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: 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
Main Photo: 401 1281 W CORDOVA Street in Vancouver: Coal Harbour Condo for sale in "Callisto of Coal Harbour" (Vancouver West)  : MLS(r) # R2060819
$6,900,000
Residential Attached
Status:
Active
MLS® Num:
R2060819
Bedrooms:
3
Bathrooms:
2
Floor Area:
Switch units of measure2,568 sq. ft.
Exceptional terrace view residence @ Callisto. Enjoy 2,568 sf of expansive interior plus 3,650 sf of private terrace accessible from each room creating a seamless integration of the combined 6,218 sf. Coveted N/W views of the ocean, marina, Stanley Park & Mountains... More details
Listed by Engel & Volkers Vancouver
Main Photo: 503 535 NICOLA Street in Vancouver: Coal Harbour Condo for sale in "Bauhinia" (Vancouver West)  : MLS(r) # R2034815
$6,800,000
Residential Attached
Status:
Active
MLS® Num:
R2034815
Bedrooms:
3
Bathrooms:
4
Floor Area:
Switch units of measure3,882 sq. ft.
Amazing waterfront patio home. 3882 sq ft indoor+1500 sq ft private, treed garden-patio w/new irrigation, lighting & gas firepit-a total of over 5000 sq ft of indoor-outdoor living on the Coal Harbour waterfront. Stunning views of Coal Harbour & N Shore. New Kitchen... More details
Listed by Sotheby's Int'l (VanJrv)
Main Photo: 3901 499 PACIFIC Street in Vancouver: Yaletown Condo for sale in "THE CHARLESON" (Vancouver West)  : MLS(r) # R2051170
$6,650,000
Residential Attached
Status:
Active
MLS® Num:
R2051170
Bedrooms:
3
Bathrooms:
5
Floor Area:
Switch units of measure3,445 sq. ft.
Luxurious YALETOWN. A magnificent 3,445 SF customizable 3-5 bdrm home on ENTIRE FLOOR with 360 degree views of ocean, city, mountains, False Creek, David Lam & George Wainborn parks. Includes 528 SF outdoor living with gas, water and power. Lavishly finished with floor... More details
Listed by Onni Realty Inc
Main Photo: 4801 1128 W GEORGIA Street in Vancouver: West End VW Condo for sale in "Shangri La" (Vancouver West)  : MLS(r) # R2038338
$6,500,000
Residential Attached
Status:
Active
MLS® Num:
R2038338
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,519 sq. ft.
Shangri-La Private Estates is the Epitome of prestige & luxury over 61 storeys. This stunning corner home faces West with unsurpassed quality atop the city on the 48th floor. Sprawling over 2500sf, this 2 bed + 2.5 bath estate feats a spacious & open floor plan to... More details
Listed by RE/MAX Crest Westside (VanBch)
Listing information last updated on May 4, 2016