Richmond, British Columbia is home to the Vancouver International Airport YVR and is the fourth largest city in British Columbia.
As you can see from the map above, Richmond presale condos are spread widely across the city. Aside from new condos Richmond BC offers everything from amazing restaurants, multiple big box and huge shopping centers and recreation centers.
What Makes Richmond’s Presale Market Unique?
Prime Location with Exceptional Connectivity
Richmond is a transportation nexus, boasting unparalleled access to major highways, the Canada Line SkyTrain, and Vancouver International Airport (YVR). Whether commuting to work, traveling for leisure, or exploring local attractions, living in Richmond ensures effortless connectivity.
The Canada Line’s efficient transit system connects key neighborhoods such as Richmond City Centre, Bridgeport, and Brighouse directly to downtown Vancouver. For drivers, major roads like Highway 99 and No. 3 Road provide seamless routes to surrounding cities, making Richmond a commuter’s dream.
Diverse Range of Presale Properties
Richmond’s presale real estate market caters to a wide variety of buyers:
High-Rise Condos: Luxurious units with panoramic views of the Fraser River and surrounding mountains, often featuring rooftop gardens, gyms, and co-working spaces.
Mid-Rise Developments: Offering a balance of modern amenities and a more intimate community feel.
Boutique Waterfront Projects: Located near Steveston Village or along the Fraser River, these presales blend cutting-edge architecture with natural beauty.
Each development is thoughtfully designed, with features that meet the needs of young professionals, families, and retirees alike.
Cultural and Culinary Hotspot
Richmond is celebrated for its multicultural vibrancy, reflected in its world-class culinary scene and cultural events. The Golden Village, a hub for authentic Asian cuisine, attracts food lovers from across the region, while Richmond Night Market offers a unique blend of food stalls, shopping, and entertainment.
For nature enthusiasts, Richmond’s scenic parks, waterfront trails, and proximity to the Pacific Ocean provide endless opportunities for outdoor recreation. Residents can enjoy everything from cycling along the West Dyke Trail to kayaking in the Fraser River.
Growth and Investment Potential
Richmond’s real estate market is bolstered by its steady economic growth and a robust infrastructure plan. According to the 2021 Census, Richmond’s population has grown 5.9% since 2016. The city’s strategic location, combined with a strong demand for housing, ensures that presale properties here are an attractive investment.
With new developments continually reshaping neighborhoods like Bridgeport and Brighouse, Richmond is poised for long-term appreciation, making it an ideal destination for those seeking stability and growth in their property portfolio.
Benefits of Buying a Presale Property in Richmond
Customization Options
Presale buyers often have the opportunity to personalize their homes by choosing layouts, finishes, and upgrades. This ensures that your property feels uniquely yours from day one.
Price Lock-In
By purchasing a presale property, buyers secure a home at today’s prices, regardless of future market fluctuations. This is particularly valuable in a competitive market like Richmond, where property values tend to appreciate over time.
Extended Payment Plans
Presale contracts often include flexible deposit schedules, reducing upfront financial pressure and allowing buyers to budget more effectively.
Warranty Protection
Presale properties in British Columbia are backed by a 2-5-10 Home Warranty. This includes:
2 years of coverage for mechanical and electrical systems.
5 years for building envelope defects.
10 years for structural defects.
What to Consider When Buying a Presale Richmond Offers
Assignment Flexibility: Some presale contracts allow buyers to assign their purchase agreement before completion, providing flexibility for those whose circumstances change.
Location: Proximity to transit, schools, and amenities is essential for both lifestyle and investment purposes.
Developer Reputation: Researching the track record of the developer can provide confidence in the project’s quality and timely delivery.
Fees and Taxes: Be prepared for additional costs such as GST, Property Transfer Tax (PTT), and strata fees. Use our GST & PTT Calculator to estimate your costs.
Broadmoor/Shellmont/Gilmore – offers a great selection of desirable single family homes, townhomes and condominiums as well as Richmond presales.
