ALALEX LAM
Contact Alex
Menu

Annual property tax calculator BC

BC Property Tax Calculator

Estimate the annual Class 1 residential property-value tax in Metro Vancouver from verified 2026 all-in rates. This is not property transfer tax, not Empty Homes Tax, and not Speculation and Vacancy Tax. The result is free — no contact wall.

By Alex Lam

Use the calculatorReal estate overview

Rates as of 2026

Free estimate

Estimate your annual B.C. property tax

This is the yearly Class 1 residential levy on assessed value — not property transfer tax, not Empty Homes Tax, and not Speculation and Vacancy Tax. Type the taxable assessed value from your BC Assessment notice. The field is blank on purpose.

Rates as of 2026

Enter an assessed value and choose a municipality (or your own rate) to see the estimate. No email or phone is required to view the result.

This is the annual property-value tax, not a transfer or vacancy tax.

A full Class 1 residential bill adds municipal general, provincial school, TransLink, Metro Vancouver Regional District, BC Assessment Authority, and Municipal Finance Authority levies. The cities below publish a single all-in total. This calculator uses that published total. It does not invent a West Vancouver or Township of Langley all-in figure.

Property transfer tax is a one-time closing cost on the BC property transfer tax calculator. Vancouver Empty Homes Tax and B.C. Speculation and Vacancy Tax are on the Empty Homes Tax calculator.

How to use this calculator.

Type the taxable assessed value from your BC Assessment notice. Choose a Metro Vancouver municipality, or “Other / I know my rate” if you have the published all-in rate from a notice we have not verified. Choose a Home Owner Grant only if you apply for one. Tax year is display-only: rates as of 2026.

Additional school tax is added on residential assessed value above $3,000,000 — 0.2% from $3M to $4M and 0.4% above $4M. The first $3M is exempt. The Home Owner Grant is subtracted last, then clipped so the estimate does not fall below $350 (basic) or $100 (additional).

2026 Class 1 all-in rates.

Rates as of 2026. Each figure is the municipality’s published all-in Class 1 residential total, in dollars per $1,000 of assessed value. West Vancouver publishes a municipal-only rate and Township of Langley publishes no Class 1 rate — both are omitted so this page cannot understate a bill.

2026 Metro Vancouver Class 1 residential all-in property tax rates
MunicipalityRate / $1,000Official source
District of North Vancouver3.28195District of North Vancouver 2026 rates
Burnaby3.28373Burnaby 2026 rates
City of North Vancouver3.34028City of North Vancouver 2026 rates
Vancouver3.36394Vancouver 2026 rates
Surrey3.42731Surrey 2026 rates
Richmond3.53838Richmond 2026 rates
Coquitlam3.85200Coquitlam 2026 rates
Delta3.95780Delta 2026 rates
Port Moody4.29125Port Moody 2026 rates
White Rock4.31895White Rock 2026 rates
Maple Ridge4.53578Maple Ridge 2026 rates
New Westminster4.79312New Westminster 2026 rates

Additional school tax sits on top of the all-in rate.

The published all-in rate already includes the base provincial school levy. Additional school tax is extra: 0.2% on the portion from $3,000,000 to $4,000,000 and 0.4% on the portion above $4,000,000. The first $3,000,000 is exempt.

The Home Owner Grant is applied last, and only if you apply.

The Metro Vancouver Home Owner Grant is $570 basic or $845 additional (65+, disability, or veteran). It phases out by $5 per $1,000 of assessed value above $2,075,000. After the grant, tax cannot fall below $350 (basic) or $100 (additional). The grant is not automatic.

Annual property tax questions.

Is annual property tax the same as property transfer tax?

No. Annual property tax is the yearly levy on BC Assessment taxable assessed value. Property transfer tax is a one-time provincial tax when a transfer is registered at the Land Title Office. Empty Homes Tax and Speculation and Vacancy Tax are different again — vacancy taxes, not the regular mill-rate bill. Use the dedicated calculators for those.

If my assessment goes up, does my bill go up by the same percent?

Not automatically. Municipalities set the rate each year against the whole tax base. If assessments rise across the city, the published rate often falls so the typical bill does not rise in lockstep with one property’s assessment. Your bill still uses that year’s published all-in rate times your assessed value, plus any additional school tax.

Is the property tax deferment program a discount?

No. B.C. property tax deferment is a loan. The Province pays the deferred tax, charges interest, and registers a lien against the title. You repay the deferred amount plus interest when the property is sold or otherwise due. It is not a grant and not a reduction of tax owing.

When is the property tax payment deadline?

Most Metro Vancouver municipalities set an early-July due date, often the first business day of July or a date the city publishes each year. Penalty dates vary by municipality. Confirm the date on your tax notice — this page does not look up a city’s deadline.

Disclaimer

This is an estimate only, not legal or tax advice. It excludes parcel taxes, local improvements, utilities, exemptions, and land averaging. The Home Owner Grant is not automatic and must be applied for each year. Assessed value is the BC Assessment figure, valued as of July 1 of the prior year — it is not today’s market price.

Confirm current rates on the official municipal and provincial pages and with your municipality. Real estate services are provided by Alex Lam Personal Real Estate Corporation through Coldwell Banker Prestige Realty.

Owning in Metro Vancouver

Use the estimate, then read it beside the purchase or the notice.

Annual tax, transfer tax, and vacancy tax are different bills. The calculator result above does not require this step.

Ask about this estimateContact Alex

Also see the BC property transfer tax calculator, Empty Homes Tax calculator, real estate overview, and Burnaby real estate guide.