Burnaby property tax

Residential (Class 1) rates per $1,000 of assessed value from Province of BC Local Government Statistics, Schedule 702; they match the City of Burnaby's published residential rates for each year. Hospital is 0 in Schedule 702 for Burnaby. 'Other' combines TransLink, BC Assessment and Municipal Finance Authority. Not included: Sewer Parcel Tax and Local Area Service levies billed on the notice. City of Burnaby published residential rates: City 1.72223, School - Prov 1.11020, TransLink 0.35860, Metro Vancouver 0.05440, BC Assessment 0.03810, Municipal Finance Authority 0.00020, Total 3.28373. The City states the 2026 City increase is 4.8% (2.9% City services plus 1.9% Growth Infrastructure Investment Levy).

Rates as published for the residential class. Bills can also include fixed charges, local improvement levies and utility fees that are not based on assessed value.

Burnaby's total residential rate of 0.3284% is below the 0.4794% average of the 28 British Columbia municipalities we cover. A lower rate does not always mean a lower bill: tax = assessed value × rate, so cities with high home values often have lower rates.

Rates are the residential rates in each city's latest confirmed year. All British Columbia municipalities · National rankings

From Burnaby's official property tax pages (sources 11, 13, 14, 15, 12). Check your bill for the exact amounts and dates.

These programs are run by the city or the province. Eligibility is decided by the organization that runs each one; follow the links for the official rules.

• Home owner grant

  Provincial grant that reduces property tax on a principal residence; must be claimed by the property tax due date or it becomes outstanding current taxes subject to penalty. The City's page cites a grant threshold of $2,075,000 (reduced grant above). City minimum tax: owners receiving the regular grant of $570 must pay a minimum tax of $350 plus water and sewer use charges; with regular and additional grants totalling $845, the minimum is $100 plus water and sewer use charges. Run by Province of BC (Province took over full administration in 2021).

• Property tax deferment (regular program and families with children program)

  Provincial program to defer property taxes; the home owner grant must still be claimed by the due date. From 2027 the Sewer Parcel Tax moves to the utility notice and can no longer be deferred. Run by Province of BC.

• Home owner grant

  The B.C. home owner grant reduces the property taxes owners pay on their principal residence. For 2026 the full grant is available on properties assessed at $2,075,000 or less, with a higher additional grant for seniors, veterans and people with disabilities.

• Low income grant supplement for seniors

  A B.C. supplement for low-income seniors whose home owner grant is reduced or eliminated because their home is assessed above the $2,075,000 grant threshold. Most recipients get a cheque for $845 ($1,045 in a northern or rural area) for 2026.

• Property tax deferment program

  B.C.'s property tax deferment program is a provincial loan that pays an eligible owner's current-year property taxes, secured by a lien on the home. Taxes deferred for 2026 and later carry compound interest at prime plus 2%, 6.45% throughout 2026.

• Sewer Parcel Tax in force 2026

  City parcel tax charged on the 2026 property tax notice (under City of Burnaby Taxes); 2026 is the last year it appears there. Starting in 2027 it moves to the utility notice. Amount not stated on the pages checked.

• Growth Infrastructure Investment Levy in force 2026

  Introduced in 2025 to fund the City's share of Amenity Cost Charge / Development Cost Charge programs; the City describes it as equivalent to a 1.9% property tax increase, included on property tax bills.

• Speculation and vacancy tax (provincial) in force 2026

  Provincial tax (Province of BC) on residential property in designated taxable areas; the Province lists the Metro Vancouver Regional District, including the City of Burnaby, as a taxable area. Rates for the 2026 calendar year: 3% for foreign owners and untaxed worldwide earners; 1% for Canadian citizens or permanent residents who are not untaxed worldwide earners (2019 to 2025: 2% and 0.5%). Effective January 1, 2027: 4% and 1%.

• B.C. speculation and vacancy tax

  The speculation and vacancy tax is an annual provincial tax on residential property in designated areas of B.C., based on how each owner used the property during the year and on the owner's residency and income. Every owner on title in a taxable area must declare by March 31, even when an exemption applies.