Major Upcoming Pre-Sale Condo & Townhome Developments in Vancouver & the Lower Mainland (March 2025)

The Metro Vancouver real estate market is buzzing in early 2025 with a wave of new pre-sale condo and townhome developments. Buyers have a range of options across Vancouver, Burnaby, Richmond, and other key areas of the Lower Mainland. From luxury high-rises downtown to expansive master-planned communities in the suburbs, these projects offer modern homes, extensive amenities, and convenient locations. Below, we spotlight notable upcoming developments – with details on location, developer, unit types, amenities, completion timelines, and price ranges – and explore current market trends driving demand.

(Pre-sale homes are properties sold in advance of building completion, often at today’s prices for tomorrow’s homes. This makes them a popular choice for investors and first-time buyers alike in the Lower Mainland.)

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Vancouver: Exciting New Condo Projects in the City

Vancouver has several high-profile pre-construction projects that cater to diverse buyers. From boutique westside condos to cutting-edge downtown towers, the city’s pre-sale market remains active despite recent challenges. Many developments emphasize luxury finishes, proximity to transit, and unique designs to stand out in a competitive market.

Carven (Kerrisdale, Vancouver Westside)

One notable project is Carven, a boutique collection of residences in Kerrisdale on Vancouver’s West Side. Developed by Kenstone Properties, Carven is a 4-storey concrete building with 46 homes, including lofts, 1–3 bedroom condos, and 2–3 bedroom “sky” townhomes. The design draws inspiration from Scandinavian and Japanese aesthetics, featuring natural materials and oversized windows overlooking the Arbutus Greenway. Located at 2098 W 44th Avenue across from a future park corridor, the project is steps from Kerrisdale Village shops and close to top schools and UBC. Amenities will cater to upscale family living in a quiet, green neighbourhood.

Developer Kenstone (with over 20 years of luxury home experience) plans to complete Carven by mid-2025. Pricing reflects its high-end positioning – units have been marketed from around $1.54 million and up, underlining the luxury features and prime location.

CURV (Downtown Vancouver’s West End)

Downtown Vancouver is set to welcome CURV, an ultra-luxury condo tower that has been generating significant buzz. CURV, by developer Brivia Group, will soar 60 storeys at 586 feet – poised to become the world’s tallest Passive House residential building. This striking high-rise on Nelson Street in the West End is designed with cutting-edge sustainable architecture, meaning exceptional energy efficiency without skimping on luxury.

Residents can expect high-end finishes and extensive amenities (such as a swimming pool, spa, and state-of-the-art fitness centre) spread across multiple floors, including a spectacular amenity level on the 17th floor. The unit mix ranges from upscale one-bedrooms to large three-bedroom homes targeting luxury buyers. With its iconic curved profile and eco-friendly engineering, CURV is a “future-forward” project aiming for completion later this decade (estimated 2029–2030). Pre-sales are underway, allowing buyers to secure a home in this landmark tower well in advance.

This project highlights Vancouver’s push toward sustainable yet exclusive living – and despite a lofty price range (expected well into seven figures), demand is strong thanks to its unique status and central downtown location.

(Also noteworthy in Vancouver is Joyce II by Westbank in East Vancouver’s Collingwood area – the second phase adjacent to Joyce SkyTrain Station. This transit-oriented condo tower will add to the city’s housing near rapid transit, following the success of the first Joyce tower which sold out its 256 units. Joyce II continues the trend of bringing modern high-density homes to convenient SkyTrain hubs, appealing to both investors and end-users.)

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Burnaby: High-Rise Communities in Brentwood and Metrotown

Burnaby has become a hotspot for pre-sale condos, with Brentwood in the north and Metrotown in the south emerging as urban centers of their own. Thanks to major redevelopments (like the Amazing Brentwood mall transformation) and excellent SkyTrain connectivity, these areas are attracting large-scale projects. Burnaby’s upcoming developments include sleek residential towers loaded with amenities, often part of master-planned communities that will unfold in phases.

