
>
_______________
New on the BUZZ:
Presale False Creek Real Estate
Yaletown Loft Residences
Vancouver East Side: Strathcona Gastown Property
New Coal Harbour
Real Estate
New Downtown Vancouver
Real Estate
_____________
SPECIAL FEATURE
_______________
Other Resources
_______________
|
Downtown Vancouver Real Estate
- New Condos and Pre-Sales High-Rise Residences
With so many options, Vancouver property home buyers are having
a tough time choosing from the abundant new real estate properties
in downtown Vancouver. From old heritage style townhomes and condominiums
to new luxury high-rise apartment suites, downtown Vancouver real
estate provides a plethora of home buying options both for primary
residences, first time homebuyers, families, couples and of course
property investors.
The Downtown Vancouver new pre-construction real estate scene
continues to buck the trend as many of the new condos are sold
out upon pre-sales launches so that home buyers are purchasing
the residences off the plan.
What are your options if you are looking for
a new condo in Vancouver City Centre?
First of all, there are about thirty new construction properties
on the go in downtown Vancouver of which about ten are current
high-rise tower residences selling off the plan or pre-construction
pricing. With this comes a unique way to purchase your new home
in downtown Vancouver's hot real estate market by locking in the
price until closing and completion with only a small down payment.
In most cases, the new downtown Vancouver condo pre-construction
purchase contracts allow for either a 10 to 20% down payment deposit
which will secure the high-rise tower condo or luxury townhome
residence until the building is complete. For those who enjoy
the urban and vibrant downtown Vancouver real estate lifestyle,
these urban chic and modern/contemporary tower residences in pre-sales
may be a perfect fit. Attracting large numbers of singles, professional
couples and now familites, the downtown Vancouver condominium
pre-construction scene has expanded its reach because people and
families want to live close to work and places to have fun. Also,
many friends and familes probably live in the downtown core as
well, making it easier to keep in touch. The downtown Vancouver
new real estate developments range from cityhomes to presales
condos to luxury rowhome/townhomes and of course the most expensive
of them all, penthouse tower condominiums.
Locations for Purchasing New Condos in Downtown
Vancouver
In many ways, a community reflects not only your lifestyle choice
but also who you are as a person. The downtown Vancouver real
estate division lines are quite unique and attract various types
of homebuyers and renters depending on age, sex, sexual orientation,
demographics and much more. The condominium developments and pre-sales
condos in downtown Vancouver reflect a change in mentality where
small communities with accessible amenities and more are required
for sustainable living. The most prestigious of all downtown Vancouver
real estate areas include Yaletown pre-construction condos, Coal
Harbour high-rise residences, Concord Pacific's False Creek area
as well as the West End/Denman Street corridor. Up and coming
real estate hot spots in downtown Vancouver include Gastown real
estate, Chinatown, Crosstown and even through the business district
and Robson Street. This only serves to indicate that many peole
are attracted to the downtown Vancouver lifestyle and amenities
and because of this, the population is increasing at a steady
rate and jobs are being produced as we speak to accommodate these
people moving in.
Vancouver Downtown Real Estate Districts
There is a huge inventory of presale condos and Downtown Vancouver
condominium pre-construction available in the near future as there
are thousands of units completing before the 2010 Olympics. With
this comes good affordability and choices for new downtown Vancouver
condos and apartments. You can choose from luxury and pricey Yaletown
chic loft style residences or you can enjoy waterfront penthouse
suites in Coal Harbour real estate market. Or you may opt for
the trendy and up and coming neighbourhoods of Gastown, Crosstown
and revitalization of Chinatown districts in the downtown Vancouver
condo real estate market. Always a popular neighbourhood among
singles, young couples, professionals and retirees, the Vancouver
West End property market is buoyant as ever as the population
of this area is one of the most dense neighbourhoods in all of
North America. The attractiveness of the Vancouver West End real
estate community is that residents can walk to all amenities,
shopping, dining, nightclubs and bars, the beach, water and other
recreational pursuits. Downtown Vancouver real estate certainly
provides a wealth of options for the homebuyer (and even renter),
so look around as the number of apartments, condominiums and townhomes
for sale in the city centre of Vancouver are coming onto the market
at reasonable prices. With oil prices going up and with no end
in sight, many people are choosing to move back into the downtown
Vancouver property market to save on gas, travel time and stress.
This is a great opportunity for investors as well as home buyers
to consider downtown Vancouver property, condominiums and townhouses
as the housing values will continue on its upward streak for years
to come.
Chic Yaletown Real Estate Is a Sure Bet
According to the latest article from Canadian Real Estate Magazine,
Yaletown real estate is one of the best performing markets in
all of Vancouver and will continue to do so because of several
reasons. Safety, a short commute to work and a building that allowed
pets were all major concerns for Angela Thermann when she was
shopping for a new condo unit. Luckily she was able to find all
of this in a two bedroom, one bathroom loft with a patio in Vancouver’s
trendy suburb of Yaletown real estate. Angela purchased the 746
sq ft condo for $558,000. Since she’s a single woman who
work s as a family physician, she’s often out late on house
calls. She says she feels safe in Yaletown since there are always
people out and about. Although she’s made her purchase,
Angela is still concerned about eh sale of her current Yaletown
unit. “I battled with my options: sell first and then be
in a better bargaining position with the new condo, but run the
risk of losing a good property; or sell and rent and take my time
looking for the pefect place to buy when or if the real estate
market drops,” she says. Angela decided to take the plunge
and purchase first since she’d found a great deal that met
all her requirements. “Safety, parking – a big concern
in Yaletown real estate – outdoor deck, west facing, contemporary
design, concrete structure, at least one and a half bedrooms,
and proximity to a dog park and shops were all important issues
to me,” she said. Brittany Anderson of RE/MAX Gustavson
worked with Angela to help her find the perfect unit. Anderson
specializes in various Yaletown condo developents and floor plans,
and is familiar with the area and any new construction that may
be in the pipeline. She researched the Yaletown real estate market
and narrowed the search for Angela, helping her to avoid wasting
time looking at unsuitable properties. Finally, Angela also handled
all the paperwork and negotiation so that Angela was able to focus
on her practise. “My experiene and knowledge with purchasing
and selling property is limited, so having a great realtor whom
I trust implicitly has been such a relief,” says Angela.
