Burnaby and Vancouver Real Estate Blog

Buying an Investment Condo in Burnaby or Vancouver

Short answer: A rental condo in Burnaby or Vancouver should be evaluated on cash flow, not just purchase price: rent potential against the mortgage, strata fees, property tax, and vacancy risk, with a clear read on whether it is a presale or resale purchase. Do Bae, an eXp Realty agent whose practic

How to Buy a Pre-Construction or Presale Condo in Vancouver or Burnaby

Short answer: Buying a presale condo means signing a purchase agreement based on a disclosure statement and floor plans before the building exists, paying a deposit in stages rather than all at once, and closing months or years later at completion. Do Bae, an eXp Realty agent who specializes in pre-

Buying a Multiplex Under SSMUH or a Pre-Sale Unit in Burnaby: What to Know

Short answer: Burnaby now allows multiple units, in some cases up to six depending on lot size and transit proximity, on many lots that used to permit only one house, under BC's small-scale multi-unit housing (SSMUH) rules. Buying under these rules means checking zoning eligibility, lot frontage, an

Relocating to Greater Vancouver From Overseas: A Buyer's Guide

Short answer: Buying a home in Greater Vancouver from overseas is possible before you land, for Canadian citizens and permanent residents, using mortgage pre-approval arranged from abroad, a presale or assignment purchase to buy on a longer timeline, and a realtor who can coordinate showings, docume