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New Condos for Sale in Calgary | New Build & Construction Condos
Browse new condos in Calgary, including recently built, new-construction and available new-build condominium listings across Calgary communities and price ranges.
Explore current new condos for sale in Calgary and compare newer condominium properties by location, floor plan, price, parking, storage, building amenities and monthly ownership costs. Available listings may include recently completed units, newer resale condos and new-construction properties where offered through the MLS® system.
A newer building can be appealing, but the year of construction is only one part of the decision. Buyers should also review the condominium corporation, monthly fees, insurance, building documentation, parking and storage arrangements and the costs that continue after possession.
A new condo is still a condominium. The finishes may be new, but the ownership structure, monthly costs and building documents deserve just as much attention as the kitchen.
Newer Construction
Compare completion date, unit condition, builder specifications and any remaining work or deficiencies relevant to the individual property.
Condo Fees & Financials
Review current fees, what they include, available financial information, reserve planning and the corporation’s ongoing responsibilities.
Parking & Storage
Confirm whether stalls and storage areas are titled, assigned or otherwise designated and understand any related rules or costs.
Comparing New Construction Condos in Calgary
Buyers searching for new construction condos in Calgary should compare more than the advertised purchase price. Floor plan, exposure, floor level, parking, storage, building amenities and condominium fees can all affect how two units compare.
If a property is being purchased before completion or directly from a builder, the purchase process and documentation may differ from buying a completed resale condominium. Buyers should review the specific agreement, included specifications, estimated possession timing, applicable adjustments and professional advice relevant to the transaction.
Explore More Calgary Condos
Buyers should review condominium fees and inclusions, bylaws, reserve-fund information where applicable, financial statements, corporation insurance, meeting minutes, planned repairs, special assessments, parking and storage arrangements, pet and rental rules, renovation restrictions and the condition of the individual unit. For new or recently completed properties, buyers should also review available builder documentation, warranty information where applicable, possession details and any property-specific tax or GST considerations with the appropriate professionals.
Interested in a new Calgary condo? Send Diane Richardson the MLS® number, property address or listing link and the details you would like to discuss.
Phone or text: 403.397.3706 | Email: diane@mypadcalgary.com | Contact Form
Explore Calgary Condos by Bedroom, Area & Property Type
Comparing new condos in Calgary with the broader condominium market? Explore current Calgary condos by bedroom count, quadrant and property type to compare locations, layouts, prices and ownership costs.
Calgary Condos by Bedroom
Calgary Condos by Area
SW Calgary Condos NW Calgary Condos SE Calgary Condos NE Calgary Condos Downtown & Inner City Condos
New Build & Luxury Calgary Condos
When comparing new-build condos with resale properties, consider more than the asking price. Review the floor plan, unit location, parking and storage, condominium fees and inclusions, bylaws, financial information, insurance, reserve planning where applicable, possession timing, builder or warranty documentation where applicable and the total monthly cost of ownership.
New Condos Calgary
New Condos Calgary | New Build & Construction Condos
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3210 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2339590
3210 550 Belmont Street SW Calgary T2X 4C1 
$309,900Residential- Status:
- Active
- MLS® Num:
- A2339590
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 860 sq. ft.
