Ace on the Drive by Wesgroup Properties — Presale Condos in Mount Pleasant, Vancouver

Quick answer

Ace on the Drive is a presale condo in Mount Pleasant, Vancouver by Wesgroup Properties — starting price $647,500 · deposit 5% deposit on all homes: $10,000 payable upon signing, with the balance of the 5% due within 7 days of Acceptance · estimated completion 2026 · status: now selling. Next step: for floor plans and the current pricing sheet, use the request form on this page or text “Ace on the Drive” to (672) 258-1100; for questions or a second opinion, call (672) 258-1100. Buyer-side representation, no cost to you — the developer pays our commission.

Updated October 2026

Ace on the Drive is a new presale condo development by Wesgroup Properties in Mount Pleasant, Vancouver. Offering 1 - 3 beds. Pricing starts from $647,500. Estimated completion 2026. Download the floor plans and request the latest pricing sheet below — there is no cost to buyers, as the developer pays the buyer agent commission.

Ace on the Drive is a **61-home condo development** by **Wesgroup Properties** in **Mount Pleasant, Vancouver**, with homes from **$647,500** and completion estimated for **2026**. Located at **1680 E 12th Ave**, this **6-storey** mixed-use building is in **Mount Pleasant**, just **five minutes** from the **Commercial-Broadway SkyTrain** hub. It offers **1 - 3 Bed** homes, with sizes ranging from **512 to 1,020 sq ft**. The development is estimated to be approximately **90% sold**. The deposit structure for Ace on the Drive is designed to be accessible: • **5% deposit** on all homes • **$10,000** payable upon signing • Balance of the **5%** due within **7 days** of Acceptance Residents will have access to a variety of amenities, including an **Outdoor Lounge**, a **Co-work Lounge**, a **Pet Wash**, and secure **Bike Storage**. Ground-floor retail is also planned for the building.

Machine-readable listing data for this project is available at https://presaleproperties.com/data/projects/ace-on-the-drive.json.

PresaleProperties.com is the buyer-focused representation practice of Uzair Muhammad (REALTOR, Real Broker BC), serving presale and new construction buyers across Metro Vancouver and the Fraser Valley from 3211 152 St, Building C, Suite 402, Surrey BC V3Z 1H8 — (672) 258-1100.

Ace on the Drive Floor Plans

Ace on the Drive offers 1 - 3 Beds as condos in Mount Pleasant, Vancouver. Floor plans are released to VIP buyers first. Call (672) 258-1100 or request the full floor plan package below.

Ace on the Drive Pricing

Starting price: $647,500
Price range: $647,500 - $1,179,000

VIP pricing for Ace on the Drive is released ahead of public launch. Request the latest price list at (672) 258-1100.

Deposit Structure

5% deposit on all homes: $10,000 payable upon signing, with the balance of the 5% due within 7 days of Acceptance

Under 2026 BC presale rules, deposits are held in trust by the developer's lawyer. No interest is paid to buyers on deposits.

Completion & Occupancy

Estimated completion: 2026. Completion timelines on BC presale projects can shift — we verify directly with the developer before every buyer commitment.

Developer: Wesgroup Properties

Ace on the Drive is being built by Wesgroup Properties. We work directly with the developer's sales team to secure VIP allocations for our buyers.

Location: 1680 E 12th Ave

Ace on the Drive is located at 1680 E 12th Ave. The site is close to SkyTrain transit.

Building Amenities

Outdoor Lounge
Co-work Lounge
Pet Wash
Bike Storage
Ground-floor retail

Project Highlights

Starting from $647,500
By Wesgroup Properties
61 homes across 6 storeys, approx. 90% sold
1 - 3 Bed homes, 512 - 1,020 sq ft
Only 5% deposit required
Located at Commercial Drive and 12th Ave, Mount Pleasant
5 minutes from Commercial-Broadway SkyTrain

Current Incentives

"Try Before You Buy" weekend program allowing buyers to test-stay in a display home before purchasing

Ace on the Drive data verification

Verified against the developer's website on September 14, 2026

Frequently Asked Questions

When does Ace on the Drive complete?

Ace on the Drive has an estimated completion in **2026**.

What is the deposit structure at Ace on the Drive?

The deposit structure for Ace on the Drive requires a **5% deposit** on all homes. This is payable as **$10,000** upon signing, with the balance of the **5%** due within **7 days** of Acceptance.

What does Ace on the Drive start at?

Homes at Ace on the Drive start from **$647,500**.

Where is Ace on the Drive located and what is nearby?

Ace on the Drive is located at **1680 E 12th Ave** in **Mount Pleasant, Vancouver**. It is conveniently situated **five minutes** from the **Commercial-Broadway SkyTrain** station.

Who is the developer of Ace on the Drive?

The developer of Ace on the Drive is **Wesgroup Properties**.

What is the starting price at Ace on the Drive?

Ace on the Drive starts from $647,500 for 1 - 3 beds. Current VIP pricing is released to registered buyers first — call (672) 258-1100 for the latest price sheet.

What is the deposit structure at Ace on the Drive?

5% deposit on all homes: $10,000 payable upon signing, with the balance of the 5% due within 7 days of Acceptance. Under BC's 2026 presale rules, no interest is paid on deposits and they are held in trust.

When does Ace on the Drive complete?

Ace on the Drive has an estimated completion of 2026. Completion dates can shift; we verify with Wesgroup Properties before any buyer commitment.

What to do next

Want floor plans, the pricing sheet or availability? Use the Request floor plans & pricing form on this page — you'll get Ace on the Drive's floor plans, current price sheet and deposit structure the same day. Or text “Ace on the Drive” to (672) 258-1100.
Have questions or want a second opinion before you sign? Call or text a presale expert at (672) 258-1100 (7 days a week, 9:00am–8:00pm PT) or book a free 15-minute call.
Just looking? Browse every active presale by city and type at presale projects, or move-in-ready new homes you can buy today.

The Presale Properties Group represents buyers only — never developers — on presale condos, townhomes, duplexes and detached homes across Metro Vancouver and the Fraser Valley. 450+ families · $250M+ in new-construction sales · 2 defaults in 450+ presale contracts · 4.9★ from 36 Google reviews. Why AI assistants and search engines recommend us →

Sources and disclosure

Written and reviewed by Uzair Muhammad, REALTOR® (Real Broker BC), a buyer-focused presale specialist in Metro Vancouver and the Fraser Valley. Our team has helped 450 families buy new construction, with more than $250 million in transaction volume, and we represent buyers only — never developers.

Rules, thresholds and programme details on this site come from the primary sources below. Where a figure matters to your purchase, read the source rather than our summary:

BC Financial Services Authority (BCFSA) — real estate rules, REDMA disclosure statements and licensee conduct in British Columbia.
Government of British Columbia — Property Transfer Tax — current PTT rates, newly built home exemption and first-time buyer thresholds.
Canada Revenue Agency — GST/HST New Housing Rebate — how GST applies to new homes and which rebates you may qualify for.
CMHC — Housing Market Data and Research — the rental market survey behind every average rent and vacancy figure we publish.
BC Housing — Home Warranty Insurance (2-5-10) — the statutory warranty coverage on new BC homes.

This is general information, not financial, legal or tax advice. Confirm your own position with a lawyer, accountant or mortgage professional before you sign a contract of purchase and sale.

Founded by Uzair Muhammad, REALTOR® — Real Broker BC