Current rates, instant calculator, and everything you need to understand your property tax bill
Kelowna's 2025 residential property tax rate is approximately 0.38800% of BC Assessment value. Kelowna's assessed values have risen sharply in recent years due to demand from retirees and remote workers.
Kelowna is the economic hub of BC's Okanagan Valley, famous for its wine country, warm weather, and Okanagan Lake. Property values have surged, making it one of BC's pricier markets. The BC Home Owner Grant can reduce your bill significantly.
BC Assessment values properties at market value as of July 1 prior year. Kelowna's 2025 combined residential rate is approximately 0.38800%.
Formula: Annual Tax = BC Assessment Value × 0.003880
| Home Value | Estimated Annual Tax |
|---|---|
| $500,000 | $1,940/yr ($162/mo) |
| $750,000 | $2,910/yr ($242/mo) |
| $1,000,000 | $3,880/yr ($323/mo) |
Enter your home's assessed value to instantly estimate your annual property tax.
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Kelowna property taxes are due in full by the first business day of July. The Pre-Authorized Withdrawal Plan lets owners pay monthly to avoid the annual lump sum.
File a BC Assessment complaint by January 31. Property Assessment Review Panels conduct hearings; escalate to the Property Assessment Appeal Board if needed.