New Presale Condos Across Metro Vancouver & British Columbia
Check out our Regional Map of Pre-Sales in Vancouver & BC with our comprehensive coverage of new construction real estate developments. Then join Mike’s Pre-sale Condos VIP List, and be first to hear about new Pre-sales in Vancouver and across British Columbia and Gain Access to VIP Openings & Special Promotions as well as detailed presale pricing and floor plans before anyone else!
Listed below the map are many of the cities we cover across British Columbia with new presale condos for sale. Browse the list to view pre-sales available in those cities. The city pages you land on will also have a map of the cities you selected with a grid of all the preconstruction new condo projects for each city.
Vancouver Presale Condos & New Construction Condos in Vancouver
What is A Vancouver Presale and Why Buy One?
A presale is when a condo developer sells the suites of the development before it has been completely built and often before construction has even begun. This presale requirement is because the developers lenders want to be certain that the project is financially viable based on these presales. As a buyer in one of these preconstruction condos, purchase the right to the future property. Please see our article on What are presale condos?
Vancouver’s new condo (or presale condo, as it is often termed) market offers an array of exciting opportunities for buyers—from those aspiring to homeowner status for the first time to experienced real estate investors. The presale market, however, is a bit different from the resale market.
BC Has Strong Presale Condo Buyer Protections!
Keep in mind there are strong regulatory protections for presale condo buyers under the Real Estate Development Marketing Act (REDMA) and you can kill an accepted offer on a presale with no penalties with the 7 day rescission period under the legislation. This 7 day rescission period is distinct from the Home Buyer Rescission Period program for existing properties. Please let us know if you have any questions!
What are Strata Fees?
Remember, when you are buying a presale in Vancouver or across British Columbia, when you complete you have to pay a monthly strata fee. When deciding on a preconstruction home in BC, make sure you understand this important part of owning a multifamily home by reading our post on what are strata fees.