Finding Pre Construction Houses | Detached Homes & Townhomes

If you have been thinking about pre construction houses in the GTA and Toronto, you might have landed here. Detached homes & townhomes are extremely rare with the huge upsurge in condo development in Toronto. You largely have builders in the city and even in Southern Ontario focusing on development upwards.

That said, you may have decided that pre construction houses are your target and you might have been starting with detached homes and worked down to townhomes and condos. With benchmark prices dropping in Toronto, you might be tempted to wait for a price decline.

Why Pre Construction Houses Are Hard To Find:

Toronto is a dense city. When developers look into building residential properties they want to max out their return on investment on the land and development costs. While houses are worth substantially more than condos, you can build hundreds of condos on the same amount of space of about a dozen houses.

In Toronto, if possible, this is beneficial for the government to build MORE units rather than desirable units. Builders are trying to create things that people want. So they must compromise between building dense housing and things people specifically want.

What has ended happening, is that increasingly, builders have introduced townhomes underneath their condos. Projects such as M City in Mississauga, Canary Commons in downtown Toronto and so many more. By compromising the housing community, they have managed to offer houses in a time of emphasis on density.

Buying a Pre Construction Detached Home in Ontario

Your heart might be set on buying a detached home in Toronto or are willing to compromise on location. That said, the new mortgage regulations and rules in Ontario have made it difficult to get financing for a resale home.

You might be sold on the financing and mortgages on pre construction projects. When you look at all the incentives and perks of owning a brand new home as well as the opportunity to actually get financing on one – you may be wondering, where can I get into this.

The obvious situation here is that you will have to venture outside of the city. One project that has been immensely popular is detached pre construction homes in Cambridge. The builders, Fernbrook homes and Crystal Homes have worked together to create projects such as Grand River Woods.

Cambridge Detached Houses And Townhomes For Sale

They have a number of stellar properties with a variety of designs. They have townhomes and large detached homes with amazing lot sizes. They were available at pre construction prices and incentives exclusively through Realty Point.

If you are looking for pre construction houses for sale, particularly pre construction detached homes for sale: this is probably your best bet.

If you want to know more about pre construction houses for sale in Toronto or want to explore options for finding detached homes in Toronto and Southern Ontario, we can help.

While we have exclusive access to properties such as Grand River Woods in Cambridge, we have a slew of other available projects that you can access just outside the city!