Having the highest immigration population in Canada, Richmond opens doors to tremendous real estate opportunities.
With most first-time home buyers being from China (Largest foreign investor group in Canada), new construction in Richmond is apparent everywhere. Although there are some very large industries here, the housing market is where the investors are getting the biggest ROI in.

New Construction Homes for Sale in Richmond BC

Richmond

Canada

Hamilton

British Columbia: All Cities with New Home Developments

Explore new development projects across all cities of British Columbia, Canada. Whether you're a first-time buyer, downsizer, or investor, finding new homes for sale in BC is now easier than ever. From vibrant urban condos to spacious townhomes and single-family homes, we showcase BC's newest real estate developments. Browse new home listings and presale assignments on our user-friendly web portal. Whether buying or investing, ListingsNearby connects you to your future home in British Columbia&rsquo;s dynamic new construction market.

New Homes for Sale in BC, Canada

Presale developments refer to new construction homes, such as condos, townhouses, or detached houses, that are sold before they're built or completed. Buyers write a purchase contract with real estate developers with a small initial deposit, and the remaining payment is due upon completion. This allows time to prepare financing and benefit from property appreciation during the construction phase.

What are the new presale developments in BC, and how do they work?

Metro Vancouver, including Vancouver, Surrey, Burnaby, Richmond, Langley, and Coquitlam, has a high concentration of new houses for sale. Other growing regions like Kelowna, Victoria, Squamish, and Nanaimo also offer attractive development projects. ListingsNearby showcases projects across all major cities and towns in British Columbia.

What cities or regions in BC have the newest houses for sale?

ListingsNearby.com makes it easy to browse and compare new construction homes in BC, Canada. Use filters like city, price range, property type, developer, and completion date to narrow your search. Each listing includes detailed project information, features, floor plans, pricing, and photos to help you make informed decisions.

How can I find and compare new construction homes in BC, Canada, on ListingsNearby?

Yes, presale homes are often a planned and profitable investment. With lower initial deposits, potential price appreciation during construction, and flexibility before moving in, presales can be ideal for both first-time buyers and investors. BC’s strong real estate market makes it a favorable location for new home investments.

Are presale homes in BC a good investment opportunity?

Before buying, review the developer’s track record, construction timelines, deposit structure, and completion dates. Also, understand assignment policies, cancellation clauses, and estimated closing costs. It’s advisable to consult with a real estate professional to ensure all contract details align with your expectations.

What should I know before buying a new home in a development project in BC?

Yes! A selected presale specialists get early VIP access to presale projects through their strong relationships with local real estate builders and proven sale records. This allows buyers to secure units at introductory prices before they are released to the public.

Can I get early access to new real estate developments in BC through ListingsNearby?

Working with a presale specialist or licensed real estate agent is highly recommended. Agents can negotiate better deals, explain legal contracts, and ensure you understand the fine print of your purchase. ListingsNearby connect you with trusted presale professionals in your desired neighbourhood.

Do I need a real estate agent to buy a presale home in BC?

ListingsNearby features a wide variety of new homes, including condominiums, townhouses, duplexes, and single-family detached houses. Our platform includes both presale developments and assignment listings, giving you a comprehensive view of BC’s new home market.

What types of new homes are listed on ListingsNearby—condos, townhomes, or detached houses?

Yes, presale homes are often ideal for first-time home buyers. They allow you to secure a property with a smaller deposit and provide more time to prepare for final financing. You can also avail of first-time home buyer government incentives such as property transfer tax exemption, GST claim back, etc. Recently, the federal government has proposed to exempt GST for first-time home buyes on all contracts written after May 27, 2025 and upto $1.0 Million.

Is buying a presale home a good option for first-time home buyers in BC?

Buying an assignment means purchasing a presale contract from the original buyer before the project is completed. Assignments often come with faster move-in dates and can be priced below market value. ListingsNearby lists verified assignments, giving you access to nearly completed homes with potential savings.

How does buying an assignment in a nearly completed project work, and what are the benefits?

British Columbia is known for its natural beauty, high quality of life, excellent healthcare, top-rated schools, and vibrant multicultural communities. With its growing economy, mild climate, and scenic landscapes, BC is consistently ranked as one of the best places to live and invest in real estate in Canada.

Why is British Columbia, Canada, considered a great place to live?

British Columbia offers a wide range of new housing options including presale condos, townhomes, single-family detached homes, duplexes, and custom new builds. Whether you're looking for a modern condo in an urban center like Vancouver or a family-sized house in suburban cities like Langley or Surrey, BC has options for every lifestyle and budget.

What types of new homes are available in BC?

As of 2025, the average price of a condo and townhome in British Columbia (BC) varies by region. In Vancouver, prices typically range from high $700,000 to over $2. 0 million, while in cities like Langley, Surrey, and Abbotsford, the average prices are between $500,000 and $1,100,000. Condos are usually more affordable, with starting prices ranging from $300,000 for a studio to $700,000 for a 3-bedroom condo home.

What is the average cost of a house in BC?

As of 2025, foreigners are banned from buying a residential property in most of the regions in BC. Please consult your Real Estate Professional for more details on what foreigners can buy in British Columbia.

Can foreigners buy a residential property in BC?

Find your perfect new home in BC, Canada, with ease using our advanced, user-friendly search portal. ListingsNearby lets you explore currently selling new home developments in BC, ready-to-move-in new homes, upcoming future projects, and pre-sale assignments in BC, all in one place. Utilize powerful search tools to filter by your preferred location, budget, and home type, making finding a home that matches your lifestyle and goals easy.

Find Your Perfect New Home in BC, Canada

British Columbia

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DAVA Developments

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120 Beautifully-Crafted Townhome Residences

Value, Style &amp; Convenience All Under One Roof
Parc Thompson is a collection of 120 beautifully-crafted townhomes that embody the true meaning of value. Each one of these thoughtfully-designed residences offers more than 1,100 sq ft of functional living space, complete with three bedrooms and an attached two-car garage.



Centered around a shared amenity space where families can gather and situated in a prime East Richmond location that’s connected in all directions, Parc Thompson is a complete community where residents will feel proud to call home.
LOCATION
Parc Thompson is located in an all-inclusive neighbourhood unlike any other within the Greater Vancouver Area. Immediately surrounding these homes, there are plenty of parks, green spaces and walking trails to explore, while the shopping and entertainment hub Queensborough Landing is mere minutes away.

When you need to travel further afield, this central location offers quick connections to a different destination in every direction including Richmond city centre, Surrey, New Westminster and Burnaby.

Source: Parc Thompson