Every deposit cheque, on a date.

A builder’s deposit structure is usually described as percentages and day counts. Turn it into real dates and running totals, alongside the cooling-off period that does or does not apply, the closing costs the price does not include, and the questions worth asking before you sign. Print it, or copy it into an email.

The purchase

Purchase price $ Signing date Estimated occupancy or closing Builder dates move. Use their current estimate and rebuild this when it changes.

The structure

Deposit structure Match it to your agreement — builders vary, and the schedule is sometimes negotiable.

What are you buying? Only new condominiums get Ontario’s ten-day cooling-off period. Freehold gets none.

How will you use it? This changes the HST rebate treatment, and the numbers involved are large.

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If you would like Feras to look at what you worked out and tell you what it means for your particular move, send it over. You can see exactly what gets sent before you send it, and you can leave the figures out entirely.

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Every deposit cheque, on a date.

The purchase

The structure

Want a broker to checkyour numbers?

Send these figures to Feras

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Let's make your next move make sense.

Want a broker to check
your numbers?

Other calculators worth
ten minutes of your time.