Pre-construction condos can offer great value and appreciation potential in Toronto. Marc Marinelli at HomeSalePro has helped many clients secure pre-construction units across the GTA — in North York, Midtown, Downtown, and Etobicoke.
How pre-construction works
- VIP/Platinum access: Marc can get you front-of-the-line access and potential incentives
- Deposit structure: Typically 20% over 12–18 months (not all upfront)
- 10-day cooling-off period: You have 10 days to review the agreement with a lawyer
- Interim occupancy: You move in before the building registers — you pay a monthly occupancy fee
- Final closing: Building registers, you get title and mortgage kicks in
Pros of pre-construction
- Brand new, never-lived-in unit
- Potential appreciation during construction
- More flexible deposit structure vs. resale (spread over time)
- Ability to choose finishes and upgrades
- Assignable (you can sell before final closing in many cases)
Risks to understand
- Delays are commonFinal layout may differ from plans
- Mortgage rates may change by closing
- Developer quality matters — Marc only recommends reputable builders
- Where to buy pre-construction in Toronto
- Downtown Toronto: King West, Harbourfront, and emerging areas like the East Bayfront
- Midtown Toronto: Yonge & Eglinton area continues to see new development
- North York: Yonge/Sheppard corridor remains a hotspot for new condo projects
- Etobicoke: Humber Bay Shores and Mimico waterfront continue to expand
Contact Marc for current pre-construction opportunities
Phone: 416-662-9029
Email: marc@homesalepro.ca
Website: homesalepro.ca