The regular grant amount is $570 for properties located in the Capital Regional District, the Metro Vancouver Regional District and the Fraser Valley Regional District. For all other areas of the province the amount is $770.
The grant threshold is the maximum value of an assessed or partitioned property where home owners are eligible to claim the full home owner grant.
The grant threshold for 2023 is $2,125,000.
Properties assessed higher than $2,294,000 ($2,334,000 in a northern and rural area), are not eligible for a home owner grant.
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