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In the BC interior (say the Okanagan), where houses are cheaper, a $750K house would rent out for $3000/mo. In Vancouver proper, it's common to pay $3K for a ni
by acangiano 8y ago
In the BC interior (say the Okanagan), where houses are cheaper, a $750K house would rent out for $3000/mo. In Vancouver proper, it's common to pay $3K for a nice 800 sq ft condo.
I understand it doesn't scale linearly and these are mostly foreign investors moving money out of their country, but still... I have a hard time believing you can rent a $3M mansion for just $5K a month anywhere near Vancouver.
- s0rce 8y agoRandom data point, but you certainly can't in the bay area (I just checked a few listings around my place in Piedmont). a $3M house is around 8k/month.
- Jack000 8y agoI think craigslist listings tend to be on the expensive side because more expensive listings stay up for longer. I rent a 1500sqft condo in this building for 3k a month (listed at 2M) https://bccondos.net/1238-richards https://bccondos.net/1238-richards
- gdilla 8y agoDisagree. Our house here is just under $3M - not a mansion, but a big house with ocean view in a desirable neighborhood. We just finished renting it out for 4 years at $4500/month.