Anchor Woods

Buying a pre-construction townhome typically begins with registering your interest, which puts you in line for first access to floor plans, lot selection, and pricing as they are released. Buying early in a release can matter, as the best lots and layouts often go first and pricing can change between phases.

Deposits on new freehold homes are usually structured in installments over time rather than paid all at once. The exact deposit schedule for Anchor Woods will be set out in the builder's agreement, so review those terms carefully before signing.

Note that Ontario's 10-day cooling-off period under the Condominium Act applies to new condominiums, not freehold homes like these townhomes. Because that statutory rescission right does not apply to freehold purchases, it is especially important to have a real estate lawyer review your agreement before you commit.