Owner service · executive residential
Executive rental management in Vancouver and West Vancouver
Executive rental management means placing a corporate, consular or relocating-family tenant in a high-value home on a 6-month to 3-year term and running the house, not just collecting the rent. A well-marketed executive house or condo in Vancouver typically leases in 4–10 weeks; executive management fees commonly run 10–15% of collected rent (published Vancouver rate cards, 2025–26).
West Vancouver · British Properties · Coal Harbour · Shaughnessy · Point Grey · North Shore · Updated September 2026
4–10 wks
Marketing to signed lease
Executive houses and condos, properly marketed (our placements)
10–15%
Executive management fee
Market range; David quotes per property
6 mo–3 yr
Typical term
Corporate leases run longer; families 12 months
4 types
Of corporate tenant
Company, relocation firm, consulate, production
What do executive tenants expect from a luxury rental?
An executive tenant is spending $6,000 to $25,000 a month of their own or their employer's money. They expect the home to work on day one and to stay working: a named point of contact who answers, not a ticketing portal; a photographed inventory and the written condition inspection the Residential Tenancy Act requires at move-in and move-out; gardens, pool, gutters, snow and alarm monitoring already arranged; a furnished or partly furnished option, which roughly half of executive placements ask for (see furnished rental management); and discretion, because consular, entertainment and senior corporate tenants do not want their bedroom on a public listing.
Corporate lease or personal lease: who is the tenant?
The biggest difference from ordinary residential management is who signs. Whichever pattern applies, the tenancy is still governed by BC's Residential Tenancy Act: deposits capped at half a month's rent for security and half a month's rent for pets, rent increases during the tenancy limited to the annual provincial figure, and the Act's notice rules. A corporate tenant changes the covenant and the paperwork, not the statute.
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| Tenant pattern | Who signs and pays | Term | What the agreement must cover |
|---|---|---|---|
| Company as tenant | Employer signs; employee and family named as occupants | 1–3 years | Substitution of occupant, early termination when the employee is reassigned, responsibility for damage |
| HR relocation firm | Relocation management company sources and sometimes holds the lease | 6–24 months | Firm's own addenda; fast response and complete documentation are the price of entry to their short list |
| Diplomatic or consular | Consulate or foreign government | 2–3 years | Immunity and enforcement questions; often on the government's own form. Lawyer review before signing |
| Production company | Studio or production accounting office | 3–9 months | Usually furnished; cast and senior crew as occupants; wrap-date flexibility |
The four corporate tenant patterns we see in Vancouver and West Vancouver, 2024–26. Personal leases with a relocating family are the fifth and most common pattern.
Why do luxury homes sit empty when marketed like ordinary rentals?
$60,000
Six months empty at $10,000 a month
The fix is not a bigger ad. It is a listing that answers every question an executive tenant or their consultant will ask, on the channels they use (relocation firms, corporate housing desks, consulates, production companies, the MLS through a brokerage partner), with a video walkthrough for the decision-maker who is still in Toronto or Singapore, and a manager who can show, screen and sign inside a week. A tired kitchen or a deferred roof costs more in vacancy than the repair.
What does luxury property management include at the house level?
A West Side or North Shore house is a small operating business. Every trade is on a schedule, every visit is logged, and the tenant knows who is coming and when. That is what keeps a tenant renewing at year three.
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| Area | What is managed | Who pays (typical) |
|---|---|---|
| Gardens and irrigation | Scheduled landscaping, seasonal planting, irrigation start-up and blow-out, tree work | Owner, priced into rent |
| Pool and hot tub | Weekly chemistry and cleaning, heater and pump service, winter cover | Owner, priced into rent |
| Snow and ice | Driveway and walkway clearing on upper British Properties, Chartwell and North Shore streets | Owner, priced into rent |
| Security | Alarm monitoring, cameras, gate and intercom maintenance, key control | Owner; monitoring sometimes tenant |
| Building systems | Boiler and HVAC service, generator test, water shut-off and leak sensors, gutters and roof | Owner |
| Utilities | Hydro, gas, water, internet: tenant's name on unfurnished, owner's name on furnished | Tenant, or included |
| Housekeeping | Optional weekly or fortnightly service for corporate tenants | Tenant |
A typical division for executive houses in Vancouver and West Vancouver. Each tenancy agreement sets its own split. Supervised trades on a house commonly run $600–$2,500 a month, passed through at cost.
Rent collection, reporting, insurance and inventory
Rent collection. Pre-authorized debit or EFT on the first, with corporate accounts-payable schedules handled so the payment does not arrive on the fifteenth. Arrears are followed on day two, not day twenty.
Reporting. A monthly owner statement showing rent, expenses paid, reserves and the net remitted. At year end, a summary that lines up with the CRA's T776 Statement of Real Estate Rentals. Non-resident owners face 25% withholding on gross rent unless an NR6 election is filed; we coordinate the NR4 and NR6 paperwork with your accountant.
Insurance. The owner holds a rented-dwelling policy covering building, liability and loss of rent, with pools, suites and any home business disclosed. The tenant holds contents and liability and provides proof before keys are released. Corporate tenants usually add the owner as additional insured. A standard homeowner policy often lapses when the home is tenanted; confirm with your broker.
Inventory and condition. A photographed room-by-room inventory and the Residential Tenancy Branch condition inspection report at move-in and move-out. On a furnished house that inventory runs to several hundred lines. It is what lets the owner keep a deposit or recover damage without a dispute.
12-month or 3-year term?
