Knowledge, Integrity, Humour

City of Vancouver Proposes 5% Increase in Property Taxes in 2021

From: The Daily Hive


Based on median property values for each property type, the 5% increase amounts to an average $146 increase for a single-family home assessed at $1.6 million, $64 increase for a condominium assessed at $688,000, $166 for a business property assessed at $1 million, and $104 for a residential property overall assessed at $1.1 million.