Coal Harbour Real Estate At a Glance –
Get Cool and Cozy Today!
A community snapshot in the Vancouver 24Hours newspaper written
by Susan B explains why this Vancouver waterfront real estate
haven is now home to some of the most elegant, sophisticated and
high-end luxury waterfront condos in downtown Vancouver real estate
market in addition to having a wealth of amenities and a thriving
community that is now only just coming to life after years of
development and planning. For pure prestige, cachet, and contemporary
opulence she says, it’s tough to beat the Coal Harbour real
estate district. Long considered the Vancouver real estate neighbourhood
among well heeled typically well traveled urbanites, Coal Harbour
real estate condos has still somehow managed to preserve an ambiance
of casual friendliness in an unabashedly city environment. The
Coal Harbour condo property market in downtown Vancouver represents
the essence of multi family housing and living. There are no single
family homes in Coal Harbour downtown Vancouver real estate –
period! High Rises in Coal Harbour condo market include Shaw Tower,
Escala, Callisto, Waterfront Place, and the well known trio of
condominium Vancouver Coal Harbour high rise towers at One, Two
and Three Harbour Green. Many have garnered awards both provincially
and nationally too. There’s also a limited supply of Vancouver
Coal Harbour townhouses with an unusually high percentage of them
rated live/work apartment townhome complexes, some along the waterfront
too. Perhaps it’s the downtown Vancouver waterfront location
with views across to Stanley Park and the North Shore mountains
that make the Coal Harbour real estate community truly unique,
exciting and inspiring. Maybe it’s the Coal Harbour marina
where boats and floatplanes create a constantly immotion, living
backdrop. Or it could just be the way you’ll find every
generation sharing outdoor activities – from young moms
and dads pushing the baby pram to silver haired seniors on roller
blades debating politics with green haired teens or reading fairtales
to the pint sized grandkids. This is true downtown Vancouver Coal
Harbour community urban living. While only two years ago the resale
Coal Harbour real estate market for the condominium homes that
define this waterfront neighbourhood was tight, today there are
more than 200 active condo and townhome listings in this luxury
area. Downtown Vancouver Coal Harbour properties for sale range
from compact studio suites so far out among the fringes that it’s
sometimes stretching to say they are actually part of Coal Harbour
real estate district but that can be had for $300,000 or less.
Then go up… and way up. But surprisingly, in a neighbourhood
that’s become synonymous with astronomic real estate prices,
there are a few deals to be had in the Coal Harbour Vancouver
property market right now. One bedroom condos can be found for
less than $500,000, and a one two bedroom boasting over one thousand
square feet, a prestigious address on Bayshore Drive, plus water
views is recently listed fro $645,000. Prices for the Coal Harbour
condos for sale plateau briefly at the $1.1 million mark before
beginning to creep steadily upward toward $6 million. There are
Coal Harbour downtown Vancouver properties for sale with it all
including views, location on upper floors overlooking the water,
amenities, typically including a swimming pool and 24/7 concierge
service, and the coveted underground parking that’s becoming
a rarity among downtown Vancouver neighbourhoods. From here, though,
resale Coal Harbour condo pricing steps up in larger chunks –
going from $6.8 to $7.1 to $12 million, and finally maxing out
at $16.8 million for a 7,450 square foot home occupying an entire
floor in Shaw Tower Coal Harbour condominiums and boasting its
own in suite gym and eight parking spots, perhaps one car foe
very day of the week plus a gust spot potentially.
Survey finds love affair with Downtown Vancouver
Living
Published in the Real Estate Weekly newspaper. An 18 month study
of the False Creek North (FCN) community in downtown Vancouver
has found a high level accpeptance and satisfaction with “downtown
Vancouver urban living.” Larry Beasley, former Vancouver
City Planner said: “This is a unique study because it examines
the feelings and satisfaction rate of residents living in a planned
community. The research and study was conducted by graduate planning
students at the University of british Columbia’s Schools
of Community and Regional Planning. “The most cogent finding
of this study is the almost unbelievable high level of positive
response from residents. Over 90 per cent of respondents said
they felt safe and secure in their homes in addition to being
happy with the quality of life in their communities. That is very
meaningful response,” Beasley said. Richard Wittstock, a
condominium Vancouver developer in the False Creek North (FCN),
said the study not only highlights the satisfaction of residents
but also endorses the type of real estate development “our
company has been doing in Vancouver’s downtown for a decade.”
The study shows that the master planned community real estate
Vancouver development has been successful in bringing people,
notably fmailies, back into the downtown core. At the time of
the study, over 10,570 residents were living in a total of 5,450
households within the boundaries of FCN, thirteen per cent of
these under the age of 19. The False Creek high-rise community
is set along a publicly accessible waterfront, with a generous
park space and a range of shops, services, community facilities
and maneities within walking distance for personal residences.
While False creek Vancouver residents expressed strong overall
satisfaction, the most common complaint was , not surprisingly,
unit affordability and inadequate space. Vancouver condominium
prices int eh area are among the highest in Vancouver real estate.
Some fear they would have to move from the condos when their children
grew older, due to a lack of space.
|
|