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Looking to invest in townhouse & condominiums in Burnaby, Coquitlam and Port Moody?

Looking to invest in townhouse & condominiums in Burnaby, Coquitlam and Port Moody?

An Overview of the Burnaby, Coquitlam and Port Moody Townhouse & Condo Market

The Burnaby, Coquitlam and Port Moody Townhouse/ Condo market is an attractive option for those looking to invest in real estate in the Lower Mainland. Burnaby, Coquitlam and Port Moody are vibrant communities with diverse housing options ranging from single-family homes to condos and townhomes. This overview will provide an insight into the current market trends, availability of units, prices, and other factors that affect the real estate market in these two cities. It will also discuss some of the benefits of investing in Burnaby, Coquitlam and Port Moody Townhouse & Condos.

Which Areas in Burnaby, Coquitlam and Port Moody are Best for Investing in Townhouse & Condos?

Investing in townhouse /condos in Burnaby, Coquitlam and Port Moody can be a great option for those looking to buy a first time home or down sizing or investors who looking to rent out condos. Both cities have many areas that are ideal for investing in townhome /condos, offering potential buyers a variety of options.

Burnaby is the third largest city in BC. It's stunning natural beauty and abundance of green space give it a unique identity. Brentwood and Metrotown offer a metropolitan city life with very tall hi rises with breathtaking views and each of the club amenities in the building. You can never be bored here. 

Willingdon heights, South slope and Edmonds are happy neighbourhoods which offer a perfect blend of sports, shopping, grocery stores and have easy access to skytrains making travel to Downtown offices effortless.

When it comes to Central / West Coquitlam, the neighbourhoods around Lougheed Town Centre and Burquitlam are great choices for buying a townhome / hi rise condos. These areas offer plenty of amenities and have easy access to public transportation, they offer a very city kind of living with beautiful parks for outdoor sports. They have the best day care schools, elementary and secondary schools. Sport facilities in the Y.M.C.A are unmatchable. There are beautiful and affordable hi rises in these two vibrant and very happening locations. There is a Wallmart at walking distance, Lougheed shopping mall which has every thing you need and a range of restaurants, this perfect mix, makes it a poplar residential area for people from metropolitan cities.

In Port Moody, the neighbourhoods around Newport Village, Suter Brook Village are all excellent options for investing in townhouse or HI RISE condos. These areas offer plenty of outdoor activities as well as being close to shopping centres and other essential services. They have good schools, parks and a mix of ethnicity. This location feels more relaxed and like a like a holiday destination, almost feeling like life is a vacation. The Inlet station skytrain is within walkable distance.

The white pine beach close by is very popular amongst Americans who wanna have a quick short break.

There are gorgeous waterfront mansions all over Port Moody.

Whether you’re looking for an investment property or a place to call home, these two cities provide plenty of opportunities when it comes to buying a townhome or condo. With careful research and due diligence, you can find the perfect place to invest.

What are the Pros & Cons to Investing in a Townhome versus a Condo?

Investing in a townhome or hi rise/ low rise condo can be a great way to get into the real estate market. Both offer certain advantages and depending on your needs and preferences. To make an informed decision, it is important to consider the pros and cons of investing in either type of property. Luckily, with Jeevikka Shah, your real estate expert, you can find out what’s best for you keeping your goals a priority. Call me today!

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