Quick Answer: How do I pay my property taxes in Burnaby?

How do you know what my property taxes are?

To estimate your real estate taxes, you merely multiply your home’s assessed value by the levy. So if your home is worth $200,000 and your property tax rate is 4%, you’ll pay about $8,000 in taxes per year.

What is basic grant for property tax?

The home owner grant reduces the amount of property tax you pay for your principal residence. The grant is available to homeowners who pay property taxes to a municipality, or to the province if they live in a rural area.

What is account number for Burnaby property tax?

IMPORTANT: When paying your property tax, the payee account name should be Burnaby PROPERTY TAX and the account number is the 12 digit folio number.

Can I lookup my property taxes online?

You can view and print your current property tax statements or view past payment history by visiting the Property Tax Payment Portal. … Pay your tax bill online by electronic check (eCheck) with no service fee by entering in your checking account information.

How can I lower my property taxes?

10 Ways to Lower Your Property Taxes

  1. Lower Your Tax Bills. …
  2. Review Your Property Tax Card for Errors. …
  3. Appeal Your Tax Valuation—Promptly. …
  4. Get Rid of Outbuildings. …
  5. Check to See If You Qualify for Property Tax Relief. …
  6. Move to a Less Expensive Area. …
  7. Compare Tax Cards of Similar Homes. …
  8. Have Your Property Independently Appraised.
THIS IS IMPORTANT:  Frequent question: How much money does a real estate agent make in CT?

What is a home grant?

HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant to build a new home, substantially renovate an existing home or buy an off the plan home/new home. … A $25,000 grant is available for eligible contracts entered into on or after 4 June 2020 up to and including 31 December 2020.

What is a home Owners grant?

What is the First Home Owner Grant? A $10,000 First Home Owner Grant (FHOG) is available when you buy or build your first new home. Your first new home can be a house, townhouse, apartment, unit or similar that is newly built, purchased off the plan or substantially renovated.

What is regular grant?

Regular grant means the monthly prepayment of assistance on a continuing basis.