Downtown CBD (trophy, ~C$70/sqft/yr · ≈ $51.8 PSF/yr USD) is one of 5 Vancouver Class A submarkets we track.

  • Downtown CBD sits at trophy tier.
  • Average rent C$70/sqft/yr · ≈ $51.8 PSF/yr USD vs city average 52.
  • Compared submarkets: Coal Harbour (trophy), Yaletown (prime), Broadway Corridor (prime).

Downtown CBD vs other Vancouver submarkets

Downtown CBD (trophy, ~C$70/sqft/yr · ≈ $51.8 PSF/yr USD) is one of 5 Vancouver Class A submarkets we track.

TL;DR

  • Downtown CBD sits at trophy tier.
  • Average rent C$70/sqft/yr · ≈ $51.8 PSF/yr USD vs city average 52.
  • Compared submarkets: Coal Harbour (trophy), Yaletown (prime), Broadway Corridor (prime).

Side-by-side with peers

**Coal Harbour** (trophy, C$78/sqft/yr · ≈ $57.7 PSF/yr USD) — Waterfront trophy address. **Yaletown** (prime, C$56/sqft/yr · ≈ $41.4 PSF/yr USD) — Repositioned creative-class submarket. **Broadway Corridor** (prime, C$50/sqft/yr · ≈ $37 PSF/yr USD) — Future trophy frontier with new SkyTrain. **Mount Pleasant & False Creek Flats** (prime, C$48/sqft/yr · ≈ $35.5 PSF/yr USD) — Tech and creative submarket.

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 other submarkets compete with Downtown CBD in Vancouver?
Coal Harbour, Yaletown, Broadway Corridor

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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