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: 50 133 KEEFER Street in Vancouver: Downtown VE Condo for sale in "THE KEEFER" (Vancouver East)  : MLS(r) # R2087602
$4,880,000
Residential Attached
Status:
Active
MLS® Num:
R2087602
Bedrooms:
2
Bathrooms:
2
Floor Area:
Switch units of measure2,181 sq. ft.
This is THE penthouse. Welcome to the storied Keefer Building. Imagine having an immaculately renovated over 2,200 sq ft loft space with soaring ceilings and a 3,000 sq ft rooftop patio with your very own private pool. The uniqueness of this property blows away the... More details
Listed by Four Sails Realty Inc.
Main Photo: 4903 1480 HOWE Street in Vancouver: Yaletown Condo for sale in "VANCOUVER HOUSE" (Vancouver West)  : MLS(r) # R2057263
$4,850,000
Residential Attached
Status:
Active
MLS® Num:
R2057263
Bedrooms:
3
Bathrooms:
3
Floor Area:
Switch units of measure2,264 sq. ft.
An opportunity to own in what will be the most iconic building in Vancouver! The most desired NW Vancouver House Estate floor plan, offering direct views of English Bay & Mountains. With over 2100 square feet of indoor living including 3 bedrooms, 3 bathrooms, library... More details
Listed by RE/MAX Crest Realty Westside
Main Photo: PH3 1500 HOWE Street in Vancouver: Yaletown Condo for sale (Vancouver West)  : MLS(r) # R2119776
$4,588,000
Residential Attached
Status:
Active
MLS® Num:
R2119776
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,472 sq. ft.
Private showings by... More details
Listed by Magsen Realty Inc.
Main Photo: 3301 1077 W CORDOVA Street in Vancouver: Coal Harbour Condo for sale in "SHAW TOWER" (Vancouver West)  : MLS(r) # R2128549
$4,588,000
Residential Attached
Status:
Active
MLS® Num:
R2128549
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,002 sq. ft.
COAL HARBOUR magnificent waterfront property, in 33 floor of prestigious SHAW TOWER. Breathtaking North Shore & Stanley Park VIEWS! This luxury unit features 2 spacious bedrooms with den. Huge walk-in closet plus another insuite storage easily organize stuff. Also... More details
Listed by Royal Pacific Realty Corp.
Main Photo: 702 768 ARTHUR ERICKSON Place in Vancouver: Park Royal Condo for sale in "EVELYN" (West Vancouver)  : MLS(r) # R2128251
$4,495,900
Residential Attached
Status:
Active
MLS® Num:
R2128251
Bedrooms:
4
Bathrooms:
3
Floor Area:
Switch units of measure2,000 sq. ft.
This ideal location has Park Royal within walking distance & is close to transit access, Lions Gate Bridge, Highways 1&99. This stunning 2000 SF, 3 bedroom + den top floor home features a massive 1660 SF private terrace perfect for outdoor entertaining! The master... More details
Listed by Onni Realty Inc
Listing information last updated on January 22, 2017