Downtown CBD is a trophy-tier Vancouver submarket with average asking rent around C$70/sqft/yr · ≈ $51.8 PSF/yr USD.

  • Average asking rent: C$70/sqft/yr · ≈ $51.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: C$52/sqft/yr · ≈ $38.5 PSF/yr USD ($38 USD).
  • Citywide vacancy: 11.2% — submarket-level availability is typically tighter at trophy tier.

Downtown CBD, Vancouver office rents and availability

Downtown CBD is a trophy-tier Vancouver submarket with average asking rent around C$70/sqft/yr · ≈ $51.8 PSF/yr USD.

TL;DR

  • Average asking rent: C$70/sqft/yr · ≈ $51.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: C$52/sqft/yr · ≈ $38.5 PSF/yr USD ($38 USD).
  • Citywide vacancy: 11.2% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Downtown CBD averages around C$70/sqft/yr · ≈ $51.8 PSF/yr USD for Class A, against a citywide Class A index of 52. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

The Burrard Street trophy spine. Tech, mining, real estate services, banking, professional services.

Key facts

cityVancouver
submarketDowntown CBD
tiertrophy
averageRentLocalC$70/sqft/yr · ≈ $51.8 PSF/yr USD
cityClassARentUsd$38/sqft/yr
cityVacancyPct11.2%

Frequently asked questions

What is the average Class A rent in Downtown CBD, Vancouver?
Around C$70/sqft/yr · ≈ $51.8 PSF/yr USD. The citywide Class A index sits at C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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