Coquitlam property tax

Rates per $1,000 of assessed value, residential (Class 1), from Province of BC Local Government Statistics Schedule 702. No regional hospital district rate applies (0). 'Other' includes the TransLink levy, BC Assessment and Municipal Finance Authority. The City's Summary of 2026 Tax Rates (per $1,000) lists for Class 1 residential: Municipal Services $2.1993 + Drainage $0.0763 = Total Municipal Rate $2.2756; School (Local) $1.1248; BC Assessment Authority $0.0381; Metro Vancouver Regional District $0.0547; Municipal Finance Authority $0.0002; Translink $0.3586; Grand Total $3.8520, all matching Schedule 702. The provincial Additional School Tax also applies to qualifying residential properties: $2 per $1,000 of assessed value between $3 million and $4 million and $4 per $1,000 over $4 million. The City states the average household will see a $93 (3.37%) increase in municipal property taxes in 2026.

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.

Coquitlam's total residential rate of 0.3852% 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 Coquitlam's official property tax pages (sources 12, 13, 14, 15). 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

  Reduces property taxes on a principal residence. The 2026 grant threshold is $2,075,000; the grant is reduced by $5 for each $1,000 of assessed value over the threshold. Apply before the July 2, 2026 due date to avoid penalty. Run by Province of British Columbia (apply directly with the Province).

• BC Property Tax Deferment Program

  Loan program to defer current-year property taxes on a principal residence; two programs: families with children, and people aged 55 and older, surviving spouses or persons with disabilities. The Province changed the interest terms for 2026. Run by Province of British Columbia.

• Property Tax Prepayment Plan

  10 monthly withdrawals (August 1 to May 1) held on the tax account toward next year's property tax bill. Run by City of Coquitlam.

• 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.

• Speculation and vacancy tax (provincial) in force 2026

  The City of Coquitlam (Metro Vancouver Regional District) is a taxable area for the Province of BC speculation and vacancy tax. 2026 rates: 1% of assessed value for Canadian citizens or permanent residents who are not untaxed worldwide earners; 3% for foreign owners and untaxed worldwide earners. Administered by the Province.

• TransLink property tax levy in force 2026

  TransLink's levy is collected on the City's tax notice: $0.3586 per $1,000 of assessed value for residential properties in 2026.

• 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.