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: 3007 6688 ARCOLA Street in Burnaby: Highgate Condo for sale in "Luma" (Burnaby South)  : MLS(r) # R2131020
$849,999
Residential Attached
Status:
Active
MLS® Num:
R2131020
Bedrooms:
3
Bathrooms:
2
Floor Area:
Switch units of measure1,164 sq. ft.
Penthouse with stunning view! 5 years new highrise at "LUMA" by Polygon. This southwest corner unit offers amazing views of mountains, water & downtown. This unit features stainless steel appliances with granite countertop, laminated flooring, 10 ft high ceiling. Other... More details
Listed by Team 3000 Realty Ltd.
Main Photo: 2201 4360 BERESFORD Street in Burnaby: Metrotown Condo for sale in "MODELLO" (Burnaby South)  : MLS(r) # R2129767
$849,900
Residential Attached
Status:
Active
MLS® Num:
R2129767
Bedrooms:
2
Bathrooms:
2
Floor Area:
Switch units of measure1,088 sq. ft.
Assignment of Contract, completion estimated to be mid-2017. Good size 1088 SF 2 bdrm, 2 bath unit in central location. Panoramic view of Downtown Vancouver and North Shore mountains. Luxury development built by Boffo, features include geothermal heating & cooling, 9ft... More details
Listed by Sutton Grp-West Coast (w.blvd)
Main Photo: 409 2105 W 42ND Avenue in Vancouver: Kerrisdale Condo for sale in "THE BROWNSTONE" (Vancouver West)  : MLS(r) # R2124910
$849,000
Residential Attached
Status:
Active
MLS® Num:
R2124910
Bedrooms:
2
Bathrooms:
2
Floor Area:
Switch units of measure988 sq. ft.
Centrally located in the heart of Kerrisdale, this spacious penthouse level, 988sqft, 2 bed + 2 bath offers 9' ceilings, new engineered white oak throughout, gas fireplace, crown moldings, updated kitchen w/ new counters & refinished cabinets and more. Features a huge... More details
Listed by RE/MAX Select Properties
Open House on Sunday, January 22, 2017 2:00PM - 4:00PM Add to calendar
Main Photo: 303 501 PACIFIC Street in Vancouver: Downtown VW Condo for sale in "501" (Vancouver West)  : MLS(r) # R2130136
OPEN HOUSE
$849,000
Residential Attached
Status:
Active
MLS® Num:
R2130136
Bedrooms:
2
Bathrooms:
2
Floor Area:
Switch units of measure800 sq. ft.
This luxurious 2 bed 2 bath 2 balcony has been COMPLETELY RENOVATED by a professional designer. There is no comparison in quality and attention to detail anywhere else in the city. Fantastic layout with loads of storage space. High-End appliances, granite counters, gas... More details
Listed by RE/MAX Crest Realty Westside
Main Photo: 405 5177 BRIGHOUSE Way in Richmond: Brighouse Condo for sale in "RIVER GREEN" : MLS(r) # R2107721
$849,000
Residential Attached
Status:
Active
MLS® Num:
R2107721
Bedrooms:
2
Bathrooms:
2
Floor Area:
Switch units of measure1,160 sq. ft.
Best priced two bedroom in River Green. The most prestigious water front residences in Richmond by ASPAC the creator of "Harbour Green". 1160 sq.ft. two bedrooms + den, 2 baths in the quiet side of the building. Functional and efficient floor plan with water garden... More details
Listed by Nu Stream Realty Inc.
Listing information last updated on January 22, 2017