Lake Country, BC property tax
12056 Okanagan Centre Road West, listed by Sotheby's International Realty Canada, full caption
12056 Okanagan Centre Road West, Lake Country. Listed by the Hall Cassie Marshall Group, Sotheby's International Realty Canada.
Your property tax in Lake Country is set by your assessed value and the year's rates, less any home owner grant you qualify for. The District sends the notices each May, and the tax is due on the first business day in July. The notice carries the District's own rates and the ones it collects for the Province, the Regional District, the hospital district, BC Assessment and the Municipal Finance Authority. If you are buying, ask me for last year's tax on any home we look at.
In short
- Lake Country's 2026 residential rate for general municipal purposes is $2.8163 per $1,000 of taxable value.
- Property tax is due on the first business day in July, 2 July in 2026, with a 10 percent penalty from 3 July.
- The 2026 home owner grant here is up to $770, or $1,045 for seniors, veterans and people with disabilities.
Sources read . Source links accompany the answers below.
2026 residential rates
Dollars per $1,000 of taxable value, from Tax Rates Bylaw 1326 and the Province's school tax order.
| Levied for | Per $1,000 |
|---|---|
| General municipal (municipal, policing and library) | $2.8163 |
| Provincial school tax (School District 23) | $1.3110 |
| Regional District of Central Okanagan | $0.2655 |
| Central Okanagan Regional Hospital District | $0.2046 |
Not a total: BC Assessment and Municipal Finance Authority levies, and any specified area charge such as fire protection, are added on your notice, and the home owner grant comes off it.
What are the 2026 residential property tax rates in Lake Country?
The District's 2026 residential rate for general municipal purposes is $2.8163 per $1,000 of taxable value: $1.9508 municipal, $0.7616 policing and $0.1039 for the Okanagan Regional Library.
The other 2026 residential rates include $1.3110 of provincial school tax, $0.2655 for the Regional District of Central Okanagan and $0.2046 for the regional hospital district. BC Assessment and Municipal Finance Authority levies, and any specified area charge such as fire protection, are added on the notice.1
What is a typical Lake Country house assessed at?
BC Assessment's 2026 typical assessed value for a single-family home in the District of Lake Country is $933,000, its market value on 1 July 2025.
The District estimates that its 2026 increase to the municipal, policing and fire portion adds about $160 a year, or $13 a month, for that typical home.2
When is property tax due, and how do I pay it?
On the first business day in July; in 2026 that was 2 July, and a 10 percent penalty applied to any unpaid balance, an unclaimed home owner grant included, from 3 July.
Pay through online banking with the payee Lake Country - Property Tax, at your bank, by mail, at Municipal Hall, or by credit card through a MyLakeCountry account for a fee. A mailed payment counts on the day the District receives it, not the postmark.3
How does the BC home owner grant work?
Claim it each year from the Province at gov.bc.ca/homeownergrant; the District does not take grant applications.
For 2026 the threshold is $2,075,000, and outside Metro Vancouver, the Fraser Valley and the Capital Regional District the grant is up to $770, or $1,045 for seniors, veterans and people with disabilities. It drops by $5 for each $1,000 of value over the threshold.4
Photo: Hall Cassie Marshall Group, full caption
Lakestone and Tyndall Bench at dusk, Lake Country. Lots 1 to 26 Tyndall Road, listed by Tyler Dumaine, Hall Cassie Marshall Group, Sotheby's International Realty Canada. Photograph: Hall Cassie Marshall Group.
Can I defer my property taxes?
The Province's deferment program is a loan: the Ministry of Finance pays the year's taxes after the due date and registers a lien on the property.
You may qualify at 55 or older, as a surviving spouse or a person with disabilities, or under the families with children program. Taxes deferred for 2026 and later carry interest at prime plus 2 percent, compounded monthly.5
Are water and sewer part of the property tax?
No. The District bills water, sewer and garbage separately, every three months.
The 2026 single-family water base rate is $610 a year per home plus $1.29 a cubic metre, and a home on sewer pays a $640 yearly sewer user fee. Utility charges still unpaid on 31 December move to the property tax account.6
How is my assessed value set, and can I appeal it?
BC Assessment values each property at its market value on 1 July of the year before and its condition on 31 October, and mails notices in early January.
If you still disagree after talking to BC Assessment, file a Notice of Complaint (Appeal) by 31 January for an independent Property Assessment Review Panel.7
Sources
- District of Lake Country, 2026 Tax Rates Bylaw 1326; Province of BC, Order in Council 124/2026.
- BC Assessment, Southern Interior 2026 Property Assessments Announced; District of Lake Country, 2026 Budget.
- District of Lake Country, Property Taxes; Property Tax Payment Options.
- Province of BC, Home owner grant.
- Province of BC, Property tax deferment program.
- District of Lake Country, Utility Billing.
- BC Assessment, Key Dates.
The District of Lake Country, the Province of BC and BC Assessment, read 26 September 2026.
If your question is not answered here, ask me.
Contact Tyler