Plenty of green space and walkways, and the South Arm Community Centre and Park.
Broadmoor Shopping Centre – shops, services and restaurants.
Riverport Sports & Entertainment Complex – Silver City and IMAX Cinemas including a skating rink, bowling alley, wave pool, waterslides and more.
Golf – Richmond Country Club, Mylora Sidaway Golf Course
City Centre/Brighouse – offers a variety of attached housing, luxury penthouse highrises, and entry-level condos with more affordability than Vancouver.
Brighouse Station is part of the state-of-the-art Canada Line with easy rapid transit access to YVR and Downtown Vancouver
Steveston is port for Canada’s largest 600 vessel fishing fleet.
Steveston Community Park, a 30-acre green space in the heart of Steveston.
Steveston Community Centre – fitness centre, indoor tennis, squash & racquetball courts and Martial Arts Centre.
Steveston Village has excellent local restaurants, unique shops, a popular boardwalk, beach access and parks, playgrounds and biking trails.
Plenty of new condo low rise buildings of 2 – 3 storey developments along the Fraser river.
Thompson/Seafair/Blundell – the affluence of northwest Richmond in housing and lifestyle is bordered by River Road and the Fraser River to the north.
T&T Asian Supermarket near the Richmond Olympic Oval recreation centre, minutes to the Richmond Hospital, Golden Village and Richmond Centre.
The Terra Nova area of Richmond offers a mix of detached homes, townhomes and condominiums.
Get Free Advice on a New Condo or Richmond Townhouse Presale
The team at Vancouver New Condos specialize in helping buyers with the purchase of new homes in Richmond.
This includes a Richmond townhouse presale or a presale condo in Richmond. We have floor plans and detailed pricing for all of the Richmond new development projects above and would love to share this information.
Please reach out by calling 604-265-9356 for free Richmond presale condo advice!
Richmond Presale Condos and New Townhomes in Richmond FAQ
What is a presale property?
A presale property is a home purchased before it is built or completed. Buyers typically secure the property with a deposit and pay the remaining balance upon completion. In Richmond, presales include both condos and townhomes, offering modern designs, flexible payment terms, and access to top-tier amenities.
Why should I consider buying a presale property in Richmond?
Richmond offers a unique blend of urban living and cultural richness. Presale properties in Richmond are located near major transit hubs, shopping centers, and recreational spaces. They also provide the opportunity to lock in today’s prices in a market where property values are expected to rise.
Are there affordable presale options in Richmond?
Yes, Richmond offers a variety of presale condos and townhomes at different price points. Whether you’re a first-time buyer or an investor, you’ll find options that cater to your budget. Explore our Richmond presale condo projects for more details.
What taxes apply to presale properties in Richmond?
Presale properties in British Columbia are subject to GST (5%) and, in some cases, Property Transfer Tax (PTT). First-time buyers may qualify for tax exemptions. To estimate your costs, use our GST & PTT Calculator.
Can I assign a presale property in Richmond?
Yes, most presale contracts in Richmond include an assignment clause, allowing you to transfer your purchase agreement to another buyer before completion. This flexibility is particularly appealing for investors. Learn more about presale assignments on our assignments page.
What should I look for when buying a presale property?
When buying a presale property in Richmond, consider:
The developer’s reputation.
The property’s location and proximity to amenities.
The assignment policy, if applicable.
Additional costs, such as GST and strata fees.
How do presale deposits work in Richmond?
Presale deposits in Richmond typically range from 15% to 25% of the purchase price, paid in installments during the construction period. This phased payment structure allows buyers to manage their finances while securing a future home.
Why is Richmond a desirable place to live?
Richmond is a culturally vibrant city with world-class dining, excellent schools, and abundant green spaces. Its proximity to the Vancouver International Airport (YVR), the Canada Line, and major highways makes it an ideal location for professionals, families, and retirees.
How do I find the best presale projects in Richmond?
Start by browsing our curated list of Richmond presale condo projects. Our team is also available to provide personalized recommendations based on your preferences and goals.
