New & Pre-Construction Condos in Toronto

Toronto's pre-construction market is the most active in Canada, with new condo launches across the downtown core, the waterfront, Yonge corridor, and the emerging east and west ends. Buying pre-construction means locking in today's price with an extended deposit runway and first pick of floor plans — often below resale value on completion. Below are the current Toronto launches we hold Platinum VIP access to, plus the neighbourhoods, price bands, and occupancy years to explore.

639 projectsGet VIP pricing

Toronto Pre-Construction Market Snapshot

Computed from the 639 developments we currently track in Toronto.

639
Developments
141
Selling now
$854,445
Median starting price
$399K–$9.2M
Price range

Property types

  • Condo636
  • Loft3

Estimated occupancy

  • 202535 projects
  • 202624 projects
  • 202714 projects
  • 202814 projects
  • 20292 projects

Featured launches

Where the launches are in Toronto

The Toronto pockets with the deepest pre-construction pipelines right now. Each guide lists every live project in that area.

King West · Toronto

Toronto's nightlife-and-design district, where converted warehouses meet glass towers along King Street West.

Liberty Village · Toronto

A dense, young-professional enclave of loft-style condos, cafes, and tech offices west of downtown.

Yorkville · Toronto

Toronto's luxury address — designer boutiques, galleries, and the city's most prestigious condo towers.

The Annex · Toronto

Leafy, historic, and steps from the University of Toronto — a blend of Victorian homes and boutique condos.

Distillery District · Toronto

Cobblestone streets and Victorian-era brick, now one of Toronto's most characterful condo neighbourhoods.

Leslieville · Toronto

East-end favourite known for brunch spots, indie shops, and mid-rise family-friendly condos.

CityPlace & Fort York · Toronto

Toronto's high-density waterfront-adjacent community, with parks, the rail deck, and tower living.

St. Lawrence · Toronto

Home of the St. Lawrence Market — a walkable, historic downtown-east pocket with new mid-rise launches.

Financial District · Toronto

The core of downtown Toronto — PATH-connected towers and premium pre-construction in the business heart.

The Junction · Toronto

A revitalized west-end village of antique shops, breweries, and low-rise condo conversions.

Yonge & Eglinton · Toronto

Midtown's transit hub — the Crosstown LRT and Yonge line meet amid a wave of new towers.

Regent Park · Toronto

One of North America's largest urban revitalizations, blending new condos with parks and community space.

The Danforth · Toronto

Greektown's lively mainstreet — subway-connected mid-rise living in Toronto's east end.

Bloor West Village · Toronto

A charming west-end village near High Park with boutique low-rise condos and family homes.

Buying a pre-construction condo in Toronto: what to know

Toronto condo agreements have a rhythm of their own: a staged deposit, a statutory cooling-off window, an interim occupancy period before the building registers, and a second land transfer tax that only applies inside the city limits. Here is what to check before you sign.

How pre-construction deposits work

Instead of a single down payment, Toronto condo builders collect the deposit in instalments: typically 5 percent on signing, then further 5 percent tranches at set dates, adding up to 15 to 20 percent within the first one to two years, with the balance due on final closing. The schedule is one of the first things to compare between projects, because a longer ladder is easier to fund and a shorter one usually comes with a lower price. Deposits are held in trust and covered by Tarion deposit protection up to the statutory limit. Of the 639 projects we track in Toronto, 141 are selling now, with a median published starting price of $854,445.

The 10-day cooling-off period

Every new condominium purchase agreement in Ontario comes with a 10-day rescission period under the Condominium Act. Buyers use it to have a lawyer review the disclosure statement and the builder's schedules, confirm mortgage pre-approval, and check for caps on closing adjustments. Walk away within the window and the deposit is returned in full; after it, the agreement is firm.

Interim occupancy and final closing

Condo buyers move in, or lease out, at interim occupancy, often months before the building is registered as a condominium corporation. During that period you pay an occupancy fee made up of interest on the unpaid balance, estimated property taxes and maintenance, rather than a mortgage. Final closing, when title transfers and the mortgage funds, follows registration. Across Toronto the projects we track are currently scheduled to occupy in 2025 (35), 2026 (24), 2027 (14), 2028 (14), 2029 (2).

Closing costs, HST and land transfer tax

Ontario land transfer tax applies province-wide, and purchases inside the City of Toronto also pay Toronto's municipal land transfer tax; first-time buyers can claim rebates on both. New construction attracts HST. End users assign the federal and Ontario new housing rebates to the builder, so the advertised price is usually net of them; investors pay the rebate portion at closing and recover it through the new residential rental property rebate after leasing the unit for a year. Budget separately for legal fees, utility connections and the adjustments for development charges and levies, and ask for those adjustments to be capped in the agreement.

Assignments before closing

Many buyers sell their agreement before the building completes. Whether you can depends on the builder's assignment clause and fee, and the profit on an assignment is taxable. Our assignment guides explain the mechanics city by city, and registered buyers in Toronto are told when a builder opens or closes its assignment window.

By property type

By occupancy year

By price

By city

Buyer guides for Toronto

Frequently asked questions

How many pre-construction projects are in Toronto right now?+

We currently track 639 live pre-construction projects in Toronto, 141 of them actively selling. The list updates as builders launch and sell out.

What do pre-construction condos in Toronto cost?+

Across 158 projects with published pricing, starting prices run from $399,000 to $9,245,200, with a median of $854,445. Register on any project page for the current price list.

How long does a Toronto pre-construction condo take to complete?+

Most downtown high-rises take three to five years from launch to occupancy; mid-rise and boutique buildings are often quicker. Every project page shows the builder's current estimated occupancy date, and registered buyers are told when it moves.

Do I need a mortgage pre-approval to buy pre-construction in Toronto?+

Not to sign. Builders typically ask for a mortgage pre-approval letter in the weeks after signing, and the mortgage itself is arranged closer to final closing, which can be years later. Rates are not locked at signing.

How much do new condos in Toronto cost?+

New pre-construction condos in Toronto generally run from the high $400,000s for entry studios and one-bedrooms up to several million for larger downtown suites, roughly $1,200–$1,500 per square foot depending on location and builder. Register for the current price list on any project page.

Why buy a pre-construction condo instead of resale?+

Pre-construction lets you buy at today's price with a staged deposit (often 15–20% over several years), choose the best floor plans and views before public release, and benefit from appreciation between purchase and occupancy. Royale Realty clients get Platinum VIP allocations ahead of the general public.

Get Platinum VIP access

Royale Realty Brokerage secures floor plans, pricing, and unit allocations ahead of public release. Register free — Geeta Mistry & Jasbir Seeder walk you through every step.

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