Wise Property Management · Vancouver
Airbnb Management Vancouver.
For The Home You Live In.
Vancouver licenses short term rentals in a principal residence only, one licence per person, at the highest annual fee in the country. It is a homeowner market by design. If you live in the unit, it can be licensed, registered and run, and I run it.
Vancouver permits short term rentals only in your principal residence, one licence per person. The city licence is $1,108 a year plus a $77 application, both non-refundable. Provincial tax on the stay runs to 13.5 percent. Wise Property Management handles the licence, the registry and the operation at twenty percent of net revenue.
Annual Licence
Plus a $77 application fee. Both are non-refundable.
Licence Per Person
One property, and one confirmed reservation at a time.
Provincial Tax
8% PST, 3% MRDT and 2.5% Major Events MRDT, before GST.
Provincial Registry
Per unit, per year, where the host lives. Separate from the city licence.
What Vancouver Actually Requires
Four rules decide whether a property can operate at all. Every figure here was read off the City of Vancouver and Province of BC sites on 15 September 2026 and is cited at the bottom of this page.
It Has To Be Where You Live
The City requires the property to be your principal residence unit, which it defines as where you live, pay bills and receive mail. The provincial principal residence requirement applies to Vancouver on top of that. An investment condo has no route here at any price.
City of Vancouver and Province of BC
The Fee Is The Highest In Canada
A $1,108 annual licence and a $77 application fee, both stated non-refundable. Renew by 31 December or a $111 late fee applies. Get strata approval before you pay, not after.
Renewal handled under management
One Licence, One Property, One Booking
Verbatim from the City: only one licence for each person. You cannot licence the main house and the suite. Garages and studios are ineligible however they are finished. Only one confirmed reservation at a time.
No route to a second unit
Thirteen And A Half Percent In Tax
Eight percent PST, three percent MRDT and a 2.5 percent Major Events MRDT running to 31 January 2030. Because the combined provincial tax exceeds twelve percent, GST then applies on top of the taxes themselves.
Province of BC, notice to Vancouver providers
Vancouver In Public Data
Two figures from public registers and national statistics, both under open licences that permit this use. Neither is a revenue number.
Of the housing stock, 2021
4,714 of 1,048,029 dwellings in the Vancouver census metropolitan area were short term rentals that could otherwise house someone long term. This is the number the rules on this page exist because of.
Statistics Canada, 2021
Adapted from Statistics Canada, Short-term rentals in the Canadian housing market, Catalogue no. 11-621-M2024010, 2024. This does not constitute an endorsement by Statistics Canada of this product. The Statistics Canada figures are for the 2021 reference year, which is the most recent published in that study. They are a housing supply measure and not a revenue estimate, and nothing on this site estimates what a property earns.
What I Run In Vancouver
One team instead of three vendors pointing at each other. Twenty percent of net revenue, month to month, no onboarding fee and no monthly minimum.
Guest Communication
Fast responses, pre arrival messaging, check in support and full stay coverage, on the same clock as every property under management. You never have to answer a guest.
Turnover Management
Scheduling, quality control, laundry and staging on every reset, with photo proof filed against the property. Outside Calgary the crew is local, vetted and run to the CleanStays standard.
Issue Coordination
Maintenance, access problems and urgent requests routed to a vetted local trade and quoted before any work happens. Nothing gets done and then billed.
Listing And Rate Strategy
Photography direction, title, description and amenity strategy, plus pricing and review management. In a capped market the calendar is managed for rate, not for occupancy.
Registration And Tax Admin
Registration, annual renewal, the licence number displayed on the listing, and accommodation tax tracked and remitted. The part owners forget until the city writes to them.
What Is Different About Vancouver
The three things that catch owners here, and the one I will not pretend about.
Most Duplexes Are Stratas
The City itself tells owners to check BC Assessment, because most duplexes and multi-unit properties are stratified and their owners do not know it. Strata approval is required before you apply, and the fees do not come back if the strata says no.
Two Registrations, In Order
City licence first, then the provincial short term rental registry at $100 a year per unit where you live. Both numbers go on the listing, and a listing without the provincial number gets removed by the platform. The order is not optional.
