Pre-Construction Condos and Homes in Vaughan
Vaughan Metropolitan Centre, the Promenade, Woodbridge, Maple and Kleinburg: the projects selling now, what deposits and timelines look like, and how the HST relief to March 31, 2027 changes the math.
Where Vaughan is building
Vaughan has two new-home markets in one city. High-rise condos cluster at Vaughan Metropolitan Centre around the subway, and along Highway 7 and at the Promenade in Thornhill. Low-rise homes, from townhomes to estate lots, sit in Woodbridge, Maple, Vellore Village, Patterson and Kleinburg, where most of the detached supply in the GTA’s north-west now comes from. The two markets price and move very differently, so compare like with like.
The market in late 2026 favours buyers. GTA new-condo sales in September were the lowest for that month on record, inventory stands at about four years of supply, and benchmark prices are flat on the year. Many builders are offering extended deposit schedules, capped development charges, included upgrades and price adjustments, and the federal HST relief adds up to $130,000 on top. That combination is rare, and it has a date on it.
Some of the best pricing in this market is never advertised. Builders are selling blocks of suites to bulk purchasers and buying groups at negotiated prices, and those deals do not appear on price lists or launch emails. If you are buying more than one suite, or would consider joining a group purchase, say so when you register and we will show you what is available on those terms.
Transit: what is real
Vaughan is the one 905 city with a subway: Line 1 runs from Vaughan Metropolitan Centre to Union, and the station has been open since December 2017, so you are buying next to transit that exists, not a promise. Viva rapid transit runs along Highway 7 in its own lanes, and the 400, 407 and 427 are minutes from most projects.
GO service runs on the Barrie line at Rutherford and Maple stations, with all-day weekday trains and more frequent service being added as the corridor is upgraded. Kleinburg and north Woodbridge are car-first; price that into a commute before you fall for a lot size.
Vaughan projects we track
Projects on our books as of November 2026, grouped by home type. Status is the construction stage as last reported to us; prices, incentives and availability change weekly, so ask us for the current sheet before you compare numbers.
New condos
Vaughan Metropolitan Centre, Highway 7, the Promenade and Thornhill.
New detached and estate homes
Kleinburg, Patterson, Upper Thornhill Estates and Vellore Village.
Not seeing a project you have heard about? Many Vaughan launches sell through a platinum or VIP stage before they are advertised. Register below and we will tell you what is open, including projects that are not listed here.
Where to buy in Vaughan
Six areas account for most new-home activity. Each buys you something different.
Vaughan Metropolitan Centre
The city’s downtown at Highway 7 and Jane: the subway terminus, the Viva and YRT hub, office towers, the YMCA and a growing grid of condo towers. The most liquid condo market in Vaughan, with the most new supply and the most competition when you resell or rent.
Thornhill and the Promenade
Established Thornhill along Bathurst and Centre, with the Promenade mall being rebuilt around new towers and towns. Buyers get mature streets, schools and parks with a new building; expect premium pricing against VMC for the same floor area.
Woodbridge
Vaughan’s largest established community, from the Market Lane village core to the newer streets east and west of Islington. New supply is mostly townhomes and small infill condos, and the resale market is deep.
Maple and Vellore Village
Family neighbourhoods around Maple GO, Canada’s Wonderland, Vaughan Mills and the Cortellucci Vaughan Hospital (opened 2021). Most of Vaughan’s new townhome and detached subdivisions of the last decade are here, with more phases still releasing.
Kleinburg
A village core, the McMichael gallery and the Humber valley, surrounded by Vaughan’s estate and executive subdivisions. The widest choice of new detached homes in the city and the highest price points; a car is not optional.
Patterson and Upper Thornhill Estates
North of Rutherford between Bathurst and Dufferin: newer executive detached and townhome communities close to Rutherford GO, with Richmond Hill’s amenities next door.
How a pre-construction purchase works
The same five steps, whether it is a $600,000 condo or a $1.5 million detached home.
Shortlist and pricing
We pull current price lists, incentive sheets and deposit structures for the projects that fit, including launches that are not advertised yet.
Worksheet and allocation
At launch, buyers submit a worksheet; allocations go to the brokerages with the strongest relationships. We submit yours and negotiate upgrades and incentives before you sign.
