Pre-Construction Condos For Sale in Downtown North
About Downtown North's Pre-Construction Condos For Sale
A great neighbourhood in Kelowna, you will find 2 Pre-Construction condo buildings within Downtown North with condos for sale.
A very special portion of the real estate market exists in the area of development, or Pre-Construction, condos. These are units that are purchased based on the projected plans for a building that is not yet built. A buyer may visit a temporary showroom, located near to the proposed location of the building to see models and floor plans of the various units the seller hopes to construct, or simply receive a package with this information electronically. Purchasing at this stage allows the buyer to have greater control in the outcome of their unit. They can make a different type of investment and purchase at a lower price per square foot than what is typically available post-construction. If you want to be able to choose your floors, finishes and appliances, at less than the cost to purchase someone else's choices from the past, Pre-Construction condos for sale might appeal to you. It's not often that you have so many design choices when looking to purchase a home. There will be a number of layouts, options for total square footage, number of bedrooms and location within the building to choose from. Usually, this type of customization will require a second investment in renovations, as well as the purchase price of your home.
When taking the leap on a Pre-Construction condo for sale, you'll be given a list of options that you'll be able to customize. Everything in the home will be brand new and they will likely be under warranty. Keep in mind that the developer is speculating on what they believe the final outcomes will be for the unit and building, they require some flexibility, not everything can be fixed into even the best agreements. This can make a good case for looking at the past projects of the developer. How close to their projected dates did they come? Do they have a history of big surprise closing costs or a history of great relationships with their buyers? How have their projects held up over time as places people want to live and as investments. This type of home purchase, more than others, requires a long term deal with your developer. You'll want a long term relationship that is mutually beneficial. Purchasing a unit in a building prior to the work beginning can have some tremendous benefits. It also requires deeper knowledge to arrange this type of purchase. A Real Estate Professional who specializes in development or Pre-Construction condos for sale may be helpful for protecting your investment. The money spent on a qualified agent may be easily recuperated with the thorough shaping of your agreement. You'll want to understand how the Pre-Construction payments are going to be structured and where you'll be spending versus saving. In an already finished home, it's easy to see how your money is being spent. With a Pre-Construction condo, being well informed will be a must.
If you're looking for more Pre-Construction condo buildings in this area, the neighbourhoods Downtown South and Downtown Richter are nearby. This neighbourhood is Very Walkable with a walk score of 83. Some Transit is available in Downtown North. This neighbourhood is a Biker's Paradise with a bike score of 98.
Downtown North Condos For Sale
Welcome to Downtown North, a neighbourhood in the city of Kelowna with 5 condo buildings.Condo development in this neighbourhood has been booming with 2 Low-Rise, 3 High-Rise, 1 Luxury, 1 Mid-Rise, and 2 Pre-Construction in Downtown North. The condos for sale in Downtown North include great amenities. Condos for sale in Downtown North are on the market for an average of 87 days. Downtown North had 34 condos sold within it in 2020, an increase of 240% compared to the year before. Last year condos for sale in Downtown North had an average sale price of $$622,815, an decrease of -28% from the year before. This neighbourhood is a Biker's Paradise with a bike score of 98. Some Transit is available in Downtown North. Downtown North is Very Walkable with a walk score of 83. The neighbourhoods Cultural District and Downtown South are nearby.
Safeway Bakery is a great bakery in Downtown North. Coffee shop lovers will appreciate local cafe's like Ambience Cafe and Kasual Lounge. Groceries are close-at-hand with supermarket Safeway Downtown Kelowna in Downtown North. Locals of Downtown North love dining at Little Hobo Soup & Sandwich Shop and Antico Pizza Napoletana. There is a surprising amount of green space with Kerry Park in Downtown North. Pharmasave Kelowna Downtown is a conveniently located pharmacy in Downtown North. The District On Bernard is a shopping center in Downtown North that has something for everyone. There are a number of museums and art galleries in Kelowna including Okanagan coLab and Karmyc Bazaar. Many gyms and fitness centers are popular with residents of Downtown North. Some of these facilities are Our Yoga Space and OPTIMIIIZE Kelowna in Downtown North. Our Yoga Space and International Gateway Kelowna are nearby schools for children living in Downtown North. There are many students in this neighbourhood as First College | Kelowna is located within it.
