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: 901 428 BEACH Crescent in Vancouver: Yaletown Condo for sale in "KINGS LANDING" (Vancouver West)  : MLS(r) # R2001723
$8,900,000
Residential Attached
Status:
Active
MLS® Num:
R2001723
Bedrooms:
4
Bathrooms:
4
Floor Area:
Switch units of measure3,864 sq. ft.
Spectacular and ONE OF A KIND suite in Kings Landing, Vancouver Yaletown’s most coveted WATERFRONT complex. Two WATER VIEW suites combined, completely customized Award winning design, 3900 sq ft of luxurious contemporary living on one level, first time on the market... More details
Listed by RE/MAX Crest Realty Westside and RE/MAX OF NANAIMO
Main Photo: PH3801 1211 MELVILLE Street in Vancouver: Coal Harbour Condo for sale in "The Ritz Penthouse" (Vancouver West)  : MLS(r) # R2065061
$8,288,000
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
Main Photo: PH3301 501 PACIFIC Street in Vancouver: Downtown VW Condo for sale in "THE 501" (Vancouver West)  : MLS(r) # R2066640
$7,838,000
Residential Attached
Status:
Active
MLS® Num:
R2066640
Bedrooms:
4
Bathrooms:
3
Floor Area:
Switch units of measure6,101 sq. ft.
Sensational TROPHY PENTHOUSE atop a 32 storey skyscraper. This 3 level sky mansion sprawls over 3 levels offering 6,000 sq ft of living space and 1,700 sq ft of terraces. Outstanding first impressions from the direct elevator access leading to a grand livingrm feat... More details
Listed by Macdonald Realty Ltd.
Main Photo: 6 2250 BELLEVUE Avenue in West Vancouver: Dundarave Condo for sale in "LES TERRACES" : MLS(r) # R2027806
$7,498,000
Residential Attached
Status:
Active
MLS® Num:
R2027806
Bedrooms:
3
Bathrooms:
4
Floor Area:
Switch units of measure3,886 sq. ft.
This is rare opportunity! The spacious gracious elegance of a full floor suite in a small exclusive building. Sweeping waterfront views, mountains, lighthouse park, city views, a stunning quiet waterfront location. You can hear the waves lapping on the shorefront! Huge... More details
Listed by Sutton Grp-West Coast (Brdwy)
Main Photo: 1501 277 THURLOW Street in Vancouver: Coal Harbour Condo for sale in "THREE HARBOUR GREEN" (Vancouver West)  : MLS(r) # R2045361
$7,126,000
Residential Attached
Status:
Active
MLS® Num:
R2045361
Bedrooms:
3
Bathrooms:
3
Floor Area:
Switch units of measure2,500 sq. ft.
Three Harbour Green by IB1/HB Architects - Coal Harbour's Finest Waterfront Building. Rarely available, prime NW corner 2500 sq.ft. custom 3 bdrm unit in one of the most exclusive buildings. Stunning panoramic views of Coal Harbour, North Shore Mountains and the Lions... More details
Listed by Aisa Real Estate Services
Listing information last updated on May 24, 2016