Total occupancy cost for Grade A office space in Vancouver: $58.31 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Vancouver Office Cost Breakdown (USD/sqft/yr)
Rent: $15.31/sqft/yr
Service Charge: $6.01/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $21.0/sqft/yr
Facilities Management: $7.74/sqft/yr
Utilities: $3.29/sqft/yr
Reinstatement / Dilapidations: $4.56/sqft/yr
Total Occupancy Cost: $58.31/sqft/yr
Vancouver Serviced Office Costs
Serviced and flexible office space in Vancouver costs between $380.0 and $640.0 per person per month, with a mid-market rate of $520.0 per person per month.
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