New Construction refers to residential or commercial properties that have been newly built and are being sold for the first time, offering Canadian investors the advantage of modern building standards, warranty protections, and potential appreciation as the property enters the market. For investors, new construction provides opportunities for capital gains, customization options, and often incentives from developers, though it may involve longer closing timelines and construction risk compared to resale properties.
Related Articles
- Closing Day Checklist: What to Bring & Expect
Complete closing day checklist for Canadian real estate investors. What to bring, documents to sign, costs, and how to prepare for your property purchase.
- MLI Select for New Construction: Developer Guide
Use CMHC MLI Select for new apartment construction. Design for maximum points, navigate approval, and access 95% financing with 50-year amortization.
- Ontario HST Rebate on New Homes: Save Up to $130,000
Ontario's HST waiver on new homes saves buyers up to $130,000. Stack with the CMHC Energy Star rebate for even bigger savings.
- Spot Recession's End: Real Estate Recovery Signals
Learn to identify recession recovery signals and position your Canadian real estate investments for maximum returns as markets turn upward.