About Bailey
Bailey is a 6-storey wood-frame building by StreetSide Developments at 4928 Quebec Street in East Vancouver’s Little Mountain neighbourhood. The project offers 61 condominiums in one to three-bedroom layouts ranging from 580 to 1,109 sq ft, targeting first-time buyers, downsizers, and investors looking for accessible entry points in Vancouver’s east side.
StreetSide Developments is the Canadian residential arm of Qualico Group, with decades of experience building homes across Western Canada. Their projects are known for practical layouts, quality construction, and on-time delivery — useful assurance when buying a presale with a mid-2026 completion window.
Location & Neighbourhood
Bailey sits at the corner of Quebec Street and East 33rd Avenue, one of the quieter residential pockets of the Main Street neighbourhood. It is often called Little Mountain after the elevated landform nearby, or Riley Park after the neighbourhood’s main green space.
Queen Elizabeth Park — Vancouver’s highest point, with formal gardens, a quarry garden, and tennis courts — is a short walk away. So is the Main Street commercial corridor, which has become one of the city’s most popular strips for independent restaurants, wine bars, and specialty grocery stores. The neighbourhood has a strong community feel, with tree-lined streets and a mix of older character homes and newer infill.
Transit options include several bus routes along Main Street and 41st Avenue that connect easily to the Canada Line at Broadway–City Hall and Oakridge–41st Avenue. The neighbourhood is also bikeable via quiet residential streets to the Heather and Ontario Street bikeways.
Pricing and What’s Available
After a developer price reduction, one-bedroom homes at Bailey start from $599,900 — a competitive entry point for the Main Street area, where similar-sized resale condos routinely trade above $700,000. Two-bedroom units offer more space for families or buyers who want a dedicated home office. Three-bedroom homes, ranging up to 1,109 sq ft, provide genuine family-sized living rarely found at this price level in the neighbourhood.
Inventory is limited as the building approaches its completion date. Because this is a near-complete presale, buyers face a shorter wait between signing and getting keys compared to projects with 2027 or 2028 completions — reducing the financial exposure period and uncertainty that comes with longer presale timelines.
Flexible Deposits
Bailey’s deposit structure is genuinely buyer-friendly compared to the standard Vancouver presale model. There is no deposit required at the time of offer. The first 5% is due 7 days after your offer is accepted, and the second 5% is due 90 days after acceptance. This structure means buyers have time to arrange financing and make considered decisions without a large sum tied up immediately.
The total deposit is 10%, which is the standard minimum. Because Bailey is so close to completion, that deposit is also held for a much shorter period than it would be on a 2027 or 2028 project.
Who Is Bailey Best Suited For?
Bailey is well-matched for first-time buyers entering the market who want a new home — with warranty protection, modern finishes, and energy-efficient construction — at a price that is difficult to match in this neighbourhood. It also suits downsizers leaving a larger home on the east side who want to stay close to their existing neighbourhood and lifestyle. Investors should note the current rental demand along Main Street and the competitive cap rates achievable relative to West Side locations.