Pre-construction · Richmond Hill, Ontario
Pre-Construction & New Homes in Richmond Hill
Richmond Hill has 89 pre-construction projects on Summitly — 15 selling now and 74 launching or taking registrations. Released prices start at $990,000, the typical total deposit is 13% and occupancies run 2026.
Coldwell Banker Summit Realty, BrokerageLast updated
- Projects
- 89
- Selling now
- 15
- VIP registration
- 3
- Builders
- 20
Registration & coming soon
Launching soon in Richmond Hill
- VIP registrationCondo
- VIP registrationCondo
- VIP registrationCondo
Launching soonTownhome7photos
Launching soonTownhome5photos
Launching soonTownhome7photosIvylea
by Marlin Spring Developments and Greybrook Realty Partners · Richmond Hill
From $1,426,990
- Beds
- 3 bd
Richmond Hill pre-construction projects
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89 projects · Recommended
Selling nowTownhome6photos
Selling nowTownhome7photos
Selling now
Selling now
Selling now
Selling nowTownhome7photos
Selling now
Selling nowTownhome7photos
Selling now
Selling nowDetached & semi7photos
Selling now
Selling now
Selling nowTownhome7photosAuden Grand Towns
by Sunny Communities · Richmond Hill
From $1,399,990
- $/sq ft
- $747
- Occupancy
- 2026
- Deposit
- 15% total
Selling nowTownhome4photos- VIP registrationCondo
- Selling nowTownhome
- VIP registrationCondo
- VIP registrationCondo
- Launching soonTownhome7photos
- Launching soonTownhome5photos
- Launching soonTownhome7photos
Ivylea
by Marlin Spring Developments and Greybrook Realty Partners · Richmond Hill
From $1,426,990
- Beds
- 3 bd
Launching soonCondo
Launching soonCondo
Launching soonCondo
13232 Yonge Street, 13234 Yonge Street, 14 Elm Grove Avenue, 16 Elm Grove Avenue
Richmond Hill
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Richmond Hill pre-construction at a glance
| Projects tracked | 89 |
|---|---|
| Selling now | 1517% of projects |
| Launching / VIP registration | 74 |
| Prices from | $990,000lowest of 11 released prices |
| Median price per sq ft | $6343 projects with a published figure |
| Typical total deposit | 13%median of 3 schedules |
| Occupancy years | 2026most in 2026 (1) |
Summitly tracking, updated Sep 30, 2026. Prices are builder-published starting prices; deposits are read from each builder's published schedule.
Richmond Hill pre-construction by home type
New home lists in Richmond Hill
Richmond Hill neighbourhoods
Builders active in Richmond Hill
Occupancy by year in Richmond Hill
Projects by the year the builder expects first occupancy.
Before you buy in Richmond Hill
- 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.
- 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.
- 03HST rebate on new homesWho qualifies for the federal and Ontario rebates, and what they are worth.
- 04Tarion new home warrantyWhat the warranty covers, including compensation for delayed occupancy.
- 05Closing costs and leviesDevelopment charges, levies and everything due on closing day.
- 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
| Payment | When | Rule | On $600,000 |
|---|---|---|---|
| On signing | On signing | $5,000 | $5,000 |
| Balance to 5% | 30 daysDec 15, 2026 | Balance to 5% | $25,000 |
| 5% | 120 daysMar 15, 2027 | 5% | $30,000 |
| 5% | 365 daysNov 15, 2027 | 5% | $30,000 |
| 5% | 540 daysMay 8, 2028 | 5% | $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
Richmond Hill pre-construction FAQs
Still unsure? Call (905) 553-8500. An advisor answers. Not legal or tax advice.
How many new homes are there in Richmond Hill?
Summitly lists 89 new home projects in Richmond Hill: 15 selling now, from 20 builders. The count updates as builders release new projects.
How much do new homes in Richmond Hill cost?
Published starting prices for new homes in Richmond Hill begin at $990,000. Prices vary by project, suite size and release phase, and change between releases; each project page shows the builder's latest figure.
How do pre-construction deposits work in Richmond Hill?
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 Richmond Hill?
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 Richmond Hill?
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 Richmond Hill?
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 Richmond Hill 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.
