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Toronto New Homes & Townhomes for Sale in Pre Construction

Toronto continues to be one of Canada’s most dynamic housing markets, with new homes, pre-construction condos, and townhomes for sale across every corner of the city. From modern high-rise developments downtown to family-friendly townhome communities in Etobicoke, Scarborough, and North York, today’s pre-construction projects combine convenience, design, and long-term value.

Why Buy a Pre-Construction Home in Toronto?

Purchasing a home before it’s built offers unique benefits:

  • Early Pricing: Secure your property at today’s price, often below future market value.
  • Flexible Payments: Deposit structures typically spread out over the construction period.
  • Modern Features: Energy-efficient builds, smart home technology, and updated layouts designed for modern living.
  • Customization: Choose finishes, floorplans, and upgrades that fit your lifestyle.

According to Statistics Canada, Ontario recorded 74,573 housing starts in 2024, down from 99,566 in 2021. This represents a notable decline in new housing supply at the provincial level. Market observers suggest that with fewer projects breaking ground, presale units in high-demand areas like Toronto may carry additional scarcity value and potential for long-term appreciation.

Toronto New Townhomes for Sale

Townhomes remain one of the most popular pre-construction options for families who want more space without leaving the city. New townhome communities in Toronto typically feature:

  • Multi-level layouts with private entrances.
  • More square footage compared to most new condos.
  • Access to schools, parks, and transit in established neighbourhoods.

TRREB’s Market Watch shows that townhome prices in the GTA grew by 4.8% year-over-year (July 2025), reflecting strong demand in suburban and midtown communities.

Toronto New Homes: Detached & Semi-Detached Options

While supply is limited, new detached and semi-detached homes in Toronto are still available in select master-planned communities. These homes offer:

  • Private backyards and more living space.
  • Greater long-term resale potential.
  • Family-oriented neighbourhoods with community amenities.

According to Statistics Canada, detached housing starts in Ontario declined from 22,682 units in 2020 to 15,018 units in 2024 — a 34% drop over four years. While this provincial data does not distinguish between urban and suburban areas, many analysts view the downward trend as a signal of tightening supply for new detached homes, particularly within larger city limits.

What to Know Before Buying Pre-Construction

Buying a new or presale home comes with important considerations:

  • Cooling-Off Period: Most condo buyers in Ontario have 10 days to review their purchase with a lawyer.
  • Closing Costs: Expect additional expenses such as development charges, legal fees, and HST (with rebates available for qualifying buyers).
  • TARION Warranty: All new homes in Ontario are protected under TARION, covering construction quality and materials.
  • Assignment Sales: Some buyers choose to resell their contract before completion — but restrictions vary by project.

Explore Listings of Toronto New Homes & Townhomes

Browse our exclusive collection of pre-construction homes, new build townhomes, and presale condos in Toronto. Whether you’re looking to invest, downsize, or move into your first home, these projects provide a chance to secure modern living in one of Canada’s fastest-growing cities.

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This page is published by PropertyMesh.ca, operated under INTERNATIONAL REALTY FIRM, INC., Brokerage (RECO Registration #4799095). Content reviewed by Faiza Ahmed, Broker (RECO Registration #4791581, TRREB Member).

Disclaimer

Information provided on this page is for general purposes only and should not be considered legal, financial, or investment advice. Market data is sourced from the Toronto Regional Real Estate Board (TRREB) and Statistics Canada. Buyers should always consult with a lawyer, mortgage advisor, and licensed REALTOR® before making a purchase decision.