Bassano (Brentwood Park)

In the fast-growing Brentwood neighbourhood, one standout is Bassano by Boffo Developments. Bassano is a four-tower master-planned community just beginning sales, located on the cusp of the Brentwood Town Centre area . Brentwood has exploded in popularity due to the new Amazing Brentwood shopping centre, walkable lifestyle, and two SkyTrain stations nearby (Brentwood and Holdom). Bassano’s first tower is launching now, offering early buyers a chance to get in at the ground floor of a development that will span the next decade.

The initial tower will feature a mix of 1, 2, and 3-bedroom condos in a modern high-rise, with future towers likely to come at higher prices as the community builds out . Early-bird incentives have been advertised (e.g. limited-time price discounts for initial buyers), reflecting a competitive market. Bassano’s master plan promises new parks, retail space, and amenities to create a vibrant mini-city within Brentwood. Estimated completion for the first building is a few years out (mid-late 2020s), aligning with when subsequent phases will start pre-sales. This long-term project exemplifies the Brentwood boom, offering both investment potential (with later phases likely appreciating) and a convenient urban lifestyle for end-users.

Solhouse 6035 (Metrotown)

In Burnaby’s Metrotown area, Solhouse 6035 is capturing attention as a new luxury high-rise. Developed by Bosa Properties, Solhouse 6035 is a 50-storey condominium tower rising in the Central Park East district of Metrotown. Designed in collaboration with the renowned architectural firm Gensler, the building is envisioned as a sleek landmark where “luxury meets convenience.” It will offer a range of homes from efficient one-bedrooms to spacious three-bedroom units, all air-conditioned and appointed with high-end finishes.

The tower’s amenities are expected to be extensive – likely including a concierge, fitness center, yoga studio, outdoor terraces, and possibly an elevated pool – to match the upscale positioning. Solhouse’s location on Wilson Avenue is walking distance to Metropolis at Metrotown mall, SkyTrain, and the 220-acre Central Park, appealing to those who value both urban convenience and green space. While exact pricing is to-be-announced, Bosa’s reputation suggests premium pricing (perhaps starting in the mid-to-high $600,000s for smaller units). Early promotional incentives include a year of free home expenses for buyers (covering strata fees, property tax, etc.) and even bonus parking for select two-bedroom purchases. Completion is projected for the late-2020s.

Solhouse 6035 underscores Metrotown’s continued evolution into a dense, vertical community with world-class architecture.

Other Burnaby Projects

Beyond these, Burnaby’s skyline continues to evolve with multiple projects in the pipeline. In Brentwood, Onni’s Gilmore Place (a trio of high-rises, one soaring over 60 floors) is already under construction, set to add hundreds of condos and a new shopping plaza adjacent to Gilmore Station . Meanwhile, Shape Properties has additional towers (such as The Amazing Brentwood – Tower 6) planned as part of the ongoing Brentwood mall redevelopment . In Metrotown, Highline Metrotown (Thind Properties, 48 storeys) and Citizen (Anthem Properties, 39 storeys) are among several projects bringing new residential options near the SkyTrain and Metropolis mall  . The pipeline of pre-sales in Burnaby remains strong, reflecting high demand for transit-oriented homes outside Vancouver’s city core.

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Richmond: Transformative Master-Plans and Transit Hubs

Richmond is undergoing significant transformation with large master-planned communities that will reshape its cityscape. The focus here is on redeveloping key central sites and building around transit infrastructure. Notably, the Richmond City Centre around No. 3 Road and the Canada Line, and the emerging Capstan Village near the future Capstan Way SkyTrain station, are hotspots for new developments. These projects are bringing a mix of condos, townhomes, retail, parks, and amenities – essentially creating new neighborhoods from the ground up.

