2985 Virtual Way
Vancouver
V5M 4X7

Overview

2985 Virtual Way
Vancouver
V5M 4X7
is a property parcel in Vancouver assessed by BC Assessment (BCA). The assessor folio number is #650280020000, the parcel ID is #024-662-348, the legal type is LAND, the zone name is CD-1 (470) Comprehensive Development. The property was built in 2005, with big improvement in 2005. The current assessed value is $772,687,000, with tax levy of $7,357,168. The narrative legal description of the parcel is LOT 1 SECTION 36 PLAN LMP44003 D ISTRICT LOT THSL NEW WESTMINSTER E XCEPT PLAN LMP49647..

Property Information

PID 024-662-348
Folio 650280020000
Land Coordinate 65028002
Address 2985 Virtual Way
Vancouver
V5M 4X7
Street Name VIRTUAL WAY
Postal V5M 4X7
Legal Type LAND
Zone Name CD-1 (470)
Zone Category Comprehensive Development
Lot 1
Plan LMP44003
District Lot THSL
Narrative Legal Line LOT 1 SECTION 36 PLAN LMP44003 D
ISTRICT LOT THSL NEW WESTMINSTER E
XCEPT PLAN LMP49647.
Year Built 2005
Big Improvement Year 2005
Neighbourhood 021
Report Year 2022

Assessment Roll

Address 2985 Virtual Way
Vancouver
V5M 4X7
Assessment Year 2022
Current Land Value $156,410,000
Current Improvement Value $616,277,000
Tax Levy Value $7,357,168
Total Assessed Value $772,687,000
Previous Land Value $149,349,000
Previous Improvement Value $478,988,000

Property Assessment Roll History

YearTotal Assessed ValueIncreaseLand ValueImprovement ValueTax Levy Value
2022$772,687,00022.97%$156,410,000$616,277,000$7,357,168
2021$628,337,0000.51%$149,349,000$478,988,000$6,398,608
2020$625,135,0009.13%$163,329,000$461,806,000$4,330,573
2019$572,847,00016.45%$267,098,000$305,749,000$5,444,220
2018$491,922,0003.23%$184,206,000$307,716,000$5,428,371
2017$476,543,0006.26%$130,786,000$345,757,000$6,018,395
2016$448,452,00017.12%$77,673,000$370,779,000$6,303,659
2015$382,886,00017.43%$70,611,000$312,275,000$5,838,441
2014$326,051,00010.35%$57,371,000$268,680,000$5,243,777
2013$295,461,00015.55%$58,370,000$237,091,000$4,892,562
2012$255,701,00013.08%$53,880,000$201,821,000$4,507,270
2011$226,127,00032.36%$53,879,000$172,248,000$4,094,448
2010$170,845,00029.11%$46,476,000$124,369,000$3,249,901
2009$132,323,0008.94%$36,107,000$96,216,000$2,720,678
2008$121,460,00050.24%$33,004,000$88,456,000$2,585,446
2007$80,846,00028.01%$32,236,000$48,610,000$1,885,278
2006$63,155,0000.00%$26,863,000$36,292,000$1,657,418

Improve Information

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Vancouver
V5M 4X7
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Dataset Information

This dataset includes 200 thousand properties assessed by BC Assessment (BCA), provided by City of Vancouver, Risk and Supply Chain Management - Revenue Services. The data contains property, or parcel, together with value information, which ensures fair assessment of taxable and non-taxable property of all types and classifications. Each property is disclosed with address, PID, Folio, plan number and description, zoning information, assessment information, etc.