Photo: Unsplash
Photo: Unsplash
Where the rentals are, and what kind of rentals they are.
Dense and walkable, between downtown and Stanley Park. Much of the city’s purpose-built rental housing is here, in walk-ups and towers from the 1950s to the 1970s.
Glass condo towers, many of them rented out by their individual owners rather than by a building manager.
Close to the beaches on the west side: older low-rise apartment buildings, plus character houses divided into suites.
Along Main Street and Broadway, older walk-ups sit beside newer mid-rise rental buildings.
Around Commercial Drive: character houses with suites, and low-rise apartment buildings.
In the city’s south end by the Canada Line’s Marine Drive station — older walk-ups, now joined by new rental towers.
Three kinds of rental make up most of the market: purpose-built apartment buildings, many from the 1960s and 70s; condos rented out by their owners, concentrated downtown and along SkyTrain; and secondary suites — basement suites, and laneway homes behind houses, especially on the east side.
In tower neighbourhoods we can usually find listings in the same building, which keeps the range tight. Laneway homes are scarcer, so for a laneway we widen the search to suites, condos and townhouses of a similar size — expect a wider range there.
Same method everywhere — comparables first, adjusted for size, and you see every one. How we estimate →
Vancouver follows B.C.’s Residential Tenancy Act, like everywhere else in the province: rent on an existing tenancy can go up once every 12 months, with written notice on the official form, by no more than the yearly maximum the province sets. Between tenants there’s no cap — a landlord can set a new rent.
Check the current B.C. rules →
Photos: Unsplash; Coquitlam by John Shorten, CC BY 4.0, cropped.
All of Metro Vancouver →