provincial · Prince Edward Island
Property tax deferral (INTEREST-FREE)
Defers property-tax payments on your principal residence, interest-free — taxes keep being levied but no interest accumulates; everything becomes payable when the owner dies or sel
- Verified Aug 22, 2026
- provincial program · Prince Edward Island
Housing
At a glance
- Worth:
- deferral while owned
- Who:
- Defers property-tax payments on your principal residence, interest-free — taxes keep being levied but no interest accumulates; everything becomes payable when the owner dies or sells
- Apply:
- Official program page
What it could be worth
Amount
deferral while owned
How it benefits you
- Defers property-tax payments on your principal residence, interest-free — taxes keep being levied but no interest accumulates; everything becomes payable when the owner dies or sel
What you need to qualify or apply
Eligibility
- Defers property-tax payments on your principal residence, interest-free — taxes keep being levied but no interest accumulates; everything becomes payable when the owner dies or sells
- Eligibility: 65+, occupied the principal residence ≥ 6 months in the year before applying, household income under $42,000
- One property only; on multi-unit or >1-acre properties only the occupied portion/house lot qualifies.
How to apply
- Defers property-tax payments on your principal residence, interest-free — taxes keep being levied but no interest accumulates; everything becomes payable when the owner dies or sells
- Eligibility: 65+, occupied the principal residence ≥ 6 months in the year before applying, household income under $42,000
- One property only; on multi-unit or >1-acre properties only the occupied portion/house lot qualifies
- Apply with the application form plus Notices of Assessment for all owners and residents
- Contact: Taxation and Property Records, 902-368-4070.
Read more from the official source
Amounts & rules verified Aug 22, 2026
Amounts and rules can change — always confirm on the official source before applying.
This page is general information, not a CRA or provincial determination — amounts and rules can change. Not sure where you stand? The free benefits check walks you through it, or a Registered Social Worker can review your full situation.