assignment sale burlington

• Richmond Hill
• Scarborough
• Mississauga
• Midtown | Central
• Why Choose Us
• Upload A Listing
• Upgrade Listing

• +1-866-696-1888
• Favorites 0

• $2,188/sqft

3945 Leonardo Street

• Residential
• $1,925,000/sqft

3915 Koenig Road

• 3000-3500 sqft

3908 Koenig Road W

Alton Village West Lot 36

Valera Condos – Daffodil

• 497+116 sqft

Illumina Condos – Beam

Burlington assignments for sale.

Burlington has long been a sought-after area to call home thanks to its stunning topography. It offers shoreline destinations and verdant parks and trails. New construction is meeting this need by providing opulent features and resort-style amenities. A recent development that has sold out can be purchased through assignment options. Because of the beautiful areas’ anticipated rapid growth over the next several years, assignments in the Burlington area are in high demand. See a complete list of Burlington assignments here.

This medium-sized city, about an hour’s drive from downtown Toronto, is a great place to invest in the real estate market. Burlington’s Assignment Sales are growing in popularity these days. These real estate transactions depart from standard real estate services. Assignment Sales is a fantastic opportunity to enter the Burlington real estate market quickly and safely.

Contact one of our Burlington real estate specialists immediately to discover your ideal house.

Assignments for Sale in Burlington

Welcome to our Burlington Assignments for Sale page! In the Burlington area, you can choose from various real estate tasks. We provide a range of alternatives to suit your needs, whether you’re a real estate investor or looking to buy your ideal house.

We are experts at matching buyers and sellers of real estate assignments for sale in Burlington. Our group has extensive knowledge of the real estate sector. It can offer insightful advice at every stage of the assignment-buying process.

Burlington Assignment Listing

At Assignments for Sale in Burlington, we provide a selection of real estate assignments for sale in the Burlington region.

We have a variety of properties in our inventory, including condos, townhomes, and detached homes. We collaborate with several developers to provide you with the newest and most coveted assignments in Burlington.

Please visit our website to view our current listings. Each listing contains comprehensive details about the property, such as floor layouts, costs, and available financing. Contact us directly for additional information about a particular property or to arrange a viewing.

Our team has years of experience in the real estate industry. It can help you navigate the assignment purchasing process with confidence.

Burlington Condo Assignments For Sale

Experience the allure of Burlington with our stunning selection of condo assignments for sale. Nestled along the shores of Lake Ontario, Burlington offers a picturesque setting combined with urban sophistication. Our range of condo assignments presents a unique opportunity to own a desirable property in this thriving city. Discover the charm of Burlington’s downtown core, with its vibrant atmosphere, trendy shops, and delectable dining options. Enjoy the convenience of modern amenities and the tranquility of nearby parks and waterfront trails. Whether you’re a first-time buyer or a seasoned investor, these Burlington condo assignments provide an enticing blend of location, quality, and investment potential. Take your chance to be a part of this flourishing community. Explore our listings today and embark on your journey to Burlington’s distinctive condo living.

Burlington is an alluring destination for real estate fans thanks to its blend of unmatched natural beauty, vibrant urban life, and exciting growth prospects. Remember that when you browse through our Burlington Assignment Listings and Condo Assignments, you’re starting a journey that involves more than just home ownership; it’s an invitation to join a flourishing community and design a life enriched by Burlington’s distinctive amenities. With the help of our carefully chosen assignments, get a true sense of Burlington and leave your mark on this remarkable city.

Compare listings

Please enter your username or email address. You will receive a link to create a new password via email.

• Residential Search
• Commercial Search
• Featured Listings
• Pre-Construction Condo Finder
• Pre-Construction Condo List
• Assignment Sales - Oakville
• Assignment Sales - Milton
• Assignment Sales - Mississauga
• Assignment Sales - Hamilton
• Assignment Sales - Brampton
• Assignment Sales - Toronto
• Assignment Sales - Niagara Region
• Find My Dream Home
• Price Drop Alert
• Just Listed
• Buyers Daily Email Alerts
• Neighbourhood Buzzer
• Calculators
• Mortgage/Home Loans
• Buying Tips
• Distressed Sales Watch
• Free Home Evaluation
• Sellers Daily Email Alerts
• Selling Tips
• Toronto-Condos-for-rent
• Mississauga-Condos-for-rent
• Brampton-properties-for-rent
• Oakville Rentals
• Milton Rentals
• Burlington Rentals
• Dream Home Finder
• What's My Home Worth
• Testimonials
• Real Estate Reports
• Real Estate News

Mitul Kadakia

Broker of record, save max 365 realty, brokerage.

Assignment Sale - Valera Towns in Burlington

Assignment Sale

End Unit Freehold Townhouse

3 bedrooms + 2 washrooms

1539 Sq Ft.  (1473 sq ft. Interior + 66 sq ft. Balcony)

Occupancy September 2022

P.O.T.L Fee $130.00

For deets call/text 647 344 5566.

If you have any questions #LetsChat

For floor plan & site plan click  here

Have Questions?

CREA Agreement

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREAs By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

• Assignment sale
• Townhouse assignment
• Brand new assignment
• Townhouse for sale
• For sale by owner
• Burlington house for sale
• Freehold townhouse for sale

"assignment sale burlington" in Real Estate in Oakville / Halton Region

Results 1 - 6 of 6.

• For Sale (6)
• Real Estate Services
• Oakville / Halton Region (6)

$999,990.00

Tyandaga | $25,000 OFF + $50,000 In Bonuses

Burlington Preconstruction Townhomes & Semi's Multiple types of homes available: Front Walk-out Townhomes Traditional 2 Storey Townhomes Dual Frontage Townhomes Semi Detached Bungaloft Semi's ...

$1,900,000.00

Brand new detached house in Burlington-Four bedrooms, five baths

Brand new detached house in Burlington-Four bedrooms, five bathrooms Asking price 1.90M Brand new house, Assignment sale, the house is ready to move in, completed and only the driveway and the back ...

$1,729,000.00

3910 KOENIG RD Burlington, Ontario

Oakville / Halton Region

MLS® #W8123714 Beautiful Detached House in sought after Alton Village area. This is an Assignment Sale. Orinoco model 3161 sq. ft. includes 677 sq. ft. of finished basement. The main floor is with an ...

3910 Koenig Road Burlington, Ontario

MLS® #H4187332 Beautiful Detached House in sought after Alton Village area. This is an Assignment Sale. Orinoco model 3161 sq. ft. includes 677 sq. ft. of finished basement. The main floor is with an ...

$2,090,000.00

5 BEDROOM LUXURY DETACHED ASSIGNMENT in BURLINGTON

Exceptional master planned living in one of Burlington’s most charming neighbourhoods. Welcome to Alton Village West, the newest addition to the highly sought-after Alton Village community at Dundas ...

Please Contact

Assignment Sale Townhouse - Burlington

- 3 Bedrms & 3 Wshrms Situated In A Beautiful - Tentative Occupancy Is Dec 2022 - Includes Premium Stainless-Steel Refrigerator - Wide Plank Laminate Floating Floors On Main Floor Contact - ...

Some search tips we've found useful:

Try a different or more general keyword

Expand search location

Browse other categories in Classifieds in Oakville / Halton Region

• Community in Oakville / Halton Region
• Cars & Vehicles in Oakville / Halton Region
• Jobs in Oakville / Halton Region
• Pets in Oakville / Halton Region
• Vacation Rentals in Oakville / Halton Region
• Services in Oakville / Halton Region
• Buy & Sell in Oakville / Halton Region

Browse Real Estate by location

• Real Estate in Mississauga / Peel Region
• Real Estate in Oshawa / Durham Region
• Real Estate in Markham / York Region
• Real Estate in City of Toronto

• Login / Register
• (778) 909-1305
• Professional Advice

What Is an Assignment Sale? Understanding the Ins and Outs of This Real Estate Process

An assignment sale occurs when the original buyer of a property (the assignor) transfers their rights and obligations of the property contract to another buyer (the assignee) before the official closing of the sale.

This process allows the assignee to step into the original purchaser's shoes, taking on the commitments of the property purchase, which could be a pre-construction condo, house, or any other form of real estate.

Now, let's delve deeper into understanding how assignment sales work, their intricacies, and what they mean for buyers and sellers in the real estate market.

Demystifying the Elements of an Assignment Sale

Embarking on a real estate journey often introduces many terms and processes that may seem complex at first glance, with 'assignment sales' leading the pack in complexity and confusion.

Whether you're the original buyer looking to navigate away from closing costs or a savvy purchaser hunting for a valuable investment, understanding the nuts and bolts of assignment sales is an invaluable asset in the dynamic landscape of real estate.

How Assignment Sales Work

Assignment sales introduce a unique dynamic in real estate transactions, particularly in bustling markets like Vancouver Island and the Sunshine Coast .

When you buy a pre-construction unit, the property is yours, albeit not immediately ready for occupation. Life changes or financial circumstances sometimes evolve between the original purchase agreement and the final closing, necessitating a shift in plan.

