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Campbell River Property Tax Calculator 2023

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The City of Campbell River is located on the east coast of northern Vancouver Island and is home to over 36K residents. The population of Campbell River increased by 7.6% from 2016 to 2021. The real estate market in Campbell River consists of a mix of vacant land, single-family homes, older homes, starter homes, and condos. The average price of a home in Campbell River in August 2023 was $693,925. Based on data from the Vancouver Island Real Estate Board, the benchmark price of a single-family home in Campbell River in August 2023 was $674K, an increase of 0.4% from August 2022. Meanwhile, the benchmark price of apartments in the same month was $347K, up by 3.1% from the previous year.

Campbell River property tax is based on the assessed value of your home. Every year, the BC Assessment conducts an evaluation of properties all over British Columbia. This assessed value can differ significantly from the market value of your property.Your final property tax amount is calculated by multiplying the Campbell River final property tax rate for the year by the BC Assessment value.

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You can calculate your property tax using either your home's assessed value or your home's most recent market price. Just enter the price and type of your property, and we will give you an instant property tax estimate.

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BC Assessment Value of the Property
2023 Property Tax Value
2023 Residential Property Tax Rate
0.558529 %

2023 Tax rates for Cities Near Campbell River

City Final Tax Rate
Courtenay0.454050 %
Port Alberni0.619967 %
Parksville0.514392 %
Sechelt0.489003 %
Highest1-YearGIC Ratesmaple leaf
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Campbell River Property Taxes

If you own or lease property or mobile homes in BC, you will be subject to paying property tax annually. The tax, paid to the municipality with rates varying based on the municipality you are in, is responsible for funding services such as police and fire protection, garbage collection, schools, and hospitals.

At the beginning of the year, you will receive a property assessment notice informing you of the property value as of July 1st of last year. You will then receive a tax notice that calculates how much tax you owe based on the assessed value, and it will then be your responsibility to pay the amount to the municipal office before the deadline.

The amount of property tax and its rates are based on how much funding is needed to provide services for the year; for example, if your community decides to start a new service, the higher cost may be reflected in your taxes. The amount also depends on other factors such as property classification and location.

Generally, your tax will consist of a Municipal Tax as determined by your municipality and a School Tax determined by the number of residences and their values in your district.

Residential Property Tax Rate for Campbell River from 2018 to 2023
YearMunicipal RateEducational RateFinal Tax Rate
20190.429452%Not AvailableNot Available
20180.483450%Not Available0.998410%
Based on of Campbell River official website: check source

Campbell River Property Tax Department Information

For any questions or inquiries about your property tax rate or property tax bill, you can reach out to the city of Campbell River's property tax department through the following methods:

Phone number
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Campbell River at a Glance
ProvinceBritish Columbia
Settled Year1792
Established Year1855
Incorporated Year 1947
Population 35,519
City Area144.36 km 2 (55.74 sq mi)
Official WebsiteCampbell River Official Website

Property Taxes in B.C. for a $500K B.C. Assessed Value Home*

Assessed Value of a Property

Every year, your property will be assessed by BC Assessment to determine its value, classification, and any exemptions it may be applicable for. The aspects used for the assessment include location, size, shape, usage, and age. Each year, the value of your property may increase or decrease depending on factors such as changes to its classification, market fluctuations, and renovations. If there are issues with the assessment, you may contact BC Assessment or have an independent appeal to the Property Assessment Review Panel (PARP).

Homeowners may find that the assessed value of their property differs significantly from its market price. There is also no way to retrieve and compare the assessed value of other properties.

Property Taxes in B.C. for a $500K Fair Market Value Detached Home*

How We Calculate Your Property Tax

If you entered your home's Provinical Assessment value, we calculate your property tax by multiplying your Assessment value by Campbell River's final property tax rate.
Campbell River Property Tax vs Asking Price
This calculator is provided for general information purposes only. This calculation may not include any special charges, levies or fees. Results are approximations only. For official and the most up-to-date information, please see your porerty tax bill or contact the relevant taxation authority of your region.