Did you know that your version of Internet Explorer is out of date?
To get the best possible experience using our website we recommend downloading one of the browsers below.

Internet Explorer 10, Firefox, Chrome, or Safari.

Skip To Content

Purchaser Liason

Questions? We have answers.

Whether you are a first time home-owner or a seasoned purchaser, we expect you to have questions about the process of purchasing a condominium. Over the next few months you will be making a variety of decisions about mortgages, budgets, structural features and finishes and we want to help you with that process. We have compiled a list of frequently asked questions about purchasing a condo that we believe will help you throughout the purchasing process. If you have a question that is not listed here, please send us an email and we will have one of our experts respond to you in a timely matter.

Jump to a question and answer:

  • What does buying a Condo "off of the plan" mean?

  • Buying a Condo “off of the plan” means that you are buying a condo that has not been built yet, but when it is, it will be built according the home builder’s plans and specifications. This method of home purchase has many advantages. First, you will be able to pick the model that suits your needs the best. Second, you will be able to make certain changes to the plan like adding an optional den or moving a kitchen island. Finally, you will be able to customize the finishes( counters, cabinets, flooring) to your taste. As with any home purchase, risks are involved but if you choose a well-known builder who offers a certified warrant warranty program, like the Tarion Warranty program, the risks are minimal.
  • Must we deal with the financial institution recommended for the project?

  • No, however there are usually many advantages to working with the financial institution recommended by the home builder. You could obtain preferential rates and favourable financing reserved for the project’s clients. In addition, the bank could guarantee your mortgage rate until you take possession of your condo. Thus, you would be sure that the negotiated rate would not increase during this period and if ever mortgage rates decreased, your rate might be adjusted downward.
  • How does one choose finishes?

  • After you have purchased your condominium you will attend a Colour Selection meeting where you will meet one on one with a professional consultant who will guide you through the process of customizing your home.
  • Can I make structural changes to my condo?

  • After you have purchased your new home you will attend a Structural meeting with a profession consultant who will discuss various structural changes that can be made to your condo.
  • What do condo fees include?

  • Condo fees are paid directly to the Condo Association that is established by the individual condo owners of the building. These fees, which are contributed on a monthly basis, pay for the maintenance of the building(s), namely: building insurance, electricity and maintenance of common areas (hallways, lobby, stairs, elevators, etc.), maintenance of green areas, snow removal, administration and the establishment of a reserve fund.
  • How are the condo fees determined?

  • Generally, the property manager, in accordance with the condo board, establish a budget to ensure the maintenance of the property’s buildings, common areas, green areas and services(security, recreation items, etc.) The total budget is then divided amongst the units based on with the square footage of each individual unit in accordance with the disclosure document.
  • Are the Light Fixtures included?

  • Lighting fixtures are included with all units. If you wish to upgrade the fixtures through Decade Homes, you may do so during the Colour Selection meeting, which occurs during construction.
  • Should I insure my condominium?

  • The insurance on your condo building does not protect your personal assets. As is the case for a single-family residence, we recommend that you take out insurance to cover your personal liability as well your personal assets.
  • Can I visit my condo during construction?

  • We encourage you to come by the sale centre to visit us and get an update during construction. Visitors are not permitted on the job site for safety reasons.
  • Who do I contact for more information?

  • We invite you to contact a representative at the project’s sales centre to obtain information on prices, delivery dates or any other issues related to our projects.
  • What is Tarion?

  • Tarion is a non-profit designed to protect consumers of new homes by ensuring that builders abide by all provincial legislation.
  • What happens if there is a delay in the delivery of my condo?

  • Occasionally there are delays in delivery. If that occurs, we will contact you immediately through registered mail and explain the nature of delay and provide you with the new expected delivery date. We strive to meet our anticipated dates, however, some delays are out of our control. Our staff will stay in touch during the construction phase.