Guildwood TOC Condos

Buying pre-construction in Ontario begins with registering for early access, which puts you in line to receive floor plans, pricing, and the chance to reserve before broader public release. In a competitive release, registering early can matter because the most sought-after layouts often move first.

Deposits on new condos are typically structured in stages over time rather than paid all at once — for example, an amount on signing followed by additional instalments tied to construction milestones. The exact structure for this project will be set by the developer and confirmed in your agreement. It's also important to understand the difference between interim occupancy — when you can move in and pay occupancy fees before the building registers — and final closing, when title transfers and your mortgage begins.

Ontario buyers of a new condominium are protected by a 10-day cooling-off period under the Condominium Act, during which you can review the disclosure statement and agreement with a lawyer and cancel without penalty. Always review all documents carefully before your rescission period ends.