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: 402 128 ATHLETES Way in Vancouver: False Creek Condo for sale in "SHORELINE" (Vancouver West)  : MLS(r) # R2118089
$6,495,000
Residential Attached
Status:
Active
MLS® Num:
R2118089
Bedrooms:
3
Bathrooms:
4
Floor Area:
Switch units of measure2,818 sq. ft.
Luxury home in the waterfront community of The Village on False Creek! LEED Platinum certified, the most sustainable in the world. Features high ceilings, German imported kitchens, luxury faucets throughout. State-of-the-art heating & cooling system, Miele S/S... More details
Listed by Rennie Marketing Systems
Main Photo: 5102 1128 W GEORGIA Street in Vancouver: West End VW Condo for sale in "SHANGRI-LA ESTATES" (Vancouver West)  : MLS(r) # R2117452
$5,688,000
Residential Attached
Status:
Active
MLS® Num:
R2117452
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,681 sq. ft.
Stunning 2 bed + family room is a sky-level, corner estate w/270 degree ocean, city & mountain views! It oozes an airy West Coast feel from the natural sunlight filtered through the floor to ceiling windows. Features include upgraded Lutron lighting system & window... More details
Listed by Rennie & Associates Realty
Main Photo: 5202 1128 W GEORGIA Street in Vancouver: West End VW Condo for sale in "SHANGRI-LA" (Vancouver West)  : MLS(r) # R2021638
$5,500,000
Residential Attached
Status:
Active
MLS® Num:
R2021638
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,680 sq. ft.
Views, views, views, sweeping views from English Bay through to Stanley Park, Coal Harbour and around to Northshore Mountains. Spacious, prestigious two-bedroom at the world-class residential private estates at the Shangri-La. Open floor plan with wonderful separation... More details
Listed by Sutton Grp-West Coast Realty
Main Photo: 5102 1480 HOWE Street in Vancouver: Yaletown Condo for sale in "VANCOUVER HOUSE" (Vancouver West)  : MLS(r) # R2108630
$5,398,000
Residential Attached
Status:
Active
MLS® Num:
R2108630
Bedrooms:
3
Bathrooms:
3
Floor Area:
Switch units of measure2,072 sq. ft.
Renowned Award Winning Vancouver House. THREE BEDROOMS & FAMILY ROOM. TOTAL LIVING 2,324 SQ FT (Indoor Living 2,072 sq ft, Outdoor Living 252 sq ft). Unobstructed views of English Bay, Stanley Park, and the Lions Gate Bridge. Boffi chef’s kitchen featuring Miele... More details
Listed by Westbank Pacific Realty Corp.
Main Photo: 905 175 VICTORY SHIP Way in North Vancouver: Lower Lonsdale Condo for sale in "CASCADE AT THE PIER" : MLS(r) # R2107898
$5,350,000
Residential Attached
Status:
Active
MLS® Num:
R2107898
Bedrooms:
4
Bathrooms:
4
Floor Area:
Switch units of measure3,042 sq. ft.
A rare find! Stunning views - South, West and East in this waterfront residence with over 3,000 sq.ft. all on one level. Quality features include a gas cooktop, Bosch appliances and Scavolini kitchen cabinets plus Air Conditioning, 9 foot ceilings and crown moulding... More details
Listed by Anson Realty Ltd.
Listing information last updated on December 5, 2016