Question 1

Where is Kingsley Square located?

Accepted Answer

Kingsley Square is a new pre-construction condos development in Newmarket, ON.

Question 2

What kind of homes does Kingsley Square offer?

Accepted Answer

Kingsley Square is a condos development in Newmarket, ON with 15 storeys and 327 suites. Register to see the full suite and floor-plan collection.

Question 3

How much does Kingsley Square cost?

Accepted Answer

Suites at Kingsley Square start from $610,220, averaging about $1,039 per square foot. Register for the current full price list, as pricing can change between releases.

Question 4

Is Kingsley Square a good investment?

Accepted Answer

Buying pre-construction at Kingsley Square lets you secure today's price with a staged deposit and take occupancy on completion. Whether it fits your goals depends on your budget, timeline, and the local Newmarket, ON market — ask our team or Zara for a project-specific assessment.

Question 5

How do I get floor plans and prices for Kingsley Square?

Accepted Answer

Register on this page and our team will send you Kingsley Square's floor plans, price list, and current incentives — plus Platinum priority access where available, at no cost to you.

Question 6

What is a pre-construction project?

Accepted Answer

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.

Question 7

How do deposits work for pre-construction?

Accepted Answer

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.

Question 8

What happens if the project is delayed?

Accepted Answer

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.

Question 9

What are the risks of buying pre-construction?

Accepted Answer

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.

Question 10

When do I start making mortgage payments?

Accepted Answer

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.

Question 11

Can I customize my unit?

Accepted Answer

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.

Question 12

What warranties are included with pre-construction homes?

Accepted Answer

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.

Question 13

What happens if the developer goes bankrupt?

Accepted Answer

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.

Question 14

What documents do I need to review before purchasing?

Accepted Answer

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.

Question 15

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

Accepted Answer

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.

Question 16

Can I visit the construction site?

Accepted Answer

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.

Question 17

What happens at the final inspection and closing?

Accepted Answer

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.

Milestone	When	%	Amount
Deposit 1	In 30 days less 5k	5%	$30,511
Deposit 2	On Occupancy	5%	$30,511
Total deposit		10%	$61,022

Suite	Beds	Bath	Size	Price from	$/sqft	Status
Unit B606 - 1D	1	1	520 sqft	$610,220	$1,174	available
Unit A104 - 1L+D	1	1	598 sqft	$654,650	$1,095	available
Unit A316 - 1W+D	1	1	717 sqft	$667,810	$931	available
Unit A318 - 1R+D	1	1	642 sqft	$670,000	$1,044	available
Unit B402 - 1P+D	1	1	631 sqft	$729,280	$1,156	available
Unit B1302 - 1P+D	1	1	631 sqft	$731,640	$1,159	available
Unit B501 - 1T+D	1	1	676 sqft	$736,350	$1,089	available
Unit B601 - 1T+D	1	1	676 sqft	$738,350	$1,092	available
Unit B701 - 1T+D	1	1	676 sqft	$740,350	$1,095	available
Unit B801 - 1T+D	1	1	676 sqft	$742,350	$1,098	available
Unit B214 - 1V+D	1	1	709 sqft	$743,960	$1,049	available
Unit B901 - 1T+D	1	1	676 sqft	$744,350	$1,101	available
Unit B1101 - 1T+D	1	1	676 sqft	$748,350	$1,107	available
Unit B1301 - 1T+D	1	1	676 sqft	$752,350	$1,113	available
Unit B215 - 2H	2	2	876 sqft	$830,450	$948	available
Unit B610 - 2E	2	2	812 sqft	$852,070	$1,049	available
Unit B810 - 2E	2	2	812 sqft	$856,070	$1,054	available
Unit B1110 - 2E	2	2	812 sqft	$862,070	$1,062	available
Unit B1210 - 2E	2	2	812 sqft	$864,070	$1,064	available
Unit B1310 - 2E	2	2	812 sqft	$866,070	$1,067	available
Unit B1410 - 2E	2	2	812 sqft	$868,070	$1,069	available
Unit B409 - 2E	2	2	812 sqft	$878,530	$1,082	available
Unit B1501 - 2B	2	2	776 sqft	$892,016	$1,150	available
Unit B504 - 2I+D	2	2	882 sqft	$897,500	$1,018	available
Unit A504 - 2I+D	2	2	882 sqft	$898,900	$1,019	available
Unit A503 - 2J	2	2	923 sqft	$899,160	$974	available
Unit B604 - 2I+D	2	2	882 sqft	$899,500	$1,020	available
Unit A604 - 2I+D	2	2	882 sqft	$899,900	$1,020	available
Unit A603 - 2J	2	2	923 sqft	$900,160	$975	available
Unit A704 - 2I+D	2	2	882 sqft	$900,900	$1,021	available
Unit B704 - 2I+D	2	2	882 sqft	$901,500	$1,022	available
Unit A804 - 2I+D	2	2	882 sqft	$901,900	$1,023	available
Unit A904 - 2I+D	2	2	882 sqft	$902,900	$1,024	available
Unit A903 - 2J	2	2	923 sqft	$903,160	$979	available
Unit B804 - 2I+D	2	2	882 sqft	$903,500	$1,024	available
Unit B904 - 2I+D	2	2	882 sqft	$905,500	$1,027	available
Unit A1304 - 2I+D	2	2	882 sqft	$906,900	$1,028	available
Unit B1004 - 2I+D	2	2	882 sqft	$907,500	$1,029	available
Unit B1104 - 2I+D	2	2	882 sqft	$909,500	$1,031	available
Unit B1204 - 2I+D	2	2	882 sqft	$911,500	$1,033	available
Unit B1304 - 2I+D	2	2	882 sqft	$913,500	$1,036	available
Unit B503 - 2J	2	2	923 sqft	$914,080	$990	available
Unit B603 - 2J	2	2	923 sqft	$916,080	$993	available
Unit B703 - 2J	2	2	923 sqft	$918,080	$995	available
Unit B803 - 2J	2	2	923 sqft	$920,080	$997	available
Unit B903 - 2J	2	2	923 sqft	$922,080	$999	available
Unit B1003 - 2J	2	2	923 sqft	$924,080	$1,001	available
Unit B1103 - 2J	2	2	923 sqft	$926,080	$1,003	available
Unit B1203 - 2J	2	2	923 sqft	$928,080	$1,006	available
Unit B1303 - 2J	2	2	923 sqft	$930,080	$1,008	available
Unit B1403 - 2J	2	2	923 sqft	$932,080	$1,010	available

