Farshad Fazaeli, Salesperson · International Realty Firm, Inc., Brokerage · 647-667-5555
Buying a new home or condo before it is built can be appealing, but pre-construction purchases come with long timelines, detailed builder agreements and rules that differ from resale. Farshad Fazaeli, Salesperson with International Realty Firm, Inc., Brokerage, helps buyers evaluate pre-construction projects in Richmond Hill, Markham, Vaughan, Aurora, Newmarket and Toronto.
Whether you plan to live in the home or hold it as an investment, you get careful research, clear explanations and bilingual English/Farsi support when you prefer it. Reach Farshad at 647-667-5555.
Before you commit, look into the builder's track record and registration. See how to check a builder's reputation with HCRA and Tarion and evaluating builder quality in the GTA.
Location, floor plans, exposure, finishes, deposit structure, estimated occupancy dates and nearby resale alternatives. Farshad helps you compare pre-construction against resale so you choose with your eyes open — see condo vs freehold in the GTA.
Builder agreements include schedules covering deposits, closing adjustments, delays and changes. Farshad helps you understand the key terms and strongly recommends a real estate lawyer review the agreement.
New condominium purchases in Ontario include a statutory rescission period. See the Ontario pre-construction condo cooling-off period to understand how it works and why your lawyer's review should happen within it.
Plan for deposits over time, mortgage qualification at closing, and possible closing adjustments. See understanding closing costs and speak with your lender early.
Farshad helps you prepare for the pre-delivery inspection, occupancy (for condos) and final closing.
Plans change during a long build. If you need to sell your unit before closing, an assignment may be possible, subject to the builder's agreement and approval. Assignments have specific tax considerations, including HST; see the pre-construction assignment sale HST guide and consult an accountant and lawyer. Farshad can help market an assignment and coordinate with the builder's requirements.
End-users who want a new home in a growing York Region community. Investors considering a long-term hold — see long-term residential property investment in the GTA. First-time buyers, who should review Ontario land transfer tax and first-time buyer rebates. Newcomers — see home buying for newcomers in Ontario.
Pre-construction guidance is available across Richmond Hill, Markham, Vaughan, Aurora, Newmarket and Toronto. Prefer an existing home? See buyer representation.
Honest discussion of risks as well as benefits, no promises about future values, and representation by a licensed salesperson with International Realty Firm, Inc., Brokerage. Farshad does not provide legal or tax advice; your lawyer and accountant should review agreement and tax matters.
Considering a pre-construction purchase? Farshad is ready to help — International Realty Firm, Inc., Brokerage. Call 647-667-5555 or schedule a consultation.