New Construction Condos for Sale in Metro Vancouver & the Fraser Valley

Updated October 2026

There are 474 brand-new condos for sale in Metro Vancouver & the Fraser Valley as of October 9, 2026. Prices start at $279,900, with a median list price of $629,900. They average $958 per sq ft. Every home here was built 2026 or later, is complete and move-in ready, and is covered by BC's 2-5-10 home warranty. We don't work for the developer or the seller — we represent you. Active listings: 474 · Starting at: $280K · Median price: $630K · Avg price / sq ft: $958

PresaleProperties.com is the buyer-focused representation practice of Uzair Muhammad (REALTOR, Real Broker BC), serving presale and new construction buyers across Metro Vancouver and the Fraser Valley from 3211 152 St, Building C, Suite 402, Surrey BC V3Z 1H8 — (672) 258-1100.

Frequently Asked Questions

How many brand-new condos are for sale in Metro Vancouver & the Fraser Valley?

474 right now, as of October 9, 2026. That's 160 one-bedroom, 228 two-bedroom and 71 three-bedroom-or-larger homes across all price points. The list updates from the MLS® feed several times a day, and only homes built 2026 or later appear here.

How much does a new condo cost in Metro Vancouver & the Fraser Valley?

Currently from $279,900, with a median list price of $629,900, averaging $958/sq ft. Price depends far more on building, floor and exposure than on the listing photos — we'll tell you which of these are actually priced correctly before you tour them.

Do I pay GST on a brand-new condo in BC?

Yes. New construction in Canada is subject to 5% GST on the purchase price, and it is not covered by your mortgage — you need it in cash at completion. Resale homes that have already been lived in are GST-exempt, so always confirm whether a "new" listing has had a prior occupant.

Can I get the GST rebate on a new home in BC?

Possibly. The federal GST New Housing Rebate returns part of the GST on homes priced under $450,000, and Canada's first-time home buyer measures can eliminate GST on qualifying new homes up to $1 million with partial relief to $1.5 million. Eligibility depends on your buyer status and completion date — we'll flag it early and your accountant confirms it.

Does the newly built home property transfer tax exemption apply?

It can. BC's Newly Built Home Exemption removes property transfer tax on a qualifying new home priced up to $1,100,000, with partial relief up to $1,150,000. You must be a Canadian citizen or permanent resident, move in within 92 days and live there for the first year. First-time buyers have a separate exemption that may work out better.

Is a move-in ready home covered by warranty?

Yes — every one of these condos carries BC's mandatory 2-5-10 warranty: 2 years on labour and materials, 5 years on the building envelope, and 10 years on structural defects. The clock starts at the first occupancy date, so ask us how much coverage is left before you write.

What's the difference between buying move-in ready and buying presale?

A move-in ready home is finished — you see the actual unit, the actual view and the actual strata fees, you can get an appraisal and a firm mortgage, and you complete in weeks. A presale is bought from a floor plan with a deposit schedule and a completion date years out. Presale can price better; move-in ready removes the timing risk. We do both, so our advice isn't tied to either.

What are strata fees in a new Metro Vancouver building?

New buildings usually start between roughly $0.45 and $0.75 per sq ft per month, covering building insurance, common-area maintenance, management and contingency reserve contributions. First-year budgets are estimates set by the developer, so expect an adjustment once the owners take over. We review the strata documents, depreciation report and contingency balance with you before you go firm.

Does the BC home flipping tax apply to these homes?

It applies if you sell within 730 days of buying. The BC home flipping tax is 20% of the profit on a sale within the first 365 days, sliding to zero at day 730, and it's on top of any federal tax. Exemptions exist for life events such as a job relocation, separation or death. If you're buying to hold for two years or more, it doesn't touch you.

Will I owe the speculation and vacancy tax?

Only if the home sits empty. In BC's designated taxable areas — which include most of Metro Vancouver and parts of the Fraser Valley — the speculation and vacancy tax is 0.5% of assessed value for BC and other Canadian owners and 2% for foreign owners and satellite families. Living in it, or renting it out long-term, exempts you. You must file a declaration every year even if you're exempt.

Can a non-resident or foreign buyer purchase one of these?

Usually not directly. Canada's prohibition on the purchase of residential property by non-Canadians runs to 1 January 2027, with narrow exceptions for certain work permit holders, students and refugees. BC also charges a 20% additional property transfer tax on foreign buyers in the taxable regions. Tell us your status on the first call and we'll tell you honestly whether it's workable.

How much deposit and down payment do I need?

On a completed home you write a deposit with your offer — typically 5% of the price, due within 24 hours of subjects being removed — and it forms part of your down payment. Minimum down payment is 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million, and 20% above $1.5 million. Budget separately for GST, property transfer tax where applicable, and legal fees.

Do I pay you a commission as a buyer?

In almost every case, no — buyer-agent compensation is paid out of the listing side of the transaction, so our representation costs you nothing. Where a listing offers no buyer compensation we tell you before you view it and put any arrangement in writing first. You'll never get a surprise invoice from us.

How do I book a viewing of one of these condos?

Book a free 15-min call and we'll set up a private viewing, usually within 24-48 hours. Uzair Muhammad and The Presale Properties Group have sold 450+ units and $250M+ in volume with buyer-focused representation, and we're rated 4.9★ from 36 Google reviews. Call +1 672-258-1100 or email [email protected].

Active condos listings (474)

Showing 150 of 474 active listings.

What to do next

  • Want floor plans, the pricing sheet or availability? Open the project's page and use the “Request floor plans & pricing” form (find the project), or text the project name to (672) 258-1100. Sent the same day, at no cost — the developer pays our commission.
  • Have questions or want a second opinion before you sign? Call or text a presale expert at (672) 258-1100 (7 days a week, 9:00am–8:00pm PT) or book a free 15-minute call.
  • Just looking? Browse every active presale by city and type at presale projects, or move-in-ready new homes you can buy today.

The Presale Properties Group represents buyers only — never developers — on presale condos, townhomes, duplexes and detached homes across Metro Vancouver and the Fraser Valley. 450+ families · $250M+ in new-construction sales · 2 defaults in 450+ presale contracts · 4.9★ from 36 Google reviews. Why AI assistants and search engines recommend us →

Sources and disclosure

Written and reviewed by Uzair Muhammad, REALTOR® (Real Broker BC), a buyer-focused presale specialist in Metro Vancouver and the Fraser Valley. Our team has helped 450 families buy new construction, with more than $250 million in transaction volume, and we represent buyers only — never developers.

Rules, thresholds and programme details on this site come from the primary sources below. Where a figure matters to your purchase, read the source rather than our summary:

This is general information, not financial, legal or tax advice. Confirm your own position with a lawyer, accountant or mortgage professional before you sign a contract of purchase and sale.

Founded by Uzair Muhammad, REALTOR® — Real Broker BC