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Condos, lofts & presale · Downtown Toronto

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Presale condos, without the guesswork

Early access to new launches, an honest view of every developer, and a plain-language guide from first deposit to final closing.

How it works

From launch to keys

A presale purchase can take three to five years from signing to final closing. Here's what happens along the way.

  1. 01

    Launch and selection

    We review floor plans, pricing and the developer's track record, and help you secure the right suite early.

  2. 02

    Sign and cool off

    Ontario gives you a 10-day cooling-off period on new condos. Your lawyer reviews the agreement during that time.

  3. 03

    Deposits over time

    Deposits are usually paid in instalments, often 15% to 20% in total, and held in trust.

  4. 04

    Construction

    We keep you posted on milestones, tentative and firm occupancy dates, and your options if plans change.

  5. 05

    Interim occupancy

    You can move in before the building is registered, paying a monthly occupancy fee until final closing.

  6. 06

    Final closing

    Once the building is registered, your mortgage funds, title transfers and your Tarion warranty clock is running.

Example deposit structure

How deposits usually add up

Every project is different. This example shows a common structure for a $700,000 suite.

On signing
$5,000
Within 30 days
Balance to 5% ($30,000)
In 120 days
5% ($35,000)
In 365 days
5% ($35,000)
On occupancy
5% ($35,000)
Total before closing
20% ($140,000)

What we check

Before you sign anything

Developer track record

Past delays, build quality and how they treated buyers.

Closing cost caps

Development charges and levies can add thousands unless they're capped.

Assignment rights

Whether you can sell your contract before closing, and at what cost.

Price per square foot

How the price compares to finished buildings nearby.

Presale alerts

Hear about new launches first

Tell us what you're looking for and we'll send you early access to new projects that fit, with our honest take on each one.

Join the presale list

Areas of interest

Buying, selling or just curious?

Let's talk.

Tell us what you're looking for and we'll send you honest numbers, the buildings worth seeing and a plan that fits. No pressure, no obligation.