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Email: leilani@betterlivinggroup.ca Phone: 604.780.7877

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.

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Main Photo: 2200 1169 W CORDOVA Street in Vancouver: Coal Harbour Condo for sale in "ONE HARBOUR GREEN" (Vancouver West)  : MLS(r) # V1067751

$13,880,000

2200 1169 W CORDOVA Street Vancouver V6C 0A1 : Coal Harbour

Residential Attached
3 beds, 5 baths, Built: 2006, 5,100 sq. ft.
This sub-PH makes a strong impression w/ its private foyer when you exit the secured elevator. Intelligently designed full floor home has 3 generously sized BRs, den & family rm & 3 expansive terraces (1,469 SF). Living room is an inspiring space where you can enjoy... Details
RE/MAX Ken Leong
Main Photo: 4701 938 NELSON Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS(r) # V1040546

$9,980,000

4701 938 NELSON Street Vancouver V6Z 3A7 : Downtown VW

Residential Attached
3 beds, 4 baths, Built: 2001, 4,996 sq. ft.
Vancouver Sky Line. This unique Penthouse was custom-built and designed by the renowned, Architectura Inc., and is the crown of the Vancouver landmark - The Wall Centre. This two-level Penthouse showcases a grand foyer with a spiralstaircase, showing 270 degree... Details
Macdonald Realty - Manyee Lui
Main Photo: PH14 1717 BAYSHORE Drive in Vancouver: Coal Harbour Condo for sale (Vancouver West)  : MLS(r) # V1064520

$9,980,000

PH14 1717 BAYSHORE Drive Vancouver V6G 3H3 : Coal Harbour

Residential Attached
4 beds, 5 baths, Built: 2000, 4,878 sq. ft.
Truly a winner. Feel like a house! This extra large waterfront sub-penthouse unit offers over 4,800 sqft of magnificent living. Scenic picture view of Coal Harbour, Stanley park and marina. 4 bedrooms include anextraordinary sized master bedroom w/office & sitting area... Details
Macdonald Realty - Manyee Lui
Main Photo: PH9 2142 ARGYLE Avenue in West Vancouver: Dundarave Condo for sale : MLS(r) # V1045511

$8,900,000

PH9 2142 ARGYLE Avenue West Vancouver V7V 1A4 : Dundarave

Residential Attached
3 beds, 3 baths, Built: 2007, 3,324 sq. ft.
This is undoubtedly the finest waterfront penthouse on the market today. With a total of 3300 sq ft of luxurious living, this penthouse boasts the very best in high end custom finishes. The floor to ceiling glass takes full advantage ofthe fantastic 360 views. There are... Details
Prudential Sussex Realty(WVan)
Main Photo: PH 1280 RICHARDS Street in Vancouver: Yaletown Condo for sale in "THE GRACE" (Vancouver West)  : MLS(r) # V1064455

$7,899,000

PH 1280 RICHARDS Street Vancouver V6B 1S2 : Yaletown

Residential Attached
3 beds, 5 baths, Built: 2013, 4,718 sq. ft.
'Elysium' - The penthouse at the grace: An absolute masterpiece of modern simplicity & exquisite attention to detail. This 3 bdrm, 4 bath, 4,700 sq ft open 3 level plan estate will greet you with 40' vaulted cathedral ceilings, jaw dropping360 degree views from north... Details
Magnum Projects Ltd.
Listing information last updated on August 1, 2014
  • Leilani Fong