Pre-construction Discussions, Offers & Promotions

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  • 2023 Pre-Construction Condo

    Centricity - 2023 Occupancy: Estimated 2027 Estimated SQF - $1520ish / sqf. Location: 241 Church Street, Toronto Condo Suite Types: Studio, Jr. 1B, 1B, 1B+D, 2B, 2B+D, 3B, 3B+D Architect: Turner Fleischer Architects Inc. Interior Designer: Design Agency 1) Pricing_page-0001.jpg 7) Floorplate_page-00...

    • jenneth
    • Jan 3rd, 2023 12:44 pm
    • Forum: Real Estate

  • Current Lawyer's fees in GTA for upcoming pre-construction townhouse closing

    Hi All, I bought a pre-construction townhouse in Durham area that is expected to closing in March 2023. I've reviewed all the RFD threads on closing fees/lawyer's recommendations and was hoping to get some opinions on a recent quote ...

    • ken007
    • Sep 18th, 2022 5:48 pm
    • Forum: Real Estate

  • Pre-construction mortgage approval transfer

    Hi fellow RFD'ers, I have been pre-approved for preconstruction mortgage due for delivery next year. Since it has been delayed till next year I was in contact with the mortgage specialist when she asked whether there was any delays. I replied but did not get any reply through email as to what to do ...

    • punvin
    • Sep 13th, 2022 9:03 am
    • Forum: Real Estate

  • Capital gains for pre-construction condo

    Hi guys, If I purchased a pre-construction condo a few years back, and once it's ready, I rent it out immediately, and have no plans on moving in, or declaring it as primary residence, do I still have to pay capital gain tax on the difference ...

    • chrislee42
    • Aug 15th, 2022 9:36 pm
    • Forum: Real Estate

  • National Homes Three-Rivers Pre-Construction Project

    ... that might have bought from this builder before, please share details and any feedback on this builder. National Homes Here is the reference to pre-construction project I am talking about: https://www.buzzbuzzhome.com/ca/three-rivers1

    • pcmania
    • Jul 25th, 2022 12:11 pm
    • Forum: Real Estate

  • Capital gains tax on pre-construction home sale

    FTHB here. Let's say I've bought a pre-con semi recently and start living in it. Do we have to pay capital gains tax if we sell it sooner than a year? What if we sell it right after closing on it?

    • muscan
    • Jul 24th, 2022 9:01 pm
    • Forum: Real Estate

  • Pre-Construction Condo Investing 1988 – True Story

    In 1988 I was corralled by a work friend to visit a condo sales trailer in the suburbs. GTA RE market was on fire in 1988 and was as crazy as they are today and FOMO was definitely in the air. My friend who was older advised me to buy anything I could afford, as otherwise I will be priced out foreve...

    • rfduser123
    • May 2nd, 2022 9:17 pm
    • Forum: Real Estate

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  • Pre-Construction Townhouses

    Hi,Are there any good pre construction townhouses projects coming around the GTA?Looking for investment opportunities.Thanks!

    • awaisuk
    • Dec 19th, 2021 2:22 am
    • Forum: Real Estate

  • Steps on purchasing a Pre-Construction Home

    Hi all, Hi, I have been looking towards a particular pre-construction new build home and I am a first time home buyer. I was wondering if someone could please explain the steps in purchasing a new build home. Do I submit a worksheet? Is it first come ...

  • Primary Residence Exemption on Pre-construction Condo

    Hi all, Here's my situation: I currently do not own 'any' home and am renting. I booked a pre-construction condo on 2018, which should have been completed in 2020 but it's been postponed over and over again. At the current rate, I don't believe it will be completed until ...

    • Arrowhead
    • Nov 14th, 2021 7:02 pm
    • Forum: Real Estate

  • Best Website To Check out Pre-Construction Houses in GTA ?

    Hi,Can you guys provide me any webiste which has organized list of all pre-construction *Houses* (detached, semi, town) in GTA ?I am more interested in Houses than condo.Thanks!

    • GujjuCanuck
    • Nov 14th, 2021 12:42 am
    • Forum: Real Estate

  • builder upgrades on pre-construction house

    Hi All, We are buying a preconstruction house closing in early 2023. It was a tumultuous market but still decided to buy... only time will tell. We are considering the following upgrades below. Any experience with what upgrades we should go with the builder and what we should avoid. Obviously cost w...

    • cybersitter
    • Oct 31st, 2021 12:21 pm
    • Forum: Real Estate

  • Calgary investing in pre-construction

    Came across a lot of these Truman homes near airport in Calgary https://drive.google.com/drive/folders/1182pBUo_0TnuvTWtcSIzcbDJw385atP_?usp=sharing $429 - $439 3 bed freehold (previous 6 months ago $389k) My concern is resale freehold townhouse are going for 300-350k yet builders asking for 420+ Co...

    • afshaikh
    • Oct 23rd, 2021 2:32 pm
    • Forum: Real Estate

  • Pre-construction Detached home: Pros and Cons

    Hello, I was hoping to tap into the community to gain some insights on what to look for before reserving a pre-construction detached house in Greater Vancouver Area (specifically Langley). I've never invested in pre-construction before so any information will be useful and very ...

    • lookatami
    • Oct 4th, 2021 1:52 pm
    • Forum: Real Estate

  • Pre-construction semi/detached construction timeline

    For pre-con semis and detached that are closing June 2022, how soon would the construction need to start to make that closing date? I'm wondering if there are any early signs to know that my closing date is going to be delayed to the 2nd one..

    • muscan
    • Sep 18th, 2021 11:47 am
    • Forum: Real Estate

  • Identifying VIP/Platinum Realtors for Pre-Construction Projects

    ... and get some insight from many of you here since it seems a lot of you are in the industry. How do you suggest those looking to invest/purchase Pre-Construction "find" these VIP/Platinum agents? I've noticed more and more that it seems like everyone is a VIP/Platinum agent whereas ...

    • ambrokeyo
    • Sep 3rd, 2021 10:00 am
    • Forum: Real Estate

  • What are Closing Costs of pre-construction condo?

    Hi everyone, So i booked a pre-construction condo in Concord back in 2019. I received an email that it will be ready for interim occupancy July next year Could someone provide a breakdown of how much extra costs I’m looking at. Im planning ...

    • ilostmyid
    • Aug 23rd, 2021 10:56 pm
    • Forum: Real Estate

  • Just closed on a pre-construction condo, and my fees were...

    Purchase Price: 639,900. Total additional money paid to take title of the property: 39,519, or approximately 6.2% of the purchase price. This includes legal charges for interim closing paperwork, and a bit over one month of interim occupancy charges. Not included is the $24k in HST that I need to ge...

    • raxen
    • Aug 4th, 2021 4:26 pm
    • Forum: Real Estate

  • Property Tax for pre-construction - Is it based on purchase price

    Hi,Is the property tax for pre-construction based on the purchase price (including upgrades) or is it based on MPAC's assesment? How close will be MPAC's assesement to the purchase price?Thanks

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