Buying
Deposit schedules on Vaughan new homes
3 min readPublished
Quick answer
Two Vaughan builders have published deposit schedules. Paradise's Weston Woods asks $80,000, $120,000, $140,000 over 180 days, by collection. Arista's Vellore Trails asks $90,000 on urban and $120,000 on street townhomes over 150 days. Opus, Deco and Fieldgate have not published theirs.
Key facts: deposit schedules on Vaughan new homes
| Weston Woods, Weston & Woods Collections | $80,000: $15,000 with the offer, $15,000 in 30 days, $15,000 in 60 days, $15,000 in 150 days, $20,000 in 180 days |
|---|---|
| Weston Woods, 30' Detached | $120,000: $20,000 with the offer, $20,000 in 30 days, $20,000 in 60 days, $30,000 in 150 days, $30,000 in 180 days |
| Weston Woods, 38' Detached | $140,000: $20,000 with the offer, $25,000 in 30 days, $25,000 in 60 days, $35,000 in 150 days, $35,000 in 180 days |
| Vellore Trails, urban townhomes | $90,000: $20,000 with offer, $20,000 30 days, $20,000 60 days, $10,000 90 days, $10,000 120 days, $10,000 150 days |
| Vellore Trails, street townhomes | $120,000: $20,000 with offer, $20,000 30 days, $20,000 60 days, $20,000 90 days, $20,000 120 days, $20,000 150 days |
| Opus, Deco, Fieldgate | Not yet published |
What deposits do Vaughan builders ask for?
A deposit is the money you pay in instalments after you sign, before closing. Each builder sets its own schedule. These are the ones published as of the date we read each builder's materials.
- Weston Woods, Weston & Woods Collections: $80,000 in 5 instalments ($15,000 with the offer, $15,000 in 30 days, $15,000 in 60 days, $15,000 in 150 days, $20,000 in 180 days)
- Weston Woods, 30' Detached: $120,000 in 5 instalments ($20,000 with the offer, $20,000 in 30 days, $20,000 in 60 days, $30,000 in 150 days, $30,000 in 180 days)
- Weston Woods, 38' Detached: $140,000 in 5 instalments ($20,000 with the offer, $25,000 in 30 days, $25,000 in 60 days, $35,000 in 150 days, $35,000 in 180 days)
- Vellore Trails, urban townhomes: $90,000 in six instalments ($20,000 with offer, $20,000 30 days, $20,000 60 days, $10,000 90 days, $10,000 120 days, $10,000 150 days)
- Vellore Trails, street townhomes: $120,000 in six instalments ($20,000 with offer, $20,000 30 days, $20,000 60 days, $20,000 90 days, $20,000 120 days, $20,000 150 days)
Which builders have not published a deposit schedule?
Opus and Deco have not published deposits for Bridgelands or Deco's Kleinburg community. Fieldgate has not published one for UpTown Woodbridge. We do not estimate them. Ask each builder for the schedule in writing before you register interest and again before you sign.
Arista's handout is dated by file name only (the deposit handout 0609). Confirm it is current.
How much of a freehold deposit does Tarion protect?
Tarion protects a freehold deposit up to $60,000 on a home priced at or below $600,000. Above that, 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.
Weston & Woods Collections: the $80,000 deposit is within Tarion's $84,999 cap on the lowest-priced home ($849,990).
30' Detached: the $120,000 deposit is $20,000 above Tarion's $100,000 cap on the lowest-priced home ($1,219,990).
38' Detached: the $140,000 deposit is $40,000 above Tarion's $100,000 cap on the lowest-priced home ($1,474,990).
Arista has not published prices, so the cap on its homes cannot be worked out yet. The cap reaches $90,000 only on a home priced at $900,000 or more, and never exceeds $100,000, so the $120,000 street-town deposit is above the cap at any price.
What happens to the part of the deposit above the cap?
Money above the cap is not lost, but Tarion does not protect it. Ask the builder and your lawyer who holds the excess and whether it is held in trust or covered by deposit insurance. Get the answer in writing.
Condo deposits work differently. See the freehold versus condo guide.
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.
Key takeaways: deposit schedules on Vaughan new homes
- Weston Woods deposits run $80,000, $120,000, $140,000 over 180 days, by collection.
- Arista's Vellore Trails asks $90,000 (urban) and $120,000 (street) over 150 days.
- Opus, Deco and Fieldgate have not published deposit schedules.
- Tarion's freehold cap tops out at $100,000.
- Ask who holds any amount above the cap, in writing.
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Deposit schedules on Vaughan new homes: frequently asked questions
How much is the deposit on a new home in Vaughan?
It depends on the builder. Published schedules: Weston Woods $80,000, $120,000, $140,000; Arista's Vellore Trails $90,000 or $120,000. Others have not published theirs.
Does Tarion cover my whole deposit?
Not always. For a freehold home above $600,000, Tarion's cap is 10% of the price to a maximum of $100,000. Deposits above the cap rely on the builder.
Do I pay the whole deposit when I sign?
No. Both published schedules split the deposit into instalments. Weston Woods asks for part at signing and the rest over 180 days. Arista's Vellore Trails asks for part at signing and the rest over 150 days.
What should I bring to sign?
Arista's handout lists a certified cheque or bank draft for the first deposit, post-dated cheques for the rest, a mortgage pre-approval and two pieces of photo ID. Paradise lists its own accepted ID. Ask your builder for its list.
Sources
- Weston Woods price list, effective October 5, 2026 — Paradise Developments (accessed November 11, 2026)
- Vellore Trails deposit structure handout — Arista Homes (accessed November 11, 2026)
- Vellore Trails bonus handout — Arista Homes (accessed November 11, 2026)
- How does deposit protection work on new homes? — Tarion (accessed November 11, 2026)
- Just bought a new home? Register it with Tarion (accessed November 11, 2026)
Published by Summitly, the website of Coldwell Banker Summit Realty, Brokerage, registered with the Real Estate Council of Ontario (RECO); an independently owned and operated Coldwell Banker franchise. Broker of Record: Waqar Afzal. Questions or corrections: our contact form. How we write and check these pages: editorial policy.
Cite this guide
Summitly Editorial. (2026, November 11). Deposit schedules on Vaughan new homes. Summitly (Coldwell Banker Summit Realty, Brokerage). https://www.summitly.ca/guides/vaughan-new-home-deposit-schedules
Guide URLs never change. Section links are stable too.
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