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Pre-construction assignmentby Lux Homes Design &
2 Bed, 2 Bath Lots & Land in Thames Centre
About 24 Purple Beech Street
Pre-construction detached bungalow to be built by Lux Homes Design & Build, offering 1,501 sq ft of functional living space. The main floor features an open concept layout with a modern kitchen connected to the living and dining areas. The primary bedroom includes a walk-in closet and private ensuite. A second bedroom and full main bathroom provide additional accommodation. The unfinished basement offers future development potential or storage, with an option to finish at an additional cost. Additional features include an attached garage with inside access to a mudroom. Located in a growing community minutes from London, with nearby parks, schools, and everyday amenities. Flexible closing dates available. Home to be built. Photos are renderings. See Buyers Guide in this listing for additional information. Purchase price reflects the 13% HST rebate, subject to Buyer qualification and assignment to the Seller
2 bedrooms, 2 bathrooms, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
How assignment sales work
What changes when you buy a builder contract instead of a finished home: HST, deposits, builder consent — each checked against its official source.
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What an assignment is
An assignment sale is when the original buyer of a new, not-yet-completed home (the assignor) sells their rights and obligations under the agreement of purchase and sale with the builder to someone else (the assignee), who then closes with the builder.
Since May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are taxable for GST/HST. For assignment agreements entered into after May 6, 2022, an amount that reimburses the assignor's deposit to the builder can be excluded from the taxable amount when the assignment agreement states that part of the price is for that deposit reimbursement.
On a new condominium unit, the builder must hold deposit money in trust under the Condominium Act, and the new home warranty protects up to $20,000 if a deposit was not placed in trust. On a new freehold home, Tarion covers the deposit up to $60,000 on homes priced at $600,000 or less, and 10% of the price up to $100,000 above that.
Whether a unit can be assigned, and on what terms (for example the builder's written consent or an assignment fee), is set by the assignment clause of the original agreement of purchase and sale. Read that clause, with a lawyer, before you commit.
Checked against the sources above on 2026-09-25. Not legal or tax advice.
Ask before you offer
This listing's description doesn't state the original purchase price, how much deposit is paid, the occupancy date or the builder's assignment fee. The full package (the original agreement and deposit receipts) answers these.
Selling an assignment?
List it free with Summitly — your contact details stay private and a licensed agent handles every buyer.
From the listing remarksMLS® listings have no structured assignment fields, so these figures are read from the listing agent's description. We show only what it states clearly — confirm every number against the agreement of purchase and sale and the assignment agreement before you commit.
Builder
Lux Homes Design &
“Pre-construction detached bungalow to be built by Lux Homes Design & Build, offering 1,501 sq ft of functional living space.”
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
24 Purple Beech St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13619864$645,980
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 24 Purple Beech St Compares to the Thames Centre Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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How long is your commute?
From 24 Purple Beech St. Typical times without traffic delays; transit times aren't available yet.
Book a tour of 24 Purple Beech St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
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Ask about 24 Purple Beech St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Thames Centre
Other 3-bed homes for sale in Thames Centre around $646K.
Average days on market69Homes sold in about 69 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings140Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 68 sales from Jul 17 – Oct 15, 2026 (52 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 24 Purple Beech St
Is 24 Purple Beech St an assignment sale?
Yes. The listing describes it as an assignment: the original buyer is selling their contract with the builder, and the buyer who takes it over closes with the builder.
How much cash do I need to buy 24 Purple Beech St?
On an assignment you typically repay the original buyer's deposit and pay any markup when the assignment is signed, then pay the builder the balance at final closing, usually with a mortgage. This listing doesn't state enough figures to work out the amounts — ask for the full package.
Is HST charged on an assignment sale?
Since May 7, 2022, assignment sales of new residential homes are taxable for GST/HST (CRA info sheet GI-120). The part of the price that reimburses the original buyer's deposit can be excluded from the taxable amount when the assignment agreement says so.
Does the builder have to approve an assignment?
Usually the original agreement of purchase and sale sets whether the unit can be assigned and on what terms — often the builder's written consent and an assignment fee. Read that clause with a lawyer before you commit.
How much is 24 Purple Beech St listed for?
24 Purple Beech St is listed at $645,980 (MLS® X13619864). Summitly updates the price as soon as the MLS® record changes.
Has the price of 24 Purple Beech St changed?
No — 24 Purple Beech St is still listed at its original asking price of $645,980.
How many bedrooms and bathrooms does 24 Purple Beech St have?
24 Purple Beech St has 2 bedrooms and 2 bathrooms. It is a lot in Thames Centre.
How does 24 Purple Beech St compare with other homes in Thames Centre?
Its asking price of $645,980 is about 17% below the median sold price in Thames Centre over the last 90 days, $777,500, across 68 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Where is 24 Purple Beech St?
24 Purple Beech St is in Thames Centre, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 24 Purple Beech St been on the market?
77 days — 24 Purple Beech St was listed on July 30, 2026.
