Source Feed: The Globe and Mail
Author: Nono Shen
Publication Date: June 12, 2025 - 12:52
How undervaluation of Vancouver real estate could cost millions in property taxes
June 12, 2025
Retired architect Michael Geller says he’s always keen to restore some “justice” to Vancouver’s real estate scene.So, when he noticed an official BC Assessment valuation of about $6.4-million on the site of a former heritage hotel in downtown Vancouver – about a third of its true value for tax purposes, by Geller’s reckoning – he felt he had to act.
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