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Welcome to Assignment Busters

Your Premier Condo Assignment Sale Directory in Toronto & GTA

Buying and selling assignment sales in Toronto is not easy. Find listings or connect with serious buyers, and let our experts handle the rest for you.

New Assignment Sales in Toronto

M2M Condo Assignment, 1 Bed + Den, 1 Bath

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88 Queen Condo Assignment, 1+1, 2 Bath

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The Well Condo Assignment, 2 Bed, 2 Bath

Peter and Adelaide Condo Assignment, 2 Bed, 2 Bath

Assignment sales by price range $/psf, are you looking for selling your assignment unit.

We are glad to say AssignmentBusters.com is the place to help assignment sellers to advertise their property for FREE . Fill in the form below to access guidelines for the selling assignments. You can also contact our condo specialist Harry directly at (416) 587-5913 for more information.

Assignment sales by City

What is a condo assignment.

Condo Assignment is a transaction for changing the right of ownership of a Pre-Construction Condo Unit. The subject right of ownership has been purchased from the Builder by the initial buyer. So literally this transaction would “Assign” the New Buyer as the Owner of the subject unit.

Who Is Assignor And Who Is Assignee In A Condo Assignment Transaction?

the Assignor is the one who has the right to “sell” the Agreement of Purchase and Sale and the Assignee is the one who is purchasing the Assignor’s interest in the Agreement of Purchase and Sale  

Can I Assign My Condo In “Interim Occupancy” Period?

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How To Sell A Condo Assignment Unit?

If you are the lucky person who could successfully manage to purchase a pre-construction unit, you cannot just sell it any time after signing the contract with the Builder of the condo project. There are restrictions that apply as per Builder’s criteria before they let you sell the unit. Some Builder’s criteria could be:

Typically the Sold Out Unit Ratio (Number of Sold Units/ Total number of the Units) shall be around 50% -90% depending on the Builder and/or the project. Permission to assign by the Builder. Builders in nature would not like you to assign the unit to any other person. Some Builders would give you permission at the time of signing the initial contract as a motivational selling material and they may mention a fee for it if the assignment transaction happens later on. If you have not obtained that permission, we might be able to get it for you. Permission to advertise on the MLS system. Again, Builders do not like to see any units to be shown up on the MLS system. They would like to control the selling price of the remaining units in the building and possibly the other phases of the same complex.

How Is HST In Condo Assignment Deal?

By law. HST is applicable on all brand new properties. For simplifying the transaction, the Builders prefer to include the HST in the purchase price. In case you do not move in the subject Unit, you may need to pay HST to the government. Consulting with a lawyer is recommended.

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GTA-Homes » Real Estate Info » Assignments

• Assignments

An Assignment Sale in the Pre-Construction Market

Simply put, an assignment sale is the sale - or an "assignment" of a contract to purchase a pre-construction condominium suite. An assignment sale is usually applied to the pre-construction condominium that has not been registered yet, so no one can take ownership of the unit itself. Only the contract can be sold.

When you purchase a pre-construction condominium unit, you may be given an assignment clause in your original Agreement of Purchase and Sale (APS). This is key. This clause gives you the ability to sell the rights to your unit before the condominium is even registered.

• Assignee/Buyer is not buying a property from Assignor – Assignee is buying the “right” to acquire property from a 3rd party (usually a builder)
• Assignor assigns its interest and rights in the Original Agreement with the Builder (or original seller)
• Assignor assigns to the Assignee its interest in the original “deposit”
• Assignee “assumes” and agrees to perform all of the Assignor’s obligations under the Original Agreement

Once the building has been constructed and registered by the city, the ownership will be transferred to the buyer. Until then, it’s just the sale of a contract, but as you will see, there are many advantages to these kinds of sales for both the buyer and seller.

In this article, you will learn more about assignment sales, why they are used, and how you can benefit from this unique transaction as an investor. This way, you will be able to determine if an assignment sale is right for you.

We at GTA-Homes strive to provide our clients with the knowledge of the pre-construction market so that they can make a more informed choice when it comes to investing in their future.

An assignment sale can be mutually beneficial for both the buyer and the seller.

See all assignment listings, what you'll learn..., what is an assignment sale, an example of an assignment sale, is it worth it to buy an assignment.

• Is it a Good Idea to Sell An Assignment

Assignments FAQ

The Details of an Assignment Sale

Assignment sales is not a new strategy in Canada, particularly assignment sales in Toronto. However, compared with other countries where condos have been around much longer, the process of assigning a condo in Ontario is not always well understood by sellers, buyers, agents, lawyers, and even lenders. Sellers who have been taking the time to learn about assignments have been reaping the rewards by maximizing their profits.

Why do pre-construction assignment sales happen?

There are many reasons why someone might want to sell the rights to their unit before it’s been built. For example, someone may have bought a suite that’s three years away from being completed, but recently had to relocate for a job. This buyer may need to sell their agreement to afford a property in their new city.

Another common reason is that a buyer began the purchase process when they were single but during the pre-construction process they married or are now expecting a child. Suddenly they’ve discovered that the pre-construction one-bedroom suite they bought is not big enough for a growing family.

The “ assignment clause ” in the purchase agreement comes in handy when these things happen. It allows the original buyer to pass the contract onto somebody else without accruing financial penalties.

These types of transactions are common and fully legal, but whether you are the buyer or the seller, it’s important to work with both an experienced realtor and lawyer who know how to protect your interests.

These deals are more complex than a conventional resale and involve three parties: the developer, the assignor and the assignee. It’s a two-stage process that involves both interim occupancy and the final closing.

