Average Strata Fees in Metro Vancouver (2025 Update)

Buying into Metro Vancouver’s housing market means budgeting not only for your mortgage, but also for monthly strata fees. These charges cover building upkeep, insurance, and long-term reserves. How much should you expect to pay in 2025?

📊 The 2025 averages

Based on real estate board data, property management surveys, and market reports:

• Condos (low-rise / wood-frame): $0.45 – $0.55 per sq. ft.
• Condos (concrete high-rise): $0.55 – $0.70 per sq. ft.
• Townhouses: $0.25 – $0.40 per sq. ft.

For a typical 750 sq. ft. condo in Vancouver:

• Low-rise fees: ~$340/month
• High-rise fees: ~$480/month

For a 1,500 sq. ft. townhouse in the suburbs:

• ~$450/month

These are averages — your building’s budget and unit entitlement will determine your exact fee.

📈 Why fees are rising

Several factors are pushing strata fees higher in 2025:

• Insurance costs — building insurance premiums remain high after years of increases.
• Aging stock — many 1980s/1990s buildings are now facing major envelope, plumbing, or roof projects.
• Amenities — new downtown towers with gyms, pools, and concierge services come with premium upkeep.
• Reserve contributions — BC’s regulations and engineering studies encourage healthier contingency funding.

🏙️ Differences by location

• Downtown Vancouver / Yaletown: highest fees due to tower density and amenities.
• Burnaby & Coquitlam: mid-range, with a mix of older low-rise and newer high-rise.
• Surrey / Langley: newer stock keeps fees relatively moderate, though insurance still adds pressure.

🧮 How to estimate your own fee

The most accurate way is to check a building’s budget and unit entitlement schedule. If you don’t have those, you can use square footage as a proxy.

👉 Use the Strata Fee Calculator to estimate your monthly cost based on unit size, building area, and (optionally) the building’s budget.

✅ Takeaway

In Metro Vancouver, it’s realistic to budget $400–$500/month for a typical condo, and $300–$450/month for a townhouse. When comparing properties, don’t be swayed by “low” fees without asking what they actually cover — sometimes low monthly fees hide the risk of big special levies later.

📌 Tip: Always review the strata’s Form B and recent AGM minutes before buying. They reveal not only the current fee but also upcoming increases and projects.

Need a quick estimate? Try the Strata Fee Calculator.