How to Buy a Pre-Construction Home in Ontario
Buying a pre-construction home in Ontario follows a predictable sequence: register, submit a worksheet, sign an Agreement of Purchase and Sale, use the statutory rescission period for review, pay deposits on a schedule, then close after occupancy. Understanding each step before you sit down at the sales office is what separates a confident purchase from an expensive surprise.
Step 1 — Register before the release. Registration is simply asking the sales team to add you to the release list for a community. It costs nothing, commits you to nothing, and it is the only reliable way to see pricing and floor plans before they are public. Registered buyers usually receive the pricelist, the deposit schedule and the lot plan a few days ahead of general release, which matters when a small number of premium lots exist.
Step 2 — Submit a worksheet. A worksheet is a short form ranking your preferred models and lots. It is not an offer and it is not binding. Builders use it to allocate inventory fairly and to gauge demand for each elevation. Rank three or four choices rather than one — in a release where several buyers want the same ravine lot, a well-ordered worksheet is what gets you a home instead of a waitlist spot.
Step 3 — Agreement of Purchase and Sale. When your allocation is confirmed you sign an Agreement of Purchase and Sale. This is the binding contract. It sets the purchase price, the deposit schedule, the tentative occupancy date, the assignment terms, and the cap on development charges and levies. Have a real estate lawyer read it during the review period — the levy cap alone can be worth thousands of dollars at closing.
How to Buy a Pre-Construction Home in Ontario | Step-by-Step Guide
Green Valley Estates is built by Bayview Wellington Homes on the west side of Simcoe Road at Jonkman Boulevard in Bradford West Gwillimbury, Ontario. Phase 4 is now selling, with freehold townhomes and detached singles from the low $700s.