This is just the basics of an assignment deal. There are more details regarding mortgage rules, and other contract details. Keep reading to learn more! Or you can always reach out to talk with one of our agents. We love to talk condos! This is just a general overview, but each arrangement is unique with its own rules, terms, and conditions.

We advise everybody who is thinking of buying or selling a pre-construction assignment to seek advice from a real estate agent, lawyer and tax accountant. Contacting an agent is important because assignors may have to pay a fair amount of tax on any profits they received from the completed sale.

Most builders allow assignment sales and you will often see these listings on REALTOR.ca. However, there are some rules in the original purchase agreement that must be followed. They are also more complicated than a regular sale because a mortgage cannot be obtained on the closing of the transaction, only once the building has been registered. Other issues such as occupancy, reimbursement of the seller’s deposits and more must be taken into account.

Pre-Construction Purchase

In 2017, John Smith bought a pre-construction condominium unit from ABC Developments for $400,000 with a total down payment of 20%, equalling $80,000. He signed the original Agreement of Purchase and Sale (APS), and the project is set to be completed in 2024.

Original Buyer Needs to Relocate

In 2023, John discovers he will be relocated to a new city for his job. He can't afford to buy a new home while holding onto his pre-construction condo unit.

Original Buyer Becomes an Assignor

Fortunately for John, the assignment clause allows him to sell the contract for his unit before the building is completed and registered! John becomes an assignor.

Assignee Buys the Rights to the Unit

John contacts an experienced pre-construction sales agent who networks on his behalf to find an interested buyer (an assignee). His agent finds Jane Doe, who wants a great deal on a new condo and decides to buy the rights to John's unit. As the assignee, Jane decides to make the purchase and agrees to perform all of the assignor's obligations outlined in the original APS. John has decided to sell the contract to his unit to Jane Doe. Due to the changes in the market, he was able to sell the contract for $500,000.

• Assignment Purchase:
• Assignment Agreement: $500,000
• Original Purchaser (Assignor) = John Smith
• New Purchaser (Assignee) = Jane Doe
• Vendor (Builder) = ABC Developments

Assignment Purchase Price by John Smith to Jane Doe = $180,000, due immediately. This includes a deposit of $80,000 + profit $100,000. The amount and timeframe for this payment can also be negotiated.

Assignee Moves In

In 2024 when the building is complete and ready for interim occupancy, Jane Doe will move into the unit during the occupancy period. At this point she will begin paying occupancy fees to the developer. These fees take the place of mortgage payments and condo fees until the building can be registered.

Interim occupancy happens when the city has designated the property as safe to live in. The building will be officially registered once the municipality does a final inspection. Jane Doe can occupy her suite in the meantime until the building is officially registered.

Assignment Details

When the building is officially registered by the city, the official title transfer takes place between the developer and the new purchaser. Jane Doe can finally register a mortgage and start paying her mortgage payments and condominium fees. Funds required to complete the sale by Jane Doe to the builder = $320,000

Jane Doe now has all the rights to the property, just like any homeowner. Any future re-sale of the property will consist of a regular real estate transaction.

Assignment purchases can actually give you some of the best deals in the GTA condo market because fewer people typically seek out these types of sales. In addition to fewer buyers, many real estate agents aren’t familiar with the structure of an assignment sale and often won’t bother to advertise these listings. Even lawyers may not know the ins and outs of an assignment sale.

The high demand in the resale market can potentially force buyers into bidding wars, which can cause people to overpay for their suite. Buying a contract through assignment gives you the opportunity to avoid excessive competition and often means you pay much less than you would for a resale unit.

The assignment condo market can be mutually beneficial for both the buyer and the seller. The seller can list their unit without having to wait until the building is completed, and the buyer can save time and potentially thousands of dollars.

Another advantage to buying an assignment agreement is that you will get a brand-new unit that automatically comes with the seven-year Tarion Warranty Program. Let’s not forget that you’ll likely move into the unit sooner instead of waiting the usual 3 to 4 years for the building to be completed!

Let’s Recap Some of the Advantages for Buyers:

• Options: More choices when there’s a shortage of listings in the market.
• Less Competition: Fewer people look at these types of listings.
• Peace of Mind: Fewer people looking at these sales means there’s less of a chance for a bidding war. You can avoid bidding wars and paying more than you can afford just to outbid another buyer.
• You Become A VIP: You will likely inherit VIP incentives like the seven-year Tarion Warranty Program and other incentives from the builder such as credits, upgrades, capped developing charges and much more.
• More Choices: Depending on how far along construction is, you may still be able to select your own finishes, colors and upgrades.
• Negotiate: Sellers usually need to sell because they need to drop their equity. This can give you leverage for prices, deposits, and closing dates.
• Brand New Suite: You will get your unit much faster instead of waiting 2-3 years like in a typical pre-construction contract. Oftentimes the occupancy date is just a couple of months away.
• Taxes: You may also benefit from saving on taxes like GST and HST.

We love to chat about the assignment sale market, so don’t wait, give us a call and let’s find you a great deal.

Is It a Good Idea to Sell An Assignment?

Traditionally, owners who wanted to sell their pre-construction units had to wait months or years for the final closing date to officially put their suite up for sale. By this time, they could have already put significant funds into occupancy fees and closing costs. If you find you want to sell your unit before its closing date, assigning it can be a great choice. This can help you save money and avoid paying occupancy fees and closing costs.

