Quick answer
Ontario builders typically stage deposits over the first year — a cheque on signing followed by instalments at roughly 30, 90, 180 and 365 days. Tarion protects freehold deposits up to a statutory limit, with excess amounts secured separately.
Why deposits are staged
Builders spread the deposit over instalments so buyers are not required to produce the entire amount at signing. A typical freehold structure asks for a cheque on signing followed by further instalments at 30, 90, 180 and 365 days.
Deposit protection
Tarion protects freehold deposits up to a statutory limit for homes covered by the Ontario New Home Warranties Plan Act. Excess deposits are usually secured by supplementary protection arranged by the builder.
Planning your cash
Hold deposit funds in liquid, low-risk accounts. Locking money into terms that mature after a deposit date is one of the most common avoidable problems we see.
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.
More in Smart Buyer Guides
Back-to-Back vs Traditional Townhomes: Which Crown of Caledon Town Fits You?
Two freehold town products, roughly $100K apart. Here's the honest trade-off between footprint, yard, parking and resale.
Buying Pre-Construction in Caledon: A Smart-Buyer Checklist
Deposits, cooling-off period, Tarion, closing costs and the clauses worth reading twice before you sign.
Tarion Warranty & Closing Costs on a New Caledon Home
What Tarion actually covers, for how long, and the closing-day line items buyers most often forget.