Here's where assignment sales come into play. The original buyer can sell their interest in the property before the final sale, sidestepping typical hurdles like mortgage payments or land transfer taxes that come with a regular sale. This method provides a strategic avenue for purchasers to hand over their contractual obligations to another party without waiting for the property's completion.

The Assignment Clause: A Vital Cog in the Wheel

The assignment clause in the original contract is central to these types of transactions. This clause allows the transfer of the buyer's rights and responsibilities to another person.

It's crucial to understand that not all pre-construction sales agreements have an assignment clause, and most builders or developers might impose restrictions or require consent before any assignment deal can proceed.

Understanding the Financials: Costs and Fees

Engaging in assignment sales tends to involve several costs that both the buyer and seller must anticipate.

These include the assignment fee charged by the developer, legal fees for contract transfer, and possibly higher legal fees due to the complexity compared to a resale property. There could also be tax implications depending on the nature of the transaction and the parties involved.

Navigating Through the Interim Occupancy Period

A common scenario in assignment sales, especially in pre-construction condos, is dealing with the interim occupancy period.

This period arises when the assignee can take possession (though not ownership) of the unit while the property is not officially registered. During this phase, the assignee pays occupancy fees, akin to rent, which don't go towards mortgage payments.

Understanding this period helps both parties make an informed decision and prepare for the financial responsibilities it entails.

The Pros and Cons of Assignment Sales

Navigating assignment sales requires a balanced understanding of its advantages and drawbacks. While these transactions open avenues for lucrative deals and flexible arrangements, they also carry inherent risks and complexities that can impact buyers and sellers.

This exploration will provide clear insights, aiding your decision-making in the vibrant real estate market.

The Bright Side: Benefits of Assignment Sales

• Less Competition, More Opportunities: One advantage that makes assignment sales attractive, particularly in areas prone to bidding wars like Vancouver Island , is less competition. Fewer buyers are willing or informed about engaging in this kind of sales transaction, reducing the frenzy often seen in hot real estate markets. This situation can present a more favourable buying environment for those ready and willing to proceed with an assignment purchase.
• Potential for a Better Deal: For buyers, assignment sales sometimes offer the opportunity to get into a brand-new unit at a potentially lower cost. Since the assignee is stepping into an existing agreement, they might benefit from the original purchase price, which could be lower than current market rates, especially in fast-growing communities.
• Flexibility for the Original Buyer: For the original buyer, an assignment sale offers a way out, potentially recouping the deposit paid and avoiding financial penalties that might come with breaking a purchase agreement. This strategy can be particularly advantageous if the purchaser's circumstances change and needs to free up cash or avoid taking on a mortgage.

The Flip Side: Challenges and Risks of Assignment Sales

• Complexity and Higher Legal Fees: Assignment sales are not your straightforward real estate transaction. They require additional steps, such as securing the developer's consent, and the legal process is more complex than purchasing resale properties. As a result, both parties might incur higher legal fees to facilitate the transaction.
• Financial Overheads and Closing Costs: For the assignee, the initial cost outlay can be substantial for the assignee. They must reimburse the original buyer's deposit, pay the assignment fee, cover land transfer taxes, and prepare for other closing costs. These expenses require careful consideration and financial planning.
• Uncertainties and Marketing Restrictions: In some cases, developers impose marketing restrictions, making it challenging to advertise the assignment sale. Additionally, the assignee, now the new buyer, takes on certain risks like development charges or changes in market conditions, which could affect the property's value upon final closing.

Making the Move: Deciding If an Assignment Sale Is Right for You

Deciding to engage in an assignment sale is a pivotal moment, requiring a blend of financial foresight and market understanding.

As we delve into this decision-making process, we'll consider critical personal and economic factors that ensure you're making a choice that aligns with your real estate ambitions and lifestyle aspirations.

Conduct Due Diligence: Know What You're Getting Into

Involving real estate agents experienced in assignment sales is a prudent step for guidance through the intricacies of these transactions.

Also, consulting with a real estate lawyer ensures you understand the legalities, your rights, and any potential liabilities you might be assuming.

Consider Your Financial Standing and Long-Term Goals

Reflect on your current financial health and future plans.

For original buyers, if life changes dictate a change in your real estate investments, an assignment sale could be a viable exit. For potential assignees, consider whether this buying pathway aligns with your investment strategy and if you're comfortable with the associated risks.

Stay Informed About Market Conditions

Market dynamics greatly influence real estate valuations. A clear picture of current trends, especially in your buying area (like Fort St John or cities in the Okanagan ), helps make an informed decision.

Understanding these trends could offer insights into whether you're setting yourself up for a profitable investment or a potential financial misstep.

Bringing It All Home with LoyalHomes.ca

Navigating the world of assignment sales can be a complex journey, laden with opportunities and pitfalls. Whether you're considering selling your contractual rights or stepping into an existing purchase agreement, the route is layered with legal, financial, and market considerations.

At Loyal Homes, we understand that your real estate journey is more than just a transaction; it's a pivotal chapter in your life story. We're here to guide you through each step, ensuring you're equipped with the local, accurate, and relevant information to make decisions confidently. Our team is committed to providing a service that stands a notch above the rest, focusing on relationships and community at its core.

Ready to take the next step in your real estate adventure in British Columbia? Whether it's finding the perfect neighbourhood, exploring investment opportunities, or seeking your dream home, we're here to assist.

For a personalized experience tailored to your unique needs, consider our Personalized Home Search . If you're on the selling side and need to understand your property's current market standing, request a Free Home Valuation . Or, for any other inquiries or guidance, feel free to contact us . Your journey to a successful real estate experience in British Columbia starts with LoyalHomes.ca, where your peace of mind is our highest priority.

Frequently Asked Questions

Is it good to buy an assignment sale.

Buying an assignment sale can be advantageous, offering lower purchase prices compared to current market rates for similar properties, especially in hot real estate markets. However, this venture also requires thorough due diligence to ensure that the agreement terms, property details, and financial implications align with your investment goals.

Can You Make Money on an Assignment Sale?

Yes, there is a potential to make money on an assignment sale, particularly if the property's value has increased since the original purchase date. This profit occurs due to appreciation over the period, especially in high-demand areas, but it's crucial to factor in any assignment fees, legal costs, and tax implications to understand the net gainfully.

What Are the Risks of Buying an Assignment Sale?

The risks include a lack of guarantees on the final product as specifications might change, potential delays in construction, and complexities in financing, often requiring a more substantial initial deposit. These elements underscore the importance of legal counsel to navigate contract specifics and to prepare for any contingencies or additional costs.

How Do I Sell My Pre-Construction Assignment?

Selling a pre-construction assignment involves marketing to potential buyers, typically requiring the developer's consent and possibly entailing a fee. Engaging with a real estate professional who understands the local market nuances and legalities of assignment sales is essential to ensure a smooth, compliant transaction.

Do I Pay Tax on Assignment Sale?

Tax implications on assignment sales can be multifaceted, potentially involving income tax on profits and GST/HST on the purchase, depending on factors like the property type and the seller's tax status. It's advisable to consult with a tax professional to accurately determine specific obligations and strategize for tax efficiency based on your circumstances.

What Is the Difference Between a Transfer and an Assignment?

A transfer and an assignment differ significantly; a transfer involves changing property ownership after a project's completion, whereas an assignment sells one's interest in a property before it's finished. Understanding this distinction is crucial as it affects the contractual obligations, rights transferred to the new buyer, and the legal and financial processes involved in the transaction.

• Photo: @ irina88w via Canva.com
• Photo: @ AndreyPopov via Canva.com
• Photo: @ putilich via Canva.com

Post a Comment

Related posts.

How Much Does It Cost to Build a House? Compare the Expenses of Building & Buying

When you're at the crossroads of homeownership, one of the most pivotal decisions you might face is whether to build a new house or buy an existing ... Read More

Do Buyers Pay the Real Estate Agent Fees in Canada?

Understanding the dynamics of real estate agent fees is crucial when entering the Canadian real estate market. This complex topic often leaves ... Read More

Ultimate Guide to Mortgages in Canada: Tips & Strategies

Securing a mortgage in Canada can be daunting, but armed with the right knowledge and strategies, you can make informed decisions and find a solution ... Read More

We're Here to Help

• X (Twitter)

Have a Question or Want a Free Market Report?

• Advanced Search
• Search by Map
• Property Tracker
• Featured Listings
• Vancouver Island Communities
• Lower Mainland Communities
• Sunshine Coast Communities
• Thompson Okanagan Communities
• Kootenay Rockies Communities
• Cariboo Communities
• Northern BC Communities
• Mortgage Calculator
• Mortgage Pre-Approval
• First Time Buyers
• Making an Offer
• What Are Closing Costs?
• Financial Terms Glossary
• Personalized Home Search
• Factors to Consider When Moving to a New City
• Selling a Home
• Pricing Your Home
• Marketing Your Home
• Showing Your Home
• Adding Value
• Free Market Analysis
• Join Our Group

faux container

Looking for recent sold data?  click here

What Is An Assignment Sale?

Jun 10, 2022 | Investors

Share This Post:

Assignment sales are becoming more prevalent with all of the new construction going on in the province, particularly in the GTA. What does it mean?