Welcome to this stunning second-floor condo in one of Calgary's most vibrant southwest communities. Offering 2 spacious bedrooms, 2 full bathrooms, and a coveted titled parking spot, this home combines contemporary style with everyday convenience. Key Features Open-Concept Layout: Flooded with natural light, creating an inviting space for both relaxing and hosting guests. Contemporary Kitchen: Highlighted by sleek quartz countertops, premium stainless steel appliances, generous cabinetry, and ample prep space. Private Primary Retreat: Features a spacious bedroom layout complete with its own private full ensuite. Versatile Second Bedroom: Ideal for guests, family members, or a dedicated home office, paired with an additional full bathroom. Everyday Convenience: Includes in-suite laundry alongside your own convenient titled parking stall. Private Balcony: Step outside to enjoy your own outdoor space and take in the surrounding community views. Prime Location Situated in growing Belmont, you are just moments away from local parks, playgrounds, shopping, and dining. Plus, quick access to Stoney Trail makes your commute across the city a breeze. Whether you are a first-time homebuyer, looking to downsize, or seeking a smart investment property, this low-maintenance condo delivers incredible value. Book your private showing today and see what makes this home so special! More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5202 20295 Seton Way SE in Calgary: Seton Apartment for sale : MLS®# A2340226
5202 20295 Seton Way SE Calgary T3M 3X3
$358,588Residential- Status:
- Active
- MLS® Num:
- A2340226
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 863 sq. ft.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the highly sought-after community of Seton. From the moment you step inside, you'll appreciate the modern design, thoughtful layout, and pride of ownership that make this home feel like new. The stylish kitchen features ample cabinetry, generous counter space, and a functional layout that's perfect for both everyday living and entertaining. The sun-filled living area opens onto a spacious balcony with gorgeous views; the perfect spot for your morning coffee or evening wind-down. Designed for comfort and privacy, the two bedrooms are thoughtfully positioned on opposite sides of the living area. The spacious primary suite features a walk-in closet and a private ensuite complete with a modern walk-in shower. The second full bathroom is conveniently located for guests or family members. Luxury vinyl plank flooring, full-height cabinetry, and numerous quality upgrades throughout complete this exceptional home. Location? Hard to beat. You're just steps from the South Health Campus, the Brookfield Residential YMCA at Seton, shopping, dining, parks, transit, and everything that makes Seton one of Calgary's most exciting communities. Modern. Convenient. Move-in ready. This one checks all the boxes. Don't miss this incredible opportunity, contact your favourite Realtor® today to book your private viewing. More detailsListed by URBAN-REALTY.ca- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4315 550 Belmont Street SW in Calgary: Belmont Apartment for sale : MLS®# A2339623
4315 550 Belmont Street SW Calgary T2X 5X1
$384,000Residential- Status:
- Active
- MLS® Num:
- A2339623
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,090 sq. ft.
Welcome to modern living in the vibrant and growing community of Belmont! This stylish SE corner unit featuring the sought-after L4 floorplan offers premium upgrades, a bright open layout, and a huge south-facing balcony designed to maximize natural light. Offering 1,089.8 sq. ft. of thoughtfully designed living space, this home features 2 bedrooms and 2 full bathrooms with a functional layout perfect for comfortable everyday living. Enjoy 9-foot ceilings, large windows throughout, and luxury vinyl plank flooring throughout (no carpet). Additional features include Low-E triple-glazed windows, electric baseboard heating, A/C rough-in, Fresh Air System (ERV), and a BBQ gas line on the balcony. The upgraded gourmet kitchen is designed to impress, featuring two-tone cabinetry, a stunning extended island measuring over 14 feet, chimney-style hood fan, stainless steel appliances, and a built-in microwave. Whether preparing daily meals or entertaining guests, this kitchen offers both style and functionality. The spacious primary bedroom is filled with natural light and includes a walk-in closet along with a 4-piece ensuite featuring dual vanities. The second bedroom is thoughtfully positioned across the unit, offering enhanced privacy and noise separation, with an additional 4-piece bathroom conveniently located nearby. A well-planned laundry and storage area adds to the home's practical design. Additional highlights include a sound-reducing membrane between floors, clear glass balcony railings, and one titled underground parking stall plus a indoor bike rack room. Located close to parks, shopping, restaurants, and everyday amenities, Belmont offers a welcoming community atmosphere with excellent connectivity to Calgary’s major roadways. Pet-friendly complex with inspired modern design and exceptional convenience. More detailsListed by Grand Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2408 4270 Norford Avenue NW in Calgary: University District Apartment for sale : MLS®# A2339430
2408 4270 Norford Avenue NW Calgary T3B 6P8
$417,000Residential- Status:
- Active
- MLS® Num:
- A2339430
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 577 sq. ft.
