Pre-Construction Buying Process in Canada: A Step-by-Step Guide

Purchasing a pre-construction property can be an exciting and rewarding investment, but the process can also be complex and overwhelming. It is essential to understand the steps involved and what to expect before making a commitment. In Canada, the pre-construction buying process typically involves several stages, from researching potential properties to closing the sale. In this article, we will explore each step of the pre-construction buying process in Canada, providing you with a comprehensive guide to making the most informed decision.Discover the process of buying a new-build or pre-construction house – click here!

Step 1: Research

The first step in the pre-construction buying process is to research potential properties. With many new developments popping up across Canada, it is crucial to find a project that meets your needs and budget. Start by identifying the region or city you would like to live in, and research the various developments available. Some of the factors you should consider include:

  • Location: The location of the development is an important consideration. Consider factors such as proximity to work, public transportation, schools, and amenities.
  • Developer reputation: Research the developer behind the project to ensure they have a good reputation in the industry. Look for reviews from previous buyers and check if they have any legal issues or complaints against them.
  • Price: Price is a critical consideration in any real estate transaction. Research the prices of similar units in the area and compare them to the project you are interested in.

Step 2: Choose a Project

After researching potential properties, the next step is to choose a project that meets your needs and budget. You should consider the following factors when making your decision:

  • Amenities: Different projects offer different amenities. Consider the amenities that are essential to you, such as a gym, pool, parking, or storage.
  • Layout: The layout of the unit is also an important consideration. Consider the size, number of bedrooms, and any other features that are important to you.
  • Developer incentives: Developers often offer incentives to attract buyers, such as discounts or free upgrades. Consider these incentives when making your decision.

Step 3: Review the Purchase Agreement

Once you have chosen a project, the next step is to review the purchase agreement. The purchase agreement is a legally binding contract that outlines the terms and conditions of the purchase. It is essential to review this document carefully and consult with a real estate lawyer if necessary. Some of the critical details to review in the purchase agreement include: Click here to learn more about the Agreement of Purchase and Sale in Canada.

  • Price and payment terms: Review the purchase price of the unit and the payment terms, including the deposit amount and the balance payment schedule.
  • Occupancy date: The occupancy date is the date when you can move into the unit. It is important to review this date and understand what happens if the developer misses this deadline.
  • Closing costs: Closing costs are additional costs associated with the purchase of a property, such as land transfer taxes, legal fees, and utility setup fees. Review the closing costs outlined in the purchase agreement and ensure that you understand these costs.

Step 4: Submit a Deposit

After reviewing and signing the purchase agreement, the next step is to submit a deposit. The deposit is typically a percentage of the purchase price and can range from 5% to 20%. The deposit is usually held in a trust account until the project is completed. If you decide to back out of the purchase, you may lose your deposit. here some extra details regarding Pre-Construction Condominium Deposits and Fees

Step 5: Wait for Construction to Begin

Once you have submitted your deposit, the next step is to wait for construction to begin. The timeline for construction can vary significantly depending on the project’s scope and the developer’s track record. Some developers may give you regular updates on the project’s progress, while others may not.

Step 6: Interim Occupancy

When the building is nearing completion, you may be given the option to take interim occupancy of your unit. This means you can move into the unit while the construction is still ongoing, but the building is not yet registered as a condominium with the local government. During this time, you will be required to pay an occupancy fee to the developer, which is typically equivalent to the interest on the outstanding balance of the purchase price.

It is important to note that during interim occupancy, you will not have full ownership of the unit, and you will not be able to sell or mortgage it. Additionally, the unit may not be fully complete, and there may be ongoing construction activities in the building. Interim occupancy typically lasts a few months, but it can be longer depending on the project’s size and complexity. Want to know more about interim occupancy? Click here to find out!

Step 7: Final Inspection

After the building is completed, the next step is to conduct a final inspection of the unit. This is typically done with the developer or their representative to ensure that the unit is complete and meets the standards outlined in the purchase agreement. Any deficiencies or issues identified during this inspection should be documented and addressed by the developer before the final closing.

Step 8: Final Closing

The final step in the pre-construction buying process is the final closing. This is when the sale is completed, and you take full ownership of the unit. The final closing typically takes place at a lawyer’s office, and you will be required to pay the outstanding balance of the purchase price and closing costs. You will also need to provide proof of insurance for the unit and sign various legal documents.