Assignments sales is not a new strategy in Canada, but compared to other countries where condos have been around much longer, the process is not always well understood by sellers, buyers, agents, lawyers, and even lenders. Sellers who have been taking the time to learn about assignments have been reaping the rewards by saving time and maximizing their profits.

These transactions are becoming increasingly popular. Think of it as a sort of condo flipping. Sellers can transfer their property rights during or before interim occupancy and avoid paying hefty carrying and closing costs, which helps them get their deposits back.

Most builders allow assignment sales, although they often have certain rules that must be followed. Even with strict rules in place, however, there are options available for you.

Let’s Take a Look at the Advantages for Sellers:

• Insurance Policy: In the event that your situation changes and you no longer need your unit, you are able to sell your assignment and pull out your equity.
• Gain a Profit: In a seller's market, you may be able to sell the rights to your unit at a higher price than you bought it, gaining a profit. This is like 'condo flipping'. In the right real estate environment, assigning your unit can be a lucrative financial move.
• No Carrying Costs: By passing the right to your unit to someone else, you can avoid paying monthly occupancy fees to the developer that can sometimes last up to two years.
• No Closing Costs: You don’t need to take out a mortgage or incur any other closing costs.

Register With GTA-Homes to Learn More

Our team of Platinum Agents is very well-versed in assignment sales and can help you make the most of your investment. Whether you are interested in buying or selling an assignment, we can help you follow the right track for the best possible outcome. There are excellent opportunities to be had now in the GTA. With a Platinum Agent, you can find 'hidden deals' that may not be advertised elsewhere. You can also gain access to eager buyers as a seller and get ahead. Register below and let us connect you with the best advice.

What is an Assignment Sale?

It is the sale of a contract to purchase a pre-construction unit. This means, instead of selling an already built unit, what’s being sold is the contract or right to acquire the property upon completion. The original purchaser (the "assignor") of a property sells their obligations under the original contract to a new purchaser (the "assignee").

The assignee will generally assume all of the assignor's duties and obligations, such as interest payments, taxes, and maintenance fees during interim occupancy. Upon completion, the assignee is granted the title to the real property and will incur all final closing costs.

Can any kind of purchase agreement involving a real estate transaction be assigned?

Under normal circumstances, any purchase agreement can be assigned, providing the agreement doesn’t prohibit it.

Is an Assignment legal?

It is legally permitted unless prohibited in writing in the original agreement of purchase and sale. In some cases, the developer may charge the assignor a fee for this kind of sale.

Is it necessary to get permission from the developer to assign the contract?

That depends. You need to consult your purchase agreement to get the specifics. Generally developers will not permit an assignment sale without their consent, which means you’ll need to consult with them and a legal representative. There have been incidents where an unauthorized assignment sale has resulted in the original agreement being terminated, and the deposit withheld!

Is there a standard legal form for these types of sales?

Yes, there are two: OREA Form 150 Assignment of Agreement of Purchase and Sale Condominium and OREA Form 145 Assignment of Agreement of Purchase and Sale (including applicable schedules.) In most cases, the developer will have their own form as well.

Will either the assignor or assignee’s lawyer services be adequate?

It is essential that the assignor and assignee each retain a lawyer with expertise in this area of real estate.

Can the assignor’s realtor market the assignment listing on MLS or REALTOR.ca?

Sometimes. Double check with your builder, as it depends on whether they permit advertising.

What happens if the construction, occupancy, closing, or unit transfer date is delayed?

In the event of a delay, the agreement is still valid. This means the assignee has agreed to take on the agreement and all responsibilities associated with it, including delayed construction or occupancy.

What if the assignee doesn't close?

This is no different than any other property sale, meaning the assignor, in most cases, is not released from the obligations under their original purchase agreement. In this situation, both the assignor and assignee will be liable.

What is the cost of assigning an Agreement of Purchase and Sale?

If the developer consents to the arrangement, there will generally be an administration fee and legal fees. These fees will vary. Consult the original purchase agreement and the developer for specific information.

When does the assignor get their money?

This generally depends on the closing date and the terms of the agreement that the assignor and assignee agreed on. Usually the assignor is paid when:

• the assignee takes possession or,
• when the developer approves the process, if applicable or,
• when the assignee obtains legal title

Who gets the interest, if any, payable by the builder on the original deposits?

Unless otherwise specified, the interest is likely to be paid to the assignor.

Who pays the interim occupancy costs?

Once the assignment is finalized, the assignee will typically pay occupancy costs.

What closing fees are payable?

After the condominium is registered, the builder transfers the ownership title to the assignee. The assignee pays the balance to the builder and any amount still owed to the assignor. Some of the costs the assignor may pay include:

• Estimated property taxes for up to 2 years
• Hydro/water/gas meter installation and connection charges (approx. $500–$700 per meter)
• Development charges/levies (potentially thousands of dollars)
• Tarion New Home Warranty (ranging from $600–$1,900. See Tarion website for fee structure)
• Discharge of builder’s mortgages (approx. $200–$300 per mortgage)
• Builder’s lawyer’s Law Society charge (approx. $70)
• Two months of occupancy fees for reserve fund
• Other amounts set out in the Agreement of Purchase and Sale

These costs are typically not financed with a mortgage. The assignee is responsible for the following additional fees:

• Legal fees and disbursements
• Land transfer tax (provincial and municipal)
• GST/HST rebate
• Municipal levies

If you are interested in either buying or selling a pre-construction condo assignment, working with a realtor who is experienced in finding, negotiating and drawing up an offer for these types of sales can be invaluable. You’ve come to the right place! At GTA-Homes, we have a wealth of expertise, knowledge and resources when it comes to assignment sales. We would be more than happy to assist you in finding an excellent opportunity in the GTA for a prosperous future. Register now to connect with our award-winning team.