University District!!! The most sought after address to call home for young professionals. This Bright Top floor Contemporary one bedroom +den/guest bedroom home features 10 ft ceilings, vinyl plank floors, quartz waterfall kitchen island and quartz counters throughout, stainless steel appliances and a bright open floor plan which leads to a NW facing balcony overlooking a private park, fountain and Market Mall. This home is equipped with insuite laundry and a AC unit for added comfort. This home also has a titled underground park stall with EV Charging stations, bike storage in the parkade. Close to restaurants, shops, University of Calgary, Foothills hospital, Market Mall and bike trails that lead to the Bow River. This location is also minutes to all major thoroughfares Highway 1, Stoney Trail and Shaganappi Trail. There is a builder's warranty that exrtends to May of 2027. This home must be seen. More detailsListed by REMAX Innovations- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2505 3700 Seton Avenue SE in Calgary: Seton Apartment for sale : MLS®# A2339514
2505 3700 Seton Avenue SE Calgary T3M 4C1
$379,900Residential- Status:
- Active
- MLS® Num:
- A2339514
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 762 sq. ft.
Beautifully maintained TOP FLOOR 2 BEDROOM, 2 BATHROOM condo situated in the vibrant and fast-growing community of Seton! Offering 762 sq. ft. of thoughtfully designed living space, this bright and modern unit features 9 ft ceilings, large windows with abundant natural light, durable vinyl flooring, and a private balcony with open views. The stylish kitchen is beautifully finished with quartz countertops, stainless steel appliances, pantry storage flowing seamlessly into the open-concept living and dining areas, perfect for everyday living and entertaining. The spacious primary bedroom includes a private ensuite with dual vanities, while the second bedroom provides flexibility for guests, a home office, or additional living space. A second full bathroom and convenient in-suite laundry complete this functional layout. Perfectly situated in a highly sought-after pond-facing location, this home offers a peaceful setting while remaining close to everyday conveniences. Enjoy being just minutes from grocery stores, cafes, restaurants, boutique shopping, a movie theatre, South Health Campus, the world-class YMCA, parks, off-leash areas, and extensive walking and biking pathways. With easy access to major roadways and all the amenities Seton has to offer, this is an exceptional opportunity for first-time buyers, investors, or those looking to downsize in one of Calgary’s most dynamic communities. More detailsListed by Skyrock- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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205 8370 Broadcast Avenue SW in Calgary: West Springs Apartment for sale : MLS®# A2338975
205 8370 Broadcast Avenue SW Calgary T3H 6L3
$374,900Residential- Status:
- Active
- MLS® Num:
- A2338975
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 794 sq. ft.
Experience contemporary living at it's finest in this stunning 2-bedroom + den, 2-bathroom condo in Calgary’s highly sought-after West District, offering exceptional value as the lowest-priced unit in the building. Designed with style and functionality in mind, this bright and spacious home features 9-ft ceilings, oversized windows, and an abundance of natural light. The expansive balcony provides the perfect extension of your living space, ideal for relaxing outdoors or entertaining guests. The sleek modern kitchen is beautifully appointed with quartz countertops, premium stainless steel appliances, and contemporary cabinetry, while spa-inspired bathrooms offer luxurious finishes. Additional comforts include in-suite laundry, air conditioning, heated underground parking, assigned storage, bike storage, pre-installed TELUS internet equipment, and a WiFi-enabled thermostat. Residents also enjoy access to a rooftop terrace and an incredible location within West District’s vibrant mixed-use community. Just steps from eight blocks of shopping, dining, and entertainment and an 8.4-acre Radio Park, featuring year-round programming, an amphitheatre, reflecting pool, spray park, skate park, basketball court, and beautifully designed outdoor spaces. Priced as the lowest unit in the building, this is a standout opportunity that won’t last. Book your private viewing today! More detailsListed by Century 21 Bravo Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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6107 1808 Mahogany Boulevard SE in Calgary: Mahogany Apartment for sale : MLS®# A2337908
6107 1808 Mahogany Boulevard SE Calgary T3M 4A5 OPEN HOUSE: Aug 29, 202612:00 PM - 05:00 PM MDTOpen House on Saturday, August 29, 2026 12:00PM - 5:00PMOPEN HOUSE: Aug 30, 202612:00 PM - 05:00 PM MDTOpen House on Sunday, August 30, 2026 12:00PM - 5:00PM
$339,900Residential- Status:
- Active
- MLS® Num:
- A2337908
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 701 sq. ft.
