New Condos in Toronto

New Condos in Toronto

5 pre-construction condominium projects are tracked in Toronto. Each one is listed with its current pricing, floor plans, occupancy date and builder, so you can compare releases side by side before you register for an appointment.

Pricing in Toronto currently starts around $551,990. New condominiums are sold from the builder's sales presentation centre, usually in phases: prices rise as each release sells out, and the earliest registrants see the widest choice of floor plans and exposures.

What you'll find in Toronto's new condo market

• Studio to three-bedroom suites, lofts and penthouses
• Price lists, maintenance fees, parking and locker costs
• Occupancy dates by year, updated as builders release new phases
• Builder profiles, deposit structures and current incentives

How buying a new construction condo in Toronto works

1. Compare buildings by neighbourhood, price, unit size and occupancy date.
2. Register for VIP or Platinum access to see floor plans and price lists first.
3. Reserve your suite with a deposit, then pay instalments through construction.
4. Choose finishes, parking and lockers at your design appointment.
5. Close on occupancy, then on title once the condominium is registered.

Frequently asked questions about new condos in Toronto

What is the average price of a new condo in Toronto?

Pricing in Toronto currently starts around $551,990. Condominium suites vary by size, floor level and finish package, so compare each community's price list against its square footage before you reserve.

Can I buy a new condo in Toronto before it is built?

Yes. Pre-construction means you reserve from plans and a price list before the building or phase is finished, usually at a lower price than the completed equivalent. Your deposit is held in trust and protected by the provincial new home warranty program.

Is a new condo in Toronto covered by a warranty?

Yes. Every new home in Canada is enrolled in the provincial new home warranty program, which covers deposit protection, workmanship, water penetration and major structural defects for a set number of years after occupancy.

Do I need an agent to buy a new construction condo in Toronto?

You can register directly with the builder's sales office, but a registered agent represents your interests and is paid by the builder, so their help costs you nothing. If you use one, bring them to your first appointment — most builders will not add an agent after you have registered on your own.

What deposit is required for a new condo in Toronto?

Condo deposits are usually 5% on signing, then instalments over the following 12 to 18 months — commonly 15% to 20% in total — plus a deposit for parking, lockers and upgrades.