28 Dec, 2025
If you own one or more residential properties, you are required to make a yearly property status declaration. This will determine if your property has to be subjected to the Empty Homes Tax.
Properties deemed, or declared empty in the 2021 reference year, are subjected to a 3% property tax from its fully assessed taxable value in that year. Keep in mind that the Province of BC requires a Speculation and Vacancy Tax on top of the City’s Empty Home Tax.