Welcome to "The Findlay 2"—a sophisticated ground-floor sanctuary masterfully crafted by multi-award-winning Logel Homes, ideally set within Calgary’s premier lake community of Mahogany. Offering the ease of stair-free living, this exceptional 2-bedroom, 2-bathroom residence seamlessly marries architectural elegance with high-end practical upgrades. Step into a bright, open-concept main floor designed to maximize light and everyday livability. The focal point of the home is a chef-inspired kitchen featuring refined micro shaker cabinets, generous pot drawers, and an upgraded full-tile backsplash. Illuminated by flush potlights, this culinary space comes fully equipped with premium additions including an upgraded front-control range, a custom hood fan, a built-in microwave, and a high-end Blanco double-bowl undermount sink. The seamless flow from the kitchen to the spacious living area makes hosting friends or relaxing after a long day completely effortless. The thoughtfully planned layout places an emphasis on comfort and personal space. The secondary bedroom is highlighted by a stylish transom window that pours in ambient sunlight while retaining complete privacy—making it a perfect guest room or executive home office. Both full bathrooms are impeccably appointed with durable tile flooring, extended vanity heights for an elevated touch, and upgraded lighting. The private primary ensuite offers extra functionality with an integrated bank of drawers for maximum storage. Complete with an outdoor patio, in-suite laundry, a secure assigned storage locker, and a titled underground heated parking stall, every detail has been considered for low-maintenance living. Outside your door, Mahogany’s legendary lifestyle awaits, complete with private lake and beach access, miles of interconnected pathways, and a walkable village hub brimming with local cafes, dining, and shops. Whether you are searching for your dream first home, downsizing into easy single-level luxury, or looking for a high-performing investment property, "The Findlay 2" offers an uncompromised blend of quality and location. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2109 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2338418
2109 8500 19 Avenue SE Calgary T2A 7V1
$223,800Residential- Status:
- Active
- MLS® Num:
- A2338418
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 551 sq. ft.
Underground Parking & Huge Private Patio! Brand new, never occupied unit in Belvedere! Nicely appointed and well laid out open modern plan in a brand new, just completed building. Massive, hard to find outdoor deck which easier fits the largest outdoor furniture sets and allows for a very unique living style in the apartment space. Rear landscaping is still being completed by the developer and will include greenspace and park space. Deluxe stainless-steel appliances, quartz countertops & island, and wide plank LVP flooring throughout make this unit and incredible affordable luxury unit offering extraordinary value! Secure, heated underground parking. Very low condo fees! Just steps to every amenity including shopping, large department stores, Cineplex, and more! Easy access to Stoney Trail for a quick commute and just minutes to Chestermere Lake! This property has never been occupied, carries a full warranty, & is ready for immediate possession. Incredibly large rooftop patio and very well-appointed building gym, rivalling many commercial gyms! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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6412 20295 Seton Way SE in Calgary: Seton Apartment for sale : MLS®# A2338032
6412 20295 Seton Way SE Calgary T3M 3Y7
$429,000Residential- Status:
- Active
- MLS® Num:
- A2338032
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,088 sq. ft.