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A Comprehensive Guide To Selling Your Assignment Condo

Trying to resell your preconstruction condo before closing? This blog is for you. Assignment sales are more complicated compared to their resale counterparts, but with some guidance, the process is easy. 

An assignment sale is a sale where the original buyers of a condo or home resell their contract to another buyer before closing. The most common type of assignment is a preconstruction condo assignment. Preconstruction condo assignments are prevalent because of the time lag between purchasing the home and the move-in date. While condo assignments might be the most popular type of assignment, any real estate contract is assignable. This blog is going to discuss condo assignments since they are the most prevalent, but *most* of the details apply to assigning a home or commercial preconstruction property as well.

In the GTA, our preconstruction market is booming. Toronto alone sees around 30,000 new home completions a year. Around 70% of preconstruction purchasers are investors. The remaining 30% of buyers are end-users who plan to use the property themselves. However, many investors, and end-users, might decide to sell the property before the final closing. Since there is no title to transfer, these buyers have to assign their contract to the next buyer. 

What is a preconstruction condo assignment sale?

An assignment is when the original buyers of a preconstruction condo decide to sell their contract with the builder to another buyer before the home is complete. This differs from a regular real estate transaction because we are not buying or selling a home, rather we are buying or selling an interest in a contract to purchase a home once it’s complete. Essentially, the buyers are taking over the seller’s place in the contract with the builder. The new buyer pays the seller their deposits back, as well as any profit. In trying times, there might not be profit, and in extreme cases, the sellers might walk away from their deposits.

Assignments are like the wild-west equivalent of real estate. The buyers are called assignees, the sellers are called assignors, and there is no fixed closing date! You heard that right, the buyer purchases the contract not knowing whether it will close in 4 weeks, 6 weeks, or 8 weeks. In many cases, the buyers only have a rough estimate for the final closing of the property as well.

Every builder’s agreement of purchase and sale is different, so every assignment sale is different. You need legal and accounting advice before, during, and after an assignment sale. A real estate agent’s job in the transaction is to find a buyer, negotiate the contract, and coordinate the sale from start to finish. Your real estate agent might also connect you with accountants, and lawyers who can help make the necessary legal and tax declarations.

The Builder’s Role In Assignments:

Sellers often misinterpret their rights to assign in their purchase agreements with their builder. In the showroom, builders are quick to say their contract is assignable if you want to flip your contract before closing. However, builders can control when, how, and to whom you sell your contract.

It’s important to follow the rules set out by your builder when marketing your assignment. Deviating from the builder’s purchase contract can result in you losing your deposits!

Since all preconstruction home assignments require the builder’s consent, it’s important to prepare the file for their consent at your earliest convenience. The builder will want the same information they collected from you when you first purchased the home: full names, current address, sin, IDs (front and back), telephone number, emails, mortgage pre-approval letter,  lawyer information… they will also want the buyer to replace all your cheques. Those could be cheques for future deposits, or cheques for interim occupancy fees. It’s important to advise the buyers to prepare all of this information before submitting the file to the builder, so there is limited delay assigning the property.

How do you sell an assignment condo?

The first step to selling your assignment is to review your original purchase agreement. The builder’s purchase agreement outlines restrictions and fees associated with assignments. An experienced realtor or lawyer can also review the contract with you. Next, email your builder’s customer service account and ask for permission to advertise the property for sale.

It’s important to thoroughly understand your preconstruction agreement, because some incentives offered to you might not be transferable to the buyer. Builders often offer incentives to direct buyers to stimulate sales. However, they sometimes make these incentives non-transferable. That could mean the free design dollars, or the capped development levies might not be available to the next buyer. It’s important not to advertise incentives that aren’t transferable.

The second step is to hire a Realtor to advise you on current market conditions. Your realtor will discuss marketing options as well as help you decide on a market price. There is a strong chance the builder will prohibit MLS listings of their properties. However, many builders will allow online marketing in places like Facebook, Instagram, WhatsApp, and brokerage websites.

While Realtor.ca is the best marketing platform out there, buyers looking for assignments know to look elsewhere. Don’t worry if you cannot market on realtor.ca. One of the advantages of Sotheby’s International Realty Canada is our vast marketing platform outside of Realtor.ca

Important Dates:

The first date you need to consider is the assignment closing date. This is the date the assignee officially takes over the contract from the assignor. On average, assignment closing happens within 3-6 weeks after an offer is accepted. This is when the assignee becomes the new owner of the property, and the assignee receives some of their deposit/profit back.

The second date to consider is the interim occupancy date. When buying preconstruction condos, there is usually a period between when the unit is ready for occupancy and before the building has registered with the city. Since no title exists yet, you cannot get a mortgage. Instead, during this time, you move in and pay the builder rent until final closing. Interim occupancy can last from months to years. During interim occupancy, buyers have the chance to view the unit which could help sell the home. Interim occupancy is when most assignment sales take place.

The third date you need to know is the final closing date. This is the date that the building registers with the city and the assignee pays the builder the balance of the purchase price, land transfer taxes, closing costs etc. Sometimes, assignees will negotiate to pay some of the assignors profit on final closing date, so they can roll it into the mortgage.

What Is Negotiable During An Assignment Sale:

Since the contract with the builder is already firm and binding, there can be no changes to that contract. The buyer is merely stepping into the seller’s shoes, in exchange for their deposits and profits. The assignment contract negotiates the purchase price and the deposit structure. The purchase price will indicate how much profit (or loss) the assignor receives in the transaction.

