The 2026 Guide to Opening a Coworking Space in Vancouver
Thinking of opening a space in Vancouver? With a population of 675,000 and only 70 existing spaces, the market is competitive.
Financial Feasibility
Understanding the costs and revenue potential in Vancouver
Average Commercial Rent
$42
per square foot
The average commercial rent in Vancouver is $42 per sq ft. This is a key factor in determining your break-even point and pricing strategy.
Average Desk Price
$330
per month
To break even, you'll need to charge competitive rates. The average hot desk in Vancouver goes for $330/month, giving you a benchmark for pricing your space.
Infrastructure & Connectivity
Essential infrastructure for modern coworking spaces
Internet Speed
200 Mbps
Coworking relies on speed. Vancouver boasts an average internet speed of 200 Mbps, making it great for remote workers and digital nomads who depend on reliable, fast connectivity.
Competition Analysis
Understanding the competitive landscape in Vancouver
Existing Competitors
70
coworking spaces
There are currently 70 existing coworking spaces in Vancouver, representing approximately 10.4 spaces per 100,000 residents.
Market Status
Vancouver has a competitive market. Success will depend on differentiation, location, and unique value propositions.
Note: All values are approximate modeling numbers, not exact figures. Populations are based on Census/Vintage 2024 estimates. Desk prices and internet speeds are calibrated from national reports and rounded for clarity.
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