Downtown Vancouver
$2,250 /mo
Rented 20261 bed + den condo
Spectrum, Regiment Square.
Owner services · Long-term residential
Tenant placement services in Vancouver
Tenant placement costs half of the first month's rent, as a one-time fee. For that we price the home, advertise it, show it, screen the applicants and complete the BC paperwork. If you want us to stay on, full management is 8% of collected rent.
For owners of condos, houses, townhomes and suites · Vancouver, Richmond, Burnaby, the North Shore and New Westminster
One-time
½ month
tenant placement fee
Half of the first month's rent, as a one-time fee.
8%
full management
Of collected rent. Optional, after placement.
50+
rental properties handled
Across seven Metro Vancouver areas.
01
What is tenant placement, and what does it cost?
Tenant placement is a one-time service that takes a vacant home to a screened tenant with a signed tenancy agreement, and our fee is half of the first month's rent. There is no monthly charge. Once the tenant has moved in, you collect the rent and run the tenancy yourself.
If you would rather hand over the whole job, full long-term management is 8% of collected rent. For context, published rate cards from Vancouver residential property managers (2025–26) put unfurnished management at roughly 8–12% of collected rent.
David Siccia is licensed with BCFSA as a Rental Property Management representative at Heller Murch Realty, licence RE605349. He has handled more than 50 rental properties across Vancouver, Richmond, North Vancouver, West Vancouver, Burnaby, New Westminster and South Vancouver.
Included in the placement fee
- A written rent range with the listings it is based on
- Photos, listing copy and advertising on every channel
- Inquiries answered and in-person showings
- Screening, with a written summary of each complete application
- Tenancy agreement, deposits and the move-in condition inspection report
- Keys handed over and the full file sent to you
What does that come to at my rent?
| Monthly rent | Placement fee, one-time | Management fee, per month | Management, 12 months |
|---|---|---|---|
| $2,500 | $1,250 | $200 | $2,400 |
| $3,500 | $1,750 | $280 | $3,360 |
| $5,000 | $2,500 | $400 | $4,800 |
Placement fee is half of the first month's rent. Management fee is 8% of collected rent, shown here with every month collected. What is included and any third-party costs are confirmed in your agreement before work starts.
Not sure what your home rents for? These are the unfurnished asking-rent ranges behind our rental income calculator, with the placement fee that goes with each.
| Area | 1-bed condo rent | Placement fee | 2-bed condo rent | Placement fee |
|---|---|---|---|---|
| Vancouver: Downtown, Coal Harbour, Yaletown | $2,600–$3,100 | $1,300–$1,550 | $3,600–$4,600 | $1,800–$2,300 |
| Vancouver: West Side | $2,500–$2,950 | $1,250–$1,475 | $3,500–$4,300 | $1,750–$2,150 |
| Vancouver: East Side and South Vancouver | $2,300–$2,700 | $1,150–$1,350 | $3,000–$3,700 | $1,500–$1,850 |
| North Vancouver | $2,350–$2,750 | $1,175–$1,375 | $3,100–$3,800 | $1,550–$1,900 |
| West Vancouver | $2,600–$3,200 | $1,300–$1,600 | $3,600–$4,800 | $1,800–$2,400 |
| Burnaby | $2,250–$2,600 | $1,125–$1,300 | $2,900–$3,500 | $1,450–$1,750 |
| Richmond | $2,150–$2,500 | $1,075–$1,250 | $2,800–$3,400 | $1,400–$1,700 |
| New Westminster | $2,100–$2,400 | $1,050–$1,200 | $2,700–$3,200 | $1,350–$1,600 |
David Siccia Properties market table, updated Sep 2026, based on CMHC Rental Market Survey 2025, liv.rent/Zumper listing reports and our own placements. Unfurnished monthly asking rents for a standard-condition unit, not achieved rents. Placement fee column is half of each end of the range. South Vancouver is read from the East Side row.
02
What exactly do you do to find the tenant?
