Mike's New Presale Condos
Mike Stewart's Greater Vancouver Presale Condo Blog
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More BC Lower Mainland New Construction & Presale Condos
Burrard Place – A New Downtown Vancouver Presale Condo from Reliance Properties & Jim Pattison Developments Pricing & Floor Plans Available
At a Glance up to 810 housing units in two striking towers a third tower incorporating office and retail space…
One Pacific by Concord Pacific Downtown Vancouver Presale Condo One Pacific is a new presale condo in Downtown Vancouver's Yaletown…
Browse the Latest New Construction and Presale Condos in Metro Vancouver
Since 2005, Mike Stewart has followed the presale condo market with some of the most cutting-edge information in Vancouver.
We are your number one source for new and pre-construction condo developments in the Vancouver region and across BC. We are first to know what’s happening with new and future condo developments across British Columbia. We can help you find the best investment or place to live to meet your needs. We have every presale and pre-construction condo development listed here for your review.
Greater Vancouver & British Columbia’s new condo (or presale condo or pre-construction home, 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.
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.
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 is A Vancouver Presale and Why Buy One?
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.