Treasure Hill Homes

Buyers typically register interest, receive pricing and plans, then choose a home and sign an agreement of purchase and sale. Deposits are paid in stages over the following months. Many projects then have an occupancy or closing date once construction is complete, with the remaining balance due at final closing.

In Ontario, a 10-day cooling-off (rescission) period applies to new and pre-construction condos under the Condominium Act. It does not apply to freehold houses. Since Treasure Hill Homes' listings here are townhomes, check whether each is freehold or condo tenure, and have a real estate lawyer review the agreement.

Pre-construction purchases let a buyer secure a home now and pay the deposit in stages over the build period, with the balance due at closing. That structure ties up less cash up front than buying a finished home, but it also means you carry market and timeline risk until completion. No outcome, including appreciation or rental income, is guaranteed.

For these townhome projects, look at local factors: how much new supply is coming in Oshawa, Georgina (Keswick) and Palmetto, rental demand for townhomes in each area, and likely rents against your carrying costs. Also read the agreement of purchase and sale closely for assignment terms, closing date provisions and deposit deadlines before committing.

Deposit requirements are set by the builder and differ by project, and they are usually paid in installments instead of all at once. Confirm the schedule in each listing and make sure you will also have funds for closing costs. Ontario has well-known first-time buyer programs, such as the federal First Home Savings Account and the Home Buyers' Plan, but eligibility rules apply, so verify the current terms.

Registering early can give you first access to floor plans, pricing and unit selection before wider release. That matters most in townhome projects where the number of homes is limited.