Platinum and VIP Pre-Construction Opportunities in GTA

Pre-Construction
We can connect you to the latest Platinum and VIP Pre-Construction Opportunities in GTA. Most of these projects are not open to public yet! But, you can apply from Alex Asadi that has Platinum or VIP access to those projects.

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    There are some advantages when you buy a condo in a pre-construction projects from the builder:
    - You have chance to select or customize certain things like appliances, cabinetry, flooring, and ...
    - You may save money by accepting the risk of delays or in extreme case, the building is not built.
    - You have more time to save up for the deposit. You pay the builder a series of payments as a deposit.
    - A condo apartment is normally more affordable that  a detached, a semi-detached, or even a townhouse.
    - If it is an investment property (for rent), tenants normally prefer new built condos.

     And there are some disadvantages:
    - You buy a condo based on floor plan. Finishes could be different from demonstrated model.
    - You will pay rent from occupancy date, but the building is still under construction.
    - There are number of fees to the builder at the time of closing that could be confusing.
    - Pre-construction condos are subject to HST. If you are going to live in it, you might be legible for and HST rebate.

     There are more advantages when Ahmad helps you to buy a condo from the builder:
    Ahmad will help in negotiation of many things from upgrades to cap on your development closing cost.
    - Having access to the Platinum and VIP stages, enables Ahmad to get you the best prices and floor plans available.
    Ahmad will assist you in choosing the best unit in a building based on your needs.
    Ahmad will assist you in submitting the worksheets and agreement of purchase and sate to the builder and all negotiations.

    Under the Condo Act, purchase agreements for new or pre-construction condos purchased from developers are not binding on purchasers until developers provide purchasers with a copy of the current disclosure statement containing vital information about the future or existing condo property and corporation (e.g., corporation's first-year budget, the proposed or actual declaration, by-laws, and rules). As of January 1, 2021, in addition to the disclosure statement, developers must also provide a copy of Ontario’s Residential Condominium Buyers’ Guide (the applicable condominium guide) to the purchasers of new or pre-construction residential condos. The Guide was developed by the Condominium Authority of Ontario (CAO) and approved by the Minister of Government and Consumer Services. It includes up-to-date information on a variety of aspects of condo ownership, such as: • The condo purchasing process • Moving into a pre-construction residential condo unit • Condo living and governance • Resources for resolving issues with condo living