Townhomes at Crosstown

Buying a new freehold townhome early in a release often means more choice of lots and floor plans. The process typically starts by registering for first access, followed by signing an agreement of purchase and sale when a home is reserved, with a deposit generally paid in staged instalments over time. Exact deposit structures for Townhomes at Crosstown will be confirmed by Aspen Ridge Homes.

For new-build townhomes, buyers move toward a final closing when the home is ready, rather than the interim occupancy period that typically applies to condominiums. It's worth reviewing your purchase agreement carefully and understanding what your common-element fee covers.

Note that the 10-day cooling-off period under Ontario's Condominium Act applies to new condominium units, not to freehold townhomes; buyers of freehold homes should discuss their rights and options with a lawyer before signing.