Property Management in New Westminster

Most full-service residential rental management companies in New Westminster 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 New Westminster 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 New Westminster 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 New Westminster 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 New Westminster, 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 New Westminster — 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 New Westminster 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 New Westminster 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 New Westminster 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 New Westminster 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 New Westminster's short-term rental regulations. Following provincial short-term rental restrictions effective May 2024, most non-principal-residence Airbnb operations in New Westminster are restricted — we can help owners transition to long-term tenancies and maximize stabilized cash flow.

We provide strata, rental and developer services across New Westminster — from Downtown and the Brewery District to Uptown, Sapperton and Queensborough.

Local New Westminster property managers respond faster, know the contractors, understand municipal bylaws (building permits, parking, recycling, fire inspection cycles) and have direct relationships with new westminster 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 strata corporations, townhouses, purpose-built rentals and investor properties across New Westminster.

Yes. We manage strata corporations across Downtown, Uptown, Sapperton, the Brewery District and Queensborough.