What is a presale condo in BC?
A presale (pre-construction) condo is a home you buy from a developer before it is built, typically at today's price with a staged deposit, and you take possession when construction completes — often 1–4 years later.
Move-In Ready Homes for Sale in New Westminster, BC
613 active move-in-ready homes in New Westminster · from $124,999.
New Westminster move-in-ready supply sits steps from SkyTrain in Downtown, Sapperton and Queensborough — mostly newly-completed concrete and wood-frame condos.
Active Move-In Ready Homes in New Westminster
$1,449,900 — 630 Twelfth Street, New Westminster (1,000 sqft)
$679,999 — 303 20 E Royal Avenue, New Westminster (2 bed · 2 bath · 892 sqft)
$2,100,000 — 438 Fourth Street, New Westminster (4 bed · 3 bath · 2,805 sqft)
$1,449,900 — 628 Twelfth Street, New Westminster (2,400 sqft)
$699,800 — 201a 1220 Quayside Drive, New Westminster (2 bed · 2 bath · 1,491 sqft)
$1,479,000 — 454 Elmer Street, New Westminster (5 bed · 1 bath · 1,626 sqft)
$624,900 — 3 Rialto Court, New Westminster (2 bed · 2 bath · 1,159 sqft)
$499,900 — 408 82 First Street, New Westminster (1 bed · 1 bath · 510 sqft)
$410,000 — 201 338 Ward Street, New Westminster (1 bed · 1 bath · 705 sqft)
$615,000 — 1006 280 Ross Drive, New Westminster (2 bed · 2 bath · 1,007 sqft)
$675,000 — 703 412 Twelfth Street, New Westminster (2 bed · 2 bath · 1,184 sqft)
$1,575,000 — 1411 Salter Street, New Westminster (6 bed · 4 bath · 2,449 sqft)
Common New Westminster buyer questions
How much deposit do I need for a presale in BC?
Deposits are staged and typically total 5%–20% of the purchase price, paid in instalments tied to milestones (e.g., on signing, then at set intervals). The exact structure varies by project and developer.
Do buyers pay commission on a presale?
No. With The Presale Properties Group, buyers pay $0 — the developer pays the buyer-agent commission. Using a buyer-side agent does not increase your price.
Is there GST on presale condos in BC?
Yes. New-construction homes in BC are subject to 5% GST. A partial GST rebate may apply for owner-occupiers depending on the price; investors are treated differently. Confirm specifics for your situation.
Are presale deposits protected in BC?
Under BC's Real Estate Development Marketing Act (REDMA), presale deposits are generally held in trust. Protections and conditions depend on the contract and developer.
What is an assignment sale?
An assignment is the sale of a presale contract to a new buyer before the building completes. Assignment is only allowed if the original developer contract permits it, and tax (including GST on the assignment) can apply.
Why use a buyer-side presale specialist instead of going to the developer's sales centre?
The developer's sales staff represent the developer's interests. A buyer-side specialist represents only you — comparing projects, negotiating incentives, reviewing contracts and disclosure statements, and accessing VIP pricing — at no cost to you.
Who runs The Presale Properties Group?
Uzair Muhammad, a Surrey-based REALTOR (Real Broker) who spent 10 years at the City of Surrey before real estate. The team has helped 400+ buyers and holds a 5.0 Google rating.
What cities does The Presale Properties Group serve?
We help buyers across Metro Vancouver and the Fraser Valley — Surrey, Langley, Abbotsford, Coquitlam, Delta, Burnaby South, Vancouver, Richmond, North Vancouver, New Westminster, Port Moody, Port Coquitlam, Maple Ridge, Mission, Pitt Meadows, White Rock, Chilliwack and Squamish.
Can The Presale Properties Group help me buy a resale home, not just a presale?
Yes. We represent buyers on resale MLS® listings across Metro Vancouver and the Fraser Valley alongside presale and assignment opportunities. You get the same buyer-side representation, comparable analysis and negotiation support — and on resale the seller typically pays the buyer-agent commission, so there is no extra cost to you.
How current are the resale MLS® listings on PresaleProperties.com?
Resale listings on this site are synced from the local real estate board and refreshed daily. Each listing shows the last update timestamp. Pricing, status and availability can still change between syncs, so we confirm live status with the listing brokerage before booking a showing or writing an offer.
Should I buy a presale or a resale home in BC?
Presale offers brand-new construction, warranty coverage and staged deposits, but you wait 1–4 years for completion. Resale gives you a known unit, immediate occupancy, an established strata and visible comparables — typically at a higher upfront cost. We help buyers compare both side-by-side so the choice fits your timeline, budget and risk tolerance.