Buyers of downtown Vancouver home and condo property can have a difficult time choosing from the wide variety of real estate on the foreclosure block. Your options range from classic old-fashioned condominiums to luxury townhouses and suites. Downtown Vancouver is a logical destination for some of the best home buying options for realtors, couples, families, first time home buyers and senior residents.
The furious pace of new property construction in downtown
Vancouver is a clear indication that the area is bucking the current trend we see in most major cities and urban settings in British Columbia. Residential properties, condos and townhouses are moving on the market at a rapid pace.
Condo buying options in downtown Vancouver
The City of Vancouver has approximately 30 property development projects in various stages of construction. Of these ongoing inner-city development projects, ten are residential properties that buyers are taking off-plan or selling on pre-construction arrangements.
This provides another great buying option for those looking for premium housing and real estate in Downtown Vancouver Condos for Sale where prices are “locked in” until the project is completed and delivered to homebuyers to the exact specifications detailed in the pre-sale. Buyers only need to put down a down payment of about 15% to close a deal with a developer or home builder. Once the down payment is made and the pre-sale contract is signed, the home or apartment is “secured” until the project is completed and delivered.
If you are looking for an authentic and sophisticated cosmopolitan lifestyle and lifestyle, the warm, “urban” elegance and character of contemporary and stylish luxury apartments and townhouses are your best options. Realtors, young couples, families and single professionals flock. These are home buyers who want to live close to their workplaces and enjoy the luxuries and trappings of modern life. Ongoing real estate development in Downtown Vancouver features a variety of premium home properties that include pre-sale condo units, townhomes and premium residential tower properties.
Prime locations in downtown Vancouver for serious apartment buyers
Key issues for serious buyers include community and the quality of new home properties on the sales block. Of course, you want to stay in a community that is an extension of your character and lifestyle. Downtown real estate is segmented by gender, age, demographics and sexual orientation.
Condominium units for sale in downtown Vancouver are an example of the changing atmosphere and attitude, where small central communities in downtown areas with all the necessary amenities define the modern lifestyle. When it comes to premium downtown options, your housing options include Coal Harbor, pre-sale condo units in Yale town, and premium condos in the Denman Street-West End corridor and False Creek area.
If you’re looking for up-and-coming hot spots downtown, you should seriously consider the ongoing projects and property development projects in the Business District, Gaston, Cross-town, Robeson Street and Chinatown.
There are currently many pre-sold and pre-built condos and townhouses in Downtown Vancouver.
This current trend bodes well for the affordability and range of options available to new real estate buyers in the area. The expensive, high-end residences of Yale town and chic waterfront residences along Coal Harbor are the best choice for those looking for the best in contemporary home ownership in downtown Vancouver.