 0.5% for Canadian citizens/PRs who are not BC residents. This is in addition to regular property tax.
What is included in BC property tax?
Your BC property tax bill typically includes municipal taxes (for local services), the provincial school tax, hospital district levies, and other regional district levies. The provincial school tax is set by the province and applies at approximately 0.1% for the first $3M and 0.2% above that.