Welcome to Downtown Vancouver, a neighbourhood in the city of Vancouver with 15 Pre-Construction buildings 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.
Chinatown and Gastown are nearby neighbourhoods with Pre-Construction condo buildings. Downtown Vancouver is a Walker's Paradise with a walk score of 97. This neighbourhood is Very Bikeable with a bike score of 88. a Rider's Paradise is available in Downtown Vancouver.
Known as one of Vancouver's condo hubs, Downtown Vancouver, has a total of 286 condo buildings. These include 178 High-Rise, 15 Pre-Construction, 115 Luxury, 57 Mid-Rise, 47 Low-Rise and 47 Loft. Downtown Vancouver has some of Canada's coolest condos for sale! Condos for sale in Downtown Vancouver are on the market for an average of 53 days. Downtown Vancouver had 3308 condos sold within it in 2020, an increase of 141% compared to the year before. Last year condos for sale in Downtown Vancouver had an average sale price of $$1,186,252, an decrease of -18% from the year before. This neighbourhood is Very Bikeable with a bike score of 88. a Rider's Paradise is available in Downtown Vancouver. Downtown Vancouver is a Walker's Paradise with a walk score of 97. The neighbourhoods Granville Entertainment District and Chinatown are nearby.
Joconde Patisserie and Buttermere Patisserie Cafe are great bakeries in Downtown Vancouver. If you are looking for coffee Revolver is in Downtown Vancouver. Do you enjoy being in the kitchen? Pick up groceries at Foodness, Meinhardt Fine Foods, and T&T Supermarket. Locals of Downtown Vancouver love dining at Hotel Fairmont Pacific Rim and Fairmont Hotel Vancouver. You can spend the afternoon enjoying the outdoors at parks in Downtown Vancouver like St Julien Square and BC Hydro Creek Fountain. Downtown Vancouver Pharmatrust Pharmacy and Wellness Pharmacy Abbott (Vancouver) are a short walk away as well. LG Mobile and Gifts is a shopping center in Downtown Vancouver that has something for everyone. Downtown Vancouver is lucky to be home to a hospital, St Paul's Hospital. If you are looking to visit a museum or art gallery FortePiano Vancouver Floral Art Gallery and Chinatown Storytelling Centre can be found in Downtown Vancouver. If your condo building does not have it's own fitness center, locals of Downtown Vancouver work out at West Coast Strength & Movement. Animal enthusiasts, good news Bones Pet Stores is in Downtown Vancouver. Movie geeks can catch a movie at Rickshaw Theatre. Get your hot dogs and popcorn at Rogers Arena and where you can watch Vancouver's sports teams play. If you enjoy reading you will be happy SFU Belzberg Library is in Downtown Vancouver. Local schools of Downtown Vancouver include Westside Preparatory and Elsie Roy. There are many students in this neighbourhood as New Image College is located within it. Ride the subway underground, the closest station is Stadium-Chinatown Station. Travel far and wide from Vancouver airport via airplane. Downtown Vancouver has a very accesible train station Waterfront Station.