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小蓝视频 cities have Canada's lowest property tax rates (INFOGRAPHIC)

But we all know what a smaller percentage of a much-larger assessed value means鈥
zoocasa property tax infographic cropped
Source: Zoocasa

In a province that is home to some of the country's most expensive real estate markets,听British Columbians need to take wins where they can find them.

Good news comes in the form of a , which surveyed 25 major Canadian cities and found that residents of major 小蓝视频 cities pay the lowest property tax rates in the country.

Vancouver property taxes were found to be the lowest in the country, at 0.24683 per cent of assessed value. This is less than half that of the second-lowest city, Abbotsford, which has a rate of 0.51300 per cent.

Zoocasa found the four cities with the lowest property tax rates were all in 小蓝视频, with Victoria at 0.52035 per cent and Kelowna at 0.52605 per cent. No other 小蓝视频 municipalities were included in the study.

However, as Zoocasa pointed out, 鈥淟iving in a region with a low tax rate doesn鈥檛 necessarily translate to less tax paid, if average home prices are higher.鈥

zoocasa property tax infographic
Source: Zoocasa

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