Presale condos in Vancouver have long been marketed as a way to “lock in today’s price for tomorrow’s home.” But while presales can offer flexibility and opportunity, they also carry unique risks — especially when it comes time to complete. Many buyers assume that if they cannot close, the worst case is losing their deposit. The reality is more serious. Developers have legal rights to pursue...
Buying a new or presale condo in British Columbia comes with an extra cost that often surprises buyers — the federal Goods and Services Tax (GST). At 5 percent of the purchase price, GST can add tens of thousands of dollars to the total cost of your home. In a province that is already the most expensive housing market in Canada, this tax makes affordability even tougher. But recent changes have...
When it comes to buying a presale condo in Vancouver, the developer behind the project matters just as much as the location or floor plan. A strong reputation can give buyers confidence that the home will be delivered on time, with quality construction, and with fewer headaches down the road. In 2025, the market has matured to the point where buyers are asking: which developers in Vancouver can I...
When it comes to buying a presale condo in Burnaby, one of the first questions buyers ask is, “How much do I need for the deposit?” The deposit structure can make or break a deal, especially for first time buyers and investors. In 2025, developers are offering more flexibility than ever, but the numbers still vary widely depending on the project, location, and demand. Here is a breakdown of...
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