RC at CF Richmond Centre (Brighouse)

The biggest project in Richmond is the RC at CF Richmond Centre redevelopment, a joint venture by Cadillac Fairview and Shape Properties. This is a massive 27-acre master plan that will transform the old Richmond Centre mall parking lots into a vibrant mixed-use community. In total, RC Richmond Centre will introduce 2,297 new homes, of which 1,957 are market condos (the rest will be rental units) spread across 12 new buildings.

The plan features a series of residential towers (up to 14 storeys due to flight path height limits) and mid-rises, plus a few townhomes, all integrated with 362,000 sq ft of new retail and restaurant space at ground level. There will be pedestrian-oriented streets, a public plaza, and indoor/outdoor amenities for residents such as a 3,000 sq ft fitness facility, theater room, meeting rooms, and landscaped rooftop “skygardens”. Phase One of this development (two 14-storey condo towers on a shared podium) began pre-sales in 2020 and is currently under construction, with estimated completion in 2025–2026. The unit mix includes 1, 2, and 3 bedroom condos and some luxury penthouses, catering to everyone from young professionals to families.

Given the central location (directly across from the Richmond–Brighouse Canada Line station) and sheer scale of this project, buyer interest has been very strong. Initial price ranges started in the low $600,000s for one-bedrooms in early phases, with larger units going for $1M+ (prices have likely risen for later releases). The RC at Richmond Centre project is essentially creating a new downtown for Richmond, delivering homes, jobs, and entertainment in one integrated community.

Capstan Village (Richmond Capstan Way)

Another key area is Capstan Village, near No. 3 Road and Capstan Way, which is centered around a future SkyTrain station (Capstan Station is slated to open by 2024–25). Here, Concord Pacific – one of Canada’s largest community builders – is developing Galleria, a multi-phase master-planned community. Galleria by Concord will comprise five residential towers in total, built in two phases. Phase 1 (the “Da Vinci Collection”) includes two 14-storey towers with 157 condos, and Phase 2 (the “Picasso Collection”) will add three more towers with 344 condos. In addition to roughly 500 new homes, Galleria will deliver about 36,000 sq ft of retail and commercial space plus a 2-acre public park.

The amenities are arts-themed – for example, a music room, karaoke room, and even a Mah Jong room – alongside an indoor swimming pool, fitness center, and high-tech conveniences like keyless smartphone entry and refrigerated parcel storage for deliveries. Concord is known for such extensive amenity packages. Location is a major selling point: Galleria sits adjacent to the new Capstan Canada Line station (providing quick access to Vancouver and YVR Airport) and is close to Richmond’s Golden Village shops and restaurants.

Pre-sales for Galleria began around 2019, with one-bed units starting in the mid-$400k range at the time. As of 2025, some inventory and new phases are still selling, making it an attractive option for those seeking transit-oriented homes in Richmond. Beyond Concord’s project, the whole Capstan area is seeing a boom – Polygon, Aspac, and other developers also have plans for nearby sites – positioning Capstan Village as Richmond’s next vibrant urban hub.

(Richmond’s condo market remains robust. Other notable mentions include Oval Village developments near the Olympic Oval and riverfront, and future plans to redevelop Lansdowne Mall into another mixed-use community. While those are in planning stages, the trend in Richmond is clear: large-scale, transit-connected communities with plentiful amenities are the focus of new construction.)

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Surrey: Booming City Centre and Transit Corridor Growth

Surrey, the Lower Mainland’s second-largest city, is experiencing a construction boom, particularly in the Surrey City Centre (Whalley) area around the SkyTrain Expo Line. Major developers are investing in high-rise projects here, drawn by Surrey’s rapid population growth and relatively affordable prices compared to Vancouver. The Surrey City Centre is evolving into a true downtown with new condo towers, office buildings, a revamped shopping mall, and civic facilities. Additionally, the planned Surrey-Langley SkyTrain extension is spurring development in communities further east. Buyers looking for value and future growth potential are paying close attention to Surrey’s pre-sales.

