Courtenay Property Tax Calculator 2021

City of Courtenay Flag

The City of Courtenay is located on Vancouver Island in the Comox Valley Regional District and is home to over 25K residents. The population of Courtenay increased by 6% from 2011 to 2016. Courtenay real estate prices increased by 7% from May 2020 to October 2020, and the median price of a home in Courtenay is $599K. Housing inventory in Courtenay has decreased by 45% during the same period. Courtenay's real estate market consists of a range of different property types, including low-rise buildings, condominiums, single-family houses, and townhouses. Courtenay property tax rates are the 32nd lowest property tax rates in BC for municipalities with a population greater than 10K.

Courtenay 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 Courtenay final property tax rate for the year by the BC Assessment value.

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.

BC Assessment Value of the Property
2020 Property Tax Value
$3,1123.11k
2020 Residential Property Tax Rate
0.622420 %

2020 Tax rates for Cities Near Courtenay

City Final Tax Rate
Campbell River0.772024 %
Parksville0.649580 %
Nanaimo0.711520 %
Vancouver0.292568 %
Download Chart as

Top Real Estate Agents in

Loading
Loading

Courtenay 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 Courtenay from 2018 to 2020
YearMunicipal RateEducational RateFinal Tax Rate
20200.288210%0.165740%0.622420%
20190.287480%0.162720%0.625080%
2018 0.322050%0.176810%0.692830%
Based on city of Courtenay official website:check source

Courtenay 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 Courtenay's property tax department through the following methods:

Phone number
250-334-4441
Email
finance@courtenay.ca
Courtenay at a Glance
ProvinceBritish Columbia
Settled Year1867
Established Year1915
Incorporated Year 1915
Population 25,599
City Area32.41 km 2 (12.51 sq mi)
Official WebsiteCourtenay Official Website

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

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

Top Real Estate Agents in

Loading
Loading

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*

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 Courtenay's final property tax rate.
Courtenay 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.