Considering Buying Pre-Construction? - Read this first.

Pre-construction homes and condos can be a smart long-term move — but they require more than excitement and good timing. They require clarity, legal insight, and trusted guidance.

In this short visual guide, I’ve outlined the key things every buyer should know:

What you’re really buying (hint: it’s not just square footage)

What You’re Really Buying in Pre-Construction (Hint: It’s Not Just Square Footage)

You're buying:

🔑 Time — to save more, plan better, and build equity before moving in

📍 Location — in a growing community with long-term value

📈 Potential — for appreciation, assignments, and rental income

🧘🏽‍♀️ Peace of Mind — knowing you’ve secured tomorrow’s home at today’s pricePre-construction isn’t about what’s there yet — it’s about what’s coming.

And with the right strategy, it can be your smartest move.

How deposits are structured differently

Buying pre-construction isn’t like buying resale — especially when it comes to deposits. Here's how it usually works:🔹 Initial Deposit: 5% at signing

🔹 Staged Deposits: Another 5–10% spread over 6–18 months

🔹 Final Deposit: Often due at occupancy (before final closing)This structure gives you time to plan, save, and build equity — all while locking in today’s pricing.🧠 Pro tip: Some developers offer extended deposit plans or incentives to make it even easier to get in early.

Why timelines shift — and how to plan for that

It’s one of the most common questions:

“Why is my new home delayed?”The truth? Even the best-planned builds can face setbacks due to:

🔹 Permit & zoning delays

🔹 Labour or material shortages

🔹 Weather conditions

🔹 Developer sales targets not yet met✨ But here’s the upside:

Delays often mean more time to save, adjust financing, and prepare for closing without pressure.

Pro tip: Always build in buffer time. Don’t sell your current home or give notice until occupancy is confirmed.📩 Want help navigating timelines or choosing projects with strong track records?

What legal protections exist in Ontario (Tarion Warranty) and BC (2-5-10 Warranty Program)

What Legal Protections Exist for Pre-Construction Buyers in Ontario & BC?

When you buy a new build, you're not just buying a promise — you're backed by provincial protections that keep your investment safe.

📍 Ontario – Tarion Warranty

Tarion covers:

✅ Deposit protection

✅ Delayed closing compensation

✅ 1-, 2-, and 7-year coverage on defects & major systems

✅ Workmanship, water penetration, and structural integrity—📍 British Columbia – 2-5-10 Warranty

✅ 2 Years: Materials & labour (e.g., plumbing, electrical)

✅ 5 Years: Building envelope (leaks, exterior issues)

✅ 10 Years: Major structural components (foundation, framing)—Buying new isn’t risk-free — but it is protected.

Let’s make sure you know your rights before you sign.📩 Ready to explore trusted builders and safe investments?

Join the A.H.O.M™ Insider List — link in bio.

Why having the right REALTOR® and legal team matters from day one

🏙️ Whether you're a first-time buyer, a downsizer, or an investor — understanding your rights and responsibilities is the first step to a confident decision.

📩 Ready to walk through an upcoming project or pre-sale launch in your area? Let’s connect. We’ll guide you from blueprint to keys-in-hand.

Let A.H.O.M™ Realty guide you through pre-sales, pre-construction, and new developments — with insight, integrity, and care.

—

hashtag#AHOMRealty hashtag#PreConstruction hashtag#HomeBuyingW