Quick answer
Before buying pre-construction in Caledon: refresh your pre-approval, budget the full staged deposit schedule, have a lawyer review the agreement (freehold homes have no 10-day cooling-off period), confirm a development-charge cap, and understand Tarion's 1, 2 and 7-year warranty coverage.
Before the launch
Refresh your pre-approval, confirm your down-payment timing against a staged deposit schedule, and choose your product tier and two backup lots. Decisions made under launch-day pressure are worse decisions.
The 10-day cooling-off period
Freehold new-home purchases in Ontario do not carry the statutory 10-day rescission period that applies to new condominiums. Have your lawyer review the agreement before signing, not after.
Deposits
Fieldgate typically structures deposits as extended instalments over roughly the first year from signing. Budget the full schedule, not just the first cheque, and keep the funds liquid.
Tarion and closing costs
Tarion covers deposit protection, delayed closing compensation and defect warranty periods of one, two and seven years. Beyond the purchase price, budget for development charges (where not capped), utility enrolments, Tarion enrolment fee, land transfer tax, legal fees and adjustments on closing.
Read these clauses twice
Occupancy and closing-date extension provisions, the development-charge cap, the upgrade and colour-selection deadline, and the assignment clause. These four decide most post-signing surprises.
Pricing referenced above is preliminary VIP pricing and subject to change without notice. We do not represent the builder. Register below for the official Crown of Caledon price list and floor plans.
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Deposit Structures for Ontario Pre-Construction Homes, Explained
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Tarion Warranty & Closing Costs on a New Caledon Home
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