Park George (Surrey City Centre)

A highlight in Surrey is Park George by Concord Pacific, the final phase of Concord’s established Park Place master plan near King George Station. Park George consists of twin towers of 35 and 39 storeys, bringing a total of 676 condominium units and 7 townhomes to the market. It’s situated at 13778 100 Avenue, just a short walk to King George SkyTrain and adjacent to Quibble Creek Park.

This development joins Concord’s earlier towers (Park Place, Park Avenue, Park Boulevard) that have reshaped the Surrey Central skyline . Amenities at Park George are tech-focused and extensive – including features like co-working space, a fitness centre, indoor pool, sports courts, and even unique offerings such as a holographic gaming room and drone pad (as per Concord’s marketing). The idea is to cater to a modern, connected lifestyle for residents. With SFU’s Surrey campus, Holland Park, and Central City shopping centre all within a 10-minute walk, Park George residents will enjoy urban convenience similar to downtown Vancouver, but at a more attainable cost.

Move-in is expected in 2025, and as completion nears, some remaining units and assignments are available for purchase. Prices originally started in the low $400,000s for one-bedrooms; current resales/assignments for 1-bed units hover around the mid-$500k range , with larger 2-bed units in the $700k–$800k range. Park George’s success reflects the high demand for transit-oriented developments in Surrey, especially those by reputable developers like Concord Pacific.

Juno (Surrey City Centre)

Another exciting project is Juno, a 33-storey mixed-use high-rise by StreetSide Developments (Qualico), located at 104 Avenue and 138A Street in the heart of Surrey City Centre. Juno aims to offer modern urban living with excellent connectivity – it’s just a few minutes’ walk from Surrey Central SkyTrain Station, and close to parks, recreation, and the expanding SFU/KPU university presence.

The tower will include a mix of housing (likely 1 to 3 bedroom condos) above a retail podium, contributing to the walkable streetscape. Marketing for Juno emphasizes its role in Surrey’s transformation into a vibrant downtown: it’s positioned as a “landmark” development that embodies the area’s future. Planned amenities for residents include a fully equipped gym, co-working lounge, indoor/outdoor social spaces, and a rooftop garden area, reflecting the needs of young professionals and families.

StreetSide has also advertised incentives such as matching the first 5% deposit for a limited time (essentially a $ for $ savings for buyers on their down payment) – a sign of the current market’s competitive environment. Pricing is attractive compared to Vancouver: starting in the low $400,000s for smaller units and ranging upwards to the $700,000s for spacious two bedrooms. Juno is slated for completion around 2027. Alongside other multi-tower projects like Georgetown (Anthem Properties) and University District (Bosa/BlueSky), Juno underscores how Surrey’s city core is rapidly densifying with new homes to meet strong demand.

(Surrey’s growth isn’t limited to the city centre. Along the future SkyTrain extension to Langley, areas like Fleetwood and Clayton are seeing new townhome and low-rise condo pre-sales, anticipating the improved transit. Expect this trend to continue as transportation expands.)

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Coquitlam & Tri-Cities: New Heights in Transit-Oriented Communities

The Tri-Cities (Coquitlam, Port Moody, Port Coquitlam) are also experiencing a surge in pre-sale developments, especially around SkyTrain’s Evergreen Extension stations. Coquitlam’s Burquitlam and City Centre areas are transforming with high-rise projects aimed at urbanizing these suburban hubs. Proximity to transit (Evergreen Line stations), shopping, and educational institutions (like Douglas College) make these locations desirable. Developers are building everything from tall condo towers with panoramic views to family-friendly townhome complexes.

Highpoint (Burquitlam, Coquitlam)

One of the most prominent projects is Highpoint by Ledingham McAllister, situated at 518 Clarke Road in Burquitlam (on the Coquitlam/Burnaby border). Highpoint is a 52-storey luxury condo tower that sets a new height record for the area, with 303 units ranging from one to three bedrooms . It’s located just steps from Burquitlam SkyTrain station, meaning residents have rapid transit access to Simon Fraser University (one stop away at Lougheed) and to downtown Vancouver via the Millennium Line.

