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Nima by Terra View Homes

Woodlawn Road East, Guelph, Ontario

From$1,099,900

Occupancy
Construction Started 2020
Deposit
20%
Artist's concept
Type
Houses
Units
21
Price from
$1,099,900
Deposit
20% in 2 payments
Occupancy
Construction Started 2020
Status
Selling Now
Last updated

01 Overview

About Nima

Nima is a houses development by Terra View Homes at Woodlawn Road East, Guelph with 21 homes. Prices start from $1,099,900, with occupancy estimated for Construction Started 2020. Current status: selling now (updated October 2026).

The most anticipated preconstruction project in Guelph.

Nima is a new single family home development by Terra View Homes currently under construction at Woodlawn Road East, Guelph. Available units range in price from $1,099,900 to over $1,429,900. Nima has a total of 21 units, with 2 quick move-in homes currently for sale. Sizes range from 1290 to 3219 square feet.

Read the full description

standards in every designer series home by TerraView.

QUALITY CONSTRUCTION • 9' ceiling height on main floor and 8' ceiling on second floor. • Moisture resistant high density 3/4" tongue and groove engineered subfloors are nailed, screwed & glued to prevent squeaks. • Basement sealed with 2 lb spray foam to protect against potential soil gases. • Basement concrete slab insulated to R10 with spray foam. • Basement wrapped in superior foundation membrane with weeping tile. In addition, the entire basement walls are tarred for additional moisture protection. • Reinforced poured concrete foundations. • Control joints cut or placed in concrete slabs to help control cracking. • All exterior walls sheathed with a R10 superior insulation panel system to reduce heating costs and thermal bridging. • Insulation far in excess of Ontario Building Code Requirements. • Exterior walls insulated to R 32, perimeter basement walls insulated to R 28 to floor and studded, extra heavy R 60 insulation in all flat ceilings, all floors over garage spaces insulated to min. R 41 with 2 lb closed cell urethane foam.

EXTERIOR FINISHING DETAILS • Architecturally distinctive exterior finishes consisting of a wide variety of brick, stone, vinyl shake, PVC detailing, stucco, and maintenance free high gauge horizontal vinyl siding.* • Architectural roof shingles with limited lifetime warranty. • Maintenance free high gauge aluminum fascia, soffit, 5" seamless eaves trough and downspouts. • Poured 32 Mpa reinforced concrete front porches with pre-finished aluminum white railings as per plan and grading requirements. • Poured concrete steps & front walk (#of risers subject to grade.) • All building penetrations including doors and windows are sealed with urethane foam and fully caulked to prevent drafts and improve window performance • Exterior coach lamps or pot lights as per plan. • All homes include hand crafted Indiana address stone or stainless house number as per plan. • Brick or Stone soldier coursing, keystones, lintels and detailing over all doors and windows as per applicable plan. • Low Maintenance detailing including frieze boards, window surrounds, brackets, bay surrounds and gable vents as per plan. • Quality pre-finished coach style or contemporary garage doors. • Low E argon filled "Triple Pane" vinyl EnergyStar® windows with all front windows having integral decorative grill inserts as per plan. • Low E argon filled Triple Pane 6' -0" sliding patio door with security lock or exterior French door as per applicable plan. • Screens supplied on all opening windows and patio/double garden doors. • Lot fully sodded (side-yard may be gravel if distance between homes is less then 8'). • Basecoat paved asphalt driveways and aprons charged to Purchaser as an adjustment on closing. • Each lot to be furnished with a larger diameter tree. The tree is to be planted on the sodded area between the front curb and the front of the home. • Purchasers furnished with a complimentary certificate for exterior window cleaning upon receipt of post closing survey.