Imagine you purchased a property that hasn’t been constructed yet. It could take years before you move in, and your life could change significantly in the meantime. What happens if you no longer want or need the home or condo that you’ve committed to purchasing? 

That’s Where Selling On Assignment Comes In

An assignment of an Agreement of Purchase and Sale with a builder is when the existing Purchaser (referred to as the Assignor) decides to sell their right to purchase the subject property to someone else (a new Buyer, referred to as the Assignee) before they close on the purchase with the builder .

It’s a transferring of the rights to fulfill the contractual obligation with the builder from the Assignor to the Assignee who will be the new purchaser and subsequent owner of the property.  An assignment sale takes place before the title (ownership) has been transferred.

Why Assignment Sales Can Be Tricky

Most builders won’t allow an assignment unless the build is nearing completion or even in the occupancy period. It varies on what the builder’s rules are pertaining to assignments, if they allow them at all. 

You can find out by reading the original builder purchase agreement and checking in regarding any updates as to whether they’re ready to allow assignments to take place. 

Any kind of real estate transaction can get complicated, but knowledge of the market will help you. Here are some of our other topics you might want to know about:

• Realtor® Red Flags You Don’t Want To Ignore
• Buying an Income Property? Here’s What To Look For
• How To Help Your Children With Real Estate Investing

When selling an assignment, the Assignor seeks to recover the deposits they’ve paid to the builder, which is typically 20% of the original purchase price on the builder’s agreement. Plus, they will be owed the difference between their original purchase price and the current market price.

In an ideal scenario for the Assignor (original purchaser), the full payment of funds owing from the Assignee (new purchaser) is usually due upon the assignment closing date. This is the completion date of the purchase between the Assignor and the Assignee. It could be within 30 – 60 days from the accepted offer or until the builder provides the approval to assign and the appropriate documents are completed between the parties to the transaction (Builder, Assignor and Assignee) to transfer the purchase of the property to the Assignee.

The assignment closing date is not the occupancy date or the builder closing. It’s a separate agreement between the two parties for the assignment purchase.

A Simplified Breakdown of an Assignment Sale:

• The original purchase price was $450,000
• The Assignor paid a 20% deposit to the builder, which is $90,000
• Over time, the value of the property has grown and the parties have agreed to a current market value purchase price of $580,000, an increase of $130,000 from the original purchase ($580,000 minus $450,000)
• The Assignor wants the recoup their original deposit, $90,000, plus the difference in value, $130,000.
• The total amount of funds owing to the Assignor from the Assignee in consideration of the Assignment agreement is $220,000
• The Assignee is required to close on the purchase with the Builder based on the original purchase price, which is separate from what they would owe the Assignor to buy the property from them under an assignment agreement 

When Do You Have to Pay?

As with purchasing any property, few people have the available capital to pay everything upfront. 

Sometimes, the Assignor may agree to receive a partial payment upon the assignment closing date. The remainder is then due on the final closing and can potentially be rolled into the Assignee’s mortgage. 

If the Assignee has the funds and agrees to pay upfront, the Assignor in some cases may allow for some negotiation on the assignment purchase price. Since the Assignor no longer has to worry about receiving payment, less risk is involved. 

What Are the Pros of Buying on Assignment?

• It allows you to buy a brand new product in an otherwise sold-out development 
• You can obtain the property at ‘today’s market price’ before housing prices increase 
• Some Assignors may be motivated to sell for personal reasons, which could mean getting a better purchase price

What Are the Cons of Buying on Assignment?

• The closing costs are higher. When you buy on assignment, you take over all terms in the original purchase agreement. You’re now responsible for the builder’s closing costs, including developmental charges, levies and other miscellaneous fees, which can amount in the thousands. This is in addition to the Land Transfer Tax and real estate lawyer fees which can be a bit higher for an assignment sale as it requires the lawyer to review the original builder purchase agreement in addition to advising on the assignment agreement which is more complex then a standard resale purchase and sale. When you buy resale, you pay the land transfer tax and the real estate lawyer’s fees for a standard real estate purchase. Closing costs cannot go into the mortgage, so you need the cash upfront. 
• You may have to pay HST on the purchase. Sometimes, the builder includes the HST in the purchase price and applies for the rebate on your behalf. However, you are not eligible for an HST rebate unless the purchase will be your principal residence. Taxes can get complicated, and you should consult with a lawyer and accountant to protect yourself.
• You typically will require more money for the purchase upfront because of the amount the Assignor is looking to recoup.
• Not all lenders will approve the mortgage financing based on the new purchase price for an assignment purchase, although today most of the major banks do. You will need a mortgage pre-approval specifically for the assignment purchase and as per the terms that the builder requires for the length of time the mortgage approval is valid, which is typically a longer period than a typical mortgage pre-approval
• Your choices are limited when buying on assignment. You can not choose the floor height, exposure, or preferred floor plan layout. 
• You do not get to choose the finishes. You have to accept whatever colour palette and style of finishes the Assignor selected. However, the builder often has a design team who would have had a few preselected colour pallette options for the original purchaser to have chosen, so you’ll know that the finishes will complement each other and not be unappealing otherwise 

Once you’ve bought your condo, one of the first things you’ll want to do is decorate and make it your own. Here is a simple idea to get you started!

Who Should Buy On Assignment? 

In our opinion, an assignment is good for those who have enough cash to make this type of purchase without financial strain. Buying an assignment may allow you to get a pre-construction property that may otherwise be unavailable. 

You’ll also likely get a better price than what the market value may be by the time the build has been completed and is registered.

If you’re thinking of buying or selling on assignment, it’s important not to try to do it alone. It doesn’t have to be intimidating. In fact, buying or selling on assignment could work well given your personal circumstances. Your best resource is to have a Realtor and lawyer who are knowledgeable about pre-construction and assignments.

Do you have more questions about buying or selling on assignment or real estate in general? You can set up a meeting with us here , and we can point you in the right direction. Did you find our blog post ‘What Is An Assignment Sale’ informative? We have sold many assignment properties over the years and know the in’s and out’s of selling on assignment. Contact us today if you have a property to sell on assignment – with our proven success strategies we’ll get to work on a successful assignment sale of your property in Toronto and the west GTA.

Related Posts

An Introduction to Toronto’s Outstanding Schools

Mar 6, 2024

A Guide To Moving Up in the West GTA

Feb 9, 2024

Ten Up-and-Coming Neighbourhoods for Investment in Toronto

Jul 26, 2023

Let's Talk Real Estate

We’re ready to answer any questions you have about buying, selling, or our personalized services.

• Your Name *
• Your Email *
• Your Phone Number *
• Your Message
• Comments This field is for validation purposes and should be left unchanged.

get insider access

• Name This field is for validation purposes and should be left unchanged.

• (416) 443-9000
• [email protected]

Assignment Sale: A Guide

On This Page

Looking at purchasing a pre-construction condo? You may have come across the term “Assignment”. Here’s the info on the Assignment Sale and some useful information you should know before you begin.

What is an Assignment Sale?

An Assignment Sale occurs when a buyer successfully allows a third party to assume the rights and responsibilities of an Agreement of Purchase and Sale, prior to completion of the transaction.

The third party, known as the “assignee”, then completes the transaction with the original seller. The original buyer (assignor) is free of all obligations to the transaction.

Sales of Pre-construction condominiums typically begin years before construction & occupancy. Due to this protracted period of time, scenarios arise in which the original buyer doesn’t need or want the unit.

For example, the buyer may have:

• Encountered financial difficulty
• Moved to a new city, or
• Found a resale property instead

Assignment sales can be used as a means to profit via the market. For example, a buyer who is bullish on market conditions may begin by purchasing 3 pre-construction units. In the next year, the market rises to his favour, increasing the value of pre-construction units. He may then wish to list and sell two of those units, keeping only one for himself. In this scenario, the buyer has just made a profit from the two additional units & secured the base price in the building for himself.

How Does an Assignment Sale Work?

Not all builders will allow assignment sales. This is usually done to prevent “flippers” from purchasing the condo and reselling it prior to closing.

However, builders that allow assignments of pre-construction condos, will usually require that they are paid a portion of the difference.

Assuming the developer permits the assignment to occur, the seller will instruct the buyer to pay a sum of money on or before closing of the transaction. This sum is usually the difference between what the seller contracted to pay for the unit originally, and the amount that the seller has agreed to assign for.

The Seller then provides the buyer and developer with a “Direction Regarding Title”, allowing the property to be placed into the name of the new owner at the point of closing.

A prudent seller, when assigning a condominium, will also require the buyer and developer to sign a release which absolves the seller of all further liability.

Assignment Sales: More Than Just Condos.

Its important to remember that a buyer could assign ANY contract with a provision to do so. Resale homes, multi-residential investments, and condos, both pre and post-construction can all be assigned prior to closing.

This is important to understand when selling a home. A purchaser could sense an opportunity and contract your property with provisions for assignment. They could then assign the property to another buyer for a higher amount and pocket the difference.

Assignment sales, however, are not always profitable. Developers who price their condo based on market speculation at the time of occupancy may cause units to be overpriced. In the event the market takes a downturn, a potential assignment could be listed at less than the original purchase price. In this scenario, the initial speculative investor would lose money on their investment.