Milestone	When	%	Amount
Deposit 1	In 30 days less 5k	5%	$30,511
Deposit 2	On Occupancy	5%	$30,511
Total deposit		10%	$61,022

Suite	Beds	Bath	Size	Price from	$/sqft	Status
Unit B606 - 1D	1	1	520 sqft	$610,220	$1,174	available
Unit A104 - 1L+D	1	1	598 sqft	$654,650	$1,095	available
Unit A316 - 1W+D	1	1	717 sqft	$667,810	$931	available
Unit A318 - 1R+D	1	1	642 sqft	$670,000	$1,044	available
Unit B402 - 1P+D	1	1	631 sqft	$729,280	$1,156	available
Unit B1302 - 1P+D	1	1	631 sqft	$731,640	$1,159	available
Unit B501 - 1T+D	1	1	676 sqft	$736,350	$1,089	available
Unit B601 - 1T+D	1	1	676 sqft	$738,350	$1,092	available
Unit B701 - 1T+D	1	1	676 sqft	$740,350	$1,095	available
Unit B801 - 1T+D	1	1	676 sqft	$742,350	$1,098	available
Unit B214 - 1V+D	1	1	709 sqft	$743,960	$1,049	available
Unit B901 - 1T+D	1	1	676 sqft	$744,350	$1,101	available
Unit B1101 - 1T+D	1	1	676 sqft	$748,350	$1,107	available
Unit B1301 - 1T+D	1	1	676 sqft	$752,350	$1,113	available
Unit B215 - 2H	2	2	876 sqft	$830,450	$948	available
Unit B610 - 2E	2	2	812 sqft	$852,070	$1,049	available
Unit B810 - 2E	2	2	812 sqft	$856,070	$1,054	available
Unit B1110 - 2E	2	2	812 sqft	$862,070	$1,062	available
Unit B1210 - 2E	2	2	812 sqft	$864,070	$1,064	available
Unit B1310 - 2E	2	2	812 sqft	$866,070	$1,067	available
Unit B1410 - 2E	2	2	812 sqft	$868,070	$1,069	available
Unit B409 - 2E	2	2	812 sqft	$878,530	$1,082	available
Unit B1501 - 2B	2	2	776 sqft	$892,016	$1,150	available
Unit B504 - 2I+D	2	2	882 sqft	$897,500	$1,018	available
Unit A504 - 2I+D	2	2	882 sqft	$898,900	$1,019	available
Unit A503 - 2J	2	2	923 sqft	$899,160	$974	available
Unit B604 - 2I+D	2	2	882 sqft	$899,500	$1,020	available
Unit A604 - 2I+D	2	2	882 sqft	$899,900	$1,020	available
Unit A603 - 2J	2	2	923 sqft	$900,160	$975	available
Unit A704 - 2I+D	2	2	882 sqft	$900,900	$1,021	available
Unit B704 - 2I+D	2	2	882 sqft	$901,500	$1,022	available
Unit A804 - 2I+D	2	2	882 sqft	$901,900	$1,023	available
Unit A904 - 2I+D	2	2	882 sqft	$902,900	$1,024	available
Unit A903 - 2J	2	2	923 sqft	$903,160	$979	available
Unit B804 - 2I+D	2	2	882 sqft	$903,500	$1,024	available
Unit B904 - 2I+D	2	2	882 sqft	$905,500	$1,027	available
Unit A1304 - 2I+D	2	2	882 sqft	$906,900	$1,028	available
Unit B1004 - 2I+D	2	2	882 sqft	$907,500	$1,029	available
Unit B1104 - 2I+D	2	2	882 sqft	$909,500	$1,031	available
Unit B1204 - 2I+D	2	2	882 sqft	$911,500	$1,033	available
Unit B1304 - 2I+D	2	2	882 sqft	$913,500	$1,036	available
Unit B503 - 2J	2	2	923 sqft	$914,080	$990	available
Unit B603 - 2J	2	2	923 sqft	$916,080	$993	available
Unit B703 - 2J	2	2	923 sqft	$918,080	$995	available
Unit B803 - 2J	2	2	923 sqft	$920,080	$997	available
Unit B903 - 2J	2	2	923 sqft	$922,080	$999	available
Unit B1003 - 2J	2	2	923 sqft	$924,080	$1,001	available
Unit B1103 - 2J	2	2	923 sqft	$926,080	$1,003	available
Unit B1203 - 2J	2	2	923 sqft	$928,080	$1,006	available
Unit B1303 - 2J	2	2	923 sqft	$930,080	$1,008	available
Unit B1403 - 2J	2	2	923 sqft	$932,080	$1,010	available

Kingsley Square

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