Condos For Sale in Vancouver BC [ARE CONDOS A BAD IDEA?]

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Күн бұрын

Condos For Sale in Vancouer BC [ARE CONDOS A BAD IDEA?]. If you're thinking about buying a condo in Vancouver BC there's a lot that you need to know.
Did you know that buying a condo is actually MORE complicated than buying a house? That's right! If you don't want to make a constly mistake, you'll want to watch this video FIRST.
I'm giving you information that you need to know BEFORE buying a condo in Vancouver BC.
What we cover in this video:
1. Why buy a condo in Vancouver?
2. The Pros and Cons of Living in a Condo
3. What to look for when buying a condo
4. What areas of Vancouver to target when buying a condo
If you are asking yourself, "Should I buy a condo in Vancouver?" then look no further. This video will help you decide if the condo lifestyle is right for you.
This video took a lot of time and effort to put together. I really hope that you find the information valuable! I would really appreciate a THUMBS UP, a SUBSCRIBE and also a COMMENT if you have a second!
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Sebastian Albrecht - Realtor
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email: sebastian@albrechtgroup.ca
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TimeStamp
0:00 Intro
1:11 Why Buy a Vancouver Condo?
1:50 Pros of Living in a Vancouver Condo
4:46 Cons of Living in a Vancouver Condo
7:41 Condo Buying Tips
12:12 Condo Neighborhoods in Vancouver
18:05 Outro

Пікірлер: 17

@LivingInVancouver-BC Жыл бұрын

Thanks for watching the video! 👀 I really hope that you got some value out of it! What Vancouver neighborhood/suburb are you looking to buy a condo in? Let me know in the comments below! 👇👇👇

@acadian76 Жыл бұрын

That was what shocked me when I moved to Vancouver from Toronto many years ago - condos & apartments so much smaller in Vancouver. Many more 3 bedroom & 2 bathroom options in Toronto.

@LivingInVancouver-BC Жыл бұрын

Yeah. It's a bit of a shock. 3 bedrooms hardly exist as a condo option (in the City of Vancouver). You have to go to a townhouse mostly for that option...but the city has been trying to change that in the last couple of years. Thanks for checking out the channel and sharing your experience!

@josephlim8941 Жыл бұрын

I like your comment particularly of condos. I was worried when a 2nd floor from podium level unit below me sold for over $100k less than my ask. My higher floor clears the neighbouring low rise apartment in front and I end up with a gorgeous waterview. First time homebuyers along with first time realtors won’t see the value and just go by Price per sq. Or in my case, it’s the same floor plan and will add $2k per floor. And conveniently forget it’s owner occupied, renovated versus currently tenanted. It took an experienced home buyer to forget the low floor unit as not even an option.

@LivingInVancouver-BC Жыл бұрын

Hi Joseph. I really appreciate you watching and taking the time to share your experience. You are absolutely right that you have to take far more into account in valuing a condo than just the $/SF. Sounds as though you did very well with your sale. Congrats!

@Nina_banana Жыл бұрын

One of the reasons I would like to get a condo is because of security. I just feel so vulnerable when I am alone in a house. Need to pay extra for security.

@LivingInVancouver-BC Жыл бұрын

That's a great point, Nina! You are absolutely right. I know a lot of people feel the same way about feeling more safe and secure in a condo.

@shakrmaker 3 ай бұрын

Curious, roughly what percentage of Form B's you've dealt with, have the Owner/Tenant ratio on them? Thanks

@LivingInVancouver-BC 3 ай бұрын

Hi @shakrmaker! Not sure what you are referring to by "Form 2s"?

@shakrmaker 3 ай бұрын

@@LivingInVancouver-BC sorry my bad, I meant what percentage of Form B's you've dealt with, have the Owner/Tenant ratio on them. I also corrected my original comment, sorry about that.

@LivingInVancouver-BC 3 ай бұрын

No worries! Every strata property will have a Form B...so I've seen a lot of them. If the property is professionally managed, the property management company fills in the form. If it's self-managed, the strata does. The questions are standardized and must be answered...one of those questions is how many units are rented. So in my experience, every Form B I've seen has this information. Why do you ask?

@shakrmaker 3 ай бұрын

@@LivingInVancouver-BC sort of just curious if it must be answered or not in BC. I agree it's very useful.

@LivingInVancouver-BC 3 ай бұрын

Yep. It’s always answered. But keep in mind it’s only rentals that are reported to the property management company. It’s possible it’s not always 100% accurate.

@LifeOfWhy Жыл бұрын

Where can you find a Condo in Vancouver for 400k ? 😂 Condo Cons: 1) Overpriced 2) Currupted Strata Managers 3) High Maintenance Fees 4) Incompetent Council Members 5) Zero Accountability Downtown Condos 👎 Commercial Drive 👎 Renfrew 👎 Kits 👎(Too Old or Overpriced) Mt Pleasant East 👎 Mt Pleasant West 👍 Fairview 👍 Olympic Village 👍 River District 👍 Why Condos ? Because nothing else is remotely attainable to common people. Overpriced, High Interest, High Income Tax. Even if, and I mean, even if a person made 100k per year gross, less expenses, they wouldn't be able to pay off a paltry 1 bdrm Condo in East Hastings Vancouver within 40 years. That's your stark reality in the lustrous Vancouver British Columbia.

@LivingInVancouver-BC Жыл бұрын

At the low end of the market, there are DEFINITELY options to buy at (and even under) $400K. For example, there are non-strata leasehold buildings in the West End under that price point. From older buildings in Lower Lonsdale or New West to new(er) construction options in Abbotsford or Chilliwack. Thanks for checking out the channel @lifeofwhy and sharing your opinion!