What to Look For in an Assignment Sale

If you’re looking to assign your pre-construction condo, its typical to ask for a deposit equal to that of what you may have paid to the developer, to ensure that your initial cost is recovered. The remainder of the payment terms can then be negotiated with your potential buyer.

An Assignment Sale can be an incredible opportunity to purchase a unit that you may have missed during the pre-construction sale phase. Even if an assignment is selling for double its original price, the unit could still be worth more upon completion. It’s important to ensure that your best interests are being considered in this regard. Contact Us for more information regarding Assignment Sales and the pre-construction condo world.

Read More Posts on Our Blog

Browse below 👇.

Home Ownership

Property Law

Real Estate Investment

Understanding the Deal

Baron Alloway

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Pin It on Pinterest

• Print Friendly

Stay Up To Date With Our Newsletter

Get informed and read the latest news & RECEIVE exclusive articles about Toronto Real Estate and property law.

What is a Condo Assignment Sale? — Everything You Need to Know

What is a condo assignment sale, when does it occur.

Condo assignment sales occur before the final occupancy or closing date of a new construction property. An assignment sale occurs before the final closing of the property between the original purchaser (Assignor)  and the builder. 

As a new purchaser of an agreement, you are going to assume everything that the original purchaser agreed to in their original contract. For this reason, it is important to appoint a lawyer by your side to go over two important set of agreements. The first one is the agreement between the original purchaser and the builder. Lawyer will walk you over red flags or things like closing costs associated to the unit – remember you have to assume these terms. The second piece of agreement the lawyer will look at is the new agreement between the original purchaser (Assignor) and the new purchaser (Assignee) 

Reason for a Condo Assignment Sale

Assignment sales take place with all sort of new construction product such as townhomes, detached homes, condos, stacked townhomes & more. Why do these kinds of sales happen? The most common reason is the original buyer’s circumstances might change and present a reason to list their condo for assignment sale transactions. 

There are many reasons why one would decide to sell their unit on assignment since the gap of purchase time to occupancy is wide and can take 2-7 years depending on what type of property it is. Perhaps they will welcome a new member of their family soon and the condo just isn’t big enough for everyone. Whatever the reason, it isn’t always negative. It is important to work with professionals that can guide you throughout the process of an assignment sale.

Costs of Condo Assignment Sales​

Is selling an assignment better than a regular real estate transaction? Yes. Being the seller (assignor) is known to contain more tax fees than a unit that is already built and you’ve taken title of. As a buyer of an assignment, you do not need to observe such fees and a professional can walk you over your closing costs associated to the transaction. 

Now that you know what is a condo  assignment sale, you can therefore make an informed decision. We get a lot of questions about new condos and whether it’s better to wait or to list them for assignments right away. 

An assignment is better if you’re looking to get your money back sooner rather than later. Assignments will also see that the assignee pays the land transfer taxes and other taxes. Sometimes you can even make a profit on the market value if condo assignments are listed during a real estate boom.

It all sounds great, but selling condo assignments also has its drawbacks. For example, experienced real estate agents know it’s more difficult to sell an assignment property due to a much smaller buyer pool. Most assignment sales cannot be advertised online on platforms such as MLS. 

In most cases,, there are  marketing limitations when it comes to selling an assignment which can hurt your chances of finding a potential buyer

If you are looking for a new home sooner rather than later, an assignment sale offers closer occupancy dates, unlike purchasing something new that will only be ready in 5 years. In some cases, you may still have a chance to choose your own colours and finishes of the unit

Pros and Cons of Condo Assignment Sales for Buyers​

As a  buyers, you can expect to see advantages such as more options when choices are low. Since assignments are more complex, you typically face less competition on deals whereas in a hot market you may be in a bidding war scenario.

Pros and Cons of Condo Assignment Sales for Sellers​

The pros for assignment sellers are a shorter list compared to the ones for buyers. First of all, sellers can get their money faster and put that amount to good use such as reinvestment. Sellers will not be responsible for carrying costs such as occupancy fees or go ahead with the mortgage payments or other closing fees.

At times, the seller can also play the market and list the unit for higher than the original purchase price and make a profit. However, more often than not, sellers will have a harder time seeing offers due to marketing restrictions and a smaller buyer pool.

Since the process for assignments is also much more intricate, it will be difficult to find a  real estate professional out there that is familiar with this type of sale. For this reason, an assignment transaction can come with more complexity and would require additional knowledge. 

Now that you know what is a condo assignment sale, you can decide if it’s the route you want to take as a buyer or seller. There are more advantages from a buyer’s standpoint, but there are undeniable pros for sellers such as getting your money back faster and avoiding closing costs.

Looking for assignment sales? Here are some top options on the market:

• Stockyards District Residences
• Whitehaus Condos
• St. Lawrence Condos
• Westwood Gardens
• One Burrard Place
• Cascade City
• ALPHA at LUMINA Brentwood
• University District
• Sun Towers 1
• Blue Diamond Condos
• Theatre District Tower
• Go2 Condominiums
• 8 Cumberland Condos
• Artworks Tower
• 859 West Condos
• Park Boulevard
• 567 Clarke + Como
• The Maverick
• Etoile Condos
• Concord Brentwood Hillside West Tower 1
• Canvas Condos
• Mississauga Square Condos
• Mirabella Luxury Condos
• Wesley Tower
• Home (Power + Adelaide)
• Oro at the Edge
• 5 North Condos
• Gore Park Lofts
• Casa Di Torre
• in.DE Condos
• Mobilio Condos
• One Crosstown
• Cypress at Pinnacle
• The Cardiff
• Social Condos
• Millhouse Condos
• Cedar Creek
• King George Hub at the Stations
• Sussex Metrotown
• Sweetlife Condos
• 7 on the Park
• Saturday in Downsview Park
• Oakvillage Condos
• Sugar Wharf Condos
• Verdé Condo
• Liberty Central by the Lake
• Lighthouse Tower
• Scala Condos
• AVRO Condos
• Perla Towers
• DuEast Condos
• Vita on the Lake
• Playground Condo
• Junction House Condos
• Downsview Park
• Peter & Adelaide Condos
• 75 on the Esplanade
• Panda Condo
• Wish Condos
• Park Avenue Place
• 159SW condos
• Riverview Condos
• Distrikt Trailside Condos
• Lake & Town
• B-Line Condos
• Lumina Condos
• Nobu Residences Toronto
• Yonge + Rich
• The West at Stationwest
• Transit City 4 Condos
• 1 Yorkville
• Oak and Co. Condos
• Four Sixteen Condos
• Evermore Condos
• Transit City Condos
• Gallery Square Condos
• Auberge on the Park
• M City Condos 2
• Empire Phoenix Condos
• Mirabella Condos

Pages are worth reading: 

• The boom of condos in Toronto
• The assignment sale when buying condos
• The assignment sale in Toronto
• The great apps for real estate agents  

Get Updated With The Hottest Launches

Recent Posts

What is Real Estate NFT and Is It Worth Investing In?

Pre-construction Condo Mortgage: Cost & Worth

Watermark Condos Toronto, ON, Canada

• Schedule a Call

Exclusive Content With Our Newsletter With The Best Hidden Projects

• How It Works?
• frequently asked questions
• ASSIGNMENT SALE
• PRE CONSTRUCTION
• MORTGAGE BROKERS
• HOME EVALUATION
• PRIVATE LENDER
• 1 (416) 890-5604
• Create a Listing

Assignment Sale & pre construction homes for Sale

The most innovative and effective real estate assignment sale network online. limitless possibilities let us facilitate your assignment sale transaction with your privacy and security being our first priority..

• Assignment Sale(s)
• Pre-Construction

Discover Our Featured Assignment Sale

The best place to look for buy and sell assignments in Toronto, Calgary, Edmonton & Vancouver. Search online for assignment sale properties, pre construction homes, pre construction condos, townhouses for sale, etc. These highlighted properties won’t last!

Mirabella Condos – 1 Bed + Den

• Condo Apartment

Daniels Artworks 2 Bed Assignment

Assignment sale services.

Assign Circle offers assistance in assignment sales to buyers and sellers. Everything you need to assist you with your real estate assignment sale or purchase journey.

Our Packages

Assignment Sales have never been easier choose the package that works best for you and your clients

• 30 Day Billing Cycle
• 6 Images per Post
• 0 Featured Properties
• Auto Doc Download
• Social Media Facebook
• Email Blast - NO
• Affiliate - NO
• 90 Day Billing Cycle
• 2 Featured Properties
• Social Media Facebook | Instagram
• Email Blast- NO
• 120 Day Billing Cycle
• 10 Images per Post
• 4 Featured Properties
• Social Media Facebook | Instagram | Twitter
• 1 Year Billing Cycle
• Unlimited Posts
• 16 Images per Post
• 12 Featured Properties
• Email Blast - Available
• Affiliate -YES
• Video - All

Residential Assignment Sale

Find your perfect home amongst the many to residential properties to choose from.

Why is Assign Circle The Perfect Choice for assignment sale and pre-construction?

Centralized location for all assignable & assignment sale properties.

