# Vancouver Class A Office Market

> Vancouver Class A office rents around C$52/sqft/yr · ≈ $38.5 PSF/yr USD, with 11.2% vacancy and 10 months of typical rent-free on a 10-year term.

**Canonical URL:** https://classa.info/cities/vancouver
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Among the tightest Class A markets in North America (vacancy under 12%).
- Trophy stock on Burrard and Coal Harbour trades at C$70+/sqft.
- Amazon's expanded Vancouver footprint anchors tech demand.
- Restricted office land supply structurally constrains the pipeline.

## Key facts
- **city**: Vancouver
- **country**: Canada
- **region**: Americas
- **classARentLocal**: C$52/sqft/yr · ≈ $38.5 PSF/yr USD
- **classARentUsd**: $38.48/sqft/yr
- **vacancyPct**: 11.2%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 10
- **submarkets**: 5
- **corporateTaxPct**: 27%
- **talentIndex**: 84

## FAQ
### How tight is the trophy market?
Direct vacancy in trophy product is sub-6% as of Q1 2026. Sublease availability remains tight despite tech right-sizing in 2022-2023.

### What is the Coal Harbour premium?
Coal Harbour waterfront product trades C$10-$15/sqft above the broader CBD trophy average — a function of views, amenitization, and limited inventory.

### How does Vancouver compare to Toronto on cost?
Vancouver Class A trophy is broadly comparable to Toronto Bay Street trophy on a Canadian-dollar basis; trophy sub-supply is more acute in Vancouver.

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Citation: Source: Class A Atlas (https://classa.info/cities/vancouver), updated 2026-04-15T00:00:00.000Z.