Welcome to this beautifully maintained 1,088 sq. ft. top-floor condo in the vibrant and highly desirable community of Seton. Offering 2 bedrooms and 2 full bathrooms, this spacious home features an open-concept layout, large windows, abundant natural light, and impressive top-floor views, with the added privacy and quiet enjoyment of having no neighbours above. The modern kitchen features sleek cabinetry, stainless steel appliances, ample counter space, and a functional layout that flows seamlessly into the dining and living areas—perfect for both everyday living and entertaining. The spacious primary bedroom includes a 4-piece ensuite, while the second bedroom and additional full bathroom provide excellent flexibility for family, guests, or a home office. Additional features include titled underground parking (Stall #209) and assigned storage (Locker #20), providing added convenience and value. Enjoy an exceptional Seton location within walking distance of the Brookfield Residential YMCA at Seton, South Health Campus, shopping, restaurants, grocery stores, and everyday amenities. With convenient access to Deerfoot Trail, Stoney Trail, and public transit, commuting throughout Calgary is easy. Spacious, bright, and move-in ready, this top-floor unit offers an excellent opportunity to enjoy one of Calgary’s most convenient and rapidly growing communities. Book your private showing today! More detailsListed by RE/MAX Complete Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2509 8500 19 Avenue SE in Calgary: Belvedere Apartment for sale : MLS®# A2337261
2509 8500 19 Avenue SE Calgary T2A 7V1
$199,900Residential- Status:
- Active
- MLS® Num:
- A2337261
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 504 sq. ft.
Welcome to this beautifully positioned 5th floor condo in the growing community of Belvedere, offering 504 sq ft of thoughtfully designed living space with peaceful pond views and an unobstructed outlook. This 1 bedroom, 1 bathroom unit offers a bright and functional layout that makes excellent use of the space. Being located on the 5th floor means you can enjoy added privacy, plenty of natural light and relaxing views without another building directly in front of you. The home also includes one titled underground parking stall, keeping your vehicle secure and protected through Calgary winters. Residents can enjoy additional building amenities, including access to the fitness centre located in Building 3000 and rooftop patios located in Buildings 1000 and 4000. The complex is also pet friendly, subject to condominium restrictions. The location is another major advantage. Belvedere continues to grow with shopping, restaurants and everyday amenities nearby, while convenient access to Stoney Trail makes getting around the city easy. Whether you are a first time buyer looking to get into the market, an investor searching for a low maintenance property, or someone looking to simplify their lifestyle, this condo offers a great combination of location, views, functionality and convenience. More detailsListed by RE/MAX First- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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1207 681 Savanna Boulevard NE in Calgary: Saddle Ridge Apartment for sale : MLS®# A2337767
1207 681 Savanna Boulevard NE Calgary T3J 5N9
$309,900Residential- Status:
- Active
- MLS® Num:
- A2337767
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 851 sq. ft.
Welcome to this bright and well-maintained 2-bedroom, 2-bathroom apartment, offering the perfect blend of comfort and convenience. It comes with one underground parking space, with no snow-removal hassle in the winter. Enjoy a functional layout ideal for families, downsizers, or investors. Located steps from a vibrant commercial strip plaza, you’ll have shops, restaurants, and everyday essentials right at your doorstep. Public transit is within walking distance, making commuting simple, while nearby parks and schools add to the appeal for families and outdoor lovers alike. A fantastic opportunity to own a centrally located home that combines accessibility, lifestyle, and value. More detailsListed by Real Broker- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2311 430 Sage Hill Road NW in Calgary: Sage Hill Apartment for sale : MLS®# A2337507
2311 430 Sage Hill Road NW Calgary T3R 2J9
$264,900Residential- Status:
- Active
- MLS® Num:
- A2337507
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 533 sq. ft.
This brand-new 2-bedroom home, built by Logel Homes, comes with full Alberta New Home Warranty coverage and features a durable, hail-resistant, sound-dampening fiber cement exterior. The interior offers 9' knockdown ceilings, luxury vinyl plank flooring throughout the main living areas, and ceramic tile flooring in the bathroom. The kitchen includes maple dovetail cabinetry with soft-close doors and drawers, quartz countertops, a full-height ceramic tile backsplash, and a stainless steel appliance package including a front-control smooth-top self-cleaning range and over-the-range microwave with hood fan. The bathroom features quartz countertops, and a stacked washer and dryer are included.. The balcony includes a built-in gas line for your barbecue. More detailsListed by RE/MAX Real Estate (Mountain View)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data was last updated August 27, 2026 at 08:05 PM (UTC)
Explore Calgary Condos for Sale by Bedroom Count
Comparing new condos in Calgary with the broader condominium market? Bedroom count is a useful starting point, but floor plan, storage, parking, monthly condo fees and total ownership costs can matter just as much as the number on the listing.