Never miss out on an opportunity

Get In Touch With Sellers

Contact sellers in a secure and private manner

All Assignment Sale Resources At Your Fingertips

Get all your services you need to take care of the entire assignment process

Assign Circle Inquiry Form

Let us help you, fill out the form below and someone will contact you within 48hrs.

Check Our Selection Of Finest Assignment Sale Properties

Assign Circle is Canada's leading real estate platform specializing in exclusive assignment sale and pre construction homes, residential properties and unique homes for sale. Check Out Fine Selection of Assignment Properties.

Richmond Hill Townhouse 3+1 Beds

Vaughan Condo Assignment Sale – 1 Bed + Den

Areas to explore.

Assignment Sales are available throughout many areas, here are some of the areas in Ontario to explore.

Assignment Sale in the GTA

• Assignment Sales Toronto
• Assignment Sales Etobicoke
• Assignment Sales Scarborough
• Assignment Sales North York
• Assignment Sales East York
• Assignment Sales Vaughan
• Assignment Sales Durham
• Assignment Sales Ajax
• Assignment Sales Clarington
• Assignment Sales Oshawa
• Assignment Sales Pickering
• Assignment Sales Scugog
• Assignment Sales Uxbridge
• Assignment Sales Bowmanville
• Assignment Sales Halton
• Assignment Sales Burlington
• Assignment Sales Milton
• Assignment Sales Peel
• Assignment Sales Caledon
• Assignment Sales Mississauga
• Assignment Sales York
• Assignment Sales Georgina
• Assignment Sales King City
• Assignment Sales Richmond Hill

Other Regions

• Assignment Sales Waterloo
• Assignment Sales Cambridge
• Assignment Sales South Western
• Assignment Sales Brantford
• Assignment Sales London
• Assignment Sales Owen Sound
• Assignment Sales Bradford
• Assignment Sales Innisfil
• Assignment Sales Orillia
• Assignment Sales Peterborough
• Assignment Sales Hamilton
• Assignment Sales Oxford County
• Assignment Sales Blandford
• Assignment Sales Sarnia
• Assignment Sales Windsor
• Assignment Sales Chatham-Kent
• Assignment Sales Guelph
• Assignment Sales Glanbrook
• Assignment Sales Ancaster
• Assignment Sales Flamborough
• Assignment Sales Niagara
• Assignment Sales Grimsby
• Assignment Sales Montreal
• Assignment Sales Laval
• Assignment Sales Longueuil
• Assignment Sales Calgary
• Assignment Sales Airdrie
• Assignment Sales Chestermere
• Assignment Sales Niagara Falls
• Assignment Sales Port Colborne
• Assignment Sales St. Catharines
• Assignment Sales Thorold
• Assignment Sales Welland
• Assignment Sales Cochrane
• Assignment Sales High River
• Assignment Sales Central Ontario
• Assignment Sales Simcoe
• Assignment Sales Angus
• Assignment Sales Barrie
• Assignment Sales Northern ON
• Assignment Sales North Bay
• Assignment Sales Sault Ste Marie
• Assignment Sales Sudbury
• Assignment Sales Thunder Bay

Testimonials

This is what our clients, customers and affiliates had to say about Assign Circle and the team.

Compare listings

Reset Password

Please enter your username or email address. You will receive a link to create a new password via email.

• Mississauga
• Scarborough
• Richmond Hill
• Stouffville
• Stoney Creek
• Colgan Crossing

Explore Popular Cities

List Of Assignment Sale Ontario (2024)

3 +1 bed | 3 bath | 1875 sqft Occupancy -2023

The  real estate market in Ontario , Canada,  offers a unique opportunity for buyers and sellers through assignment sales.  Assignment sale Ontario  involves the transfer of pre-construction condos, townhomes, and detached homes before their completion. This practice has gained popularity because of its potential for early access to desirable properties and the potential for profitable investments. 

However, navigating the assignment sales Ontario market can be complex, requiring a solid understanding of the process, legal considerations, and effective negotiation strategies.

What Are Assignment Sales?

Assignment for sale in Ontario  are a sneaky little secret in the world of real estate. Essentially, it’s like being the middleman in a property transaction. Let’s say you buy a pre-construction condo but decide you’d rather not move in when it’s completed. Instead of selling the condo directly, you can assign the contract to someone else who then takes over the purchase. You get out of the deal, and someone else gets their dream home. It’s a win-win!

Why Are Assignment Sales Ontario Popular?

Ontario state in Canada has become a playground for assignment sales, and for good reason. These sales offer a unique opportunity for both buyers and sellers. Buyers can snag a pre-construction property without having to wait for construction to finish, while sellers can make a profit without ever stepping foot on the property. Additionally, with the hot  real estate market in Ontario , there’s no shortage of eager buyers and sellers looking to make a deal.

Understanding Pre-Construction Condos, Townhomes, and Detached Home Assignments

Imagine this: you’re a developer, and you have a grand plan to build the next luxurious  condo assignment sale in Ontario  or a charming townhome community. But before construction even begins, you start selling units. 

These sales are known as pre-construction sales, where buyers purchase a property that hasn’t even been built yet. And that’s where assignments come into play. Buyers who decide they don’t want to occupy the property themselves can assign their contract to someone else. Assignments aren’t just limited to condos. You can find them for townhomes and even detached homes. So, whether you prefer the allure of a towering condo or the charm of a cozy bungalow, there’s an assignment out there waiting for you. 

The great thing about assignments is that they offer a range of options to suit different tastes and budgets. No matter what type of property you are looking for, you can find it through an assignment sale.

In search of assignment homes in Ontario, you can consider  assignment sales In GTA , a more significant part of southern Ontario. In this area, many cities offer the best assignment homes with the best amenities.

The Next Move Is Yours.

Don’t know where to start ? Contact Our Team!

Nobody knows the assignment market in the GTA and southern Ontario better than me. Whether you’re looking to buy or sell, I promise to work hard on your behalf to ensure you get the best deal possible.

Sean Bhairo is a data-driven CPA and Sales Representative. Sean understands that buying or selling a home is one of the largest investment decisions you will make, and his goal is to leverage his skillset and experiences to help support these decisions.

• Preconstruction homes in Toronto
• Preconstruction homes in Brampton
• Preconstruction homes in Mississauga
• Assignment Sale Toronto
• Assignment Sale Brampton
• Assignment Sale Mississauga
• RE/MAX Millennium Real Estate Inc. Brokerage
• 81 Zenway Blvd #25, Woodbridge, ON L4H 0S5
• 905-262-2200

Thank You For Your Submission

We will connect with you shortly

You are using an outdated browser. Please upgrade your browser to improve your experience.

Rashid Notash, Broker

416-500-5360 | [email protected]

The Condo Assignment Process: Everything You Should Know

• Share This:

September 15, 2018 | Selling

Condo assignment sales are different from typical pre-construction transactions. Whether you’re on the buyer or seller side, the condo assignment process is unique—which is why you should take the time to learn about the costs, timelines, and other specifics involved.

If you’re thinking about buying or selling a condo on assignment, here’s what you should know…

What is a condo assignment sale.

An assignment sale occurs when a pre-construction condo buyer decides to sell before closing. Since they don’t technically own their unit (which may not be completed yet), what they’re really selling is their purchase agreement with the builder.

The concept sounds simple. However, there are some ins and outs that both sellers and buyers should know to ensure that their transaction is legally above board—and in their best interests.

Seller FAQs

Thinking of selling your pre-construction condo on assignment? Here are some answers to the most commonly asked questions sellers have about the process.

Should I sell my condo on assignment?

Pre-construction buyers often sell condos on assignment as part of an investment strategy. That said, there are other instances where going this route makes sense.

Maybe your lifestyle has changed, and the unit you were excited about a year ago is no longer ideal. Perhaps you’re facing some financial challenges, and you need some cash in the short term. Whatever your circumstances, a real estate agent with condo expertise can help you decide if selling on assignment is right for you.

What are the tax implications of selling on assignment?

While there’s nothing wrong with assignment sales, some Canadian investors have gotten themselves in hot water for making them without paying taxes on their profits. Regulators have been cracking down on these transactions, which is why knowing your taxation responsibilities is crucial.

The bottom line? If you’re making an assignment sale, it’s best to speak with a financial expert before moving forward.

Does the builder need to be involved?

Your Agreement of Purchase and Sale will specify whether selling your condo on assignment is permitted. Either way, you should obtain consent beforehand. There’s a very good chance that builder approval of an assignment sale is a condition in your contract—so read it carefully.

How much will it cost to sell on assignment?

If the builder signs off on your sale, you’ll probably still have to pay a fee. This sum could range from a few hundred dollars to several thousand, and in some instances it is waived by the developer. You should also be aware that, along with the regular costs associated with selling, your legal fees may be higher than they would be for a simpler transaction.

Will I get my deposit back?

A purchaser who is buying on assignment (also known as an “assignee”) usually pays the assignor their full deposit. As part of a typical deal, you should receive the amount you’ve paid to date, sometimes along with your profit, on closing day.

How can I find a buyer?

Be aware that there are marketing restrictions placed on most assignment sales. While it depends on the terms of your agreement with the builder, you probably won’t be able to post on the MLS or online.

