Current Rates:
| Mortgage Type | Rates |
| Variable | 1.70% |
| 1 Year | 1.64% |
| 2 Year | 1.59% |
| 3 Year | 1.59% |
| 4 Year | 1.64% |
| 5 Year | 1.69% |
| 7 Year | 2.44% |
Prime: 2.45%
Current News
Metro Vancouver housing market shows resilience in 2020. Full Story here
Short-Term Rentals
Business Licences are now available.
SHORT-TERM RENTAL BUSINESS LICENCE REQUIREMENTS
Short-term rentals are allowed in principal residences only. This is where you usually live, conduct your daily affairs and receive mail
Requirements to obtain a business licence include:
* Strata bylaws supporting short-term rentals in your building
* Landlord permission, if you're a renter
* Meeting fire safety standards such as installation of interconnected smoke alarms, carbon monoxide detectors, fire extinguishers, and a fire safety plan
*Ensure your guests understand and abide by parking, noise and garbage and recycling regulations.
*Displaying your valid business licence in your unit and on all listings and advertisements.
For more information or to apply, please visit www.vancouver.ca/short-term-rentals or call 3-1-1.
Here's a copy of the Responsible Short-Term Rental Handbook.
A valid Business Licence must me obtained by August 31, 2018 to avoid fines. The fine to list a short-term rental without a valid license is $1,000 per day.
Short-term rentals aren't allowed in homes that pay the Empty Home Tax.