1 Bedroom Condos in Calgary
1 bedroom condos for sale in Calgary may appeal to buyers who value a smaller footprint, lower purchase price or simpler day-to-day maintenance.
When comparing newer one-bedroom units, review usable floor-plan space, storage, balcony or outdoor area, parking availability and whether utilities are included in the condominium fee.
2 Bedroom Condos in Calgary
2 bedroom condos for sale in Calgary may provide greater flexibility for guests, a home office or shared living arrangements.
Buyers should compare the location and dimensions of each bedroom, bathroom configuration, storage and parking rather than assuming all two-bedroom layouts provide similar usable space.
3 Bedroom Condos in Calgary
3 bedroom condos for sale in Calgary can offer additional space for larger households, work-from-home needs or buyers who want more flexibility without moving to a detached property.
Inventory may be more limited than smaller condo layouts, so compare unit size, building location, parking, storage, condominium fees and the functionality of the complete floor plan.
4 Bedroom Condos in Calgary
4 bedroom condos for sale in Calgary represent a less common segment of the condominium market and may include larger apartment-style units, multi-level properties or other condominium configurations.
Buyers should confirm the actual bedroom distribution, total living area, bathroom count, parking and storage, as well as the monthly costs associated with a larger condominium unit.
New-build condo availability can vary considerably by bedroom count, community and development. Regardless of unit size, buyers should review condominium fees and inclusions, bylaws, reserve-fund and financial information where applicable, insurance, parking and storage, pet and rental rules, renovation restrictions, possession details, the condition of the unit and the complete monthly cost of ownership.
Contact Diane Richardson About New Condos in Calgary
Ask about a new-build or recently completed Calgary condo, arrange a viewing or discuss the communities, price range, bedroom count and building features that matter to your condominium search.
If you have already found one of the new condos for sale in Calgary that interests you, include the MLS® number, property address or listing link when you get in touch. If you are still comparing options, provide your preferred location, approximate budget and requirements for bedrooms, parking, storage, amenities and possession timing.
Contact Form
Use the online contact form to submit a listing question, request a viewing or provide your new-condo search criteria.
Phone or Text
Call or text Diane Richardson at 403.397.3706 to discuss available new-build and new-construction condos in Calgary.
Email diane@mypadcalgary.com with the property information or condominium requirements you would like to discuss.
Information to Include With Your New Condo Search
- Preferred Calgary communities or quadrants.
- Approximate purchase price range.
- Preferred bedroom and bathroom count.
- Minimum interior living area where relevant.
- Parking requirements and number of stalls.
- Storage-locker requirements.
- Balcony, patio or outdoor-space preferences.
- Preferred building amenities.
- Maximum condominium fee where applicable.
- Pet or rental considerations where relevant.
- Recently completed versus new-construction preference.
- Preferred possession timing.
Review More Than the New Finishes
A newer condo may have contemporary finishes and recently installed building systems, but buyers should still review the condominium structure, available financial information and the complete cost of ownership.
- Current condominium fees and what they include.
- Condominium bylaws and rules.
- Reserve-fund information where applicable.
- Financial statements and budgets where available.
- Condominium corporation insurance.
- Meeting minutes where available.
- Current or proposed special assessments.
- Parking and storage ownership or assignment.
- Pet, rental and renovation restrictions.
- Condition and inspection of the individual unit.
- Common areas and building amenities.
- Total monthly ownership costs.
Buying New Construction or Before Completion?
When a condo is being purchased directly from a builder or before construction is fully complete, the purchase documentation and timeline may differ from a conventional resale condominium transaction.
Buyers should review the specific purchase agreement, included specifications, upgrades, deposit requirements, estimated possession details, adjustments, warranty information where applicable and any GST or tax considerations with the appropriate legal, tax and financing professionals.
MLS® listings described as new, new-build or new-construction can represent different stages of completion and different transaction structures. Buyers should verify the specific property’s completion status, ownership documents, condominium information, possession details, warranty information where applicable and any amounts or adjustments payable in addition to the advertised purchase price.
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