Residential rental property

If you own a residential property with the intent of renting or leasing it for rental income, you need to have a rental property business licence – even if the property is being managed by a property management company.

Each residential tenancy must be at least 30 days. Renting your property for fewer than 30 days at a time is only allowed in a licenced bed and breakfast, where you live on site while you host guests and you provide breakfast.  

Rental properties may include:

  • Apartment houses
  • Duplexes
  • Laneway houses
  • Multiple dwellings
  • One-family dwellings
  • Pre-1956 dwellings
  • Residential/commercial buildings
  • Secondary suites

A business licence is not required to have a homestay or a maximum of two boarders or renters in a residence.

If you have more than two boarders or renters in your home, you need to have a general business licence (pay the fee for a rooming house). 

Homestays, boarders, and renters in your home must stay a minimum of 30 days unless you are licenced as a bed and breakfast.

Contact us about business licences

Location and mailing address
Development and Building Services Centre
Ground floor
515 West 10th Avenue
Vancouver, BC V5Z 4A8

Phone: 311

Hours
Monday, Wednesday, Friday
8:30am to 4:30pm

Tuesday, Thursday
8:30am to 4:00pm

Free 2-hour parking
West 10th Ave parking lot,
between Cambie and Yukon

Rental property business licence fees

Fees are listed here for convenience only. For official fees, see License Bylaw No. 4450 Schedule A and B.

Type of rental property Fee Licence term
Apartment house $68.00 Per year, per dwelling unit, not including units occupied by the owner of the premises or dwelling units that are leased for 99 years or more and the lessee is eligible for and has received the Provincial Home Owner Grant for the preceding year
Duplex $66.00 Per year for each dwelling unit not including units occupied by the owner of the premises
Dwelling units that a person rents, intends to rent, or customarily rents to a tenant except for units for which a fee is payable under another part of the Bylaw Schedule A $66.00 Per year
Multiple conversion dwelling – dwelling units $66.00 Per year unit, not including units occupied by the owner of the premises
Multiple conversion dwelling – housekeeping units $49.00 Per year unit, not including units occupied by the owner of the premises
Multiple conversion dwelling – sleeping units $33.00 Per year unit, not including units occupied by the owner of the premises
One-family dwelling which is leased to and occupied by persons other than the building’s owner $66.00 Per year
Residential rental unit $66.00 Per year
Rooming house $33.00 Per year, per sleeping unit not including units occupied by the owner of the premises.

Cost of a business licence

Licence Bylaw 4450 including business licence fees

Find details for the Licence Bylaw (4450) including Schedules A and B, which list licence fees.

More about rental properties

Short-term rentals

Zoning regulations do not currently allow rentals for fewer than 30 days. We are reviewing the regulations and impacts of short-term rentals like Airbnb.

Bed and breakfast business

A Bed and Breakfast is temporary accomodation that is provided by a homeowner from within a residence. Find out what you need to do to have a Bed and Breakfast in Vancouver.

Laneway houses

Laneway housing can reduce our carbon footprint, expand housing choices, and ensure Vancouver remains one of the most liveable cities in the world.

Bed and breakfast businessShort-term rentals