Five things, in this order: price the home, photograph and write the listing, advertise it on five channels, answer every inquiry, and show it in person. You get a short weekly note on inquiries and showings.
01Price it against this week's competition
We see the home, then set a rent range from our market table and the live listings yours will sit beside. You get it in writing.
02Photos and listing copy
Bright, level photos of every room, and copy that answers what renters ask first: rent, date available, pets, parking, utilities and lease length.
03Advertise on five channels at once
MLS, our own website, social media, online rental marketplaces including Facebook Marketplace, and direct inquiries from David's network. On Facebook Marketplace David holds 27 ratings and the "Highly rated" badge, as of September 2026.
04Answer every inquiry
Everyone is asked the same questions before a showing is booked: move-in date, who will live there, pets, and whether the rent fits their income.
05Show it in person
Showings are done in person, and you hear what people said about the price.
03
How do you screen applicants?
Every adult applicant is checked on the same four things: income and employment, credit, prior landlord references and identity. The checks run in the same order for everyone, and you choose the tenant from a written summary.
Income and employment
Pay stubs or an employment letter, confirmed with the employer. Self-employed applicants provide notices of assessment and bank statements.
Credit check, with consent
Run only with the applicant's written consent. We read the payment history and collections, not only the score.
Prior landlord references
The current landlord and the one before, called directly. The earlier one has no reason to be generous.
Identity
Government photo ID seen in person and matched to the name on the application.
BC Human Rights Code
What a landlord may not screen on
- Race, colour, ancestry, place of origin or Indigenous identity
- Religion
- Marital or family status, which includes having children
- Physical or mental disability
- Sex, sexual orientation, gender identity or expression
- Age, with limited exceptions such as 55-plus buildings
- Lawful source of income, such as income assistance or a pension
Summary of the tenancy protections in the BC Human Rights Code as described by the BC Human Rights Tribunal. Exceptions are narrow. Ask a lawyer before relying on one.
So an owner can decline an applicant whose verified income does not support the rent, and cannot decline one because that income is a pension or because the household has children. The full method is in how to screen a tenant in BC.
04
What paperwork do you complete?
Five documents: the tenancy agreement on form RTB-1, the security deposit record, the pet damage deposit record, the move-in condition inspection report and, in a strata, Form K. You receive the whole file, signed, on move-in day. This is general information, not legal advice.
| Document | Form | What the rules require |
|---|---|---|
| Tenancy agreement | Form RTB-1 | In writing, signed and dated by both sides, on the Province's form with the required standard terms. We add an addendum for strata bylaws, pets, smoking and parking. The tenant gets a copy within 21 days. |
| Security deposit | Receipt and record | No more than half of the first month's rent. |
| Pet damage deposit | Receipt and record | No more than half of the first month's rent, regardless of the number of pets. |
| Move-in condition inspection report | Form RTB-27 or equivalent | The tenant is offered two opportunities, we walk the unit with them, complete the report with photos and give them a copy within 7 days. A landlord who skips this can lose the right to claim against the deposits. |
| Strata Form K, where the home is in a strata | Notice of Tenant's Responsibilities | Signed by the tenant and delivered to the strata corporation within two weeks of renting, with the current bylaws and rules given to the tenant. |
Summarized from the Province of British Columbia's Residential Tenancy Branch pages on gov.bc.ca (tenancy agreements, deposits and fees, move-in condition inspection), read in September 2026, and the Strata Property Act requirement for Form K. Rules change. Check the current page and confirm with a lawyer.
Rent increases, notices and the move-out inspection come later in a tenancy. They are covered on the long-term rental management page.
05
How long does it take to rent a home in Vancouver?
It depends on price, condition and season, so we do not quote a number of days. We plan for about 30 days from walkthrough to move-in. A correctly priced, clean home listed three to four weeks before it is available usually has applications before it is empty. Three things decide the speed, and the owner controls the first.
