Pre-Construction Condos For Sale in Downtown Eastside
About Downtown Eastside's Pre-Construction Condos For Sale
A great neighbourhood in Vancouver, you will find 2 Pre-Construction condo buildings within Downtown Eastside with condos for sale.
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.
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 Strathcona and Gastown nearby which have Pre-Construction condo buildings. This neighbourhood is Very Bikeable with a bike score of 82. Excellent Transit is available in Downtown Eastside. Downtown Eastside is Very Walkable with a walk score of 84.
Downtown Eastside Condos For Sale
Known as one of Vancouver's condo hubs, Downtown Eastside, has a total of 12 condo buildings. There is a fantastic mix of modern high-rise condos and funky lofts, there are 6 Low-Rise, 1 Loft, 5 Mid-Rise, 1 High-Rise, and 2 Pre-Construction in Downtown Eastside. Downtown Eastside is home to some of Vancouver's coolest condos for sale! Condos for sale in Downtown Eastside spend an average of 38 days on market. Downtown Eastside had 53 condos sold within it in 2020, an increase of 121% compared to the year before. Condos for sale in Downtown Eastside had an average sale price of $$645,750 last year, an decrease of -4% from the prior year. This neighbourhood is Very Bikeable with a bike score of 82. Excellent Transit is available in Downtown Eastside. Downtown Eastside is Very Walkable with a walk score of 84. Historic Japantown and Strathcona are nearby neighbourhoods.
Boulangerie La Parisienne Ltd and Union Market are great bakeries in Downtown Eastside. There are some great cafes in Downtown Eastside such as Wilder Snail Neighborhood Grocery & Coffee, Casa Del Caffe, and Starbucks. Groceries are close-at-hand with supermarket WAYNE GROCERY in Downtown Eastside. Do you love to be outside? MacLean Park is a great park in Downtown Eastside. Jeff's I.D.A. Pharmacy is a conveniently located pharmacy in Downtown Eastside. There are a number of museums and art galleries in Vancouver including Palace Tattoo and Monica Reyes Gallery. Many gyms and fitness centers are popular with residents of Downtown Eastside. Some of these facilities are Muay Thai Kai Singthong, Athleta Training and Chau Luen Society in Downtown Eastside. If you enjoy reading you will be happy Chinese Community Library Services Association is in Downtown Eastside. Schools in Downtown Eastside include Jesse Phipps Guitar and Music Lessons, Our Community Music Centre and Benedict Marsh: Composer | Songwriter | Guitar Coach.
