Vancouver is a city located in western Canada. It’s a diverse city with ever-growing new developments.
Preconstruction in Victoria:
The construction industry is developing steadily over the last few years. Approximately 197 new home developments are under construction. These developments include a variety of homes from condominiums to townhouses. Out of 197, 150 are condominium developments and 10 are apartment developments with a total of 7143 units under construction. There are 29 townhouse developments and 8 single-family home developments in this city.
The average price of preconstructions:
The average price per square foot for a low-rise home is $1,145.
Names and details of some preconstructions:
There are a variety of preconstructions going on. The new real estate developments include Slocan Lane which is a new townhouse development by Legendary Developments and is located at 5011 Slocan St. It contains 6 units.
Acorn is a new condominium development by Citrine Home. It consists of 4 floors and 30 units. Tesoro is a new condo development by Concert which is located at Switchmen St & Quebec St. MODE is a novel condo and townhouse development by Wesgroup and is located at 3438 Sawmill Cres. It Contains 26 floors and 257 units. Habitat is a condo development build by Porte Communities, Hudson Morris, and fabric living which is located at 2520 Guelph St and contains 4 floors. Paradigm is a new townhouse and condo development that is handled by Wesgroup, located at North Arm Ave. It contains 22 floors and 268 units. Fraser Commons which is located on Marine is a unique development build by Serracan Properties at 725 Southeast Marine Dr. Cambie Gardens is a new development of Onni Group of Companies. It is located at Cambie St and contains 28 floors and 295 units. Clarendon Heights is a novel condo development by Fully Homes. It located at 4933 Clarendon Street and contains 4 floors and 47 units. In one of Vancouver’s most famous neighborhoods, Voyce offers an exceptionally high standard living experience on the edge of Queen Elizabeth Park. Oakridge is a condo development by Westbank and QuadReal. It is located at Cambie St & West 41st Ave and contains 43 floors and 2548 units. Chelsea is a new condo and townhouse development by Cressey which is located at 4663 Cambie St. It contains 6 floors and 79 units. The Hillcrest from Vertex Developments is located at Columbia St & West King Edward Ave. It contains 17 units.
Real Estate Facts:
Vancouver has diversity in housing options for buyers with respect to preferences, ideal locations and much more the real estate market is very diverse. On the west side of Vancouver, there are apartments and houses and many students of the University of British Columbia live here because of the short distance to the school. While in South Vancouver, there is more space for houses to have courtyards. That’s why all communities are family-oriented. Central Vancouver is filled with apartments, both high-rise, and low-rise. This presents many options with respect to affordability and preference. There are also condominiums, lofts, and townhouses in Central Vancouver. East Vancouver got something for everyone. There is a mixture of old and newer houses. People are attracted to this area not just for the affordability, but also the community culture.
