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.

— Market Reports · April 10, 2026

Vancouver Presale Market Update – April 2026

A look at the latest trends in Vancouver's presale condo and townhome market, including new project launches, pricing trends, and what buyers should know right now.

Jacky Ng

Founder, Vancouver Dwelling

The Greater Vancouver presale market continues to attract strong interest from both first-time buyers and seasoned investors. Here’s what you need to know this month.

Key Trends This Month

Developers are launching new projects in high-demand areas including Coquitlam, Burnaby, and Surrey. Presale pricing has remained relatively stable, making now a good window for buyers who want to lock in today’s prices before the next uptick.

What This Means for Buyers

If you’re considering a presale purchase, the key advantages right now include flexible deposit structures and the ability to choose your floor plan and finishes. With construction timelines typically running 2–4 years, buyers who act now can benefit from appreciation before they even receive their keys.

Get VIP Access

Want to be the first to hear about new project launches and VIP pricing? Sign up for VIP access and I’ll reach out personally when something matches your criteria.

Jacky Ng PREC* | Vancouver Dwelling | WhatsApp Jacky

Explore Further: Looking for a strong-value play in the current market? Browse our Burnaby presale condos — one of Metro Vancouver’s most active presale markets right now.

Vancouver Presale Market Update – April 2026

Key Trends This Month

What This Means for Buyers

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Key Trends This Month

What This Means for Buyers

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