General information, not legal advice. Under the Residential Tenancy Act a fixed-term tenancy in BC rolls to month-to-month at the end of the term unless a permitted vacate clause applies (for example, the landlord or a close family member moving in). Rent increases during a tenancy are limited to the annual provincial limit (3% in 2025; check the Residential Tenancy Branch for the current year) and need three months' notice. So the term question is really certainty versus rent.
12-month term
Relocating families, tenants waiting to buy
- Vacancy risk
- Turnover every year; 4–10 weeks to re-lease
- Rent
- Re-set to market at each new tenancy
- Owner flexibility
- High: sell, move in or renovate after 12 months
- Our usual advice
- Houses over $12,000 a month; owners who may sell
2–3 year term
Corporate leases, consulates, multi-year postings
- Vacancy risk
- One turnover in three years
- Rent
- Locked to the provincial increase limit during the term
- Owner flexibility
- Low: the tenant has the home for the term
- Our usual advice
- Condos and houses with a corporate covenant; owners who want no vacancy
What does luxury property management cost in Vancouver?
Published rate cards from Vancouver residential property managers (2025–26) put unfurnished management at roughly 8–12% of collected rent. Executive and furnished management commonly runs 10–15%, reflecting house-level trades, corporate paperwork and furnished inventory. Placement-only services, where the owner self-manages after the tenant is found, are commonly half to one month's rent. David quotes a flat structure per property after seeing it. Furnishing, trades and repairs are the owner's costs and are passed through at cost.
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| Line item | Market range | Source |
|---|---|---|
| Executive / furnished management | 10–15% of collected rent | Published Vancouver rate cards, 2025–26 |
| Unfurnished management | 8–12% of collected rent | Published Vancouver rate cards, 2025–26 |
| Placement only | 0.5–1 month's rent | Published Vancouver rate cards, 2025–26 |
| Trades (gardens, pool, snow) | $600–$2,500 / month on a house | Our supervised contracts, West Vancouver and the West Side |
Market ranges only. David's fee is quoted per property. See also the commercial property management fee guide for owners who hold both.
How long does it take to place an executive tenant?
- Weeks 1–201
Walkthrough, pricing, trades plan
Comparable executive rentals, strata or municipal checks, insurance review, and the list of trades the house needs.
- Weeks 2–502
Preparation
Cleaning, repairs, photography, floor plan, video walkthrough, furnishing if chosen.
- Weeks 4–1203
Marketing to signed lease
Faster January–March and June–September when relocations peak; slower November–December. Relocation firms and corporate desks are worked directly, alongside the MLS and portals.
- Final week04
Move-in
Condition inspection, inventory, utilities, trades handover, keys and codes.
West Vancouver, Coal Harbour, Shaughnessy, Point Grey and the North Shore
Luxury property management in West Vancouver is a different job from managing a Coal Harbour condo. A house in the British Properties or Chartwell needs a snow contract, a pool schedule and a plan for the long driveway; a Coal Harbour tower needs strata coordination, a concierge relationship and a corporate tenant who values the walk to the office. Shaughnessy and Point Grey houses attract multi-year family leases tied to school catchments and UBC; the University Endowment Lands draw academic and diplomatic tenants. The North Shore (Capilano Highlands, Edgemont, Lynn Valley) is where film and television crews and relocating families overlap.
Two taxes follow luxury homes here: the City of Vancouver Empty Homes Tax (3% of assessed value) and the provincial Speculation and Vacancy Tax, which also applies in West Vancouver and the North Shore municipalities. Both are generally satisfied by tenancies of 30 consecutive days or more totalling at least six months of the year. Confirm your declaration with your accountant. The homes we are placing now are on the listings page.
West Vancouver
Ambleside, Dundarave and the waterfront
British Properties
View estates; snow and driveway plans matter
Chartwell
Large lots, pools, view homes
Caulfeild
Family houses near Caulfeild Village
Altamont
Waterfront and estate lots
Capilano Highlands
North Vancouver houses near Edgemont
Coal Harbour
Waterfront towers; corporate demand
Shaughnessy
Estate homes; long-term family leases
Point Grey
View houses near UBC
West Point Grey
Family houses, Jericho and Locarno
Kerrisdale
Established West Side family homes
Kitsilano
Executive condos and character houses
University Endowment Lands
Academic and diplomatic tenants
Southlands
Acreage and equestrian properties
Dunbar–Southlands
Quiet family streets, school catchments
Questions owners ask about executive and luxury rental management
Get a rent range for your house or condo
Send the address. We reply with the executive rent range from comparable placements, the corporate channels we would use, and what the home needs before it shows.
David Siccia Properties handles leasing and management. Property sales are executed by Lawrence Siccia, REALTOR®, Engel & Völkers Vancouver.
Related
Owner services
Tools
- Rental income calculatorRent range and true net for a BC home or condo
- What should my space lease for?Live asking rates by city and asset type
- Metro Vancouver commercial lease ratesMonthly asking rates by city and asset type
- Vacancy cost calculatorWhat an empty unit costs per month
- Net effective rent calculatorFree rent, TI, escalations, NNN
- Lease expiry plannerA dated plan from your lease end date
- Commercial listing auditWhy a listing gets no inquiries
Also see: commercial management fees · commercial lease types in BC · commercial portfolio · contact
General information, not legal, tax or insurance advice
This page summarizes the BC Residential Tenancy Act, Residential Tenancy Branch practice, CRA non-resident rental rules and the Vancouver Empty Homes Tax and BC Speculation and Vacancy Tax as we understand them in September 2026. Confirm your own situation with a lawyer, an accountant and your insurance broker.