The threshold for the provincial homeowner grant for residential properties in B.C. has been set at $2.075 million for 2026, providing modest property tax relief to eligible homeowners.

Basic grant amounts remain unchanged:

• as much as $570 for properties in the Capital Regional District, Fraser Valley Regional District and Metro Vancouver Regional District
• as much as $770 for properties outside those areas

Seniors, veterans and people with disabilities, or those living with a relative who has a disability, may be eligible for additional grants for a total of:

• as much as $845 in the Capital Regional District, Fraser Valley Regional District and Metro Vancouver Regional District
• as much as $1,045 outside those areas

In 2025, nearly 500,000 seniors and more than 19,000 people with disabilities received this extra support.

To be eligible, the property must be the homeowners’ principal residence. Homeowners must apply to receive the grant. Homeowners can submit their grant application any time during the tax year.

The best time to apply is in May after property tax notices have been received and before the property-tax due date, typically in July.

Those who apply for the homeowner grant after their property-tax due date may face late-payment penalties to the unpaid portion of their property taxes normally covered by the grant.

The quickest and easiest way to apply is online through the B.C. government website. Applications are also accepted at ServiceBC centres or by phone at 1-888-355-2700.

Homeowners may also be eligible for B.C.’s Property Tax Deferment Program if they:

• support a dependent child (Families with Children Program)
• are 55 or older during the current year
• are a surviving spouse
• are a person with disabilities

Quick Facts:

• BC Assessment values are based on the market value of similar property sales as of July 1, 2025. 
• This year's threshold is down from $2.175 million last year.
• Seniors with low incomes may be eligible for the low-income grant supplement if their home value exceeds the threshold.
• Homes valued above the threshold may qualify for a partial homeowner grant, as the grant is gradually phased out at the rate of $5 per $1,000 of assessed value.
• Homes phase out at $2.189 million in the Capital Regional District, Fraser Valley Regional District and Metro Vancouver Regional District, and $2.244 million for the additional grant for seniors, veterans and people with a disability.
• Outside of those areas, homes phase out at $2.229 million for the basic grant and $2.284 million for the additional grant.

Learn More:

Learn more about or apply for the B.C. homeowner grant: 
https://www2.gov.bc.ca/gov/content/taxes/property-taxes/annual-property-tax/home-owner-grant/apply

Search, check and compare property assessment information: 
https://www.bcassessment.ca/