Welcome to Gastown, a neighbourhood in the city of Vancouver with 2 Pre-Construction buildings 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.
Chinatown and Downtown Vancouver are nearby neighbourhoods with Pre-Construction condo buildings. Gastown is Very Walkable with a walk score of 80. This neighbourhood is a Biker's Paradise with a bike score of 93. a Rider's Paradise is available in Gastown.
This is Gastown, a neighbourhood in the city of Vancouver with 23 condo buildings.There is a perfect fusion of modern high-rise condos and hip lofts, there are 18 Loft, 8 Mid-Rise, 2 High-Rise, 3 Luxury, 11 Low-Rise and 2 Pre-Construction in Gastown. There are countless choices of condos for sale in Gastown to call home. The average days on market for condos for sale in Gastown is 53 days. Gastown had 139 condos sold within it in 2020, an increase of 140% compared to the year before. Condos for sale in Gastown had an average sale price of $$830,581 last year, an increase of 4% from the prior year. This neighbourhood is Very Walkable with a walk score of 80. a Rider's Paradise is available in Gastown. This neighbourhood is a Biker's Paradise with a bike score of 93. You can find the neighbourhoods of Historic Japantown and Chinatown nearby.
Silvestre Deli & Bistro is a great bakery in Gastown. If you are looking for coffee Timbertrain Coffee Roasters is in Gastown. Groceries are close-at-hand with supermarkets Nesters Market and Carrall supermarket in Gastown. Locals recommend eating at Alibi Room and Twisted Fork Bistro in Gastown - they have great food! Gastown offers a lifestyle full of green space for outdoor lovers, parks include CRAB Park at Portside and Pigeon Park. You can find pharmacies Omnicare Pharmacy Ltd and Vancouver Pharmacy within walking distance. There is great shopping at The Courtyard. Gastown is lucky to be home to a hospital, St Paul's Hospital. There are a number of museums and art galleries in Vancouver including Interurban Gallery and Coastal Peoples Fine Arts Gallery. If your condo building does not have it's own fitness center, locals of Gastown work out at MVMTLAB Sports Performance Clinic. Schools in Gastown include Sino Bright School BC and T Otani & Associates - International Relations Ltd. There are many students in this neighbourhood as Gastown Business College is located within it. The closest subway station is Waterfront Station. For those who love to travel Pacific Heliport Services is nearby to catch a flight. Gastown has a very accesible train station Waterfront Station.