Lormel Homes
5 active developments by Lormel Homes across Innisfil (Lefroy), Innisfil, Vaughan, Etobicoke.
Lormel Homes currently has three active new-construction projects listed on the platform, spread across Toronto, Etobicoke, and Innisfil (Lefroy). The lineup includes two condo projects, Kazmir Toronto and Kazmir Condos, along with one single-family freehold community, Carson's Creek.
This mix gives buyers a choice between urban condo living in the Toronto area and lower-density freehold housing in Innisfil, a growing community north of the GTA along Lake Simcoe. Each project type comes with different ownership structures and buyer protections, which are worth understanding before signing an agreement of purchase and sale.
Buyers considering a Lormel Homes project should review the specific floor plans, pricing, and closing structure for each development, since condo and freehold purchases differ in deposit timing, occupancy structure, and cancellation rights under Ontario law.
Carson's Creek
Carson'S Creek Innisfil
From $1,073,990
Balmoral Estates Vaughan
Trails of Carson's Creek
From $1,073,990
Kazmir Condos
From $499,990
Buying a Lormel Homes pre-construction home
How buying pre-construction works
Buying pre-construction from Lormel Homes typically begins with registering interest in a specific project, followed by an appointment to review floor plans, pricing, and the agreement of purchase and sale. Deposits are usually staged over several payments during the construction period rather than paid in full upfront, with the exact schedule set out in each project's purchase agreement.
For the condo projects, Kazmir Toronto and Kazmir Condos, Ontario's Condominium Act gives buyers a 10-day cooling-off (rescission) period after signing, during which the purchase can be cancelled. This protection does not apply to Carson's Creek, the freehold single-family project in Innisfil, since it is not a condo. Condo buyers should also understand the difference between interim occupancy, when they can move in before the condo corporation is registered, and final closing, which occurs after registration.
For investors: what to evaluate
Pre-construction purchases let a buyer secure a unit or lot today with a deposit paid in stages over the construction period, rather than financing the full purchase price upfront. For Lormel Homes' current projects, this means weighing a Toronto or Etobicoke condo against a freehold home in Innisfil, each with different rental demand profiles, carrying costs, and closing timelines.
Before buying, investors should look at local supply and absorption rates in each submarket, rental demand for the specific home type, and the total cost of carrying the property from deposit through closing. Past pricing or demand in a given area is not a guarantee of future performance, and each project's agreement of purchase and sale should be reviewed for deposit structure, occupancy terms, and any assignment restrictions.
For first-time buyers
Buying a pre-construction home from Lormel Homes starts with a deposit that is smaller than a typical resale down payment but is paid in stages rather than all at once. Ontario buyers of new homes may be eligible for programs such as the federal First-Time Home Buyer incentives or provincial land transfer tax rebates, though eligibility and amounts depend on individual circumstances and should be confirmed with a lawyer or accountant rather than assumed.
Registering early for a Lormel Homes project such as Kazmir Toronto, Kazmir Condos, or Carson's Creek generally gives buyers earlier access to floor plans and pricing before a project moves to general public sale, which can matter in projects with limited unit or lot counts.
Common questions
What projects does Lormel Homes currently have in Ontario?
Lormel Homes has three active projects on the platform: Kazmir Toronto and Kazmir Condos (both condo developments), and Carson's Creek, a single-family home community in Innisfil (Lefroy). Together these span Toronto, Etobicoke, and Innisfil.
Does Lormel Homes build condos or single-family homes?
Both. Their current lineup includes two condo projects (Kazmir Toronto and Kazmir Condos) and one single-family project (Carson's Creek in Innisfil's Lefroy area).
Is there a cooling-off period if I buy a Lormel Homes condo?
Yes. Under Ontario's Condominium Act, purchasers of new condo units get a 10-day cooling-off (rescission) period after signing the agreement of purchase and sale. This applies to Kazmir Toronto and Kazmir Condos. It does not apply to freehold houses like Carson's Creek.
Is Carson's Creek a condo or a house?
Carson's Creek is a single-family freehold home project located in Lefroy, within the Town of Innisfil. As a freehold property, it is not subject to the condo cooling-off period.
Which cities is Lormel Homes active in?
Lormel Homes currently has projects in Toronto, Etobicoke, and Innisfil (Lefroy), covering both urban condo product and a lower-density freehold community north of the GTA.
How much deposit is typically required when buying pre-construction from Lormel Homes?
Deposit structures vary by project and are set out in each agreement of purchase and sale, typically staged over the construction period. Buyers should confirm the specific deposit schedule directly in the purchase documents for Kazmir Toronto, Kazmir Condos, or Carson's Creek.
Is buying from Lormel Homes a good option for investors?
Lormel Homes offers a mix of condo and freehold product across Toronto, Etobicoke, and Innisfil, which gives investors some choice between urban rental demand and lower-density growth areas. As with any pre-construction purchase, investors should evaluate local supply, rental demand, and closing timelines before committing.
What's the difference between interim occupancy and final closing for Lormel Homes condos?
For condo projects like Kazmir Toronto and Kazmir Condos, buyers typically move in during an interim occupancy period before the condo corporation is registered, with final closing occurring after registration. Carson's Creek, as a freehold home, follows a single closing rather than this two-stage process.