If you market your assignment in violation of your contract, the builder may be able to cancel your agreement—and hold onto your deposit. For this reason, working with an agent who knows the local condo market is your best bet for finding a buyer.

Are you thinking of purchasing a pre-construction condo on assignment? Read answers to some of the most common questions buyers have first.

When is buying a condo on assignment a good idea?

If you’re excited about a particular condo development that has no remaining inventory, buying on assignment could be your way into the building. In many cases, the price for a unit is lower when it’s sold this way than it would be if it were on the market as a resale unit.

On the flip side, assignment sales tend to be more complicated than traditional condo transactions. They often entail costs, risks, and legal minutiae that aren’t part of conventional resale and pre-construction purchases.

An agent with condo market expertise can help you weigh the pros and cons of including assignment sales in your condo search.

Can I renegotiate the terms of the agreement in place?

No. When you buy a condo on assignment, you’ll be expected to fulfill the terms and conditions that the original buyer agreed to (and take on any potential risks associated with them). For this reason, it’s very important that you protect your interests by working with an experienced real estate lawyer.

Fortunately, you may be able to negotiate with the seller (or “assignor”) regarding the specifics of your purchase with them. Assignors are often in the midst of a life transition, and they may be eager to make a deal and move on.

Which costs will I pay?

Along with the sum you’ve agreed to, you will almost certainly be expected to pay the assignor the amount they’ve put towards their deposit to date. Unless your contract specifies otherwise, you will be responsible for final closing costs including (but not limited to) land transfer taxes, development fees, Tarion fees, and HST if applicable.

As part of the assignor’s original agreement, development charges may be capped. If this is the case, you could wind up spending significantly less money—so it’s worth looking into.

How will closing work?

Closing on an assignment sale can be complicated for the assignee. You’ll have to go through the process twice: once when your deal is finalized with the assignor, and again when you close with the builder. During the first closing, you’ll pay the assignor their deposit and sometimes the profit. The profit portion could be renegotiated and paid on the second closing. During the second, you’ll pay the developer the remainder of what’s owed.

Don’t forget about the occupancy period! Once your unit is fit to be occupied, you will pay a sum that’s approximately equal to your monthly mortgage payments and condo fees until the building is registered.

What else should I know?

In addition to understanding the assignment process, you should be aware of the pros and cons that go along with buying a pre-construction condo. Your purchase will come with certain risks that the original buyer was willing to take on—such as delays to closing. On the flip side, there’s nothing quite like moving into a beautiful, brand new condo.

When handled correctly, condo assignment sales can be beneficial to buyers, sellers, and developers. Just remember that understanding the process is the key to success—which is why working with the right real estate and legal professionals is so important!

Interested in buying or selling a pre-construction condo? Let’s discuss it! Call or shoot me a text at 416-500-5360, or email me at [email protected].

• Search Homes For Sale
• Condos - VIP and Coming Soon
• GTA Assignments
• Toronto Assignments
• Mississauga Assignments
• Vaughan Assignments
• Markham Assignments
• Richmond Hill Assignments
• Oakville Assignments
• Hamilton Assignments
• Brampton Assignments
• Pickering Assignments
• Stouffville Assignments
• Welland Assignments
• Condos – Highly Desirable
• Condos – Highly Anticipated
• Condos – Excellent Walk Score
• Condos – Excellent Transit Score
• Condos – Boutique
• Condos – Hip Cool Trendy
• Condos – Luxury
• Condos – Affordable
• Condos – Downsizing
• Condos – Toronto Waterfront
• Condos – Toronto Harbourfront
• Condos – Sugar Beach
• Condos – Etobicoke Waterfront
• Condos – The Beaches
• Condos – Ontario Place
• Condos – Downtown Toronto
• Condos – More Downtown Toronto
• Condos – near Yonge And Bloor
• Condos – West Queen West
• Condos – Entertainment District
• Condos – King West
• Condos – Graffiti Alley
• Condos – Fashion District
• Condos – Distillery District
• Condos – St Lawrence Market
• Condos – near East Harbour
• Condos – Leslieville
• Condos – The Annex
• Condos – Dupont Regeneration
• Condos – Regent Park
• Condos – near VMC Subway
• Condos – near Yonge And Eglinton
• Condos – near Corso Italia
• Condos – near Stockyards District
• Condos – near Mimico
• Condos – near Old Mill
• Condos – near Downtown Markham
• Condos – near Aga Khan Museum
• Condos – near Galleria Mall
• Condos – near Fairview Mall
• Condos – near Yorkdale
• Condos – near Bayview Village
• Condos – near Golden Mile
• Condos – near Eaton Centre
• Condos – near U of T
• Condos – near Ryerson
• Condos – near York U
• Condos - near Queen's U
• Browse Homes
• Mississauga
• Richmond Hill
• GTA Freehold Homes
• VIP New Condos
• VIP New Townhomes
• Move-in-Ready Condos
• Move-in-Ready Townhomes
• New Condos Coming Soon
• New Townhomes Coming Soon
• Compare Developments
• Compare Floor Plans
• Assignments
• PurchaseAlert
• Neighbourhood
• Sales Status
• Construction Status
• Occupancy Date
• Condo Amenities
• Product Type
• Price Range
• Price / sq ft
• Size (sq ft)
• Transit Score

Oakville Assignments For Sale

• Real Estate Agents
• Terms of Use
• Join the Conversation

21 New Construction Detached & Townhomes in Burlington ( 2024 )

21 new pre construction detached, townhomes, or condos for sale in burlington , ontario | check out plans, pricing, availability for preconstruction homes in burlington.

1. 1989 Appleby Line Condos

Pricing not available, 1989 appleby line, burlington, on.

Occupancy Preconstruction

2. Nautique Lakefront Residences

Starting from low $661.99k, 374 martha street, burlington, on.

Occupancy Feb 2024

3. Nautique Penthouse Collection

Starting from low $599.99k.

Occupancy Est. 2024

4. Millcroft Grove Homes

Millcroft park drive & sarazen drive, burlington, on, canada.

Occupancy TBD

5. North Shore Condos

Starting from low $499.99k, 490 plains road east, burlington, on.

6. 35 Plains Road

35 plains road east, burlington, on.

7. Waterdown Road Condos

Expand map waterdown road & plains road east, burlington, on.

8. Prestige Shoreacres

Starting from low $2.8m, 4417 spruce avenue, burlington, on.

Occupancy Completed Mar 2021

9. Masonry Court Condos

Waterdown road & masonry court, burlington, on.

10. Bellview by the Lake

1167 bellview crescent, burlington, on.

11. The Waldemar

422 guelph line, burlington, on.

12. Burlington Waterfront Condos

2101 old lakeshore road, burlington, ontario l7r 1a4, canada.

Occupancy TBA

13. Fairview GO

5111 fairview street, burlington, on.

14. Paradigm Grand Condos

2089 fairview st 2089 fairview st, burlington, on l7r 2c8, canada.

15. Illumina Condos

Starting from low $760k, 500 brock avenue, burlington, on.

Occupancy Est. Sept 2022

16. Millcroft Towns

2511 taywood drive, burlington, on, canada.

17. The Berkeley Condominiums

Starting from low $510k, 2025 maria street, burlington, on.

Occupancy Completed Summer 2018

18. Realm Condos

Starting from low $696.99k, 4853 thomas alton boulevard, burlington, on.

Occupancy Est. Jul 2024

19. Gallery Condos and Lofts

Starting from low $899k, 421 brant street, burlington, on.

Occupancy May 2022

20. BeauSoleil Condos

Starting from low $400k, 2069 lakeshore road, burlington, on.

21. Martha James Condominiums

2088 james street, burlington, on.

Page 1 of 21 Results

Be Smart. Be Quick

Get in the line before someone else does.

Bay Street Group

Speak to an expert agent

Homebaba is an online pre-construction homes database. Homebaba curates the list of projects that are publicly available on internet and does not take part in any real estate transactions. Be advised the information provided on this page could be outdated or inaccurate. By submitting above form you consent the real estate agents advertising on this page to connect with you. We may share your info to our partners or advertisers to help you with your questions. You can unsubscribe at any time by emailing us.

See nearby new construction Condos, Detached & Townhouses near Burlington

The Jake Condo

101 golden eagle road, waterloo, on.

Occupancy 2023

Starting from low $949.99K

Muriel street & gorham street, newmarket, on.

Devonshire Park

Starting from low $537.55k, 31 sheilagh ball cove, winnipeg, mb.

Vidal Condominiums

101 bayly street east, ajax, on, canada.

Occupancy 2024

Electric Ave

Rymal road east, hamilton, on.

Park & Main Towns

17 anna russell way, markham, on, canada.

6444 Silver Avenue Condos & Townhomes

6444 silver avenue, burnaby, bc.

Hewitt's Gate

Starting from low $649.99k, hewitt's gate community | hay lane, barrie, on.

Twelve at Norquay Park Towns

Starting from low $1.2m, 5080 chambers street, vancouver, bc.

