New Pre-Construction
Townhouses
Book a new, modern townhouse with brand new appliances and finishing. Discover handpicked projects from Ontario and Alberta.
New Pre-Construction
Best Pre-Construction Townhouse In Ontario
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Why Invest in Pre-Construction Townhouses?
Investing in pre-construction townhouses in Ontario and Alberta is a smart move for both savvy investors and those looking to break into the property market.
If you are considering investing in pre-construction townhouses in Ontario and Alberta, you are on the right path. Whether you’re a first-time home buyer or an investor, townhouses are a great investment If you’re a first-time home buyer, a townhouse is a smart investment as it can comfortably accommodate your growing family and comes with new appliances and modern finishes.
While you might have to wait for a few months to years, one major benefit is cost-effectiveness; buying at this early stage often means lower prices compared to completed properties. The deposit structure for pre-construction townhouses in GTA involves a series of payments that add up to a portion of the total purchase price. Initially, buyers pay a small percentage when signing the contract. This is followed by additional payments, often scheduled at specific intervals such as 30, 60, 90 days, and sometimes at the one-year mark or during certain construction milestones. The total deposit usually ranges from 15% to 20% of the total price.
Another major draw is the ability to customize. Pre-construction phase often allows buyers to select finishes, layouts, and upgrades, tailoring their future home to their exact preferences. Many developers also offer decor dollars, which are credits you can use with their interior decor company to customize your new townhouse as you like.
Modern townhouses ensure they meet the latest building standards. Many builders are meeting sustainability and eco-conscious demands of homebuyers and finishing new builds with smart home technology and energy-efficient systems like LED lights, glazed double-paned windows, EV-ready rough-ins in parking.
This means you’ll pay lower maintenance costs and maintain a sustainable lifestyle. As per rule, all new townhouses should come with Tarion Warranty, among others, which protects you against problems with construction quality and future maintenance issues.
Investing in a pre-construction townhouse also means being part of a growing community from the start, which can be a rewarding experience in itself. As the neighborhood develops, so does the potential for a close-knit supportive community, which can improve your social life.
Average Price of New Townhouses in GTA
When it comes to townhouses, there are new kinds of new builds you can purchase. Freehold townhouse – you own the land the home’s built on and are responsible for all indoor and outdoor maintenance and repair, including snow removal and lawn maintenance.
Condo townhouse – they are similar to condos, which means you don’t own the land it’s built on but a share in the townhouse corporation. You will have to pay a monthly condo fee that takes care of outdoor maintenance and repair. Sometimes it covers utilities too. Any inside house maintenance and repair is fully your responsibility.
Freehold townhouses are more expensive than condo townhouses. In the GTA, the average price for a 2-bed, 2-bath condominium townhouse is around $790,000. Freehold is slightly expensive at around the $850,000 price range. On the other hand, a resale townhouse costs between $880,000 to $1.4 Million. (November 2023)
Meet Catherine Nacar
Your Pre-Construction Specialist in Brampton
Meet Catherine Nacar, a seasoned professional with a deep-rooted passion for pre-construction real estate in Canada. With a solid academic background in Real Estate Management and several years of experience in the industry, Catherine combines formal education with practical experience to offer a well-rounded service.
Having worked closely with some of Canada’s top developers and architects, Catherine provides clients with invaluable insights into upcoming projects. This isn’t just about making a sale; it’s about helping you make informed decisions so you can invest with confidence.
From Toronto and Mississauga to Calgary, Catherine has successfully brokered deals across a wide variety of properties—be it chic boutique condos or expansive multi-family developments. With such a diverse range of projects under their belt, you can feel secure knowing Catherine has the expertise to meet your unique needs.
A Smaller Upfront Cost, A Bigger Future Gain
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Your Path to Property Investment Starts Here
Financial Upside
Investing in a pre-construction townhouse allows you to secure a favorable price before construction even begins. As the property appreciates in value, your investment grows too, offering you the option to sell upon completion for potential profit.
Customization Options
From layout choices to finish upgrades, you have the creative freedom to make the space truly your own. Plus, certain developers sweeten the deal with decor dollars, giving you added flexibility to modify specific design elements.
Lower Initial Costs
Many developers provide the advantage of flexible payment plans, requiring only a modest initial down payment. These structured deposits typically range from 10-20% of the property's total value and can be spread out over a 2-5 year period, making financial planning more manageable.
