'A rarity': More than 260 new condos coming onto the market at Burnaby's Lougheed

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New units will be sold as “move-in ready” instead of through pre-sale.

Hundreds of new market condos are coming onto the market this summer at Burnaby’s City of Lougheed development as the fourth and final tower of Shape Properties’ Neighbourhood One comes online.

She said it was the developer’s plan from the start to bring a full tower of units available for purchase. “And so, I think for the first time ever we’re presenting the buyer with this unprecedented amount of choice.” Tower Three at the City of Lougheed includes condos between one- and three-bedrooms, and all units include air conditioning, concierge services, parcel storage lockers, EV charging stations and plenty of amenities like a fitness facility, lounges, meeting spaces and children’s play areas, according to a press release. Parris also added the new homes are fully backed by the mandated 2-5-10 home warranty.The prices for the Tower Three units will not be released until they go to market in July.

 

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