Comparison to Resale Properties

The pre-construction buying process differs significantly from purchasing a resale property. When buying a resale property, the process is much faster, and you can typically move in immediately after closing. However, pre-construction properties offer the advantage of being brand new, with modern features and the ability to customize the unit to your preferences. Additionally, pre-construction properties may appreciate in value over time, providing a good return on investment.

Additionally Click here for knowing Investment opportunity in 2023.


The pre-construction buying process in Canada involves several steps, from researching potential properties to final closing. It is essential to understand these steps and what to expect to make an informed decision. By considering factors such as location, developer reputation, price, amenities, layout, and incentives, you can choose a project that meets your needs and budget. It is also important to review the purchase agreement carefully, submit a deposit, and wait for construction to begin. When the building is complete, interim occupancy and final inspection are necessary before final closing. While the process can be complex and lengthy, pre-construction properties offer the advantage of being brand new, modern, and customizable, with the potential for appreciation in value over time.


  1. AMS received four comments in support of the proposed amendment to the listing for colors at section 205 mom viagra porn

  2. Hydrogen Peroxide; hydrogen peroxide is useful in the elimination of bacteria around the loose tooth cheapest cialis 20mg

  3. purchase tricor generic tricor over the counter tricor over the counter

  4. tricor oral buy tricor generic buy fenofibrate 200mg sale

  5. cialis 10mg pills tadalafil 10mg for sale viagra 25mg

  6. zaditor 1 mg cost order zaditor 1mg generic buy imipramine 75mg online cheap

  7. minoxidil without prescription ed pills that work quickly ed pills

  8. cheap precose griseofulvin pills buy fulvicin pills for sale

  9. order aspirin 75mg for sale aspirin tablet buy cheap generic imiquimod

  10. buy dipyridamole 100mg generic felodipine 5mg canada pravastatin 10mg usa

  11. buy melatonin 3 mg sale danazol ca buy danazol 100mg online

  12. buy duphaston for sale buy generic duphaston 10mg buy jardiance

  13. florinef for sale online aciphex 20mg without prescription imodium 2 mg us

  14. monograph 600mg ca buy colospa 135mg sale cilostazol 100 mg without prescription

  15. order prasugrel 10 mg without prescription chlorpromazine 50 mg ca tolterodine 1mg cost

  16. where to buy mestinon without a prescription pyridostigmine price cheap rizatriptan 10mg

  17. ferrous 100 mg drug order ascorbic acid 500 mg sotalol sale

  18. [url=]gabapentin 60 mg[/url]

  19. [url=]cheap propecia for sale[/url]

  20. [url=]ivermectin 80 mg[/url]

  21. [url=]stromectol for sale[/url]

  22. [url=]ivermectin tablets order[/url]

  23. [url=]furosemide 40 mg over the counter[/url]

  24. [url=]ventolin inhaler[/url]

  25. [url=]cheap pharmacy no prescription[/url]

  26. [url=]brand viagra uk[/url]

  27. [url=]stromectol 3 mg dosage[/url]

  28. [url=]valtrex uk over the counter[/url]

  29. [url=]metformin prices in india[/url]

  30. [url=]innopran xl generic[/url]

  31. [url=]how to order cialis online safely[/url]

  32. [url=]stromectol south africa[/url]

  33. [url=]sildenafil 20 coupon[/url]

  34. [url=]propecia 1.5 pills[/url]

  35. [url=]save on pharmacy[/url]

  36. buy enalapril 5mg for sale buy casodex 50 mg generic purchase duphalac without prescription

  37. [url=]augmentin 400 tablets[/url]

  38. [url=]cheap propecia india[/url]

  39. [url=]wellbutrin canada[/url]

  40. [url=]cialis mexico online[/url]

  41. [url=]how much is wellbutrin[/url]

  42. [url=]wellbutrin generics[/url]

  43. [url=]viagra prescription drugs[/url]

  44. [url=]cialis 60mg online[/url]

  45. [url=]canadian pharmacy generic propecia[/url]

  46. [url=]ivermectin ebay[/url]

  47. [url=]00mg metformin[/url]

  48. [url=]where can i buy brand name cialis online[/url]