Agreement and cooling-off
Every new condo in Ontario has a 10-day cooling-off period. Your lawyer reviews the agreement and we check the deposit schedule, occupancy dates, development-charge caps and assignment terms.
Deposits and interim occupancy
Deposits go into trust in stages. On a condo you move in at interim occupancy and pay an occupancy fee until the building registers, then final closing happens.
Closing and HST relief
Land transfer tax, legal fees, development charges and utility hook-ups are due at closing. If you qualify for the HST relief, the builder normally credits it on the statement of adjustments.
Get the Vaughan project list
Tell us the home type, budget and timing. We will send the current price lists and incentives for matching Vaughan projects, including launches that are not public yet, and one of our agents will call to walk you through them.
Prefer to talk? Call 905-604-7200 or email sales@bigcityrealty.ca.
Frequently asked questions
What does “pre-construction” mean?
You buy the home before it is built, from floor plans, renderings and the builder’s specifications, and you take possession when it is finished. Deposits are paid in stages while it is under construction.
Is the HST relief real, and who gets it?
Yes. For a new home you will live in, with an agreement signed between April 1, 2026 and March 31, 2027, you can recover up to $130,000 of the HST (all of it on homes up to $1 million). It is for any buyer, not only first-time buyers, and the home must be built by the end of 2031. The builder usually credits it at closing.
How much deposit do I need?
Most new condos take 15% to 20% of the price in stages over the first year or two, with the balance on closing. Townhomes and detached homes vary by builder, often 10% to 20%. Deposits in Ontario are held in trust under the Tarion rules.
How long until I can move in?
Usually two to five years from purchase to occupancy, longer for high-rise. The agreement sets an outside occupancy date, and the builder can extend it within the Tarion addendum rules, so plan around the later end of the range.
Can I sell before closing?
Only if the builder allows an assignment, and usually for a fee. Since May 2022 assignment sales of new homes attract HST on the profit, so get advice before you count on it.
What is a bulk or group purchase, and can I take part?
A builder sells a block of suites, often ten or more, to one purchaser or an organised group at a negotiated price and deposit structure that is not published. In late 2026 this is where some of the deepest discounts in the GTA are. Groups are usually assembled by a brokerage; the pricing is confidential, and each buyer still signs their own agreement and gets the cooling-off period. Ask us what is open before committing to a public price list.
Do I pay extra for a realtor on a new-home purchase?
No. The builder pays the co-operating brokerage. You get your own representative to compare projects, read the agreement and negotiate the deposit structure, incentives and upgrades, at no extra cost to you.
What is the difference between buying at Vaughan Metropolitan Centre and in Kleinburg?
VMC is condos on the subway: smaller homes, lower entry prices, strong rental demand and the most resale competition. Kleinburg is detached and estate homes with the highest prices in Vaughan and a car-based commute. They attract different buyers; the honest question is which life you want in five years, not which will appreciate more.
Is buying pre-construction in Vaughan a good investment right now?
It depends on the project and the price you pay. Late 2026 is a buyer’s market for new homes in the GTA, with record-low condo sales, deep builder incentives and the HST relief. VMC condos are the most exposed to the oversupply, so negotiate hardest there; low-rise supply in Kleinburg and Maple is tighter. Appreciation is never guaranteed.
Sources: Sept 2026 GTA new-home benchmarks (BILD and Altus Group, released Oct 2026): new condo apartment $1,031,574, unchanged from a year earlier; new single-family home $1,246,764, down 13.3% in 12 months. 949 new homes sold in the GTA in September, 52% below the 10-year average, with about 49 months of new condo inventory on the market. These are gross prices before the HST relief. GTA average resale price $1,006,409 in September 2026, down 5.1% from a year earlier (TRREB Market Watch, September 2026). Transit: TTC Line 1 extension (opened December 2017); Metrolinx Barrie line service plans. Cortellucci Vaughan Hospital opened February 2021 (Mackenzie Health). HST relief: Government of Canada, GST/HST New Housing Rebate expansion for agreements signed April 1, 2026 to March 31, 2027. Project information from builders and our own files as of November 2026; prices, incentives and availability change without notice. Big City Realty Inc., Brokerage. Not intended to solicit buyers or sellers under contract.