The payment schedule of an assignment is dependent on whether there is a profit or not. If the seller is making a profit or breaking even, then the buyers are expected to refund the full deposit paid-to-date by the sellers. In many cases, that is 20% of the original purchase price. If the seller is losing money on the assignment, then the buyers will bring a deposit for less than the deposits already paid to the seller. The deposit is due upon acceptance of the offer.

If there is profit, the assignee and assignor will negotiate when that profit is paid out. Remember when we mentioned the three important dates? the assignment closing, the interim occupancy date, and the final closing date? well, when it comes to negotiating when to pay the assignor their profit, we usually pick one of these dates to pay out the assignor’s profit.

The expected final closing is an important consideration for buyers when negotiating when to pay the assignor’s profit. The longer the final closing date, the more risk for the buyer. The reason? there is always a small risk the condo developer cancels the project. If a condo developer cancels the project, the buyers are returned their deposits paid-to-date. However, if a buyer has paid an assignor $100,000 in profit, that money is gone. So if there is a long closing, expect buyers to protect their final deposits by delaying it till interim occupancy, or final closing.

Conditions In Assignment Sales

After finding a buyer, the first hurdle to overcome is negotiating a fair deal. Once both parties are satisfied with the terms of the contract, we make the deal conditional on the lawyer’s review. This gives both the buyer and seller a chance to have the assignment contract, as well as the original purchase agreement, reviewed by a lawyer. Once both parties have spoken to their lawyers and are happy to continue, we put the deal to the developer to approve the new buyer. This condition usually lasts around 30 days. If the developer does not approve the new buyer within 30 days, the deal will become null and void, unless the buyer and seller both agree to extend that condition.

Once the developer accepts the buyer, the assignment will happen within a few days. Most contracts outline an assignment closing within 5 business days after the developer gives their consent. Some buyers will also include financing conditions in their assignment offer, so they have time to run the deal past their mortgage broker. However, most assignments are purchased with only lawyer review and developer consent conditions.

Here’s an example of selling an assignment for profit vs selling an assignment for a loss:

Below are four examples of the deposit/profit payment schedule for assignments.

Example 1 is a fantastic example of a preconstruction condo that appreciated $100,000. In this typical example, the assignee and assignor agreed to a deposit big enough to return all of the assignor’s deposits, as well as some extra profit to cover Realtor commissions. This deposit is usually transferred to the listing brokerage within 1 day of the offer being accepted and is released to the assignor on assignment closing. In this example, the assignor and assignee also agreed to pay the seller the rest of their profit at the final closing.

Example 2 shows the same conditions for the sale, except the assignee agreed to pay the assignor their full deposit and all their profit on the assignment closing date, instead of the final closing date.

Example 3 looks at an assignment where the assignor is taking a $100,000 loss. Instead of being paid their whole deposit on assignment closing, they are paid their deposit minus the difference between the purchase price and the sale price.

Example 4 is a rare case, where the market has turned significantly and the assignor is looking to transfer their assignment for $0. This means the assignor is walking away from all their deposits and will take no money to transfer their contract to the assignee.

What Does It Cost To Sell An Assignment condo:

The major fees when selling an assignment include the builder’s assignment fee, real estate commissions, and tax on the profit. Builder’s assignment fees usually range from $1500-$25,000 (in some extreme cases they go as high as $80,000). The assignor usually pays both the assignor and the assignee’s realtor commissions. The commission is something to negotiate with your agent. The total commission is usually 5% or less of the final sale price. There are likely taxes such as income tax, capital gains tax, or HST on the sale as well. Speak to your accountant about taxes due on the assignment sale.

Taxes due on an assignment sale:

The taxes on assignments are simple, however, buyers and sellers often confuse the HST taxes. That’s because there are two different HST taxes when talking about preconstruction assignments. Let’s clarify this! All new homes are subject to HST, however, end-users don’t notice the HST tax because the builder pays it and claims a $24,000 rebate on the end-user’s behalf. Alternatively, investors who purchase a pre-construction home are charged around $24,000 in HST, and are then able to claim a rebate for the HST they paid, if they rent the property out for one year. There are situations where an assignment will lose its eligibility for the HST rebate. If someone has lived in the home during interim occupancy, it will no longer be eligible for the end-user HST rebate.

The second HST tax we discuss when selling an assignment is the HST due on the profit. In many cases, the profit is subject to a 13% HST tax. In some cases, even the return of deposits is subject to HST.

The third tax is the income or capital gains tax on the profit. Any real estate property that is not your primary residence, as well as any business venture, is taxable as either a capital gain or as income. It’s really important to speak to an accountant before selling your assignment. Only an accountant can advise you whether you owe HST, capital taxes, or income taxes on your assignment sale.

Is it better to sell an assignment or wait till the condo is ready?

The pros to assigning a condo:

• Receive your deposits and profit sooner
• Avoid market risks. Savvy investors might look to assign their property if they sense the market might depreciate in the coming months/years.
• Avoid paying closing costs (land transfer taxes, development levies, utility hookups, and more). These usually come to a little more than 5.5% of the purchase price
• No mortgage or financing required
• Minimize holding costs (if you sell before interim occupancy or before final closing, there are no property taxes, maintenance fees, utility fees, insurance, mortgage, etc)

Cons to assigning a condo

• Developer restrictions (limiting the marketing of the property, limiting when they are accepting assignments)
• Market perception and buyer’s hesitancy when buying a property sight-unseen
• Market fluctuations suppressing buyer demand
• Limited buyer pool and most of the buyers are investors who want a good deal
• Usually sell for a lower price than comparable resale properties
• Financing challenges for the buyer if the property does not appraise at the new purchase price
• Potentially more taxes compared to closing and reselling

The most common mistakes when selling an assignment:

Hiring the wrong representation, or not relying on professional advice:.

