Municipal Finance
Nanaimo Property Tax — 2026
Residential mill rate of 7.47 mills. Estimated $4,923/year on a $450,000 assessed home in British Columbia.
By Canadian Property Tax Data Team · Sourced from official open data
Direct municipal dataAd · 728×90
Residential mill rate
7.47 mills
$3,362/yr municipal on $450,000 home
Education levy
3.47 mills
$1,562/yr on $450,000 home
Estimated total tax
$4,923/yr
Municipal + education on $450,000 assessed value
Commercial mill rate
10.46 mills
2026 rate
Rate vs provincial average
How Nanaimo compares to other British Columbia municipalities
Nanaimo7.470000000000001 mills
British Columbia average9.033999999999999 mills
Nanaimo is 17.3% below the provincial average of 9.03 mills.
Tax estimate on median home
Based on a $450,000 assessed value
Annual breakdown
- Municipal portion
- $3,362
- Education levy
- $1,562
- Estimated total
- $4,923/yr
Mortgage rates
Lower your Nanaimo housing costs
Property tax is only part of the picture. Compare current mortgage rates from Canadian lenders and see how much you could save on your monthly payment.
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Source · Statistics Canada 46-10-0026-01 (seed). Last updated 2026. Refreshed on the site's automated schedule.