Pre-Construction Advice
Straight answers on deposits, closing costs, assignments, HST and everything else that comes with buying pre-construction in Canada.
When Will The Pre-Construction Market Bounce Back Up?
The Greater Toronto Area’s (GTA) pre-construction market, especially condominiums, has seen better days. 2020 to mid 2023 were some of the…
August 22, 2025
Is It Worth Buying Pre-Construction Properties in Another Province?
If home prices in Ontario keep climbing while your paycheque doesn’t, you’re not alone in looking for options elsewhere. But what if you…
March 26, 2025
Top 6 Pre-Construction Condo Projects in GTA in 2025
As always, the Greater Toronto Area has some of the finest pre-construction condo projects from across Canada. Condos offer convenience,…
January 10, 2025
Can You Negotiate Upgrades on a Pre-Construction Home?
You find a pre-construction property you love. The location’s perfect, great communities, even better amenities. But the interiors aren’t…
December 28, 2024
Guide 101: Tarion Warranty on New Homes
One of the biggest perks of buying a new construction condo or property in Ontario is Tarion Warranty. It is a government-backed program…
December 17, 2024
What If You Miss a Pre-Construction Deposit Payment?
We’ve all seen tough days, so we understand how worried you are right now. You are at a point where you could be losing the full deposit…
November 16, 2024
First-Time Home Buyers Can Apply For A 30-Year Mortgage
For first-time home buyers, entering the housing market can feel like an impossible dream. Rising interest rates, sky high property…
November 12, 2024
What Does ‘Right to Lease During Interim Occupancy’ Mean?
If you’re about to purchase your first pre-construction condo in Ontario, you’ve come to the right place.Most buyers overlook the…
October 23, 2024
Guide 101: Land Transfer on Pre-Construction Properties
For many buyers, pre-construction homes offer a clear path into homeownership. You lock in today’s price, customize finishes, and plan…
October 18, 2024
Does Deflation Mean Better Deals on Pre-Construction Properties?
You’ve probably noticed more ads popping up about pre-construction homes lately, hinting at lower prices and promising “better deals.”…
September 30, 2024
Interest Rates Dropping Consistently… Is It Time To Invest in Pre-Construction?
As we move through 2024, interest rates are steadily declining. Bank of Canada increased rates throughout 2022 and 2023 to control…
September 20, 2024
How Much Down Payment Do I Need For Calgary Pre-Construction?
Calgary has become an attractive choice for first-time home buyers and investors for affordable housing and lower property taxes. While…
August 31, 2024
What Happens When Your Pre-Construction Property Is Worth Less Than You Paid?
Reading ‘Your mortgage application has been denied’ is terrifying when you’re about to close on your pre-construction condo. In this…
August 27, 2024
Pre-Construction Buyer’s Guide: Essential Tips for First-Time Investors
The lack of ready to move-in resale homes, might have prompted you to look into pre-construction homes as your first investment. Let’s be…
July 29, 2024
How to Spot the Best Pre-Construction Deals Before They Hit the Market
Finding the best pre-construction deals can be a game-changer as a first time buyer or investor. Imagine securing a property at the best…
July 27, 2024
Guide 101: Occupancy Fees
You might be reading a lot about occupancy fees lately. Also known as “phantom rent,” these are payments made by buyers of…
June 28, 2024
What Are Pre-Construction Closing Costs in Canada?
Pre-construction real estate transactions work a lot differently than resale transactions. Buyers don’t take these costs into account and…
June 25, 2024
How Does Pre-Construction Mortgage Work?
Mortgages for pre-construction projects work differently than traditional resale mortgages. You don’t need to get a mortgage until the…
May 26, 2024
Why Pre-Construction Projects Outside Toronto Are A Better Investment?
As the real estate market in the GTA becomes increasingly challenging, turning to alternative locations like Barrie, St. Catharines,…
May 21, 2024
Pre-Construction Condo Vs Stacked Townhouse: Which Is The Better Option?
When it comes to finding the perfect home, the options seem endless. If you are considering buying a home at its pre-construction phase,…
May 4, 2024
Dos And Don’ts To Pre-Construction Design Selections And Upgrades
Buying a pre-construction property might be a whole new experience for you. From choosing a unit to selecting decor, it is an exciting…
April 19, 2024
12 Mistakes To Avoid While Buying A Pre-Construction Condo in GTA
In the last few months, we’ve read and watched endless horror stories of people taking big losses on pre-construction investments due to…
March 30, 2024
How Much HST Do You Pay For Pre-Construction Homes?
As buying pre-construction condos and houses becomes a norm, you might have thought – what’s the hook? One of them is HST payment. In…
March 29, 2024
What Are Builder Incentives? What Do They Mean?
Builders are the most motivated sellers in any real estate market. With several projects still waiting to be sold, builders are offering…
February 22, 2024
What Happens When A Pre-Construction Developer Fails To Complete A Project?
Pre-construction projects have always attracted buyers easily, whether it is a first-time home buyer or a seasoned investor. They offer a…
February 22, 2024
What Is An Assignment Sale?
Are you a first-time homebuyer in Canada exploring different ways to purchase a property? If so, you might have come across the term…
January 31, 2024
How To Finance A Pre-Construction Condo In GTA
When it comes to financing a pre-construction condo, the process is slightly more complex than a resale condo as payment is divided into…
January 5, 2024
What Is The Role Of A Realtor In A Pre-Construction Purchase?
Canada has a thriving pre-construction industry. Cities like Toronto, Vancouver, and Montreal are hubs for some of the most sought-after…
December 30, 2023
How To Choose A Pre-Construction Condo In GTA?
1. Do your research about current and upcoming pre-construction condo projects. 2. List down amenities you’d like. 3. Find your budget…
November 14, 2023
Final Closing
Part 5 – Final closing is here and you are almost ready to become a happy, new owner of a new property. Read this before your journey ends.
October 12, 2023
Pre-Occupancy Period
Part 4 – With your pre-construction unit almost ready to move in, the developer starts the pre-occupancy period. Read our guide to learn…
October 12, 2023
Development Levy
Part 3 – You might have to pay additional funds to cover development costs of your new neighbourhood. Learn more here.
October 12, 2023
10-day Cooling Off Period
Part 2 – Act within your rights if you feel buying a pre-construction property right now wasn’t the right choice. We go in detail how to…
October 12, 2023
Pre-Construction Safeguards
Understand your rights as a pre-construction buyer in Canada from the 10-day cooling off period to the Condominium Act.
October 12, 2023
Initial Deposit
Part 1 – You’ll learn about the amount of initial deposit you must pay to secure a unit, taxes, and your rights as a pre-construction…
October 10, 2023