Tempo Condos in Abbotsford

First phase of Tempo ( condos on 1951 McCallum Rd Abbotsford) is nearing completion. Tempo has 1 and 2 bedroom units with open floor plans. Tempo condos are being developed by Newgen Realestate Developments Inc. New home warranty will be provided by St.Paul Guarantee. Newgen set a new record in Abbotsford in May 2006 when they sold 116 units in Tempo in a single day. The buying frenzy was fueled by offers of monthly mortgage payments averaging 20 per cent below local rents. Many condos went to first-time buyers or parents purchasing a condo for young adult children. Newgen Developments was offering monthly payments for the first two years starting at $399 for one-bedroom and $699 for two- bedroom condominiums based on a 15 per cent down payment. If you are thinking of selling or buying a condo in Abbotsford visit "The Condo Seller" online. View a list of all Abbotsford condo buildings here.