As active realtors in the assignment market, we come across quite a few mistakes. But most of them could be avoided if the buyers and sellers were represented by experienced realtors and lawyers. The agreement of purchase and sale for an assignment is very different compared to an agreement of purchase and sale for a resale home. One of the most common mistakes we see from buyers and sellers is assuming the paperwork their realtors drafted is correct, and forgoeing their right to have their lawyer review the assignment paperwork.

Poor communication/understanding:

This happened to my assignment buyers recently. They purchased a home where the seller’s representative told us the finishes had not been chosen yet. We protected our buyers by including clauses to that degree. However, a few days after the assignment closing, we learned the sellers chose the finishes a few days before closing. Luckily, the developer allowed the buyer to make changes to the finishes at an additional fee.

Ignoring deadlines or dragging your feet:

Assignments come with a lot of moving deadlines, and there are a lot more parties involved compared to a resale property. Always return paperwork and signatures as soon as possible. Compared to a resale property where the only parties are the buyer, seller, and their agents and lawyers, an assignment involves the developer, the developer’s lawyers, the buyer and seller agents, and the buyer and seller lawyers. If everyone took 3 days to return paperwork, the conditional period would lapse and the deal would become null and void.

Incomplete Buyer Vetting:

Buying an assignment requires the assignee to have their mortgage preapproval, as well as their purchase funds available very shortly. If the assignee does not have a mortgage preapproval on hand, it could delay the developer accepting the assignment. If they do not have their funds available it could delay the quick closing as well.

It’s important to thoroughly vet buyers because some builders require the assignor to close in the rare chance the assignee cannot close.

Misunderstanding fees:

Builder’s contracts are not standard forms, and their deposit structures and closing fees can vary from site to site. There are a lot of potential fees when buying and selling assignments and they include, but are not limited to: deposits, seller’s profits, upgrades, lawyer’s fees, interim occupancy rent, utility set-up fees, development levies, realtor commissions, accountant fees, HST, and income taxes. These fees can vary from deal to deal, and when they are payable is different in every assignment. For example, some developers require the homeowner to pay for upgrades when they are chosen, and others charge for the upgrades at final closing.

If you have a preconstruction condo or home that you are thinking of assigning. Feel free to reach out to us for some advice and insight.

Related posts.

6 important facts to consider when selling a preconstruction condo.

Everything you need to know to sell your preconstruction condo assignment

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Assignment Sales Toronto

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Assignment Sales are one of the best ways to make money in the Toronto condo market, for both buyers and sellers. We can help you understand the process, guide you through the proper steps and avoid the common mistakes many make. With experts like us on your side, you'll see how successful buying and selling Assignments can be.

Everything you need to know about assignment sales.

Assignment Sales are one of the best ways to get into the Toronto Real Estate market. With the number of pre-construction condos nearing completion, you may see this term quite often when looking for real estate.

Assignment sales are not a traditional transaction, and many careful steps need to be taken to ensure both the seller and buyer are protected. There is also money to be made, so if you’re a novice investor, or someone who is in the pre-con market already, our advice about Assignment Sales and how they can work for you will take you and your investment dollars further.

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At TRB, we specialize in Assignment Sale listings and right now, we have some great ones. Everything from Studio Condos to 3-Bedroom Suites – there is something for every type of buyer. From investors looking for a great income suite to end users looking to move into a brand new building without the typical wait of pre-construction buying.

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What is an Assignment Sale?

An assignment sale is a type of real estate transaction that’s typically focused on pre-construction properties. The original buyer of a property allows another buyer to essentially take over the original buyers’ rights and obligations of the pre-construction Agreement of Purchase and Sale that they have with the developer. This takes place before the original buyer closes on the property or takes possession of it. The buyer of an assignment sale completes the deal with the seller/developer.

Even though this type of real estate transaction can take place with any type of property, it’s most common among pre-construction condos .

Reasons for Selling on Assignment

Pre-construction condos are typically sold several years in advance of the building being completed. During the time between purchase and occupancy, a lot of life changes can happen for buyers. Perhaps you’ve had a great job offer outside of the city, or you’ve recently married and are planning on starting a family. A condo that originally worked at the time of purchase may no longer be suitable after two to three years.

Another reason for selling on Assignment centres around finances. If the purchaser has found themselves in a situation where they can no longer make the deposit payments, or even close on the suite upon completion, they may find themselves in the situation where they have to sell.

Investors also use Assignment Sales as a strategy for making profits based on the quick rise in appreciation of a certain neighbourhood or even the demand for a specific type of suite.

How Assignment Sales Work

When purchasing an Assignment Sale, there are a number of items that you need to be aware of – even more so than with a traditional pre-construction purchase. When a condo is sold on Assignment, the seller is usually looking for a purchaser who can provide a purchase deposit equal to what the seller is currently out of pocket as the assignment sale deposit. Any upside of the sale of the assignment can be paid to the seller based on the negotiated terms of the deal.

Advantages of Selling on Assignment in the Toronto Condo Market

You Can Sell if You Need To Pre-construction condo purchases take place many years before the building is developed and ready to occupy. During these 2-3 years, lifestyle changes. Perhaps you purchased a small 1-bedroom suite, but during the development phase you’ve married and are expecting to start a family.