Calgary Crews Do Not Drive To Vancouver
CleanStays and Wise Property Services are Calgary companies with Calgary crews. In Vancouver I manage the property and coordinate vetted local cleaning and trades against the same written standard. Said plainly here rather than implied everywhere else.
Why Guests Book Vancouver
Demand here is year round and it is geographic. These are the drivers a listing is positioned against.
The Seawall And Stanley Park
Stanley Park, the seawall, English Bay and the West End. A unit walkable to the seawall or to a SkyTrain station is a different listing from one that needs a car.
Granville Island And The Food Scene
Granville Island, Gastown and the restaurant density downtown. Vancouver guests book on walkability more consistently than on square footage.
The North Shore Mountains
Grouse, Cypress and Seymour are inside an hour of downtown, which gives the city a genuine winter shoulder season on top of its summer.
The Gateway Effect
Vancouver is the arrival and departure city for Whistler, Vancouver Island and the Alaska cruise season. A large share of stays here are one or two nights on either end of a longer trip, which changes how the calendar is priced.
Vancouver Questions
Yes, if the property is your principal residence, which the City defines as where you live, pay bills and receive mail. You need a City short term rental business licence and a provincial registration. An investment property you do not live in cannot be licensed in Vancouver, and no management company can change that.
The City of Vancouver charges a $1,108 annual licence fee and a $77 application fee, and states that both are non-refundable. The licence renews every year by 31 December, and a late renewal carries a $111 late fee. On top of that, the provincial short term rental registry charges $100 a year per unit where the host lives.
The City of Vancouver does not publish an annual night cap on its short term rental pages. What it does publish is that the licence is required for any rental of less than 90 consecutive days, that only one licence is issued per person, and that you may have only one confirmed reservation at a time. Confirm the current rules with the City before you list.
Three provincial taxes stack in Vancouver: eight per cent PST, three per cent Municipal and Regional District Tax, and a 2.5 per cent Major Events MRDT running until 31 January 2030. Because the combined provincial tax exceeds twelve per cent, GST then applies on top of the taxes as well as the room rate. All of it is collected on the stay and remitted.
Probably yes. The City specifically tells owners to check BC Assessment, because most Vancouver duplexes and multi-unit properties are stratified and their owners often do not realise it. Strata or landlord approval must be in hand before you apply, and the $1,108 and $77 are not refunded if the strata later declines.
No. Wise Property Management is a Calgary company and it manages properties across Canada. In Vancouver I run the property and coordinate vetted local cleaning and trades to the same written standard used in Calgary. The in house crews, CleanStays and Wise Property Services, are Calgary only. That is said here rather than discovered later.
Twenty percent of net revenue, month to month, with no onboarding fee and no monthly minimum. Cleaning is billed to the guest as a turnover fee rather than to you, and maintenance is quoted before any work happens. The fee is the same in every market.
Send Me The Vancouver Property
Three short steps. It takes about a minute, and it tells me enough to price the opportunity before we speak.
Got it.
I read every one of these myself. You will hear back with what the property should earn against the Vancouver rules and what it would take to run it.
Where These Numbers Come From
Every figure on this page, checked 15 September 2026. Rules change. Confirm against the City and the Province before you list.
Short Term Rentals, City of Vancouver
City of Vancouver. The principal residence test, the $1,108 licence and $77 application fee, the $111 late fee, the 31 December renewal, one licence per person, the strata requirement and the “up to $1,000 for each offence” ceiling.
Read it at the source
Short Term Rental Host Registration
Province of BC. The $100 and $450 provincial registry tiers, annual renewal and the 40 day renewal window.
Read it at the source
PST On Accommodation
Province of BC. The eight per cent PST, the three per cent MRDT maximum and the 2.5 per cent Major Events MRDT that applies in Vancouver.
Read it at the source
Registration, night caps and accommodation tax are set by the municipality and change. Confirm the current rules, and your own condominium declaration or lease, before you list. Nothing here is legal advice.
Check The Strata First.
Then Send Me The Address.
Confirm your strata or your landlord allows it before you spend $1,185 on a licence that does not come back. Then tell me the building and the bedroom count.