Condos

A condominium (or condo) is a form of property ownership where each owner holds title to their individual unit plus an undivided interest to the common areas within the building. 


Some pros and cons of purchasing a condominium:

Pros:

• Condominiums are generally less expensive than detached homes.
• You may be able to purchase and live in a more expensive neighborhood.
• Convenience lifestyle-Condominiums usually have amenities like swimming pools, fitness centers, Jacuzzis, saunas, etc. that are often attached to the building and are included in the monthly maintenance fees.
• Condominiums are often located by grocery stores and supermarkets.


Cons:

• Less privacy and often noise from the unit above or below you
• You are required to pay monthly maintenance fees and these fees can increase as maintenance and repair costs go up. Increases and decreases of maintenance fees are determined by the strata corporation (which is made up of all the owners within the complex).
• There may be limited parking spots for guests.
• Typically, there will be less storage space than in a detached home.
• You will be required to get strata approval for structural changes you wish to change in your home. For example, changing your floors, taking down walls or partitions, etc.

The pros and cons will vary depending on your situation and the condo you are looking at. Doing careful research and working with the right REALTOR® can help to ensure that you make the best decision for you.

Vancouver Condos

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Main Photo: 4801 667 HOWE Street in Vancouver: Downtown VW Condo for sale in "THE PRIVATE RESIDENCES" (Vancouver West)  : MLS(r) # V1108485
$18,000,000
Residential Attached
Status:
Active
MLS® Num:
V1108485
Bathrooms:
1
Floor Area:
Switch units of measure6,833 sq. ft.
This UNFINISHED PENTHOUSE crowning THE PRIVATE RESIDENCES AT HOTEL GEORGIA is truly a rare commodity. Purchase price includes 'as is' raw space for buyer to custom build at buyer's cost. Full PRIVATE floor offers UNLIMITED OPTIONS to INSPIR E the most IMAGINATIVE... More details
Listed by Delta Realty Services Ltd.
Main Photo: 501 277 THURLOW Street in Vancouver: Coal Harbour Condo for sale in "Three Harbour Green" (Vancouver West)  : MLS(r) # R2066572
$12,888,000
Residential Attached
Status:
Active
MLS® Num:
R2066572
Bedrooms:
3
Bathrooms:
4
Floor Area:
Switch units of measure3,705 sq. ft.
The most magnificent house in the sky - 3-bed+family WATERFRONT 2-level in the most prestigious Three Harbour Green. Largest 3-bed 2-level in 3HG. This stunning home is nestled directly by the water, surrounded by majestic, panoramic views encompassing ocean, endless... More details
Listed by Macdonald Realty Ltd. (Van)
Main Photo: 2401 277 THURLOW Street in Vancouver: Coal Harbour Condo for sale in "THREE HARBOUR GREEN" (Vancouver West)  : MLS(r) # R2072937
$12,800,000
Residential Attached
Status:
Active
MLS® Num:
R2072937
Bedrooms:
3
Bathrooms:
3
Floor Area:
Switch units of measure3,156 sq. ft.
JEWEL IN THE CROWN! A combination of 2 front suites creates this unique 2 Level residence in the most prestigious Three Harbour Green. 21' ceiling full height glass windows in living room, 3 bedrooms with ensuites, family room/den, European and spice kitchens... More details
Listed by Royal Pacific Realty Corp.
Main Photo: 1 1483 BEACH Avenue in Vancouver: West End VW Condo for sale in "Cinque Terre" (Vancouver West)  : MLS(r) # R2077702
$8,680,000
Residential Attached
Status:
Active
MLS® Num:
R2077702
Bedrooms:
4
Bathrooms:
4
Floor Area:
Switch units of measure3,028 sq. ft.
Live in an exclusive boutique style, Italian inspired villa that only contains 5 homes on 5 levels that overlooks Sunset Beach and English Bay. This 3028 Sqft luxury waterview residence features 4 bedroom and 4 bathrooms, marble flooring, custom cherrywood millwork and... More details
Listed by Royal Pacific Realty Corp.
Main Photo: PH3801 1211 MELVILLE Street in Vancouver: Coal Harbour Condo for sale in "The Ritz Penthouse" (Vancouver West)  : MLS(r) # R2065061
$7,998,000
Residential Attached
Status:
Active
MLS® Num:
R2065061
Bedrooms:
3
Bathrooms:
5
Floor Area:
Switch units of measure3,276 sq. ft.
A private & one of a kind full floor penthouse combining over 3,200sf of indoor space w/ a further 2,500sf of outdoor terraces w/ a private pool, hot tub & dog run! Redesigned by Lloyd Bruce this home features a dream kitchen w/ top of the line appliances, Caesarstone... More details
Listed by Engel & Volkers Vancouver
Listing information last updated on August 31, 2016