List your assignment free — we find the buyer

Yes. There is no fee to list your assignment with Summitly and no obligation to accept any offer. If your assignment sells through us, a commission is payable, at the rate agreed with you in writing before any marketing begins. Builder fees, your lawyer's fees and any HST are separate.

No. Your contact details are never published. Buyers who are interested in your assignment contact Summitly, not you, and our licensed team handles every question, showing request and offer on your behalf.

It depends on your contract. Your Agreement of Purchase and Sale decides whether, and where, the assignment can be advertised. Many restrict public advertising, including on MLS® and Realtor.ca, or need the builder's written consent first, and breaching that clause can put your contract and deposit at risk. That's why our form asks what your agreement or builder allows: we advertise publicly only when it's permitted, list as "Builder consent pending" without your unit number while you wait, or market privately to our buyer network when it's restricted. Have your lawyer review the clause.

Listing and selling are different steps. To advertise, your Agreement of Purchase and Sale must allow it — many restrict public marketing. To complete the sale, most agreements require the builder's written consent, and some charge a fee or allow only one assignment. We ask about your assignment clause before marketing begins and coordinate the consent request once you accept an offer. Have your lawyer review the clause.

Only if your agreement allows it. Many builders prohibit public advertising of assignments, including on MLS® and Realtor.ca, and breaching that clause can put your contract and deposit at risk. Where public advertising isn't permitted, we market your assignment privately to our active buyer network instead.

Often. Many builders charge an assignment or administration fee to consent to an assignment, and the amount is set by your purchase agreement or the builder's policy, so it varies by project. Check your agreement's assignment clause, or send it to us with your listing and we'll point out the relevant terms.

$99 plus applicable tax for 30 days, and it's optional: your listing stays free without it. Featured shows a verified, live listing first on its city and province pages with a gold Featured ribbon. It's a one-time purchase that doesn't renew automatically, and it's non-refundable, including if the unit sells or you withdraw the listing early, except where the law requires a refund.

Self-listing opens province by province, as we line up a licensed brokerage partner in each one. It's open in Ontario now. In other provinces you can join the waitlist on that province's assignments page and we'll tell you when listing opens. GST or HST applies to assignments of new homes everywhere in Canada (plus QST in Quebec), and the paperwork and who closes the deal change by province.

Since May 7, 2022, assignment sales of newly constructed or substantially renovated residential housing in Canada are taxable for GST/HST purposes. HST generally applies to the consideration for the assignment, excluding an amount that reimburses your deposit to the builder when the assignment agreement states that amount separately in writing (CRA GST/HST Info Sheet GI-120). Your profit may be a capital gain or business income depending on your intent, and under the federal residential property flipping rule, profit on housing — including a right to buy housing — held for less than 365 days is generally treated as business income unless an exemption applies (Canada Revenue Agency). This is general information, not tax advice — speak to an accountant before you assign.

Assigning your contract can be one way out, but it has to be completed before your closing date and depends on finding a buyer and on your builder's consent. If you neither close nor assign, you remain bound by your agreement and could lose your deposit and face further claims. Talk to your real estate lawyer early and list as soon as you can, so there is time to find a buyer.

It depends on your price, the project, the occupancy date and the market, so no one can promise a timeline. Builder consent adds time after you accept an offer, and how long it takes depends on the builder. Listing well before your closing date gives you the most options.

Yes. Tell us and we'll take your assignment off the market. Listing is free, so there is nothing to pay to withdraw before a sale, subject only to anything you've agreed with us in writing. Once you've accepted a buyer's offer, the terms of that agreement apply.