East Vancouver Real Estate Presale
For many years, the East Side of Vancouver real estate was considered to be a very run down and old community where you could purchase old homes at a very affordable and reasonable cost. However, things have changed over the past decade and a prospective home buyer in Vancouver East property may not even get a fixer upper for less than $750,000.

The shortage of land in Vancouver has a big part to do with it. In addition, Vancouver East is so close to downtown and to UBC, homebuyers have flocked here to build their dream homes on more reasonably priced land when compared to the above counterparts. Residential real estate developers have also come to Vancouver east or the East Side of Vancouver to build their townhomes, condo pre-construction projects and presales master planned home communities because the land is cheaper and there is a bigger demographic that can afford these new homes. In many ways, Vancouver East real estate has been a forgotten gem ... an area that is bustling with excitement, great urban amenities, outstanding transportation and commuter routes and an unparelled location within the Lower Mainland. This is why the East Side of Vancouver new real estate projects are demanding the prices that are more than other traditionally more enticing areas such as Burnaby and Richmond.

Vancouver East Property Locations and New Pre-Construction Condos
If you are a new homebuyer or a new real estate investor, Vancouver East provides some of the best purchase opportunities in the entire city. With new presales condominiums sprouting up mostly along the Cambie and Main corridors, within a few years, these properties in the East Side of Vancouver will become very valuable both as a short term primary residence investment as well as a rental property for landlords and owners. In addition, the Southeast False Creek area in Vancouver East real estate is a beekon of what can happen with a master-planned development. This awesome waterfront area is being transformed into one of Vancouver's most exciting new neighbourhoods and will also be the home of the Athlete's Village for the 2010 Winter Olympics in Vancouver/Whistler. In addition, the Southeast False Creek community is a new real estate Vancouver East property that will provide affordable housing for first time homebuyers as well as empty nesters and downsizers as there is so much variety in homes, waterfront condo pre-construction properties and townhomes to choose from in this new neighourhood. The sky is the limit when it comes to teh property transformation of teh Vancouver East areas which is already undergoing significant infrastrucutre and residential building upgrades.

The Eastside Vancouver Real Estate Communities on the Rise
When visitors or people moving into the city look at a map, many are stunned and somewhat confused by the district location names for neighbourhoods. Take for instance, East Vancouver is just a defining neighbourhood of the City of Vancouver real estate market. There is also the East End of Downtown Vancouver, which is not the same as the East Side of Vancouver real estate property. Basically, the line drawn for the community of East Vancouver is between the Vancouver Westside and Burnaby (just beyond Canada Way). The most popular new development areas on the easide of Vancouver real estate include the Commercial Drive neighbourhood where homebuyers can find new apartment buildings, condos, luxury residences and family townhomes all within a block of this vibrant and multi-cultural artsy district. Mount Pleasant has become a great place for first time homebuyers to by starter homes which are usually older and more run down and therefore require some tender loving care. Marpole is yet another great community for empty nesters or young families looking to purchase single family detached homes in the East Vancouver real estate market.