Kelowna property tax

Rates per $1,000 of taxable assessed value, residential (Class 1), from Province of BC Local Government Statistics Schedule 702. Parcel taxes, utility fees and local service area charges are not included. The City's Annual Tax Rates Bylaw, 2026 No. 12892 sets Class 1 residential rates per $1,000: General Municipal 2.8163, Public Safety 0.0285, Library 0.1167 (together 2.9615, equal to the Schedule 702 municipal rate), Regional Hospital District 0.2050, Regional District 0.2253 and Regional District Sterile Insect Release (SIR) program 0.0184 on taxable land only. Schedule 702's regional district figure (0.2437) equals 0.2253 + 0.0184, so the SIR part applies to land value only, not land and improvements.

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.

Kelowna's total residential rate of 0.4759% 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 Kelowna's official property tax pages (sources 12, 13). 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 City states the 2026 program provides Kelowna owners basic grants of $770 and an additional $275 for eligible seniors, veterans, persons with a disability, those living with a spouse or relative with a disability, or the spouse or relative of a deceased owner. The 2026 grant threshold is $2,075,000, with the grant reduced by $5 per $1,000 of assessed value above it. Claim by July 2, 2026; allow up to 3 business days for an approved grant to be applied. Run by Province of British Columbia (apply with the Province; funds are paid to the City and applied to the tax account).

• BC Property Tax Deferment Program

  Loan to pay current-year property taxes on a principal residence; cannot cover prior-year taxes, penalties or interest, or City utility charges. The Province changed interest terms for amounts deferred from 2026. Run by Province of British Columbia.

• Pre-Authorized Withdrawal System (PAWS)

  Monthly automatic prepayment of next year's taxes (July to May), earning interest at Royal Bank prime less three per cent (minimum 0.4 per cent), credited to the tax account. Run by City of Kelowna.

• 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 Kelowna is a taxable area for the Province of BC speculation and vacancy tax, a separate provincial declaration from the Home Owner Grant. 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.

• Regional District Sterile Insect Release (SIR) program tax in force 2026

  Regional District of Central Okanagan levy for the Sterile Insect Release Program, charged on taxable land value only: 0.0184 per $1,000 for Class 1 residential 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.