Perhaps you’ve secured a job out of province or are moving to another country – selling on assignment puts you in a situation where you don’t have to fulfill your obligation to close on the property due to your changed living situation.

Avoid Closing Costs Closing costs on a new condo can be significantly more than the closing costs on a typical resale. Always consult your lawyer and your accountant for what you can expect in terms of closing costs, especially if you are purchasing a condo that will not be your primary residence.

Selling by way of assignment means you pass all these closing costs on to the buyer.

Winning in a Hot Market If pre-construction investing is in your wealth strategy plan, using assignment sales to win is a no-brainer. The market has been successful for many first-time investors, and signs point to a continued strong pre-con market.

By selling on assignment, you’re able to invest with your deposit, and sell prior to closing without being greedy, yet still making a better return on your deposit money than most other investments. Selling your pre-construction contract gives you the advantage of reinvesting your money again and again with a steady, predictable return.

Advantages of Buying an Assignment Sale Condo in Toronto

You Can Purchase a New Condo for Less By buying a new condo on assignment you’re likely purchasing a product that’s been sold out for quite some time, at a price that’s likely no longer available. The price per square foot should ideally be less than today’s resale prices. Not only are you able to get a brand-new condo but you’re able to get it for a price that no longer exists in today’s market.

Buying on Assignment Gives Buyers the Advantage After construction begins, some investors will want to sell their suites on Assignment in order to cash out quickly. This then creates inventory in a particular building, giving potential buyers a number of suites to consider. Buyers have more to choose from, and time is on their side when it comes to decision making. Sellers are usually motivated to negotiate because they either need their initial output of cash, or need to sell prior to the condo’s registration date.

Built-In Equity The main reason buying a pre-construction condo is so appealing to both end users and investors is because of the ability to build equity as the condo is being built. When a buyer is forced to or opts to sell on Assignment, they are typically OK leaving some of the equity that the condo has earned on the table to get them out of having to close on the unit – this value is then there for you to inherit.

5 Tips to Consider Before Buying an Assignment Sale

Agreement of Purchase & Sale Cannot Change It is critical to work with a lawyer that is experienced with the ins and outs of Assignment Sales. The Agreement of Purchase and Sale that is done with the developer and the original purchaser and cannot be changed. So, as the buyer, you will be inheriting that agreement as your own, so ensuring all of the right clauses and caps are included in that document is incredibly important.

Use a Seasoned Real Estate Broker Always use a real estate broker when purchasing an Assignment Sale. Many buyers think this is a straightforward transaction, but that couldn’t be further from the truth. It’s more complex than any other type of residential transaction. The paperwork is more involved and there are a number of clauses and conditions that should be going into your offer when purchasing an Assignment Sale that only a seasoned broker and lawyer will know about.

Assignment Sale Offer Conditions When purchasing a resale condo or house, there are sometimes conditions that are associated with your offer for your protection – things like financing and home inspection or status certificate. Sometimes there are no conditions to make your offer more appealing in the case of competition.

When buying a condo on Assignment, we ensure several conditions are put into each offer, as this is a very different type of transaction. Some of the conditions we include are:

• Developer consent of the assignment sale
• Verification of deposit paid to developer to date
• Verification that the seller has the right to sell on assignment
• Verification that the seller is not in default

These are just some of the conditions that should be included in the offer to purchase an Assignment – there are many others we typically include as well, to ensure our buyer is protected.

Payment Structure When buying a pre-construction condo in Toronto, the developer usually asks for a deposit of anywhere between 15% to 20%, spread out over a certain number of days/years. Depending on what phase the development is at upon making your Assignment Sale purchase, you will pay the original purchaser (the Assignor) the deposits that have already paid to the developer to date. The remaining balance you will need to pay to the developer according to the timeline that is included in the agreement of purchase and sale. This could be up to 15-20% upfront.

Our biggest piece of advice to anyone purchasing an Assignment Sale is to NOT pay the seller any of the upside profits they are looking for until occupancy of the unit. This is different than closing, but it’s a condition we insist on. There is far too much risk on the buyer of the Assignment to pay any upside money out of pocket prior to the unit’s occupancy.

Closing Costs You will be responsible for all closing costs when the building is registered with the city. Closing costs include:

• Land Transfer Tax
• Development Charges
• Utility Connection Fees

This is also the time that your mortgage will officially begin.

Keep in mind, if you plan to use this pre-construction property as your primary residence, you qualify for the GST/HST New Housing Rebate. Investors who are renting out their condo will need to pay for this fee upfront. Your lawyer/accountant can file for a GST/HST New Residential Rental Property Rebate, refunded approximately 4 to 6 weeks later, provided you have a one-year lease in place.

As you can see, Assignment Sales can provide for major benefits for both buyers and sellers. You’ll get a brand-new condo without the years-long wait that typical pre-construction buyers have to endure. Don’t shy away from buying an Assignment Sale – just be sure to work with brokers like us who have an exceptional, long track record of successful transactions.

If you’d like to learn more about how Assignment Sales can work for you, and what projects are on our hot list, simply click below to fill out our form and we’ll be in touch via email right away.

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Pre-construction, assignments.

You're probably browsing this on your phone, but it'll be easier to group/sort/filter my online spreadsheet on a full browser.

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Click the link below each title to get access to an online spreadsheet. This will allow you to search for specific projects or run better filters.

If you don't see what you are looking for, text/call/email or live chat and request a certain project. I'll see what I can do.

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Assignment agent.

I get first access to units when the get released.

