What does a new construction agent cost the buyer?

Usually nothing directly. Builders typically pay the agent's commission out of the sale price, so you do not pay it separately. Confirm this in writing, and budget separately for your lawyer, deposits (often 15 to 20 percent in stages), and closing costs such as development charges and land transfer tax.

Do I need an agent to buy pre-construction?

No, you can deal with the builder's sales office directly. But the sales staff represent the builder. An agent who represents you can negotiate incentives, flag unfavourable clauses and compare projects, though you should still have a real estate lawyer review the agreement.

What should I expect after I sign?

Expect a rescission window (10 days for most Ontario new-home purchases), staged deposits, and a wait of several years. Closing dates often move. Before occupancy you do a pre-delivery inspection, and the Tarion warranty covers defects after closing.

How can I judge whether an agent is good at this?

Ask how many pre-construction deals they closed recently, with which builders, and how they handled a delayed project. A good agent answers specifically, points out risks as well as upsides, and does not pressure you to sign on launch day.

New Construction & Pre-Construction in Ontario

New Construction & Pre-Construction in Toronto

Compare 90 Toronto agents who handle new construction and pre-construction condos, townhomes and detached homes, and see how our scoring ranks them.

Buying new in Toronto: what the work involves

A new construction or pre-construction agent helps you buy a home that is not yet finished, or not yet built. In Toronto that usually means a condo tower in the downtown core, a midrise on a corridor like Eglinton or Dundas, or a townhome in a new subdivision. The agent reviews the builder's agreement of purchase and sale, tracks deposit schedules, and attends to the occupancy and closing stages years later.

What to look for

Experience with the specific builder, and a clear view of its record on delays and closing-cost surprises.
Willingness to explain the disclosure statement, development charges, tarion warranty coverage, and assignment clauses before you sign.
Honest talk about how they are paid (builders normally pay the commission) and whether they also represent the developer.
Access to VIP or early-release pricing, and a real-lawyer review during the rescission period.

How our scoring helps

We score the 90 agents in this category on the evidence available, so you can compare them without relying on a sales pitch. Start with the ranked guide to Toronto real estate agents, then read how we score to see what each signal counts for.

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All new construction & pre-construction in Toronto, ranked by score and relevance

90 businesses, scored on recent reviews. The order weighs each business's overall score by how much of its reviewed work is new construction & pre-construction, so a lower-scored specialist can rank above a higher-scored generalist.

Matthew Fernandes Group - Toronto Real Estate Agent

5.0(78)✓ Google-verified

Reviewers describe a steady, organized process from first meeting to closing. Many say the agent replies quickly, keeps them updated, and never leaves them guessing. Several buyers and sellers mention feeling calm and supported through stressful moves. Reviewers also point to hands-on help with staging, photos, and video for sellers. Some mention the agent coordinating closing details with lawyers. One seller says a condo sold within nine days after a long, stalled listing with another agent. Team member Kimberly is named in more than one review.

Luxury Home SpecialistsNew Construction & Pre-ConstructionRental & Leasing Agents

New Construction & Pre-Construction in Toronto

Buying new in Toronto: what the work involves

What to look for

How our scoring helps

All new construction & pre-construction in Toronto, ranked by score and relevance

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Common questions about new construction & pre-construction