INTERIOR FEATURES • Flat ceilings in all bathrooms, California texture on all other ceilings with a 4" smooth border on main level. • Embossed doors throughout. • 4" baseboard and 2 3/4'" door and window casings throughout. • Finished walls are painted white with two coats of low VOC latex paint. • Natural finish Oak handrails, solid wood newels and pickets as per plan. • Coffered ceilings as per plan. • Studio walls are finished with a cap and casings. ( as per plan ) • Satin Nickel doorknobs, and hinges throughout with privacy locks on all bathroom doors. • Quality broadloom throughout with 10mm under pad in all areas which are not specified as hard surface.* • Foyer, main or second floor laundry to be ceramic tile. • Wire shelving in all closets with 4 shelves in each linen cupboard. • White China pedestal sinks in powder rooms.* • Main bathroom to have tub with tile surround.* • Ensuite bathroom to have granite countertops with undermount sink.* • Ensuite to have white acrylic oversized freestanding tub where plan allows or separate ceramic walk in shower complete with glass door as per plan. • Ensuite, main bath and powder room floors to be ceramic tile. • Efficient water saver taps, showerheads and dual flush toilets. • Non-bevelled glass mirrors in all bathrooms.

GOURMET KITCHENS • Granite Countertop with undermount sink*. • Choice of custom cabinetry in kitchen* with extended 36" upper cabinetry ( when possible ), with 12" depth and soft close doors and drawers. • Kitchens are equipped with 2 speed exhaust fans, single lever faucet, and dishwasher electrical and plumbing roughin separate hot water line to dishwasher. • Pantry or walk-in pantry as per plan. • Kitchen and breakfast areas to be ceramic flooring.*

ELECTRICAL, PLUMBING AND MECHANICAL FEATURES • 3-piece drain rough-in in basement (as per plan). • 2 exterior hose bibs with interior winter shut offs. • Water shut off valves under all sinks and toilets. • Laundry floor drain as per plan. • Water supply lines are non-toxic plastic water piping to reduce water hammer noise and reduced connections • Drain Water Heat Recovery Unit to reduce water heating costs. • 2 exterior GFI outlets. (one front, one rear unless otherwise specified). • 220 volt dryer and stove outlet and 4" exterior vent where specified. • Interconnected hard-wired strobe smoke detectors on all levels and in all bedrooms for your safety. • Interconnected hard-wired carbon monoxide detector in all bedroom levels for your safety. • 200 amp electrical service with copper wiring & circuit breakers. • Interior and exterior light fixtures selected by builder, switched outlets in living and great rooms. • Rough in electrical for garage door opener including ceiling outlet and low voltage wire. • Conduit rough in for future electric car charger. • High Efficiency MPV (variable speed) natural gas furnace, rented or leased power vented high efficiency natural gas on demand tankless hot water heater. • ERV provides filtered fresh air throughout home. • All homes and duct work cleaned professionally. • High performance air to air heat pump to greatly reduce energy costs for heating and A/C. • Conduit to attic for photovoltaic installation.

GENERAL NOTES • All homes evaluated by 3rd Party Energy Auditor • All homes covered by Tarion Warranty Corporation Comprehensive 1 year warranty plus a 2 year warranty covering the electrical, plumbing, heating systems & water penetration of the building envelope and a 7 year warranty against major structural defects. (enrollment fee to be paid by purchaser as an adjustment on closing) • The number of steps at the front, rear, and in the garage may vary from that shown, and are subject to grade. Garage to house doors are included where grading permits. • The decorated model home contains items not included in the base price. These may include but may not be limited to lighting, wall and window treatments, upgrades and landscaping. • Ceilings, walls and bulkheads may be modified to accommodate heating and ventilating requirements. • Variations in uniformity and colour (i.e. Ceramics) from Vendors samples may occur and can be expected in finished materials. • Plans and specifications are subject to modification at the discretion of the Vendor. The Vendor reserves the right to substitute materials of equal or better quality. • Building location survey for mortgage purposes paid by the Vendor. • Marketing Renderings may show optional features which may not be included in the base price. * Purchaser to select from Vendor's samples, unless already ordered or installed. * Due to lot limitations, some side windows may not be permitted. ** Net Zero standard may be limited to model lot orientation and subject to utility approval

Builder's Website:

02 Pricing

Nima prices & price list

Nima pricing
Starting price$1,099,900
Up to$1,429,900

Full price list

Every available suite, price and floor.

  • Prices by floor and exposure
  • Parking, locker & fees
  • Current incentives

Sent by a licensed advisor. Prices change between releases, so ask for the latest.

