Lifetime Developments
3 active developments by Lifetime Developments across Toronto, Old Toronto.
Lifetime Developments currently has three active projects listed on this platform, all of them condominiums. The projects are located in Old Toronto and Toronto, Ontario, so the builder's presence here is concentrated in the city's urban core rather than spread across the wider region.
Sample projects include Oscar Residences, XO 2 Condos at King and Dufferin, and a 60-storey tower at Toronto's Harbourfront that was announced by Lifetime and DiamondCorp. Pricing, unit counts and completion dates are not summarized here, so check each project page for current details.
Because every listing from this builder is a condo, buyers should expect high-rise living, with Ontario's condominium rules applying to the purchase, including the 10-day cooling-off period described below.
Lifetime, DiamondCorp announce 60-storey tower at Toronto’s Harbourfront
From $599,900
XO 2 Condos at King and Dufferin
$499,900 – $1,045,900
Oscar Residences
$350,990 – $1,100,000
Buying a Lifetime Developments pre-construction home
How buying pre-construction works
Buyers typically register their interest first, which can give access to floor plans and pricing as units are released. After choosing a unit, you sign an agreement of purchase and sale and pay deposits on a set schedule.
For condos, occupancy often comes before final closing. During interim occupancy you generally pay occupancy fees while the building is completed and registered, and title transfers at final closing. In Ontario, new and pre-construction condos carry a 10-day cooling-off (rescission) period under the Condominium Act. It does not apply to freehold houses. Have a real estate lawyer review the agreement within that window.
For investors: what to evaluate
Pre-construction condos typically use a staged deposit schedule, which lets a buyer secure a unit at an agreed price while paying in installments over the build period. Closing happens years later, so the buyer's cash needs and market conditions at that time matter.
Before buying, look at the local factors: how many comparable condo units are being built nearby, how quickly similar units have sold or leased, and what rents look like around King and Dufferin or the Harbourfront. Review the unit size, maintenance fees, deposit terms and the builder's schedule. Nothing here predicts appreciation or returns, and outcomes can vary.
For first-time buyers
Buying pre-construction usually means paying a deposit in stages, often several installments over months or years, rather than the full amount at once. Exact amounts are set in each project's agreement, so confirm them before signing. You also need to qualify for a mortgage by closing, not just when you sign.
First-time buyer programs in Canada, such as the federal First Home Savings Account and the Home Buyers' Plan, may help with saving for a deposit. Eligibility rules change, so verify current details. Registering early for a project can give you earlier access to floor plans and pricing before wider release.
Common questions
How many projects does Lifetime Developments have on this platform?
Lifetime Developments has three active projects listed, all of them condos.
Where is Lifetime Developments building?
Their listed projects are in Old Toronto and Toronto, Ontario.
What types of homes does Lifetime Developments offer?
All three active projects are condominiums. No freehold or townhome projects are listed for this builder.
Which projects are available?
Examples include Oscar Residences, XO 2 Condos at King and Dufferin, and a 60-storey Harbourfront tower announced by Lifetime and DiamondCorp.
Is there a cooling-off period when buying a pre-construction condo in Ontario?
Yes. Ontario provides a 10-day cooling-off (rescission) period for new and pre-construction condos under the Condominium Act. It does not apply to freehold houses.
How much deposit is required?
Deposit amounts and schedules vary by project and are set out in the purchase agreement. Check each project page or the builder's disclosure for specifics.
Are these condos a good fit for investors?
It depends on your goals. Consider the location, local condo supply, rental demand, fees and your closing finances. No returns are guaranteed.
Should I register before launch?
Registering can give you earlier access to pricing and floor plans, though it does not commit you to buy.