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Preconstruction

Tarion Delayed Closing & Occupancy Compensation: What a Builder Owes You When the Date Slips

In most cases, yes. Ontario's new-home warranty is administered by Tarion, and its statutory warranty includes delayed-closing compensation (for freehold homes) and delayed-occupancy compensation (for condominium units). As long as the delay is not caused by you and is not an "Unavoidable Delay" as

Jun 16, 2026
Preconstruction

开发商一再推迟交房:Tarion 延迟交房赔偿能拿多少?

在大多数情况下可以。安省的新房保修由 Tarion 管理,它的法定保修里包含「延迟交房」(freehold 独立屋等用 delayed closing)和「延迟交楼」(condo 用 delayed occupancy)的赔偿。只要延迟不是你造成的、也不属于 Tarion 定义的「不可避免延迟」(unavoidable delay),开发商就必须按照购房合同里那份 Tarion Addendum(附录)和 Statement of Critical Dates(关键日期声明)的规则赔偿你。根据 Tarion(2026),赔偿按每天 150 加元的生活费计算,加上其他实际损失,封顶 7,500

Jun 16, 2026
Preconstruction

Pre-Construction Condo Closing in Ontario: Interim Occupancy, the PDI, and Tarion Warranty Explained

The defining difference is that a pre-construction condo has two closings. First comes interim occupancy: the building is not yet registered as a condominium corporation at the land registry, but you get the keys and move in, paying a monthly "occupancy fee" (often called "phantom rent") that is not

Jun 15, 2026
Preconstruction

楼花交接一网打尽:临时入住、PDI 验房与 Tarion 保修全流程

最大的不同是楼花有“两次交接”。先是临时入住(interim occupancy)——大楼还没在土地登记处注册成立 condo corporation,你就拿到钥匙搬进去住,这期间每月付的是“occupancy fee”(俗称“影子租金”),不是房贷;等到 condo corporation 正式注册、产权过户给你,才是最终交接(final closing),这时你才真正“拥有”这套房、贷款也才正式启动。据 Tarion(安省新房保修管理机构)说明,这套两次交接的结构是公寓楼花独有的。

Jun 15, 2026
Preconstruction

How Pre-Construction Deposits Work in the GTA — and Exactly How Much Tarion Protects

How are GTA pre-construction deposits staged? What does Tarion deposit protection cover for condos vs. freehold homes? How much do you recover if a builder cancels or goes bankrupt? Arthur Zhao breaks down the deposit structure, the coverage limits, and how it differs from a resale deposit held in trust.

Jun 14, 2026
Preconstruction

The Pitfalls of Condo Assignment Sales: Taxes, Buyers, and the Builder

Assigning a pre-construction condo needs the builder's consent and often a fee; since May 2022 assignments are taxable for GST/HST; and since 2023 profit on property held under 365 days is fully taxed as business income. Here are the four pitfalls.

Jun 10, 2026
Preconstruction

Pre-Construction Condo Closing, Start to Finish: Interim Occupancy, PDI, and Final Closing

Closing on an Ontario pre-construction condo happens in three stages: interim occupancy (you pay occupancy fees), the Tarion PDI inspection, and final closing after the corporation registers. Here's each step, plus the 1-2-7 year warranty structure.

Jun 10, 2026
Preconstruction

Condo Square Footage Explained: Why the Advertised Size Is Not the Usable Space

Why does a 900 sq ft Toronto condo feel smaller than expected? Learn how builders measure floor area, what balconies count as, and how to verify a condo's real usable size before you buy.

Jun 9, 2026
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