Property Management in Burnaby

Most full-service residential rental management companies in Burnaby charge between 8%–12% of monthly rent collected, plus a one-time tenant placement fee equal to 50%–100% of one month's rent. Our Burnaby rental management includes marketing, tenant screening, lease execution, rent collection, maintenance coordination, monthly statements and year-end reporting. We tailor fees to portfolio size and asset class.

Switching is straightforward under BC's Strata Property Act. Your Burnaby strata council reviews proposals, selects a new manager and provides 60 days' written notice (or as defined in the existing agreement). Korecki handles the full transition — records transfer, bank account setup, vendor onboarding, AGM coordination and a 90-day onboarding plan — so your council and owners experience zero disruption.

Form B (Information Certificate) and Form F (Certificate of Payment) are required disclosures under BC's Strata Property Act whenever a unit in Burnaby is sold or refinanced. Form B summarizes financials, bylaws, insurance and depreciation status; Form F confirms strata fees are paid in full. As your strata manager in Burnaby, we issue both within the legislated 7-day window, accurately and signed by a licensed manager.

Yes. As of July 1, 2024, all BC strata corporations with 5+ units — including those in Burnaby — must obtain a depreciation report every 5 years, with no opt-out vote permitted. We coordinate qualified engineers, manage timing relative to your reserve fund cycle and help your Burnaby council interpret findings to plan special levies or contributions responsibly.

The BC Strata Property Act and your bylaws determine responsibility. Generally, the strata corporation maintains common property (roof, envelope, hallways, elevators, plumbing in walls) while owners maintain everything inside their unit. In Burnaby buildings, we provide a clear repair-responsibility matrix at onboarding so councils and owners avoid disputes and unnecessary insurance claims.

Average time-to-lease in Burnaby is currently 14–28 days for well-priced units in good condition. We market across MLS, REW, rentals.ca, Craigslist and our internal database, pre-screen credit and references, and run in-person or virtual showings. For Burnaby landlords, our average vacancy rate is under 3% and we re-lease most units before existing tenants move out.

We focus on long-term residential and strata management to ensure compliance with BC's Residential Tenancy Act and Burnaby's short-term rental regulations. Following provincial short-term rental restrictions effective May 2024, most non-principal-residence Airbnb operations in Burnaby are restricted — we can help owners transition to long-term tenancies and maximize stabilized cash flow.

We provide strata, rental and developer services across Burnaby, including Metrotown, Brentwood, Lougheed and Edmonds — Burnaby's four major town centres.

Local Burnaby property managers respond faster, know the contractors, understand municipal bylaws (building permits, parking, recycling, fire inspection cycles) and have direct relationships with burnaby trades. Korecki's team has managed properties across Metro Vancouver, BC since 2009 — meaning faster turnarounds, accurate local market rents and better outcomes for your council, tenants or development.

We manage high-rise and mid-rise strata corporations, townhouse complexes and rental properties across Burnaby.

Yes. We manage strata corporations across Metrotown, Brentwood, Lougheed and Edmonds town centres.