Furnished rental property management in Vancouver

Furnished demand in Vancouver is not tourists. It is people who need a home for three to twelve months and do not want to buy a sofa. Every one of the tenant groups below has a company, an insurer or a relocation firm behind them. That changes the risk profile: rent arrives on time, but expectations for the unit are higher than an ordinary rental. A tired mattress or a missing kettle gets reported on day one.

From our placements and the furnished and unfurnished listings we track across Vancouver, the furnished premium sits at roughly 25–45% above the unfurnished asking rent for the same unit, with utilities and internet included in the furnished price. The high end is downtown and Kitsilano condos on 3–6 month terms; the low end is suburban units on 12-month terms, where the tenant could just as easily buy furniture.

Our furnishing standard is written down and the same for every unit: a proper mattress, a sofa that survives three years of tenants, a dining table that seats the bedroom count plus two, blackout blinds in bedrooms, a full kitchen (pots, knives, small appliances, dishes for eight), two sets of linens and towels per bed, a smart TV, and a desk and chair in every unit because most of these tenants work from home part of the week. Everything is on a numbered inventory.

No, provided the term is long enough. This is general information, not legal advice; confirm your own situation with a lawyer. Three lines matter in Vancouver, and most executive, medical and insurance placements sit comfortably past all of them.

Published rate cards from Vancouver residential property managers (2025–26) put unfurnished management at roughly 8–12% of collected rent. Furnished and executive management commonly runs 10–15%, because the manager is handling inventory, utilities in the owner's name, more frequent turnovers and tenants who expect a same-day response. Some managers add a placement fee of half to one month's rent per new tenancy. David quotes a flat structure per property after seeing it.

Furnished demand is concentrated where the tenants' employers are. Downtown, Coal Harbour, Yaletown and the West End hold the head offices, the courts and the convention district, on the Canada Line and Expo Line; that is the deepest executive and consultant demand. Fairview, Mount Pleasant and Olympic Village serve VGH, BC Cancer and the Broadway medical corridor, and the Broadway Subway extension of the Millennium Line adds stations at Oak–VGH, Broadway–City Hall and Mount Pleasant. Kitsilano, Point Grey and UBC draw academics and families relocating into West Side catchments. North Vancouver and Burnaby are where film and television crews and relocating families overlap; for the West Vancouver and North Shore houses, see executive rental management. Richmond works for airport-related contractors with Canada Line access.

Two Vancouver-specific taxes follow furnished homes. The City of Vancouver Empty Homes Tax is 3% of assessed value and the provincial Speculation and Vacancy Tax applies across Metro Vancouver; both are generally satisfied by tenancies of 30 consecutive days or more totalling at least six months of the year. We supply the tenancy records for your declaration; confirm the details with your accountant. The furnished and executive homes we are placing now are on the listings page; owners who also hold commercial space can see the commercial portfolio or contact us about both.