  49. buy xalatan medication buy xalatan order generic exelon 6mg

  50. [url=]paxil 7.5 mg[/url]

  51. [url=]buy cialis from india[/url]

  52. [url=]tadalafil 600 mg[/url]

  53. [url=]ivermectin 3 mg[/url]

  54. [url=]where to buy ivermectin cream[/url]

  55. [url=]best generic finasteride brand[/url]

  56. [url=]price of ivermectin[/url]

  57. [url=]best generic finasteride[/url]

  58. [url=]tadalafil 75 mg[/url]

  59. [url=]amoxicillin 500mg capsule generic[/url]

  60. [url=]cost of valtrex in india[/url]

  61. [url=]ivermectin uk[/url]

  62. order betahistine 16mg online cheap buy generic zovirax benemid pills

  63. [url=]albuterol price in uk[/url]

  64. [url=]2.5 mg cialis online[/url]

  65. [url=]sildenafil 100mg tablets[/url]

  66. [url=]generic triamterene[/url]

  67. [url=]diflucan otc uk[/url]

  68. [url=]3 mg prednisolone pill[/url]

  69. [url=]cheapest genuine cialis online[/url]

  70. [url=]buy cheap levaquin[/url]

  71. [url=]stromectol 12mg online[/url]

  72. [url=]valtrex rx[/url]

  73. [url=]lasix 0.5 mg[/url]

  74. [url=]wellbutrin order online[/url]

  75. [url=]propecia online canada pharmacy[/url]

  76. premarin generic sildenafil professional order sildenafil 50mg generic

  77. [url=]cheapest propecia for sale[/url]

  78. [url=]buy ivermectin canada[/url]

  79. order omeprazole 20mg generic singulair uk lopressor order online

  80. [url=]stromectol australia[/url]

  81. [url=]generic cialis 2.5 mg[/url]

  82. [url=]amoxicillin trihydrate[/url]

  83. [url=]azithromycin prices india[/url]

  84. [url=]zoloft buy[/url]

  85. [url=]purchase levaquin[/url]

  86. [url=]pharmacy in canada for viagra[/url]

  87. [url=]buy viagra online in us[/url]

  88. [url=]doxycycline hyclate 100mg price[/url]

  89. [url=]promo code for canadian pharmacy meds[/url]

  90. [url=]augmentin 650 mg price[/url]

  91. tadalafil 20mg for sale sildenafil pill sildenafil 25mg for sale

  92. [url=]cephalexin 500mg online[/url]

  93. [url=]flomax prices[/url]

  94. [url=]can you buy furosemide over the counter[/url]

  95. [url=]cheap generic propecia online[/url]

  96. [url=]buy furosemide 20 mg[/url]

  97. telmisartan us purchase plaquenil sale buy molnupiravir 200 mg pills

  98. [url=]lasix generic[/url]

  99. [url=]flomax australia[/url]

  100. [url=]zoloft for sale australia[/url]

  101. [url=]legal online pharmacies in the us[/url]

  102. [url=]buy clomid online usa[/url]

  103. [url=]dexamethasone discount[/url]

  104. [url=]ivermectin 0.1 uk[/url]

  105. [url=]buy prednisolone 5mg tabs[/url]

  106. cenforce 50mg over the counter chloroquine 250mg cost chloroquine canada

  107. [url=]pharmacy com canada[/url]

  108. [url=]predisolone online[/url]

  109. [url=]online pharmacy group[/url]

  110. [url=]clomid for sale[/url]

  111. [url=]furosemide uk brand name[/url]

  112. [url=]dexamethasone tablets australia[/url]

  113. [url=]stromectol 3mg cost[/url]

  114. [url=]cheap prednisolone tablets[/url]

  115. [url=]zithromax rx[/url]

  116. [url=]zithromax 500mg cost[/url]

  117. [url=]vip medications buy lasix without prescription[/url]

  118. [url=]augmentin tablet online[/url]

  119. [url=]buy generic propecia online cheap[/url]

  120. [url=]legitimate mexican pharmacy online[/url]

  121. modafinil 200mg without prescription promethazine drug buy prednisone online cheap

  122. [url=]azithromycin zithromax[/url]

  123. [url=]lasix 120 mg[/url]

