New construction homes in Mississauga

A home under five years old should still carry part of its Tarion warranty, which covers workmanship and materials in its first year, the envelope and mechanical systems through year two and major structural defects through year seven, and the coverage stays with the house when it resells, so request the enrolment number along with any claims history. Buying directly from a builder brings HST into the price, and most builders credit the new housing rebate inside the contract; a resale of a home someone has lived in normally carries no HST. Builder agreements also list adjustments on closing for development charges, utility meters, tree planting and Tarion enrolment, which can add thousands beyond the price, so have a lawyer cap them before you sign. On a new condominium, learn the difference between interim occupancy and final closing, because you pay an occupancy fee to the developer until the building is registered.

Lakeview Village is the largest project, planned around a new waterfront park, a cultural district and a mix of towns, mid-rises and towers over the coming years, with early phases in occupancy and later ones still under construction. Port Credit's west waterfront is being rebuilt on similar lines around the marina. Both are worth watching on this page as resales begin. The Ninth Line lands and the newest corners of Churchill Meadows and Meadowvale Village offer detached and townhouse builds that come with a garage and a proper yard. In Mineola, Lorne Park and Lakeview, the new house is often a custom two-storey replacing a bungalow, sold by the builder after completion. Ask whether the sale is an assignment, which carries its own tax and lender rules.