Price
The biggest factor. A home priced above its range sits, and every empty week costs about a quarter of a month's rent.
Photos
Renters decide whether to book a showing from the first image.
Response time
Good applicants look at several homes in the same week. The owner who replies the same day gets the showing.
Key takeaway
1 week
is how long we wait before telling you the price is wrong
If the inquiry count in the first week says the rent is too high, we say so and show you the numbers. A small reduction early usually costs less than another empty month.
Check my rent range 06
Recently rented
Six homes David placed tenants in during 2026, from a $1,500 suite in Burnaby to a $7,900 house in Kerrisdale. The second figure on each card is half a month at that rent.
Richmond, Brighouse
$2,250 /mo
Rented 20262 bed 2 bath apartment
1,119 sq ft.
Richmond, Oval Village
$3,100 /mo
Rented 20262 bed 2 bath condo
River Park Place, 12th floor.
Burnaby, Kingsway
$1,500 /mo
Rented 20261 bed suite
Custom-finished suite.
Vancouver, Kerrisdale
$7,900 /mo
Rented 20264 bed 3 bath house
West Boulevard. 3,500 sq ft, offered furnished or unfurnished.
Vancouver, Commercial Street
$2,500 /mo
Rented 20262 bed main-floor suite
Character home, 1,200 sq ft.
Placements by David Siccia, 2026. Street addresses are left out. Homes available now are on the listings page.
07
Placement only, or placement plus management?
Choose placement only if you live nearby, know the Residential Tenancy Act and want to run the tenancy yourself. Add management if you are away, busy, or would rather not be the person the tenant calls. Plenty of owners self-manage well once the right tenant is in.
One-time · half of the first month's rent
Tenant placement only
- Rent range, photos, listing, advertising and showings
- Screening with a written summary; you choose the tenant
- RTB-1 agreement, deposits and the move-in condition inspection report
- After move-in, you collect rent, handle repairs and serve rent increases
Fits owners who live in Metro Vancouver, hold one or two units and have trades they trust.
Ongoing · 8% of collected rent
Placement plus full management
- Everything in placement
- Rent collection, arrears follow-up and monthly owner statements
- One contact for the tenant, trades dispatched, inspections
- Rent increase notices on time and on the right form
- Move-out inspection, deposit accounting and re-letting
Fits owners who live abroad or out of town, hold several units, or have had a tenancy go wrong.
08
What do you need from me to start?
Six things, most of which fit in one email: the address and date, confirmation you can sign, the strata documents, your terms, access, and a list of known repairs.
- 1
The address and the date it is available
Three to four weeks of lead time is ideal.
- 2
Confirmation you can sign for the property
Your name as it appears on title, and any co-owners.
- 3
Strata bylaws and rental rules
Plus move-in fees and the strata manager's contact, if there is a strata.
- 4
Your terms
Pets, smoking, furnished or not, lease length, parking and utilities.
- 5
Access
Keys and fobs, or a time to meet us at the door.
- 6
Anything you know needs fixing
So it is done before the first showing, not discussed at it.
Send the address and the date
You get a rent range and a make-ready list back. If the home does not need us, we will say so.
Start a placement
09
Questions owners ask about tenant placement in Vancouver
Related
Residential owner services
Guides and tools
Get a rent range and a placement plan for your home
Send the address, the date it is available and a few photos. You get a rent range, a make-ready list and the placement fee in dollars: half of the first month's rent. Office: 110-2490 Birch Street, Vancouver.
David Siccia Properties handles leasing and management. Property sales are executed by Lawrence Siccia, REALTOR®, Engel & Völkers Vancouver.
General information, not legal or tax advice
This page summarizes the BC Residential Tenancy Act, the Strata Property Act and the BC Human Rights Code as we understand them from published guidance in September 2026. Rules change, and nothing here is a guarantee of a tenant, a rent or a timeline. Fees are confirmed in a written service agreement. Confirm your situation with a lawyer and an accountant before you rely on anything here.