  124. [url=]finasteride 5mg tablets[/url]

  125. [url=]order azithromycin[/url]

  126. [url=]buy prednisolone 5mg without prescription uk[/url]

  127. [url=]zovirax cream 5[/url]

  128. [url=]order doxycycline no prescription[/url]

  129. [url=]stromectol generic[/url]

  130. [url=]ivermectin price comparison[/url]

  131. [url=]buy propecia singapore[/url]

  132. [url=]dexamethasone cost usa[/url]

  133. cefdinir 300mg pill cefdinir 300 mg for sale prevacid 30mg cheap

  134. [url=]stromectol tab 3mg[/url]

  135. [url=]buy malegra[/url]

  136. [url=]where to buy accutane usa[/url]

  137. [url=]tamoxifen without prescription[/url]

  138. [url=]minocycline 75 mg tablet[/url]

  139. [url=]dexamethasone 1.5 tablet[/url]

  140. [url=]can you buy chloromycetin over the counter[/url]

  141. [url=]where can i get clomid online in australia[/url]

  142. [url=]finasteride price[/url]

  143. [url=]acyclovir cream online[/url]

  144. [url=]lyrica pills 75 mg[/url]

  145. buy isotretinoin generic buy azithromycin without prescription brand azithromycin 500mg

  146. [url=]cheap clomid pills[/url]

  147. [url=]lipitor 10mg[/url]

  148. [url=]otc dexamethasone[/url]

  149. [url=]buy viagra soft online[/url]

  150. [url=]cefadroxil 500 mg generic[/url]

  151. [url=]metformin 397 pill[/url]

  152. [url=]dexamethasone price[/url]

  153. [url=]200mg sildenafil soft gel capsule[/url]

  154. [url=]legal online pharmacy[/url]

  155. [url=]lasix price[/url]

  156. brand azipro 250mg neurontin over the counter how to buy gabapentin

  157. [url=]pharmacy discount card[/url]

  158. [url=]advair diskus 250 50[/url]

  159. [url=]suprax 200 mg capsule[/url]

  160. [url=]legitimate online pharmacy[/url]

  161. oral atorvastatin 80mg order generic proventil 100 mcg norvasc 10mg pill

  162. [url=]where to get cialis cheap[/url]

  163. [url=]omnicef suspension[/url]

  164. [url=]generic silagra[/url]

  165. [url=]how to get generic viagra online[/url]

  166. [url=]vantin 200[/url]

  167. [url=]cefadroxil 500mg[/url]

  168. [url=]cheap albuterol[/url]

  169. [url=]best online foreign pharmacies[/url]

  170. [url=]retino 05[/url]

  171. [url=]260 seroquel[/url]

  172. [url=]metformin 500mg tablets[/url]

  173. I got this web page from my friend who told me about this web site and at the moment
    this time I am browsing this web site and reading very informative content at this place.

  174. [url=]synthroid 0.137[/url]

  175. [url=]online pharmacy birth control pills[/url]

  176. [url=]online valtrex prescription[/url]

  177. [url=]fluoxetine otc[/url]

  178. [url=]buy baclofen online australia[/url]

  179. [url=]doxycycline 250 mg tabs[/url]

  180. online casino poker online games lasix 40mg for sale

  181. [url=]buy trental online[/url]

  182. [url=]how much is prednisone 20 mg[/url]

  183. [url=]wellbutrin[/url]

  184. [url=]albuterol tablets online pharmacy[/url]

  185. [url=]buy clomid online without prescription[/url]

  186. [url=]plaquenil 800 mg[/url]

  187. [url=]anafranil 25mg[/url]

  188. [url=]propecia price comparison[/url]

  189. [url=]propecia finasteride[/url]

  190. order protonix pills order zestril 10mg sale oral phenazopyridine

  191. [url=]cafegot[/url]

  192. [url=]trazodone uk prescription[/url]

  193. [url=]prednisolone online pharmacy uk[/url]

  194. [url=]ivermectin price comparison[/url]

  195. [url=]cheapest sildenafil india[/url]

  196. online money poker acticlate generic ventolin inhalator uk

  197. [url=]generic for strattera[/url]

  198. [url=]generic for synthroid[/url]

  199. [url=]tadacip 20 online[/url]

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Coming Soon