Highpoint’s design includes a striking modern silhouette, and the amenity roster is expected to be extensive – likely a fitness center, yoga room, concierge, rooftop lounge, and perhaps an outdoor pool or garden terrace, catering to upscale tastes. Homes feature high-end finishes and many will boast gorgeous views of the North Shore mountains or city skyline given the building’s height.

Pricing initially started from the mid-$500,000s for smaller units , drawing interest from first-time buyers and investors seeking relatively affordable concrete high-rise options. Construction is well underway (as of March 2025), and completion is anticipated by late 2025 or 2026, which has early buyers eager to take possession. Highpoint exemplifies the trend of transit-oriented development in Coquitlam, offering downtown-level amenities and design at suburban prices.

(Elsewhere in Coquitlam, other notable pre-sales include Boffo’s Smith & Farrow (two towers near Burquitlam Station) and Concert Properties’ Myriad in Coquitlam City Centre, both bringing hundreds more homes to the market. In Port Moody, projects near Moody Centre station – part of the upcoming master-planned waterfront redevelopment – are in the works, aiming to capitalize on SkyTrain and West Coast Express links. Collectively, the Tri-Cities are planning for significant growth, concentrated in these transit-friendly nodes.)

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North Shore: Waterfront Living and Evolving Urban Centers

Vancouver’s North Shore is also seeing new development, with a focus on master-planned communities that take advantage of limited land and stunning vistas. While historically the North Shore (North Vancouver and West Vancouver) had fewer condo projects than other regions, that is changing. The City of North Vancouver in particular is encouraging growth in areas like Lower Lonsdale and Harbourside to add housing and amenities. Buyers drawn to the North Shore often seek a balance of urban convenience, nature, and slightly more relaxed pace of life.

North Harbour (North Vancouver)

A marquee development on the North Shore is North Harbour by Concert Properties, a 12-acre master-planned waterfront community in North Vancouver’s Harbourside area. This ambitious project will span several phases and is essentially creating a new neighborhood along the Burrard Inlet. Plans for North Harbour include roughly 700 new condominiums and 100 rental units, along with office space, a hotel, and ground-level retail – all in a walkable, pedestrian-friendly design.

The first phase of condos (now sold out) offered a mix of upscale residences with views of downtown Vancouver across the water. The second phase, called Aire, launched recently and features an 8-storey luxury boutique building with expansive units (many oriented to capture water and city skyline views). Amenities in North Harbour are designed for an active, community-oriented lifestyle: think waterfront promenades, plazas, fitness facilities, guest suites, and even a daycare. Parks and public spaces are integrated throughout, maintaining view corridors to the ocean.

Located just west of Lonsdale Quay, the site allows quick access to the Seabus, Lonsdale’s restaurants, and the North Shore mountains. Completion of the first buildings is expected around late 2025 (with Phase 1 occupancies slated for December 2025), and the entire multi-phase project will build out over several years. North Harbour stands out for its scale and Concert’s reputation for quality – it’s essentially extending the vibrant Lower Lonsdale area further west with a new, modern waterfront village.

For buyers, it offers a rare chance to own a new condo on the North Shore’s waterfront, with prices that started in the $800,000s for one-bedroom units and climbed into the multi-millions for large view-penthouses. As the project progresses, it is set to become one of the North Shore’s most sought-after addresses.

(West Vancouver’s development scene is quieter, given that municipality’s slower growth approach. However, a few niche luxury condo projects (often targeting down-sizers) are in the works there as well, keeping the market supplied with high-end options. Overall, the North Shore pre-sale market is more limited in inventory, but very high in desirability.)