03 Deposit structure

Nima deposit structure

Total deposit before occupancy

20%

  1. 10% · WE REQUIRE A DEPOSIT OF OF THE PURCHASE PRICE
  2. 10% · 000 DUE AT FIRM UP DATE (7 DAYS AFTER OFFER IS WRITTEN) REMAINING BALANCE OF DUE 60 DAYS AFTER FIRM UP DATE
Nima deposit schedule
PaymentWhen%On $1,099,900
Deposit 1WE REQUIRE A DEPOSIT OF OF THE PURCHASE PRICE10%$109,990
Deposit 2000 DUE AT FIRM UP DATE (7 DAYS AFTER OFFER IS WRITTEN) REMAINING BALANCE OF DUE 60 DAYS AFTER FIRM UP DATE10%$109,990
Total20%$219,980

For illustration: the builder's published deposit structure, applied to the starting price. Your agreement of purchase and sale sets the exact amounts and dates. How deposits work

04 Amenities

Nima amenities

  • Green Space
  • Easy access to the major highways
  • Nearby Parks,
  • Schools,
  • Restaurants,
  • Shopping and many more.

05 Location & transit

Nima location & transit

Address

Woodlawn Road East

Guelph, Ontario

06 Key dates

Nima key dates

  1. October 8, 2026

    Details last updated

  2. Construction Started 2020

    Estimated occupancy

07 Monthly cost

Estimate your Nima mortgage payment

$1,100,000
20% · $220,000
4.49%
25 years

Estimated monthly

$4,886

Principal and interest only. Excludes maintenance fees, property tax and insurance.

08 The builder

About Terra View Homes

Terra View Homes is the developer behind Nima.

More from Terra View Homes

All Terra View Homes projects

Before you sign with any builder

  • Look the builder up on the HCRA Ontario Builder Directory: its licence, past homes and any conditions or convictions.
  • Read the Tarion Addendum in your agreement. It sets the closing dates, how delays work and what the builder owes you if it is late.
  • Know your deposit protection. Tarion covers deposits on a freehold home up to a set limit; ask how anything above it is held.
  • There is no cooling-off period on a new freehold home in Ontario, so have a real estate lawyer review the agreement before you sign, or make it conditional on that review.
  • Get every promise in writing: upgrades, lot premium, grading and closing adjustments.

09 New-home warranty

The Tarion warranty on a home at Nima

  • 1 year

    Workmanship and materials, plus the home must be fit to live in and meet the Ontario Building Code.

  • 2 years

    Water getting through the basement or the building envelope, electrical, plumbing and heating systems, and Building Code violations that affect health and safety.

  • 7 years

    Major structural defects.

Coverage periods are set by Ontario's new-home warranty law and apply to every new freehold home and condo suite. The builder must be licensed by the HCRA; check its record on the Ontario Builder Directory before you sign. How the Tarion warranty works

10 Assignments

Nima assignments

No Nima assignments are listed right now. Buying an assignment means taking over a buyer's contract before closing, often at a price set when the project launched. Browse assignment sales

Own a unit here?

List your assignment free. We check the builder's consent terms and keep your details private.

List your assignment free

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Before you buy

The rules that protect pre-construction buyers in Ontario, in plain language.

  1. 01How pre-construction deposits workTypical schedules, where the money is held and Tarion deposit protection.
  2. 02HST rebates on new homesWho qualifies, how the rebate is assigned to the builder and what investors owe.
  3. 03Tarion new-home warrantyThe 1-, 2- and 7-year coverage and delayed-closing compensation.
  4. 04Closing costs on a new buildDevelopment charges, levies, land transfer tax and adjustments to budget for.

Questions

Nima FAQs

Quick answers about Nima. Have another question?

Where is Nima located?

In Guelph, Ontario. Nima is a new pre-construction houses development there.

What kind of homes does Nima offer?

Houses — 21 homes. Nima is a houses development in Guelph, Ontario; the full model and floor-plan collection is available on request.

How much does Nima cost?

From $1,099,900. That is the lowest home price on the latest Nima price list we hold; builders change prices between releases, so request the current price list before you decide.

When is occupancy for Nima?

Estimated for 2020. Occupancy dates on pre-construction are set by the builder and can move as construction progresses; your purchase agreement lists the firm and outside dates.

