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How do you get access to pre-sales or new developments?

First of all, when you purchase a presale home, you are paying for a future home. A pre-sale is when a developer offers condos to the market in some cases before construction of the building has started.

  • You only need to pay a deposit.

  • You will still pay the full price, but you don’t need to take out a home loan on the property right away.

  • The deposit will range from 5 to 10% of the purchase price, and further 10 to 15% increments throughout the building project.

  • Your deposit is held in a trust account until the building is completed.

  • If for any reason the developer does not finish the building, the full amount will be returned to you.

Want to be the first in line to get access to pre-sales or new developments? The best way to do it is to contact your REALTOR®! We can provide you with the information you are looking for, whether you want:

  • Details on exclusive properties for sale

  • Special pre-sale buying opportunities

  • Advising you on a suite selection that will work best for your needs, be it investment-oriented or related to personal use.

  • Guiding and advising you throughout the entire purchase process, with the offer, and with related documentation.

  • Supporting you once you have purchased with any questions you may have as well as the completion and rental and other referrals you may need post-completion.

If you’re interested in exclusive pre-sale deals, be sure to e-mail me at

Keep Smiling!

-Heather Chua

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