Use the Property Tax Estimator below to determine how much your property's assessed value will affect your property taxes for the year. This tool is based on the 2024 Municipal Tax rate increase of 4.5%, and the approved rate increase for all other authorities
Your assessed value is multiplied by the tax rate for your assessment class and divided by 1,000. The tax rate (or mill rate) is comprised of the rates levied by each taxing authority.
The net average assessment value increase for Class 6 Business properties in Burnaby for 2024 is 2.58%. Use this figure in comparison to the percentage increase in your property value as an indicator as to if your taxes are likely to rise or fall.
Please note:
Figures are an estimate only and do not include items such as Sewer Parcel Tax. Municipal Property Tax
notices are issued in June.
For more information please visit burnaby.ca/propertytaxes
Enter a propery value below to estimate your business property taxes for the year.
Burnaby keeps 52 cents of each property tax dollar
48 cents out of each dollar collected in property taxes is used to fund other taxing authorities such as School and TransLink.
Municipal Services includes but is not limited to: Police, Fire, Engineering (including roads), Parks and Recreation, Culture, Community Services, Library, and general administration.