Salesperson · Intercity Realty Inc.
Frequently Asked Questions
Do I need a realtor to buy a pre-construction condo or home in the GTA?
You're not legally required to have one, but for most new projects, VIP and platinum launch access is only available through registered agents. The builder's sales team works for the builder — not for you. Working with an agent costs you nothing and gets you earlier access, first pick of floor plans, and someone reviewing the deal on your side.
Does it cost anything to work with you as a buyer?
No. On both pre-construction and resale purchases, my commission is paid by the builder or the seller, not by you. You get full representation, floor plans, pricing, and guidance at no cost.
What is a VIP or platinum launch?
It's the early sales phase of a new development, before it opens to the public. Builders release units to their top agents first, usually with the best pricing, extended deposit structures, and incentives like capped development charges or free assignment rights. By the time a project is advertised publicly, the best units and terms are often gone.
What is a worksheet in pre-construction?
A worksheet is the form you submit during a launch to request a unit — you list your preferred floor plans, your budget, and your ID details. Builders allocate units based on worksheets received through their agents. I submit worksheets on behalf of my clients and follow up directly with the builder's sales team.
How much deposit do I need for a pre-construction home?
Most GTA builders ask for 15–20% of the purchase price, but it's spread out in stages — typically over one to two years, not all up front. That extended structure is one of the biggest advantages of buying pre-construction. Every project is different, and I'll walk you through the exact deposit schedule before you sign anything.
Is there a cooling-off period when I buy pre-construction?
Yes — for new condominiums in Ontario, you have a 10-day cooling-off period after signing, during which you can cancel for any reason and get your deposit back. This is the window where I recommend having a lawyer review the agreement. Note: freehold homes (detached and towns that aren't condos) do not come with this 10-day period.
What is an assignment sale?
An assignment is when a buyer sells their pre-construction contract to a new buyer before the building closes. The new buyer takes over the original agreement — often getting into a nearly finished building at today's terms. Assignments can be a way into a nearly completed project without waiting years for construction.
Do you also help with resale homes?
Yes. Alongside pre-construction, I help clients buy and sell resale condos, townhomes, and detached homes. Many of my clients do both — for example, selling a resale home while their pre-construction purchase is being built.
How do I hear about new project launches before the public?
Register on this page. When you sign up, you'll get launch alerts with floor plans, pricing, and deposit structures as soon as builders release them to agents — often weeks before public advertising. You can unsubscribe anytime.
What happens after I register or send my information?
I'll reach out personally to understand what you're looking for — budget, location, timeline. From there, you'll get matched projects, floor plans, and pricing, and when you're ready, I handle the worksheet, the paperwork, and the follow-up with the builder. No pressure, no spam.
