What is a presale condo in Vancouver?

A presale condo is a property purchased directly from a developer before construction is complete. Buyers sign a purchase contract and pay a deposit — typically 15–20% in installments — then wait for completion, usually 2–4 years. Presales let you lock in today's price on a brand-new home before the building exists.

What are the benefits of buying a presale in Vancouver?

Benefits include: locking in a purchase price before construction completes; spreading your deposit across installments rather than paying it all upfront; receiving a brand-new home covered by the BC New Home Warranty; and in strong markets, potential appreciation before you take possession.

How much deposit do I need for a Vancouver presale?

Most Vancouver presales require a total deposit of 15–20% of the purchase price, paid in staged installments. A typical structure is 5% on signing, 5% at six months, and a further 5–10% at construction milestones. The remaining balance is financed at completion.

What is a presale assignment and how does it work?

A presale assignment is when the original buyer sells their purchase contract to a new buyer before the building completes. The new buyer takes over the contract and reimburses the original buyer's deposit plus any agreed profit. Assignments are subject to developer approval and BC legal requirements, including GST and income tax considerations.

How do I get VIP or priority access to Vancouver presale projects?

The most reliable way is to work with a realtor who has existing developer relationships. Jacky Ng has built relationships with developers across Metro Vancouver over nearly a decade, giving clients first access before projects go to the general public — many sell out at the VIP stage.

Which areas of Metro Vancouver do you serve?

Vancouver Dwelling serves buyers across all of Metro Vancouver including Vancouver (Downtown, Yaletown, Coal Harbour, False Creek, West End, Kitsilano), Burnaby, Richmond, Surrey, Coquitlam, New Westminster, and the North Shore.

Vancouver Presale Condos 2026 — Real Answers, Not Reddit Guesses

$752/sf Townhome

Every active presale, tracked weekly.

Prestige

Raven’s Park

The Beverly

The Park Landmark

Crest Lane (Townhomes)

Jasper

Center 128

Queens – Forest Hills

Havenwood Phase 2

Woodward Lane

Parkway 1 – Aspect

Century City Holland Park – Park Tower 1

Juno

The Manhattan

Belvedere (Phase 2)

SkyLiving

Skye at Holly Park

Southlands – Bayside Mews

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