How many Class A submarkets are in Vancouver?

5, ranging from trophy (Downtown CBD) down to established and emerging clusters.

Vancouver has 5 distinct Class A submarkets we track, anchored by Downtown CBD at the trophy tier.

5 submarkets covered.
Trophy tier: Downtown CBD, Coal Harbour.
Prime tier: Yaletown, Broadway Corridor, Mount Pleasant & False Creek Flats.
Established/emerging tier: —.

Vancouver Class A submarkets

Vancouver has 5 distinct Class A submarkets we track, anchored by Downtown CBD at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Downtown CBD, Coal Harbour.
Prime tier: Yaletown, Broadway Corridor, Mount Pleasant & False Creek Flats.
Established/emerging tier: —.

By tier

**Downtown CBD** (trophy, ~C$70/sqft/yr · ≈ $51.8 PSF/yr USD) — The Burrard Street trophy spine. **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

city	Vancouver
country	Canada
region	Americas
classARentLocal	52 CAD/sqft/yr
classARentUsd	$39/sqft/yr
vacancy	11.2%
typicalLeaseYears	10
typicalRentFreeMonths	10
submarkets	5
primeYieldPct	5.2%
trophyCount	2
primeCount	3

Frequently asked questions

How many Class A submarkets are in Vancouver?: 5, ranging from trophy (Downtown CBD) down to established and emerging clusters.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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