Occupancy Est. Compl. Fall 2023

Sora At The Glade

Starting from low $1.08m, the glade community | 300 grange road, guelph, on, new pre-construction homes available in burlington, explore the latest offerings of pre-construction homes in burlington , ontario. discover a range of new construction detached houses, townhomes, and condos for sale or upcoming in burlington. whether you're seeking a cozy one-bedroom unit or a spacious three-bedroom home, there are pre-construction condos and townhomes available in burlington to suit your needs. additionally, parking spaces and lockers may be available for sale separately or included with a condo unit. don't miss out on the opportunity to secure your dream home in burlington's thriving real estate market., north shore condos  :, north shore is a new condo and townhouse development by national homes currently in preconstruction at 490 plains road east, burlington. available units start from $499,990. 1 bedroom condos from $499,990 2 & 3 bedroom condos also available, 35 plains road  : , 35 plains road is a new condo development by janik group currently in preconstruction at 35 plains road east, burlington. project location: burlington 35 plains road east, burlington, on postal code: l7t 2b8 completion : tbd developed by: janik group project status: upcoming no of units: 0, waterdown road condos  : , waterdown road condos is a new condo development by anbros financial corporation currently in preconstruction at waterdown road & plains road east, burlington. waterdown road condos has a total of 295 units. 29 storey mixed-use residential condominium development containing 295 residential units with commercial at grade. development is currently in the approval stage. project location: burlington expand map waterdown road & plains road east, burlington, on postal code: l7t 2b8 completion : tbd developed by: anbros financial corporation project status: upcoming no of units: 295, beausoleil condos  : , beausoleil condos is a new condo development  by   carriage gate homes   currently in preconstruction at 2069 lakeshore road, burlington. available units start from the high $400,000's. beausoleil condos has a total of 291 units. project location: burlington 2069 lakeshore road, burlington, on postal code: l7r 1e2 completion : tbd developed by:  carriage gate homes project status:  upcoming no of units: 291, see all the pre construction condos for sale nearby, preconstruction condos in brampton preconstruction condos in toronto preconstruction condos in mississauga preconstruction condos in markham preconstruction condos in scarborough preconstruction condos in kitchener preconstruction condos in waterloo preconstruction condos in cambridge preconstruction condos in vaughan preconstruction condos in oakville preconstruction condos in ajax preconstruction condos in niagara preconstruction condos in innisfil preconstruction condos in thorold preconstruction condos in calgary preconstruction condos in ottawa preconstruction condos in oshawa preconstruction condos in barrie preconstruction condos in hamilton preconstruction condos in london preconstruction condos in guelph preconstruction condos in vancouver preconstruction condos in burnaby preconstruction condos in surrey preconstruction condos in pickering preconstruction condos in stouffville preconstruction condos in edmonton preconstruction condos in montreal preconstruction condos in stratford preconstruction condos in north york preconstruction condos in langley preconstruction condos in north vancouver preconstruction condos in coquitlam preconstruction condos in stoney creek burlington.

Burlington is the only allied city of Regional Municipality of Halton, Ontario. The city resides in the heart of southern Ontario and northwestern end of Lake Ontario. It is also a part of GTA and is included in the Hamilton Metropolitan Census Area. It covers an area of 185.6 Sq. Km and lies close to the US border . It is one of the most liveable cities in Canada.

Burlington is ranked as Canada’s best community and best place to raise a family by Maclean’s magazine.

Life in Burlington Neighbourhoods

Burlington is a charming waterfront city which neighbours the city of toronto and hamilton. it is an industrial city and its thriving industries add even more opportunities within the city. it has a perfect balance of vibrant city life and tranquil family neighborhoods. the city offers adequate world class urban amenities which helps the resident to live a well balanced life. the city also has diverse neighbourhoods which are suitable for people with different preferences.    festivals in burlington sound of music festival appleby line street festival canada day kite festival children’s festival burlington remembers juno 75, leading neighbourhoods in burlington.

Downtown Burlington

The centre of the city undoubtedly has phenomenal facilities, but it comes with a heavier price tag. Downtown Burlington also offers waterfront amenities with the stunning view of Lake Ontario.

Alton Village

It is somewhat far from the centre of Burlington, but a perfect community to affordably raise a family in a tranquil and safe environment. It provides easy access to all sorts of amenities.

It is especially popular among the people who want to stay close to Toronto. It offers fantastic facilities and enormous outdoor space to live an active peaceful community life.

It is a thriving community popular for its affordable housing and quick access to downtown Burlington, Burlington GO station, Great educational facilities, and QEW.  

It is closer to downtown Burlington and resides right on Lake Ontario. It is home to some of the top ranked academic institutions of Burlington and offers a wonderful family life.  

Elizabeth Gardens

It offers a wide selection of affordable housing as per your requirement. It is located by Lake Ontario which allows you to enjoy your evening walks, bike rides, and birdwatching  along the waterfront.

Brant Hills

It is admired for its quiet meandering tree-lined streets and family friendly community life. It provides easy access to quality education and recreational amenities to assist a well balanced life.

 House Market of Burlington

Burlington is a rapidly growing city and Toronto residents are getting allured towards it thanks to the more affordable housing as compared to Toronto. However, Properties are still costly to purchase. The Real Estate Market of Burlington is hotter than ever with expected rise in prices of houses by 7% in near future. The city offers a wide selection of restaurants, different forms of art, vibrant festivals, and loads of green spaces. Due to all these factors, the rise in demand for houses is consistent.

The average price for a residential property in Burlington is $928k across all property types.

Single detached houses are the most commonly sold property type in Burlington.

Mortgage and down payment details

Mortgage rate tremendously differs depending on your mortgage term, lender, mortgage type, insurance and down payment. however, you will encounter competitive brokers, lenders, and banks which will help you get the best mortgage rates.  as for the minimum downpayment in order to receive burlington mortgage, you must pay 5% down payment. down payment below 20% will require you to pay for mortgage insurance. property taxes and other taxes details: property tax amounts vary corresponding to the value of your property. it is completely based on the assessed value of your home as determined by municipal property assessment corporation(mpac). municipal tax and education tax together make up for total property tax. the final property tax rate of burlington as of 2020 is 0.76053%. land transfer tax(ltt):  land transfer tax is implied to you whenever you buy a house, or land in burlington which is due upon closing. since it is a marginal tax, different portions of your house’s/ land’s value are taxed at their own respective rate. family life and education burlington is an incredible place to raise a family. its neighbourhoods are well facilitated and perfectly safe for kids. the educational amenities are no issue since it is home to some of the top quality institutions. it also offers plenty of open space along with ample recreational provisions to live with a family and lead an active life.   popular academic institutions of burlington john t tuck public school ( k- 8) alton village public school (k - 8) nelson school (9 -12) dr frank j hayden school (9-12) charles sturt university burlington educational center trillium college columbia international college, weather of burlington, the annual average temperature of burlington is 9.1 ° c and average annual rainfall is about 38.5 inch. burlington experiences a humid continental climate and is classified as dfa by köppen . summers are warm and humid whereas winters are cold, dry and windy. the city lies in the close proximity to lake ontario which contributes to maintaining the moderate climate. the weather is quite comfortable as compared to most other areas of ontario. the sky is partly cloudy throughout the year., weekend getaways, burlington is an amazing city to live in and definitely will not disappoint you when it comes to wonderful getaway destinations. it sits right in between toronto and niagara falls which widens every prospect. here are some of the visit worthy destination to spend your weekend royal botanical garden royal botanical garden (rbg) is the largest botanical garden in canada and the major attraction of burlington. it shelters huge gardens and you definitely need a vehicle if you wish to explore them all or you can just enjoy your time walking along the gardens and reserve the rest for another trip. burlington waterfront trail burlington waterfront trail is a wonderful place for a family day out, picnics, or even evening walks if you're staying nearby. it features a great walkway trail along the waterfront with the mesmerizing view of lake ontario. you can never have enough of the vibrant environment combined with peace of etill lake. it also offers a mini zip-line for kids, plenty of public space for biking, park, and restaurants at a walking distance. spencer smith park spencer smith park is a stunning park in burlington which makes up for a fantastic location, family day outs or even picnics are great options. it facilitates walking paths, extended grass areas to sit and enjoy the peace, waterfront playground, and splash pad. it also has easy access to restaurants which makes everything more convenient. mount nemo conservation area mount nemo conservation area is an ideal destination for outdoorsy nature enthusiasts. there are hiking trails and paths ranging from easy to more challenging ones. it also facilitates cross country skiing. as a whole, it is a gorgeous place to spend weekends. cherry hill gate cherry hill gate is a nature and wildlife area which is a part of the royal botanical garden. the trail passing through the forest will stumble you with lush greenery, tall trees, chipmunks, and wildlife. it is a source of peaceful experience away from city noises into the nature. historical sales prices of homes in burlington and hamilton single detached the median sale price for single detached homes rose 15.5% on a year-over-year basis to $999,000 in the second quarter of 2022. townhouse the median sale price for townhouse and row units rose 14.1% on a year-over-year basis to $810,000 in the second quarter of 2022. apartment units the median sale price for apartment units rose 23.8% on a year-over-year basis to $620,000 in the second quarter of 2022. *source realtors® association of hamilton and burlington.

