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North Shore New Homes
Your most complete source for presale condos, townhomes and new construction selling now across North Vancouver and the North Shore.
Wallace Green Real Estate Group tracks every presale and new development actively selling across North Vancouver and West Vancouver, from woodframe and concrete condos to townhomes and stacked townhomes. Pricing and floorplans are available on registration.
New home development on the North Shore is concentrated in a handful of established and emerging town centres. In the City of North Vancouver that means Lower Lonsdale, Central Lonsdale and Moodyville. In the District, growth is focused around Lions Gate Village, Lynn Valley Town Centre, Lynn Creek and Maplewood, with further projects along the Marine Drive corridor and in Edgemont, Harbourside, Seymour and Deep Cove.
Beyond what is selling now, we also track the full North Shore development pipeline: projects launching shortly on our coming soon page, and the earlier-stage developments still in planning and application with the City and District of North Vancouver.
Register once and we will send you pricing, floorplans and first access as new North Shore developments release.
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Buying New
Buying a presale is different from buying a resale home. You are purchasing before it is built, on a contract with the developer, and the process has its own timeline, deposit structure and legal protections. Here is how it works on the North Shore.
A presale is a home you buy before it is finished being built. Instead of walking through a completed property, you buy from plans, renderings and finishing schedules, then complete the purchase later when the home is ready to occupy, often several months to a few years out.
Deposits are paid in stages and held in trust, not paid to the developer directly. A typical North Vancouver presale asks for an initial deposit on signing, followed by further deposits over the construction period. The exact amounts vary by development, and the balance is not due until the home completes.
BC gives presale buyers a mandatory seven day window to cancel for any reason. Under the Real Estate Development Marketing Act, once you sign and receive the developer disclosure statement, you have seven days to rescind with your deposit returned. This is separate from the shorter rescission period on resale homes.
Yes. New construction is subject to GST, unlike most resale homes, and rebates may apply depending on the price, how you intend to use the home and your circumstances as a buyer. Because the rules change, confirm the current treatment with a tax professional or your Wallace Green advisor before you write an offer.
Property Transfer Tax is paid on completion, when title transfers to you, not when you sign. BC offers a Newly Built Home Exemption that can reduce or eliminate the tax for qualifying purchases, subject to price limits and eligibility rules that change over time. We will walk you through what applies to your purchase.
Sometimes, through an assignment, if the developer permits it. An assignment is the sale of your presale contract to another buyer before the home completes. Not every developer allows them, those that do often set conditions and fees, and assignments carry tax and reporting obligations worth understanding in advance.
Why Register With Us
Presales reward buyers who understand value before it is finished being built. That is the exact discipline this team was trained in.
Before becoming full-time REALTORS, Scott Wallace and Carson Green worked as development analysts at one of Vancouver's leading real estate advisory teams, pricing new home projects and presale programs. That valuation discipline is how they judge whether a North Shore presale is priced with room or priced ahead of the resale market around it.
The best floorplans and earliest pricing go to buyers who are registered before a development opens. Registering with Wallace Green puts you on the early access list across North Vancouver and West Vancouver, so you see pricing and plans when they matter rather than after the strong units are gone.
On a presale the developer pays the buyer agent commission, so having Wallace Green represent you through the disclosure statement, contract and completion costs you nothing. You gain a second set of trained eyes on the contract without adding to your purchase price.
Not every presale is a good buy, and we will tell you when one is not. Because we also sell resale homes across the same neighbourhoods every week, we can compare a presale against what your money buys in completed inventory today and give you a straight answer either way.
Presale FAQ
The questions North Shore buyers ask most about presales and new construction.
Register your interest and we will send current pricing, available floorplans and release timing for the developments you are watching. Many presales release pricing only to registrants, so registering early is the way to see real numbers rather than placeholders.
No. On a presale the developer pays the buyer agent commission, so having Wallace Green represent you through the disclosure statement, contract and completion does not add to your purchase price.
Completion timing varies widely by development, from under a year for a small woodframe project to a few years for a concrete tower. The developer provides an estimated completion window in the disclosure statement, and that date can move, which is normal for new construction. We track timelines on each development we represent.
Deposits are paid in stages and held in trust, with an initial amount on signing and further amounts over the construction period. The exact structure varies by development. See the How Presales Work section above for how deposits are handled, and we will confirm the schedule on any specific project.
Yes. With a presale your mortgage is arranged closer to completion rather than at signing, since that is when the home is ready and funds are needed. We recommend speaking with a mortgage broker early so you understand your position, and we are happy to refer one if you do not have somebody.
A presale is a purchase directly from the developer of a home not yet built. An assignment is the purchase of an existing presale contract from an earlier buyer before the home completes. Assignments are only possible when the developer permits them, and they carry their own conditions, fees and tax considerations.
It depends on your goals and timeline. A presale can suit buyers who value a long runway to completion, first pick of floorplans and a brand new home, and who are comfortable with a completion date that can shift and a home they buy from plans. We compare any presale against completed resale inventory in the same neighbourhood so you can decide with a clear picture rather than a sales pitch.
New home development is concentrated in Lower Lonsdale, Central Lonsdale and Moodyville in the City, and around Lions Gate Village, Lynn Valley Town Centre, Lynn Creek and Maplewood in the District, with further projects along the Marine Drive corridor and in Edgemont, Harbourside, Seymour and Deep Cove.
Work With Wallace Green
One registration covers every active and upcoming project. We send you priority access, floorplans, and pricing before public launch — along with an independent read on whether a project makes sense for your situation.
Or call directly
Wallace Green Real Estate Group at Oakwyn Realty Ltd.
101-3151 Woodbine Drive, North Vancouver, BC V7R 2S4
team@wallacegreen.ca · Brokerage Licence R3081667
Oakwyn Realty
101 - 3151 Woodbine Drive North Vancouver, BC V7R 2S4
