FAQ
Pre-construction means purchasing a home before it has been completed. Buyers usually make their selection from floor plans, renderings, and builder specifications while the project is either planned or under construction.
The deposit varies by builder and development. It is commonly split into several scheduled payments rather than paid all at once, with condo projects often requiring total deposits in the range of 15%-20%. Low-rise developments may follow a different schedule.
Seaton is a large master-planned growth area in north Pickering with new detached homes, semis, and townhouses. It is being developed as a collection of neighbourhoods with residential areas, parks, community amenities, and supporting infrastructure.
Completion can take roughly two to five years from the initial purchase, although every project is different. Approvals, construction progress, project size, and other development factors can move occupancy or closing dates.
It may be a good fit for some buyers, especially as Seaton continues to grow and Pickering City Centre adds new housing. However, future returns are not guaranteed, so the project’s price, location, carrying costs, and completion timeline should all be considered.
You can purchase directly from a builder, but Big City Realty can help you compare projects, floor plans, incentives, deposit schedules, and purchase terms. We can also provide access to available allocations and VIP launches, typically at no additional brokerage cost to the buyer.