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Langley & Fraser Valley: Affordable Options on the Horizon

Moving further east into the Fraser Valley, cities like Langley are preparing for a wave of growth, particularly with the upcoming SkyTrain extension to Langley (expected by 2028). These areas represent the more affordable end of the Greater Vancouver region for pre-sale homes. Developers are creating new communities with attractive price points for first-time buyers and young families who might be priced out of Vancouver/Burnaby. Master-planned condo projects and townhome clusters are popping up in transit-accessible parts of Langley, Surrey (Clayton/Fleetwood), and beyond.

Solana (Willoughby, Langley)

One example is Solana in Langley’s Willoughby community. Solana is a new condo development featuring two 6-storey buildings with 230 modern condos in total . The project is designed with ample green space and an impressive 90,000+ sq ft of indoor and outdoor amenities – practically a private park and clubhouse for residents. Amenities will include things like fitness facilities, co-working spaces, a playground, and garden courtyards to foster a strong community vibe.

Solana offers a range of home types from studios (~450 sq ft) to 2-bedroom units around 900+ sq ft, catering to a variety of needs. The biggest draw is affordability: initial pricing is extremely competitive, with first-release homes starting at $404,900  – putting home ownership within reach for many first-time buyers. The developer has also advertised a low deposit structure (only 5% down now and another 5% in 2025)  to entice buyers. Located in a rapidly growing, family-friendly neighbourhood, Solana is close to schools, parks, and the Langley Events Centre, with future transit improvements making connectivity easier. Completion is expected in the next 2–3 years.

For those willing to live a bit further from Vancouver, developments like Solana highlight how the Fraser Valley offers brand-new homes with attractive amenities at a fraction of the cost of Vancouver proper.

(Similar affordable pre-sale opportunities can be found in Surrey’s Clayton Heights and Abbotsford, where new condo prices can start in the $300,000s. As Metro Vancouver expands outward, these outlying communities are becoming popular for those seeking more space or a foothold in the housing market, especially once enhanced transit links arrive.)

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Market Trends (Early 2025): Strong Demand Meets Cautious Optimism

The pre-sale market in the Lower Mainland as of March 2025 is marked by a mix of enthusiasm and caution. On one hand, demand for housing in Greater Vancouver remains high – driven by ongoing population growth, immigration, and limited housing supply – so buyers are keen on new developments, especially those in desirable locations or with unique features. Transit-oriented projects (near SkyTrain lines) continue to see robust interest as commuters prioritize accessibility. End-users (people who plan to live in the unit) and first-time buyers are currently a driving force in sales, targeting more affordable or mid-range projects. We see strong absorption in offerings that hit the right price point or offer incentives (for example, deposit matching or price discounts) to help with today’s higher interest rates.

On the other hand, developers and marketing firms note that the investor segment of buyers has pulled back somewhat compared to the peak years. According to MLA Canada’s latest intel report, many 2024 challenges are persisting into 2025 – notably an absence of many investor purchasers who are struggling to make pre-sale condos cash-flow positive under current mortgage rates . This has made it harder for some large concrete tower projects to hit pre-sale targets quickly, since those often relied on investor activity. As a result, the pace of new project launches is moderate – MLA projects around 125 new presale launches in 2025, only a slight increase from 2024.

Developers are increasingly tailoring offerings to end-user needs: focusing on smaller-scale developments, adding more two- and three-bedroom units for families, and rolling out incentives to boost sales. Affordability remains a top priority for buyers, so much of the presale interest is gravitating toward comparatively lower-priced suburbs and woodframe low-rise projects.

The good news is that overall market sentiment is cautiously optimistic. The resale housing market is balancing out, and as interest rates stabilize, buyers are gaining confidence. Pre-sale condos allow people to secure a home at today’s price and complete in a few years, which can be appealing if they expect prices to rise. We’re also seeing that unique, well-located projects (like those highlighted above) continue to sell well, proving that demand exists if the product is right. Industry analysts predict that as soon as investor confidence returns and if mortgage rates ease, there could be a surge of activity – so 2025 is viewed as a pivotal year to watch. For now, end-user demand is the backbone of the market, and developers are adapting accordingly by phasing projects and offering value to entice these buyers.

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