Check out more pre construction homes in Burlington

Looking for Assignment for sale in Burlington ? Click the link to see all the available assignments for sale in Burlington.

• Bowmanville
• Collingwood
• Kawartha Lakes

Mississauga

• Orangeville
• Richmond Hill
• Scarborough
• St. Catharines
• Stoney Creek
• Stouffville
• Wasaga Beach

Welcome to Canada's PreConstruction Homes Experts – Your Gateway to your dream home

Nature's Grand - Detached Home

Liv Communities

Occupancy 2023

West Community - Freehold Town

Mountainview Building Group

Timberwood Estates - Freehold Town

Millennium Towns - End Unit

Millennium Towns - Middle Unit

Brightwater II Condos

Diamond Corporation

9560 Islington Condo

Occupancy 2022

7082 Islington Townhome

Primont Homes

Portage Rd Townhome

London Detached Home

Ottawa End-Unit Townhome Assignment

Richmond Detached Home Assignment

List your property.

List Your Assignment Property

Contact details :.

Send us a message

• First Name *
• Last Name *
• Email Address *
• Phone Number * ✓ Valid number ✕ Invalid number
• What do you need help with?
• Phone This field is for validation purposes and should be left unchanged.

• PLATINUM ACCESS
• COMING SOON
• PROMOTIONAL
• PROPERTIES FOR SALE
• PROPERTIES FOR LEASE
• ASSIGNMENTS FOR SALE
• Search by MAP

Available Assignments For Sale

Find the best assignment deals all over the gta here, downtown toronto assignment sale, the saint condos unit  – studio.

Artists’ Alley Condos Unit  – 1 Bedroom 

50 scollard condos unit  – 1 bedroom plus den.

Encore Theatre District Condos Unit  – 1 Bedroom Plus Study

Elevate at logan town unit  – 2 storeys 2 bedroom plus den, _ ________________________________ , scarborough assignment sale , me2 condos unit – 1 bedroom plus den/2 bathroom.

York Assignment Sale 

Daniels firsthome keelesdale 2 condos unit – 1 bedroom plus den.

North York Assignment Sale 

Westline condos unit – 2 bedroom/2 bathroom.

Oshawa Assignment Sale 

Uc tower 2 unit – 1 bedroom/1 bathroom.

UC Tower 2 Unit – 1 Bedroom Plus Flex/1 Bathroom

Whitby assignment sale , highbury gardens potl townhome unit – 4 bedroom plus den/3.5 bathroom.

Mississauga Assignment Sale 

Avia 2 condos – two bedrooms/two bathrooms.

Avia Condos – One Bedrooms/One Bathrooms

Exchange Signature Residences – Two Bedrooms/2 Bathrooms

M City Condos Phase 4 – One Bed Plus Flex

Avia 2 Condos – 2 Bedroom/2 Bathroom

Burlington assignment sale , nautique lakefront condos unit – 1 bedroom/1 bathroom.

Meaford Assignment Sale 

Georgian bay terrace condos unit – 1 bedroom plus den/1 bathroom.

Creemore Assignment Sale 

The brix condos unit – 2 bedroom plus media/2 bathroom.

_________________________________ _________________________________

_______________________________ 

_________________________________ 

CLOVER IN CARRINGTON CONDOS IN NORTHWEST CALG...

LINCOLN TOWER IN DOWNTOWN CALGARY

Connect with us, search by category, view condos by occupancy year.

Condos Occupying in 2022 Condos Occupying in 2023 Condos Occupying in 2024 Condos Occupying in 2025 Condos Occupying in 2026 Condos Occupying in 2027 Condos Occupying in 2028 Condos Occupying in 2029 Condos Occupying in 2030 Condos Occupying in 2031 Condos Occupying in 2032 Note: All dates are tentative.

Recently Launched Condos

Sienna at Thompson Towers

Sienna at Thompson Towers In

EMPIRE LEGACY

Empire Legacy Towns & Homes

THE TOWNS OF LAMBTON MILLS IN ...

The Towns of Lambton Mills

FREED HOTEL & RESIDENCES ...

Freed Hotel & Residences In

INSPIRE MODERN TOWNS IN SCARBO...

Inspire Modern Towns In Scarborough

Coming Soon

CLUB 285 CONDOS IN NORTH YORK

Club 285 Condos In North

CLIFFSIDE CONDOS IN KINGSTON &...

Cliffside Condos In Scarborough By

ENCORE AT BRAVO CONDOS FESTIVA...

Encore at Bravo Condos Festival

AUDEN GRAND TOWNS IN RICHMOND ...

Auden Grand Towns In Richmond

VIOLETTE CONDOS IN CALGARY

Violette Condos In Calgary By

Watch us On Youtube

Connect With Me

Become a fan

Leading Edge CondosDeal Realty Brokerage Independently Owned and Operated 18 Wynford Drive Suite 214 Toronto, ON M3C 3S2 Office: (416) 686-1500 Fax: (416) 946-1815 [email protected]

• Search by Map
• Unit Reservation Form
• Privacy Policy
• 0.7K Fans 0.7K Fans
• 0.1K Followers 0.1K Followers
• 3K Followers 3K Followers
• 0.2K Subscribers 0.2K Subscribers
• Subscribe RSS Feed Subscribe RSS Feed

We are independent real estate Brokers with Century 21 Leading Edge CondosDeal Realty, Brokerage, and we do not represent the builder directly. The content of the pages of this website is for your general information, reference only. We are not liable for the use or misuse of the site’s information. Prices, sizes, specifications, and promotions of the condos are subject to change by the builder without notice. E.&O.E

Address: Century 21 Leading Edge CondosDeal Realty, Brokerage 18 Wynford Drive Suite #214, Toronto, Ontario, M3C 3S2

• RATES & CALCULATORS
• How Assignment Works?
• M City Condos – 1 Bed Plus Den
• Artists’ Valley Condos – 1 Bed
• No55 Mercer Condos – 1 Bed Plus Den
• Sold Assignments
• DAILY MLS LISTING
• Properties for Sale
• Properties For Lease
• Toronto Lofts
• PRIVACY POLICY
• Unit Reservation Form ( Worksheet )
• Condos Deal

See all homes sold in Burlington County, April 8 to April 14

• Updated: Apr. 15, 2024, 12:12 a.m. |
• Published: Apr. 15, 2024, 12:11 a.m.
• Real Estate Newswire

The following is a listing of all home transfers in Burlington County reported from April 8 to April 14. There were 87 transactions posted during this time. During this period, the median sale for the area was a 1,683-square-foot home on East Franklin Avenue in Beverly that sold for $362,567.

309 E. Franklin Ave., Beverly, $362,567, 1,683 square feet, $215 per square-foot.

If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.

Injured Texas Rangers Slugger Hits Home Run In Rehab Game

Texas Rangers first baseman Nathaniel Lowe finally hit a home run as he wrapped up a weekend rehab assignment with Double-A Frisco.

• Author: Matt Postins

In this story:

Injured Texas Rangers first baseman Nathaniel Lowe hit a home run in the third game of his rehab assignment with Double-A Frisco on Sunday.

Lowe hit a two-run home run in the fifth inning, as he finished the game with his best hitting line since he started his rehab on Friday. Lowe was 1-for-3 with 3 RBI, a walk and a run scored.

Lowe and the RoughRiders were hosting the Corpus Christi Hooks, which is the Double-A affiliate of the Houston Astros .

That allowed Lowe to get some cuts against one of the best pitchers in baseball, as Justin Verlander was on his own injury rehab assignment for the Astros on Saturday night.

Verlander got the better of Lowe in two of the three at-bats. Lowe grounded out to second base in the first inning and lined out in the fourth inning.

In between, Lowe drew a walk from Verlander that was part of a six-run third inning for the RoughRiders, as they built an early 6-0 lead.

It was the first time the pair faced each other since Lowe hit a home run off Verlander in Game 5 of the American League Championship Series.

Last time these two faced each other, this happened… Lets see what happens tonight 👀 pic.twitter.com/BE5EpNBsAh — Frisco RoughRiders (@RidersBaseball) April 13, 2024

The RoughRiders, well, roughed up Verlander. He pitched four innings, giving up seven hits, six runs (five earned) and one walk. He struck out three.

As for Lowe, he played his first game in the field on Saturday, manning first base for five innings before he was removed from the game. He went 0-for-2 with a walk and scored a run.

In his first rehab game on Friday, Lowe was the designated hitter and went 0-for-4 with a run scored.

Lowe suffered a right oblique injury while swinging during spring training in early March. His recovery has been similar to center fielder Leody Taveras, who suffered a similar injury early in spring training last season and didn’t return until the second week of the season.

You can find Matthew Postins on X @PostinsPostcard .

Catch up with Inside the Rangers on Facebook and X .  

Latest Rangers News

Former Seattle Mariners, New York Yankees' Star Set to Become Majority Owner of NBA Franchise

Rangers Spring Training Notebook: Wyatt Langford Adds To Historic Spring Debut

Report: A-Rod, Lore Land Backing to Close T-Wolves Ownership Sale

How To Buy Texas Rangers Gold-Trimmed Merchandise

Nathan Eovaldi Likely To Zone Out Texas Rangers Opening Day Celebration