As we step into the fourth quarter of 2019, it’s the time of the year again to start exploring your options. When it comes to buying a new condo, you can’t go wrong with looking at Richmond as a potential place to move to, or even buy an investment property.
Why buy a condo in Richmond this year?
With real estate prices dropping over the course of 2019, we saw a surge of home sales in September across the lower mainland and Greater Vancouver. Some see this as a sign that the real estate market is gradually returning to equilibrium, as noted in this article by the Financial Post.
So what does this mean for you as a buyer? The hot demand neighborhoods like Richmond are starting to move very quickly. This means that now is as good of a time as any to buy an amazing condo in one of the best municipalities of Greater Vancouver.
Looking for a new condo is a grueling task. That’s why here at Richmond Condo Pros we’ve gathered up some of the best condo developments underway in Richmond and put this list together, to make your apartment hunting a little easier.
Fiorella by Polygon Homes
Polygon Homes has been very active since 1980 and has developed an amazing reputation as a first-class developer. Having built over 26 thousand homes across Greater Vancouver, this developer knows their trade, and the Fiorella is a testament to that expertise. This gorgeous 13-storey high residential apartment building features 157 units and is located in one of the prime areas of Richmond – the Capstan Village neighborhood. Located right by Aberdeen Centre and Yaohan Centre, the Fiorella is surrounded with restaurants, malls and features a walk score of 100 points. This development is designed by Francl Architecture and will include studios as well as 1,2 and 3 bedroom condos.
Location: 3571 Sexsmith Rd, Richmond
The Paramount by Keltic Canada
Keltic Canada is a well known Vancouver-based developer that’s well known for developments like Coco at Oakridge or Park West. Their recent project in Richmond – “The Paramount”, brings an exciting touch of “curated luxury” in a rapidly growing urban community. The Paramount will feature 540 condo units ranging from studio sized apartments to 3 bedroom condos. Residents will be able to enjoy a luxurious modern community setting with extravagant extras like the “Paramount Private Club” which includes a Spa and Wellness Centre.
Location: 6340 No 3 Rd, Richmond
CF Richmond Centre
SHAPE is known for some of the most iconic developments in recent years, and CF Richmond Centre is no exception. This development is a master planned community that will span a whopping 27 acres of land in the center of Richmond. Featuring 12 residential high-rise towers, over 2 thousand condo units, 150 thousand sqft of amenities and a massive retail space. This development project seeks to combine all of the essentials of modern living into one well crafted urban community setting. Residents will enjoy an exclusive, luxurious living experience, right in the heart of Richmond. With access to restaurants, transportation, shopping and so much more, all within a stone’s throw from their doorstep. SHAPE’s CF Richmond Centre will offer both apartments and townhomes as options to the lucky buyer who gets to live in one of the most iconic developments of this decade.
Location: 6551 No 3 Rd, Richmond
To wrap up this list, Richmond has a lot of cool real estate projects underway.
The upcoming communities listed above are some of the top developments you should be looking out for on your search for the perfect condo.
If you have any questions about these developments, or would like to discuss your options – Richmond Condo Pros is here to help. Shoot us a quick email to [email protected] or reach out via the Contact Form to speak directly to one of our realtors.
Our team is working hard to constantly review new developments and add the best of the best to the list above. If you have a suggestion or if you feel that we missed a golden nugget – let us know in the comments below, or by using the contact form on our site.