Buying from Opus Homes through a realtor: cash-back and registration

Do I need a realtor to buy from Opus Homes?

No. You can buy from Opus Homes directly. The sales team at a builder's office works for the builder. A realtor of your own represents you, and Ontario's rules for that are set by RECO.

A buyer representation agreement has to be in writing and given to you before you make an offer. RECO says it sets out the services, what you will pay, how it can end and an expiry date. RECO's buyers' checklist also says to get any rebate or incentive an agent offers documented in writing.

How does the Summitly cash-back work with Opus Homes?

These are Summitly's published terms for Opus Homes. The offer is limited-time, so check the Opus Homes page for the current version before you rely on it.

Summitly Cash-Back: when you buy a new home at Bridgelands with Summitly (Coldwell Banker Summit Realty, Brokerage) as your registered buyer's agent, Summitly pays you 1% of the home's final purchase price after closing. You must register with Summitly before your first visit to the sales office or any contact with Opus Homes, and Summitly must be named on your agreement of purchase and sale. The cash-back is Summitly's offer, not a builder discount: it is offered by Summitly, not by Opus Homes, and does not change the builder's price. Limited-time offer; it can end at any time without notice, and purchases already registered with us keep it. Full terms are set out in writing in your buyer representation agreement. Ask your lender how a cash-back is treated on your mortgage.

• Opus Homes in Vaughan: communities and registration →

Why register with Summitly before visiting Opus Homes?

The terms above tie the cash-back to registering before your first visit to a sales office or any contact with Opus Homes. Opus's Bridgelands registration form asks whether you are working with an agent, so registering with Opus first means answering that question without Summitly on record.

Register first, then visit. A visit, a call or a web form sent to the builder before you register can end your eligibility.

What should I ask Opus Homes before I sign?

Opus Homes has not published everything. prices and price list, deposit structure, builder incentives, closing or occupancy dates, floor plans are not yet published, so ask for each in writing:

• The written price list and the date it takes effect
• The deposit schedule, who holds the deposit and how much Tarion protects
• That the builder will register your purchase with Tarion
• What the price includes (HST, education levies, development charges, lot and elevation premiums)
• The closing or occupancy date and what happens if it moves

• Deposit schedules on Vaughan new homes →
• New-home closing costs in Ontario →
• Pre-construction deposit structure in Ontario →

What does Tarion protect on a freehold deposit?

Tarion protects a freehold deposit up to $60,000 on a home priced at or below $600,000. Above that price the cap is 10% of the price, to a maximum of $100,000. Freehold buyers signing on or after 2026-04-01 must have the purchase registered with Tarion within 45 days.

This guide is general information, not legal or tax advice. Rules change and every agreement is different, so have a real estate lawyer review your agreement and speak to an accountant about tax before you sign.

• What Opus Homes builds in Vaughan →