For: Investors · Updated 2026-10-28

Will my presale condo cash flow when it completes?

By Uzair Muhammad, REALTOR®, Real Broker BC

Quick answer

Many new condos in Metro Vancouver don't cash flow at completion with a typical down payment. 1-bedroom rents fell year over year in most Metro Vancouver cities in 2026, the 2026 BC rent increase cap is 2.3%, and short-term rentals are limited to principal residences in Surrey, Burnaby, Coquitlam, Langley and other cities. Run the numbers at today's rents and rates.

The rent side

In September 2026, unfurnished 1-bedroom rents fell year over year in 8 of 9 Metro Vancouver cities tracked by liv.rent. Vancouver was the only increase.

Once tenanted, increases are capped. The maximum allowable rent increase in BC for 2026 is 2.3%.

Short-term rentals

BC's principal residence requirement limits short-term rentals to your home (plus one secondary suite or laneway) in many municipalities, including Surrey, Burnaby, Coquitlam, Abbotsford, Delta and both Langleys. Don't underwrite a presale on Airbnb income in those cities.

How to test a deal

Use today's realistic rent for the exact unit type, today's mortgage rate, strata fees, property tax, insurance, a vacancy allowance and the Speculation and Vacancy Tax if it applies. If it only works with rent growth or appreciation, it's a speculation, not an investment.

Want a real cash-flow sheet for a unit?

Send us the project and floor plan. On a 10-minute call we'll walk you through the completion-day numbers.

Book a free 10-minute call · Call or text (672) 258-1100

Buyer-side only · 450+ families helped · 2 defaults · 4.9★ from 36 Google reviews. Our fee is typically paid by the developer, so working with us usually costs you nothing. We confirm this on every project.

Frequently asked questions

Do presale condos cash flow in 2026?

Many don't with a 20% down payment at current rents and rates. Larger deposits, lower prices or incentives can change that. Run the numbers per unit.

What is the BC rent increase limit for 2026?

2.3%.

Can I Airbnb my presale condo in Surrey?

Surrey is on BC's principal residence requirement list, so short-term rentals are limited to your principal residence.

Sources

This is general information, not legal, tax or financial advice. Rules change; confirm with a lawyer, accountant or mortgage professional before you act.

About the author

Founder of Presale Properties Group. Spent 10 years at the City of Surrey in Planning and Bylaws before real estate. Represents buyers only on new construction across Metro Vancouver and the Fraser Valley.