The provincial government says the basic homeowner grant for 2026 remains unchanged.
The Finance Ministry announced Friday (Jan. 2) that the threshold for homeowner grants for residential properties in B.C. has been set at $2.075 million for 2026. It’s down from $2.175 million in 2025.
Homes valued above the threshold, according to the ministry, may qualify for a partial homeowner grant, as it is gradually phased out at the rate of $5 per $1,000 of the assessed value. Homes phase out at $2.189 million in the Capital, Fraser Valley and Metro Vancouver regional districts and at $2.244 million for the additional grant for seniors, veterans and people with disabilities.
Outside of those areas, homes phase out at $2.229 million for the basic grant and $2.284 million for the additional grant.
Basic grant amounts are set at:
• As much as $570 for propertis in the Capital, Fraser Valley and Metro Vancouver regional districts
• As much as $770 for properties outside those areas
Meanwhile, seniors, veterans and people with disabilities, or those living with a relative who has a disability, may be eligible for grants of:
• As much as $845 in the Capital, Fraser Valley and Metro Vancouver regional districts
• As much as $1,045 for properties outside of those areas
The ministry says that in 2025, nearly 500,000 seniors and more than 19,000 people with disabilities applied for and received the grant.
To be eligible for the grant, the property must be the homeowners’ principal residence and homeowners must apply to receive the grant. The province says the best time to apply is in May, after property tax notices have been received, but before the property tax due date, which is typically in July.