THE HOME JOURNAL
Good questions.
Considered decisions.
Understand the details behind a pre-construction purchase. A collection of useful reading for the questions that come before the keys.
Pre-construction deposit structures in Ontario, explained
How pre-construction deposits work in Ontario: typical 5%-per-stage schedules, extended deposit structures, where your money is held, and how Tarion protects it.
Read the guide Buying basics · 7 MIN READPre-construction closing costs in Ontario: the complete list
Every closing cost on a pre-construction purchase in Ontario: land transfer tax, development charge caps, HST treatment, interim occupancy fees, legal fees and more.
Read the guide Investing · 6 MIN READAssignment sales: how to buy or sell a pre-construction contract
What an assignment sale is, when assignments are allowed, builder consent and fees, HST and tax treatment, and the risks for buyers and sellers in Ontario.
Read the guide Buying basics · 5 MIN READInterim occupancy vs final closing: what condo buyers should expect
The two-stage condo closing in Ontario: what happens at interim occupancy, what phantom rent covers, when title transfers, and how to prepare for final closing.
Read the guideEducational reading. Rules and project terms can change; confirm the details with your lawyer, lender and the builder.