Kagyu Monastery

Buying pre-construction begins with registering for first access, which puts you in line to receive project details, pricing, and floor plans as each release is announced. Buying early in a release can matter because the earliest phases sometimes offer the widest selection of layouts and pricing before subsequent releases.

In Ontario, deposits on pre-construction homes are typically staged over time rather than paid all at once, with instalments due at signing and at set intervals. Purchases usually involve a period of interim occupancy — where you may take possession and pay occupancy fees before the building is registered — followed by final closing once title transfers. Exact deposit structures and timing for this project will be confirmed by the builder.

For new condominium purchases in Ontario, buyers are protected by a 10-day cooling-off period under the Condominium Act, during which you may review your agreement and disclosure documents and cancel if you choose. Always review the specifics of any agreement with your own advisors.