Burnaby is a core rental market in Metro Vancouver, with strong demand driven by rapid transit connections, major employment centres, and a growing population. Areas like Brentwood, Metrotown, and Lougheed have seen significant new development, creating opportunities for landlords who position their properties correctly.
Prela Property Management helps Burnaby landlords get the most from their investment. We provide professional marketing, thorough tenant screening, lease management, rent collection, and ongoing maintenance coordination. Our team understands the local rental dynamics in each Burnaby neighborhood, from the high-rise corridors around Metrotown to the character homes in Burnaby Heights.
Our approach is straightforward: transparent fees, no markup on repairs, responsive communication, and a tenant guarantee that protects your investment. If a tenant we place breaks their lease, we re-lease your property at no additional cost.
Full-Service Management in Burnaby
Strategic Leasing
Professional marketing, pricing analysis, and targeted exposure to minimize vacancy.
Tenant Screening
Rigorous 4-point screening: credit, employment, references, and rental history.
Lease Management
Airtight documentation, renewals, legal notices, and move-out coordination.
Rent Collection
Reliable collection, late payment follow-ups, and monthly owner statements.
Maintenance
Coordinated repairs billed at cost with no markup. 24/7 emergency line.
Inspections
Routine inspections to protect your property and ensure tenant compliance.
Everything your property needs, under one roof
We handle every stage of the rental lifecycle, from finding the right tenant to managing your property long-term. No half-measures, no piecemeal services.
Strategic Leasing
- Pricing & Rental Positioning
- Professional Listing Preparation
- Targeted Marketing & Exposure
- Inquiry Handling & Lead Qualification
- Coordinated Private Showings
- Rigorous Tenant Screening
Comprehensive Management
- Airtight Lease Documentation
- Reliable Rent Collection
- Maintenance Coordination
- Routine Inspections & Oversight
- Professional Tenant Communication
- Renewals, Legal Notices & Move-Out Coordination
Transparent Fee Structure
No setup fees. No markup on repairs or maintenance. No hidden charges. Our fee structure is built to align with your success.
Full-Service Management
10% + GST
of monthly rent
Tenant Placement
Included
half month's rent + GST
Tenant Guarantee
Free Re-Lease
if tenant breaks lease or is evicted
How Prela Compares
See what you actually get, not what's buried in the fine print.
| Feature | Self-Managing | Typical PM Company | Prela |
|---|---|---|---|
| BCFSA-Licensed & Insured | |||
| Rigorous Tenant Screening (Credit + Employment + References + Rental History) | Limited | ||
| 24/7 Tenant Emergency Line | You're on call | ||
| No Markup on Repairs & Maintenance | N/A | Often marked up | |
| Transparent Pricing (No Hidden Fees) | N/A | Varies | |
| Tenant Guarantee (Re-lease Free if Tenant Breaks Lease) | |||
| Direct Access to Owner / Manager | N/A | Junior staff | |
| BC Residential Tenancy Act Expertise | DIY | ||
| Real Estate & Investor-Minded Advice | Rare | ||
| Monthly Statements + Year-End Tax Package | You track it |
BCFSA-Licensed & Insured
Self
Typical PM
Prela
Rigorous Tenant Screening (Credit + Employment + References + Rental History)
Self
LimitedTypical PM
Prela
24/7 Tenant Emergency Line
Self
You're on callTypical PM
Prela
No Markup on Repairs & Maintenance
Self
N/ATypical PM
Often marked upPrela
Transparent Pricing (No Hidden Fees)
Self
N/ATypical PM
VariesPrela
Tenant Guarantee (Re-lease Free if Tenant Breaks Lease)
Self
Typical PM
Prela
Direct Access to Owner / Manager
Self
N/ATypical PM
Junior staffPrela
BC Residential Tenancy Act Expertise
Self
DIYTypical PM
Prela
Real Estate & Investor-Minded Advice
Self
Typical PM
RarePrela
Monthly Statements + Year-End Tax Package
Self
You track itTypical PM
Prela
Not ready to book a call?
Run the numbers yourself. See what your property could earn under professional management.
Management fee: 10% of rent · Vacancy allowance: 3% (lower with professional marketing and screening)
Monthly Income
Expected monthly rental income
Fixed Monthly Expenses
Monthly amount (annual / 12)
$0 if not applicable
Landlord insurance premium
Variable Expenses (% of Rent)
Typically 5% for newer properties
Lower with professional marketing
Prela charges 10% + GST
Cashflow Summary
Professional marketing and pricing typically achieves higher rent than self-managed listings.
$46/mo
Annual cashflow: $553/yr
Cashflow isn't the whole story.
Most Vancouver landlords build wealth through three things working together: monthly cashflow, mortgage paydown (your tenant pays down your principal every month), and long-term appreciation. A property that breaks even on paper can still be an excellent investment once you factor in equity growth and tax advantages.
A personalized cashflow report breaks down your full return, not just the monthly cash-in, cash-out.
Your numbers are only as accurate as your inputs.
Get a personalized cashflow report based on real market data for your specific property - not estimates.
Side-by-Side Comparison
Based on your current inputs, here is how both management approaches compare.
Net Monthly
$46
$553/yr
Net Monthly
-$5
-$60/yr
Professional management nets you $51 more per month ($613 more per year)
Why Choose Prela in Burnaby?
Every market is different. Here is what sets us apart in Burnaby.
We understand Burnaby's transit-driven rental corridors around Metrotown, Brentwood, and Lougheed, where proximity to SkyTrain stations directly affects pricing.
From high-rise condos to Burnaby Heights character homes, we have hands-on experience with every property type in the city.
Transparent fees, no repair markups, and our Tenant Guarantee mean you keep more of your rental income.
"Honestly one of the best property management companies in Burnaby. Easy to work with and very responsive."
Nina S.
Landlord, Burnaby
"We were nervous about renting our Brentwood condo for the first time. Prela walked us through every step, found a great tenant within two weeks, and handles everything so we barely think about it. Highly recommend."
Kevin L.
Condo Owner, Burnaby
Burnaby Property Management FAQ
Burnaby benefits from strong SkyTrain connectivity, major employers like EA and BCIT, and ongoing development around Brentwood and Metrotown. These factors drive consistent tenant demand, particularly for units near transit stations. Vacancy rates remain low across most Burnaby neighborhoods.
Yes. We manage a significant number of properties in the Metrotown and Brentwood corridors, including high-rise condos, mid-rise apartments, and townhomes. We understand the strata dynamics, parking considerations, and tenant expectations specific to these high-density areas.
Burnaby's strong demand means well-priced properties typically lease within 2 to 4 weeks. We use professional photography, list on all major platforms, and respond to every inquiry the same day. Our rigorous screening process ensures you get reliable tenants, not just fast ones.
Ready to talk about your Burnaby property?
Get a free rental analysis for your Burnaby property. We will review your home, recommend an asking rent, and outline exactly how we would manage it.
- Free, no-obligation rental market assessment
- Personalized management proposal within 24 hours
- Transparent pricing with no hidden fees
- Backed by our Tenant Guarantee
Insured
Management
Managed
Contracts
Book a Free Burnaby Rental Analysis
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80+ properties managed across Greater Vancouver
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