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Pre-construction · Aurora

Pre-Construction Condos in Aurora

Aurora has 25 new condo projects on Summitly — 25 launching or taking registrations.

Coldwell Banker Summit Realty, BrokerageLast updated

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New condos in Aurora

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25 projects · Recommended

New condos in Aurora at a glance

New condos in Aurora at a glance
Projects tracked25
Launching / VIP registration25

Summitly tracking, updated Sep 30, 2026. Prices are builder-published starting prices; deposits are read from each builder's published schedule.

Aurora pre-construction by home type

Before you buy in Aurora

  1. 01Deposit structuresHow much you pay, when it is due, and how deposits are protected. Ontario freehold deposits have Tarion protection up to $60,000 for homes priced at $600,000 or less and $100,000 above that; condo deposits are held in trust, with Tarion coverage up to $20,000 if not.
  2. 02The 10-day cooling-off periodYour right to cancel a new condo purchase within 10 days of receiving the signed agreement and the disclosure statement (Condominium Act, 1998, s.73). Freehold homes and assignments have no statutory cooling-off period.
  3. 03HST rebate on new homesWho qualifies for the federal and Ontario rebates, and what they are worth.
  4. 04Tarion new home warrantyWhat the warranty covers, including compensation for delayed occupancy.
  5. 05Closing costs and leviesDevelopment charges, levies and everything due on closing day.
  6. 06VIP and Platinum accessWhat early access really means and how unit allocations work.

Deposit calculator

What you pay, and when

You don’t pay it all at once. Pick a price and a typical structure.

20% in total, paid in 5 payments before you close.

Total deposit before you close

$120,000

Balance at closing (mortgage + cash)

$480,000

Deposit schedule for a $600,000 purchase
PaymentWhenRuleOn $600,000
On signingOn signing$5,000$5,000
Balance to 5%30 daysDec 11, 2026Balance to 5%$25,000
5%120 daysMar 11, 20275%$30,000
5%365 daysNov 11, 20275%$30,000
5%540 daysMay 4, 20285%$30,000
Total (20%)$120,000

Deposits on new Ontario homes are held in trust and protected by Tarion up to set limits; condo deposits are also protected under the Condominium Act. Your agreement of purchase and sale sets the exact amounts and dates.

These are typical shapes, not any builder’s offer; each project page uses the builder’s own schedule. Before closing you may also owe development charges and levies.

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Questions

Aurora pre-construction FAQs

Still unsure? Call (905) 553-8500. An advisor answers. Not legal or tax advice.

How many new condos are there in Aurora?

Summitly lists 25 new condo projects in Aurora. The count updates as builders release new projects.

How much do new condos in Aurora cost?

Prices for new condos in Aurora are set by each builder and vary by suite size and release phase. Each project page shows the builder's published starting price once it is released.

How do pre-construction deposits work in Aurora?

Deposits on a new Ontario condo must be held in trust (Condominium Act, 1998, s. 81) and are paid in stages set out in the Agreement of Purchase and Sale, not all at signing. Each project page shows the builder's deposit structure where it has been released.

Can I cancel a pre-construction condo purchase in Aurora?

Yes, for a new condo. Under section 73 of Ontario's Condominium Act, 1998, a buyer can cancel within 10 days of receiving both the signed agreement and the disclosure statement, and the deposit is refunded in full. Freehold homes have no statutory cooling-off period.

What warranty comes with a new home in Aurora?

Every new home in Ontario carries the statutory Tarion warranty: 1 year for workmanship and materials, 2 years for water penetration and major systems, and 7 years for major structural defects. Builders must be licensed by the Home Construction Regulatory Authority (HCRA).

Can I buy or sell a pre-construction assignment in Aurora?

Yes. An assignment transfers a buyer's pre-construction contract to a new buyer before closing, usually with the builder's written consent and an assignment fee set in the agreement. Summitly lists Aurora assignments and helps owners sell theirs.

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Summitly is a brokerage, not the builder; prices, incentives and availability are set by the builder and can change.

Prices, sizes, specifications, incentives and availability are preliminary and subject to change without notice. Renderings and floor plans are artist’s concepts. This is not an offering for sale; any offering can only be made with the builder’s disclosure statement. E. & O.E.

Coldwell Banker Summit Realty, Brokerage · Broker of Record Waqar Afzal · © 2026 Summitly.