What Are Presales?
A pre-sale condominium is a townhouse or apartment that is available for purchase prior to it’s construction or before it is move-in ready.
The Benefits of a Presale Purchase
WARRENTY PROTECTION
All Pre-sale homes come with extensive warranty protection ensuring your peace of mind and the protection of your investment.
HOLD MORTAGE PAYMENTS
You don’t start paying the mortgage until completion of the building, giving you the chance to save more for the down payment.
POTENTIAL VALUE INCREASE
If prices rise over time your new home will be worth more than what you paid for it – before you take possession!
The 7 main risks of buying a Pre-Sale condo
1. Market Value
2. Interest Rates
3. Financing
4. Completion date
5. Size and layout
6. Finished product
7. Legal consequences
We’ve got you covered! Our experienced team will work with you to avoid risks and navigate the process every step of the way.