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: 5 1861 BEACH Avenue in Vancouver: West End VW Condo for sale in "Sylvia Towers" (Vancouver West)  : MLS(r) # R2115932
$5,250,000
Residential Attached
Status:
Active
MLS® Num:
R2115932
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,490 sq. ft.
#5-1861 Beach Ave, Vancouver, V6G 1Z1. Sylvia Tower-Vancouver’s flagship waterfront condo residences standing prominently on Beach Ave, West of Denman, next to historic Sylvia Hotel and steps to Stanley Park & English Bay. English Bay Waterfront with South West Views... More details
Listed by Keller Williams VanCentral
Main Photo: 705 175 VICTORY SHIP Way in North Vancouver: Lower Lonsdale Condo for sale in "CASCADE AT THE PIER" : MLS(r) # R2107695
$5,100,000
Residential Attached
Status:
Active
MLS® Num:
R2107695
Bedrooms:
4
Bathrooms:
4
Floor Area:
Switch units of measure3,042 sq. ft.
Spectacular residence with outstanding views South, West and East of Vancouver and the waterfront. This suite has a beautiful and functional layout with over 3,000 sq.ft. all on one level. Huge living/dining area with a wet bar, 3-4 bedrooms and office. Entertainers... More details
Listed by Anson Realty Ltd.
Main Photo: PH3602 838 W HASTINGS Street in Vancouver: Downtown VW Condo for sale in "JAMESON HOUSE" (Vancouver West)  : MLS(r) # R2124896
$5,098,000
Residential Attached
Status:
Active
MLS® Num:
R2124896
Bedrooms:
3
Bathrooms:
3
Floor Area:
Switch units of measure3,108 sq. ft.
Sensational Penthouse residence in this most sought after iconic luxury building located in the heart of the City. This magnificent two level three bedroom residence boasts spectacular views of the water, City & North Shore Mountains & features a large walk out terrace... More details
Listed by Royal Pacific Riverside Realty
Main Photo: 1401 1238 SEYMOUR Street in Vancouver: Downtown VW Condo for sale in "THE SPACE" (Vancouver West)  : MLS(r) # R2126163
$4,950,000
Residential Attached
Status:
Active
MLS® Num:
R2126163
Bedrooms:
7
Bathrooms:
7
Floor Area:
Switch units of measure6,479 sq. ft.
Lifetime opportunity to own a magnificent residence with 6,479 sf of luxurious living in the heart of downtown, steps away from Yaletown and the Seawall. Combining 12 strata lots and under $770/sf makes it one of the best deal in the city! This fabulous and private... More details
Listed by Royal Pacific Realty Corp. and Rennie & Associates Realty
Main Photo: 3306 1011 W CORDOVA Street in Vancouver: Coal Harbour Condo for sale in "FAIRMONT PACIFIC RIM RESIDENCES" (Vancouver West)  : MLS(r) # R2098543
$4,888,000
Residential Attached
Status:
Active
MLS® Num:
R2098543
Bedrooms:
2
Bathrooms:
3
Floor Area:
Switch units of measure2,320 sq. ft.
Exclusive waterfront living with unobstructed views of Coal Harbour, Stanley Park, Lions Gate and the North Shore Mountains. The Fairmont Pacific Rim Residences together with the 5 star Fairmont Pacific Hotel offer quality in living and unparralled services including... More details
Listed by RE/MAX Masters Realty
Listing information last updated on December 5, 2016