Is Nima a good investment?

It depends on your budget, timeline and the Guelph, Ontario market. Buying pre-construction at Nima fixes today's price with a staged deposit, with occupancy expected in 2020; compare it with nearby projects and resale before you commit, and ask our team or Zara for a project-specific assessment.

How do I get floor plans and prices for Nima?

Request them on this page. Our team emails Nima's floor plans, price list and current incentives, plus Platinum priority access where the builder offers it, at no cost to you.

More pre-construction questions
What is a pre-construction project?

A pre-construction project is a new residential development that is sold before construction is completed. Buyers purchase units during the planning or early construction phase, often at lower prices than completed units. You'll receive a unit upon project completion, typically 1-3 years after purchase.

How do deposits work for pre-construction?

Deposits for pre-construction projects are typically structured in stages. You'll usually pay 5-10% on signing, followed by additional deposits at specific milestones (e.g., 5% at occupancy permit, 5% at closing). These deposits are held in trust by the developer's lawyer until closing.

What happens if the project is delayed?

Construction delays are common in pre-construction projects. Your purchase agreement will include an 'outside closing date' that allows for reasonable delays. If delays exceed the specified timeframe, you may have options to cancel and receive your deposits back, depending on your contract terms.

What are the risks of buying pre-construction?

Key risks include construction delays, potential changes to the final product, market value fluctuations, and developer bankruptcy. However, you also benefit from lower initial pricing, potential appreciation, and the ability to secure a brand-new home. Always work with reputable developers and review all contracts carefully.

When do I start making mortgage payments?

Mortgage payments begin only after you take possession of your completed unit, typically at the final closing date. During construction, you'll only make staged deposits. You'll need mortgage pre-approval closer to completion, usually 90-120 days before the expected closing date.

Can I customize my unit?

Customization options vary by developer and project phase. Early buyers often have more choices in finishes, fixtures, and layouts. Common customizable elements include flooring, kitchen cabinets, countertops, and bathroom fixtures. Options are typically presented during the design center appointment, which occurs after purchase.

What warranties are included with pre-construction homes?

New homes in Canada come with provincial new-home warranty protection — Tarion/HCRA in Ontario and equivalent programs in other provinces. This typically includes one-year coverage for defects, two-year coverage for water penetration, and seven-year coverage for major structural defects. Your developer will provide warranty details at closing.

What happens if the developer goes bankrupt?

If a developer declares bankruptcy, your deposits are typically protected if they were held in trust. However, the project may be delayed or cancelled. In some cases, another developer may take over the project. It's crucial to research developers' financial stability and track record before purchasing.

What documents do I need to review before purchasing?

Essential documents include the purchase agreement, disclosure statement, architectural plans, condo declaration (for condos), and developer's financial statements. Have a real estate lawyer review all documents before signing. Pay special attention to deposit structure, completion dates, and cancellation rights.

How long does it take from purchase to move-in?

Timeline varies by project, typically ranging from 12-36 months. Factors include project size, construction complexity, and market conditions. Your purchase agreement will include an estimated occupancy date, but this is subject to change. Stay in regular communication with your developer for updates.

Can I visit the construction site?

Site visits are usually allowed but must be scheduled with the developer for safety and insurance reasons. Many developers offer periodic site tours or provide progress updates through photos and videos. Always follow safety protocols and never visit the site without authorization.

What happens at the final inspection and closing?

Before closing, you'll conduct a pre-delivery inspection (PDI) to identify any defects or issues. These are documented and should be addressed by the developer. At closing, you'll pay the final balance, receive keys, and complete final paperwork. Your lawyer will handle the closing process and ensure all conditions are met.

Get the Nima price list before you decide.

Current prices, available floor plans and incentives, sent to you by a licensed advisor. Free, no obligation.

Coldwell Banker Summit Realty, BrokerageLast updated

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

Sizes, specifications and dates are preliminary and provided for information only. Renderings and floor plans are artist's concepts. This is not an offering for sale; an offering can only be made with the applicable disclosure statement. Verify all details with the builder. Marketed by Coldwell Banker Summit Realty, Brokerage. E. & O.E.

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$1,099,900

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