Nanaimo property tax

Rates per $1,000 of taxable assessed value, residential (Class 1), from Province of BC Local Government Statistics Schedule 702; they match the City's Property Tax Rates Bylaw 2026 No. 7455 and 2026 detailed tax rate sheet, whose 'Total Tax Rates by Class' for Residential is 7.31181. City breakdown (Schedule 'A' of Bylaw 7455): General Municipal 4.07052 + General Municipal Debt 0.05274 + Municipal Library 0.17163 = 4.29489 (municipal); Regional District 0.50143 + Regional District Parks 0.06267 + Regional Sewer (B Area) 0.36562 = 0.92972 (regional); Regional District Hospital 0.64280; School - Residential 1.40610; BC Assessment 0.03810 + Municipal Finance Authority 0.00020 = 0.0383 (other). The Regional Sewer (B Area) rate is a specified-area rate under the bylaw; the City's published total includes it (total excluding B Area: 6.94619). Not included: Duke Point Sewer L.S.A. 0.78381 (only in that local service area), downtown BIA levies and user rates. The City states its 2026 property tax budget increase was 6.4%.

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.

Nanaimo's total residential rate of 0.7312% is above 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 Nanaimo's official property tax pages (sources 11, 14, 16, 17, 18, 19). 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 tax 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. Nanaimo tax notices show amounts payable with no grant, the regular grant and the additional grant (e.g. owners 65 or older). An unclaimed grant amount is subject to the City's late-payment penalty. Run by Province of British Columbia (claimed with the Province each year).

• BC Property Tax Deferment Program

  Low-interest loan that pays annual property taxes on a principal residence for owners meeting provincial criteria. For taxes deferred for 2026 and later years, compound interest is charged. Nanaimo notices show a deferral credit for owners enrolled in automatic renewal; an application received by the Province after the due date may lead to late-payment penalties. Run by Province of British Columbia.

• Pre-Authorized Withdrawals (PAWS)

  Optional plan that prepays property taxes by automatic monthly withdrawals on the 15th; interest earned on prepayments is credited on the tax notice. Changes for the May 15 and June 15 prepayments must be received by April 30. Run by City of Nanaimo.

• 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 Nanaimo 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, not the City.

• Regional Sewer (B Area) specified area rate in force 2026

  0.36562 per $1,000 (residential) levied on properties inside the specified sewer area defined by the Regional District of Nanaimo (Southern Community Sewer Local Service Conversion Bylaw No. 888, 1993). It is included in the City's published 2026 residential total of 7.31181; the total excluding the B Area rate is 6.94619.

• 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.