pre-construction

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.

How Tarion New Home Warranty Works in Ontario: From PDI to Filing a Claim

How does Tarion new home warranty work in Ontario? Understand the 1-, 2-, and 7-year coverage, the PDI, the 30-day and year-end forms, MyHome claim timelines, and delayed-occupancy compensation. A broker's plain-English guide.

Buying Pre-Construction in Ontario: 7 Things to Watch Out For Before You Sign

Buying a pre-construction condo in Ontario? Know your 10-day cooling-off period, 15-20% staged deposits, occupancy fees, development charge caps, and Tarion deposit protection before signing. A broker's real-world guide.

Ontario’s Tarion New Home Warranty: What 1, 2, and 7-Year Coverage Means

Every new freehold home and new condo in Ontario carries a mandatory Tarion warranty. Here's what the 1-, 2-, and 7-year tiers cover, the deposit-protection caps, delayed-closing/occupancy compensation, what's excluded, the statutory claim forms, and how the HCRA now licenses builders separately from Tarion.

Interim Occupancy Fees on Pre-Construction Condos: The Phantom Rent Explained

On an Ontario pre-construction condo, you move in at occupancy but only take title at final closing. In between you pay an interim occupancy fee. Under the Condominium Act 1998 s.80(4) it equals interest on the unpaid balance + estimated taxes + projected common expenses — it builds no equity. Here's how it's calculated and how to budget.

Shadow Inventory in Toronto’s Condo Market: The Supply You Don’t See

Beyond the condos listed on MLS, Toronto's market carries a large pool of “shadow inventory”: unsold pre-construction units, developer-held stock, completed-but-unlisted condos, and investor units waiting to list. Here's what it means, how big it is, how it differs from active listings, and what 2026 buyers and sellers should understand.

Condo Special Assessments in Ontario: The Surprise Bill Buyers Need to Check For

A special assessment can hit condo owners with a bill of hundreds to tens of thousands of dollars. Here's what it is under Ontario's Condominium Act, why it happens, and how to spot the risk in the reserve fund study before you buy.

Preconstruction: Should You Close or Assign? Ontario’s 2026 HST Changes the Math

Closing vs Assignment for Ontario preconstruction: assignment fees, HST on premium, $130K enhanced rebate eligibility, decision framework for 2026.