Future Planning
With a locked-in unit, you're not just buying real estate, you're also buying the opportunity to plan your next steps carefully. Whether you intend to make it your personal residence or are considering renting it out for passive income, you have ample time to explore your options.
Builders We Work With
Words From Clients
I hired Catherine to assist my mom in finding a place in Brampton. Catherine is friendly, responds quickly to texts and knows the Brampton well. She recommended suitable areas and we quickly found a place. I recommend using her services; you'll be happy you did.
Jay Gamez
August 22, 2023.
Our real estate agent provided exceptional assistance during the process of selling my mother-in-law’s property through an estate sale. As an Estate Trustee, dealing with probate in court can be complex but she was knowledgeable about the procedures and handled everything smoothly. Her empathetic and sensitive approach to our needs during this emotional time is commendable. The fact that she sold the house within 3 weeks is impressive and her regular communication with keeping us informed throughout the process was highly appreciated. Overall, she did a fantastic job as our real estate agent. Thank you Catherine!
Jamie
Jamie & Michele Round
July 30, 2023.
I was always curious about new built homes or as Catherine would say it pre-construction projects. After discussing a few investment options with my family, we decided to purchase a pre-construction home in Kitchener. I was very happy with Catherine’s approach. She met with us and explained everything, the entire process including the potential rate of return on our property in a few years. It was a lot of information and I knew Catherine had the experience. I would highly recommend her.
Purva Singh
July 19, 2023.
I used Catherine to purchase a preconstruction condo in Mississauga. I didn’t know how to buy one or what was required. Catherine was quite knowledgeable and explained it to me in simple and easy to understand words. She was very patient with me and never tried to push me in purchasing one. I finally purchased one this year and I am so happy I did thanks to Catherine because she really knows her stuff.
Chelsea W
June 30, 2023.
Catherine handled both our sale of our home and also our purchase of new home. She was so incredibly professional, informative and patient. We sold our rural home quickly and not long after , found our beautiful new home. We had many items on our checklist and Catherine found them all. Wow !! We could not have been blessed for someone better. All advice Catherine gave assisted us immensely. Catherine exceeded our expectations. She represented us so well and we highly recommend her to anyone searching for or selling their home. Thank you Catherine! We are beyond happy.
Gina Maria Shepherd
April 22, 2023.
Our pre-construction property recently closed and my husband and I decided to rent it out. We had very little knowledge on rentals but our real estate agent explained the process very well in layman’s terms. She was also very thorough in screening tenants and provided us with documents for each tenant interested in our property. She definitely had our best interests at heart throughout the process. Thanks Catherine!!
Haripriya Gadde
December 16, 2022.
I have been working with Catherine for several years now and she has always put her customers first. Catherine is consistently thoughtful and trustworthy in her approach with clients and her business partners. She is extremely disciplined with providing the best customer experience, and prioritizing her clients needs. I appreciate her professionalism and care towards any financial inquires. I would highly recommend Catherine for anyone looking to have a smooth and confident experience with any real estate transaction.
rojwan ozdemir
December 12, 2022.
Honest, Trustworthy, Hardworking, and dedicated are only a few words that highlight Catherine Nacar. She is extremely professional and very knowledgeable. While working with Catherine she was always readily available to answer any of our questions or concerns. Throughout the entire process Catherine made us feel comfortable and we felt at ease knowing we were in good hands. Catherine is super friendly and fun to work with. It was a pleasure having her as our agent. We would strongly recommend Catherine Nacar. Call or email her. You won’t be disappointed. - Catherine Nevrela
Catherine Nevrela
December 9, 2022.
Found this real estate agent online. Used her to help me get my son a house. She was very nice and knew a lot about Brampton. She knew all the street names and neighborhoods. I was very impressed. I would refer her to my friends and family. Thank you, Catherine.
pardeep Thiara
December 7, 2022.
What an amazing expericme , Catherine was super quick responding to any messages and was extremely well prepared with paperwork and getting everything signed right away. Definitely the nest person I have dealt with in real estate!!!! Thank you
Chris Therriault
December 7, 2022.
Focus on what truly matters
Experience modern living with new townhouses. Customize your space to reflect your lifestyle and create a safe space of your family. Enjoy the ease of low maintenance living, backed by solid warranties for your peace of mind.
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