Novella

Greenpark Group is one of Ontario's most established homebuilders, with more than 55 years of experience and over 82,000 homes built across the province. Novella is one of its newest Mississauga communities.

Buying pre-construction in Ontario usually starts with registering for a project, which puts you in line for first access to pricing, floor plans, and early release phases. Because interest often outpaces the number of homes in each release, registering early can matter when it comes to choosing a lot or layout.

For freehold homes like those at Novella, purchases are typically secured with a deposit paid in staged instalments over time, rather than all at once. The exact deposit structure is set by the builder and confirmed in your agreement. Note that the 10-day cooling-off period under Ontario's Condominium Act applies to new condominiums, not to freehold detached homes.

With a firm closing rather than interim occupancy, freehold buyers generally take possession and title when the home is complete. Buying early in a release can give you more selection and time to prepare financing, though final terms, dates, and figures are always confirmed directly with Greenpark Group.