New Homes in Toronto

New Homes in Toronto

5 pre-construction home communities 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 $529,990. New freehold homes are sold from the builder's sales office, usually in phases: prices rise as each release sells out, and the earliest registrants see the widest choice of lots and elevations.

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

• Detached, semi-detached, townhouse and stacked townhouse releases
• Freehold pricing, deposit structures and closing costs for every community
• Occupancy dates by year, updated as builders release new phases
• Builder profiles, current incentives and sales-phase details

How buying a new construction home in Toronto works

1. Compare communities by area, price, home type and occupancy date.
2. Register for VIP or Platinum access to see floor plans and price lists first.
3. Reserve your home with a deposit, then pay instalments at construction milestones.
4. Choose finishes and structural upgrades at your design appointment.
5. Close on occupancy, then on title once the plan of subdivision is registered.

Frequently asked questions about new homes in Toronto

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

Pricing in Toronto currently starts around $529,990. Freehold homes 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 home 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 home 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 home 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 home in Toronto?

Freehold deposits are typically 5% on signing with further instalments at defined construction milestones, plus a deposit for structural upgrades chosen at your design appointment.