Presale Condos for Sale in Metro Vancouver
Presale condos for sale in Metro Vancouver — new construction units, assignment sales, and buy-before-completion opportunities. Live MLS® listings.
2,600+ homes
on the map
2,600
Active listings$1,264,950
Median list price146 days
Median days on marketAll
Brentwood
Burquitlam
Metrotown
Surrey City Centre
Richmond
Port Moody
All types
Condo / Apartment
Townhouse
House
Duplex
Land
Presale only
Show mortgage
Any
Any
Newest first
Latest listings
24 shown
About this market
Presale condos work differently from resale — and most buyers don't fully understand the difference until they're in the process. You're buying a promise: a unit that doesn't exist yet, based on floor plans and a developer's reputation, with a completion date that can shift by months or years.
The upside is locking in today's price. In a rising market, buyers who contracted a presale two years before completion have seen significant equity gains before they even got their keys. The downside is exposure: if the market drops, your lender will reappraise at completion, and the financing gap is your problem.
The hottest presale markets in Metro Vancouver right now are Brentwood, Burquitlam, and the Port Moody corridor — Evergreen Line stations with high rental demand and continued developer appetite. Surrey City Centre is seeing heavy presale volume with the SkyTrain extension under construction.
Assignment sales — where the original buyer sells their contract before completion — are the resale market for presale units. They allow buyers to get into a nearly-complete building without going through the original developer's contract process. All listings here include both new listings and active assignments from the MLS®, refreshed every 15 minutes.
Common questions about Presale Condos real estate
A presale condo is a unit purchased before the building is completed, based on floor plans and a developer contract. Buyers typically pay a deposit (10–20%) and pay the balance at completion, often 1–3 years later.
An assignment sale is when the original presale buyer sells their contract to a new buyer before completion. The new buyer takes over the contract at a negotiated price — often above the original presale price if the market has moved.
The main risks are market value at completion (your lender reappraises), developer delays, and contract changes. Review the disclosure statement carefully and understand the sunset clause before committing.
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