New Westminster offers a well-established rental market with a mix of heritage homes, modern condos, and townhomes across neighborhoods like Downtown, Sapperton, and Queensborough. Strong transit connections and a central location create consistent tenant demand.
Prela Property Management provides full-service property management for New Westminster landlords. We handle professional marketing, rigorous tenant screening, lease management, rent collection, maintenance coordination, and routine inspections. Our team understands the local market and works to maximize your rental income while minimizing vacancy.
Our pricing is transparent and our process is reliable. No hidden fees, no markup on repairs, and a Tenant Guarantee that protects your investment if a placed tenant breaks their lease.
Full-Service Management in New Westminster
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 New Westminster?
Every market is different. Here is what sets us apart in New Westminster.
New Westminster's mix of heritage homes and modern developments requires a manager who understands both. We handle the unique maintenance and marketing needs of each property type.
Strong SkyTrain connectivity drives consistent tenant demand. We leverage that demand to minimize vacancy and secure reliable tenants.
Published fees, no repair markups, and a Tenant Guarantee give you predictable costs in one of the Lower Mainland's most established rental markets.
"Honestly one of the best property management companies in the area. Easy to work with and very responsive."
Nina S.
Landlord, New Westminster
"We switched to Prela after our previous manager stopped returning calls. The difference is remarkable. They actually care about the property and keep us informed every step of the way."
Mark D.
Landlord, New Westminster
New Westminster Property Management FAQ
Yes. New Westminster has a significant stock of heritage and character homes, particularly in Queen's Park and Brow of the Hill. We understand the unique maintenance considerations, tenant expectations, and insurance requirements that come with older properties.
Queensborough has seen significant new development, particularly townhomes and condos. Demand is strong from families and professionals attracted to the newer housing stock and relative affordability compared to other New Westminster neighborhoods. Properties here typically lease quickly when priced correctly.
New Westminster sits at the intersection of multiple SkyTrain lines and major highways, making it accessible from across Metro Vancouver. This central location creates a large tenant pool and consistent demand, which helps minimize vacancy and supports strong rental rates.
Ready to talk about your New Westminster property?
Get a free rental analysis for your New Westminster property. We will review your home, recommend an asking rent, and outline exactly how we would manage it.