May 25, 2013

Property Tax Information

The value of your property, as assessed by the BC Assessment Authority, is multiplied by the tax rates as set out by each of the taxing jurisdictions to determine your property taxes. Questions relating to your property assessment should be referred to the Assessment Authority office in Nanaimo (#300 - 125 Wallace Street, Nanaimo, BC V9R 5B2) at 1 800 977-2775.

In 2010, for Parksville, the average assessed value decreased by 4.2% for residential property. Changes in actual property taxes payable will depend upon how the actual assessed value for a property changed in relation to the average. Property taxes in 2010 for the average single-family residential property assessed at $300,060, increased 0.57% or $13.41 to $2,368.

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