Welcome to Lower Lonsdale, a neighbourhood in the city of North Vancouver with 1 Pre-Construction buildings with condos for sale. There were 41 Pre-Construction condo units sold in Lower Lonsdale in 2020 when the average sale price for Pre-Construction condos in Lower Lonsdale was $1,449,659. In 2020 Pre-Construction condo units for sale in Lower Lonsdale had an average of 54 days on market. The Pre-Construction condo building with the highest Dork Rating in Lower Lonsdale is Promenade at The Quay with a rating of 285 in 2020.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
Lower Lonsdale's most active Pre-Construction condo building last year was Promenade at The Quay with 41 units sold. The Pre-Construction condo building in Lower Lonsdale with the highest average price per sqft last year was Promenade at The Quay at $1,451 per sqft.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
You can find the neighbourhoods of North Vancouver and North Vancouver nearby which have Pre-Construction condo buildings. Lower Lonsdale is Very Walkable with a walk score of 86. This neighbourhood is Very Bikeable with a bike score of 71. Good Transit is available in Lower Lonsdale.
Living in Lower Lonsdale gives you access to everything North Vancouver has to offer. With a total of 139 condo buildings, everything your heart desires is available. Condo development in this neighbourhood has been thriving with 21 Mid-Rise, 7 Luxury, 105 Low-Rise, 12 High-Rise, and 1 Pre-Construction. Many condos for sale in Lower Lonsdale feature excellent amenities perfectly located in North Vancouver. Condos for sale in Lower Lonsdale spend an average of 46 days on market. Lower Lonsdale had 672 condos sold within it in 2020, an increase of 190% compared to the year before. Condos for sale in Lower Lonsdale had an average sale price of $$861,072 last year, an increase of 8% from the prior year. This neighbourhood is Very Walkable with a walk score of 86. Good Transit is available in Lower Lonsdale. This neighbourhood is Very Bikeable with a bike score of 71. The neighbourhoods Squamish Nation and North Vancouver are nearby.
Kanuck.Coffee North Vancouver and The Coffeebun Bakery & Cafe are great bakeries in Lower Lonsdale. A fresh cup of java or tea is never hard to find with C41 coffee shop and Kanuck.Coffee North Vancouver in the hood. Do you enjoy being in the kitchen? Pick up groceries at Friendly Grocery. Foodies won't be disappointed by the presence of Curry Point. You can spend the afternoon enjoying the outdoors at parks in Lower Lonsdale like Katalanexw Park and Hamersley Park. Lower Lonsdale Pure Integrative Pharmacy Lonsdale and Lonsdale & 3rd Pharmacy are a short walk away as well. There is great shopping at Shalz Designs- Jewelry and Gemstones in North Vancouver. There are always new exhibits and events happening at Golden Circle Gallery, Victoria Park Cenotaph and Teotihuacan Mexican Art. Many gyms and fitness centers are popular with residents of Lower Lonsdale. Some of these facilities are Functional Athletics Inc. and Rasa Flow Yoga - N. Van Water Studio in Lower Lonsdale. Take your pets to Waterfront Park Veterinary Clinic. The local schools in Lower Lonsdale is St Edmund's. There are many students in this neighbourhood as Capilano University Lonsdale is located within it.