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Pre-construction · Vaughan

Pre-Construction Condos in Vaughan

Vaughan has 192 new condo projects on Summitly — 5 selling now and 186 launching or taking registrations. Released prices start at $539,900, the typical total deposit is 20% and occupancies run 2023–2026.

Coldwell Banker Summit Realty, BrokerageLast updated

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Projects
192
Selling now
5
VIP registration
10
Builders
25

New condos in Vaughan

Page 6 of 8

192 projects · Recommended

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

Vaughan pre-construction FAQs

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

How many new condos are there in Vaughan?

Summitly lists 192 new condo projects in Vaughan: 5 selling now, from 25 builders. The count updates as builders release new projects.

How much do new condos in Vaughan cost?

Published starting prices for new condos in Vaughan begin at $400,000. 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 Vaughan?

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 Vaughan?

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 Vaughan?

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 Vaughan?

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 Vaughan 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.