Get Super quick response times. Text, call or email.

How does this work?

I aggregate and upkeep a list of assignment sales throughout the GTA. They come from clients, other brokers and builders.

If you are looking for something specific, reach out and I will try and find it.

I would be representing you and doing the paperwork for any of these purchases. 

Are these up to date?

Since assignment sales are not reported on the MLS system, there is no way of knowing if it has already sold.

I try my best to keep everything up to date. I usually delete anything over a month and a half old.

Is this free?

Yes. There is no cost to access my list or get me to request units. If you decide to go ahead with a purchase, I will get paid commission from the seller. 

Lowrise Assignments

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(power + adelaide), river & fifth condo, 400 king west condos, kingsley square newmarket, stunning georgian model, peter & adelaide condos, time and space, blue jays way, sugar wharf east tower, transit city condos 5, the saint #4309, skyview north condos, transit city 5, the prestige, charisma - phase ii, dunwest condo, port credit, 123 portland, mobilio condos, tricycle condos, transit city 4, empire phoenix, young condos, mobilio south, oak & co condos, elgin east at bayview condo, northlink ii, stockyards district residence, symphony condos, artworks tower, modern love, abeja district tower 1, nobu residence, brightwater phase 1 tower 2, rise at stride condos, m city 1 condos, 8 cumberland, d'or condos, tridel via bloor 2 condos, via bloor 2, peter & adelaide condo, tretti condo, upper west side condos 2, crown condos, elevate condos, peter adelaide condo, dawson's single family, ksquare condo, chia oak & co, the landing, prestige one yonge, elgin east towns, 1 jarvis condos, m city condo, phase 1 east tower, the storey team, king and blue jays way, nobu residences, the point at emerald city, edge tower 2, liberty market tower, garment street condos, the mackenzie condos, aqualuna condos, saturday in downsview park, westwood gardens, oak & co. condo, trend condos, nahid kennedy, era at yonge condos, m city – 1, one28 king street, universal city condo, oak & co condo phase 3, station park condos, mirabella west, montvert condos, 8 haus boutique condos, canary commons.

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Everything you need to know about selling an assignment condo

Selling an assignment condo is not the same as dealing with a resale condo sale. You have to navigate many potential challenges and regardless of present market conditions, it can take time and skill to complete a deal. Depending on the contract you signed with the builder you may not even be allowed to sell the condo on assignment. If they do allow it, see below for a guide on everything you need to know about selling an assignment condo in the GTA.

What is an assignment sale?

An assignment sale is a transaction in which a buyer (the “Assignor”) has purchased a property and then sells their interest in that property to another buyer (the “Assignee”) prior to the property closing. Essentially, as the Assignor you are not actually selling the property; you are selling their contract along with the rights and obligations of the original agreement with the Builder or original seller. While it is possible to have an assignment sale of a pre-construction house or a resale property, assignment sales in Toronto are most common in pre-construction condos.

If you are looking to sell your condo prior to the building’s closing date you are the Assignor. In other words the original buyer of the condo unit in the pre-construction phase. In an assignment sale, the assignor is the seller.

The assignee is the buyer of the assigned condo and takes over all rights and responsibilities of the original contract.

Make sure that the agent you are working with is familiar with the process of selling an assignment condo. Most agents have no experience in assignment sales, so be careful who you choose to represent your best interests.

Cons of selling your condo on assignment

• The builder may have restrictions on how you can market your assignment condo. Your first step should be checking with the builder or reviewing your APS (agreement of purchase and sale) on what is allowed.
• The pool of buyers is limited due to the substantial amount of cash required.
• Due to the complex nature of an assignment condo sale, the legal fees will be higher than resale condos.
• (as of May 7th, 2022) New tax rules will severely cut into your profits, if any.

Pros of selling your condo on assignment

• Pre-con condos take years to complete and if your lifestyle changes it allows you to walk away, oftentimes with a profit.
• You avoid costs such as land transfer tax, occupancy fees, etc.
• You can get your deposit out earlier and you may even be able to negotiate the profits sooner than the building closing.

Looking to sell your investment property via assignment?

Get in touch for a free NO OBLIGATION consultation and see why others have put their trust in me . Don’t like forms? Call or text me at 647-830-5210 or email me at [email protected].

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Marketing an assignment condo

Some builders in Toronto and the GTA have restrictions on listing your assignment deal on TRREB’s MLS or online in general. Essentially they are making it hard to impossible to market the property. Ensure that the Realtor you are working with has access to a network of Realtors that work in pre-construction and assignments. I have done several transactions this way and while it is more difficult to market properties this way, as opposed to marketing it online to the masses, it is possible.

Holding onto the property until completion and selling it on the resale market.

This is becoming a more common solution for many since the NEW TAX RULES for assignments came into effect in May 2022 (see details below). Neither option is the clear winner as you will either have to share a large portion of the profit with the government or incur expenses to close the deal. If you decide to complete the deal with the builder, and then sell it on the resale market you will incur the following expenses.

• Monthly occupancy fees (these are charged from the beginning of occupancy to the builder completion date, usually between 3-12 months depending on varying circumstances).
• Development charges and levies. Fees vary, for GTA condos it’s typically capped at around $10,000 – $20,000.
• Legal fees – approximately $2,000
• Status certificate – $100
• Tarion fee – $700
• Reserve fund – $700
• Various admin fees – $2,000

FAQ’s

How does hst work on the builder purchase price.

If you are selling your property on assignment, the assignee (the buyer of the assignment condo) will assume all HST responsibilities for the original purchase price as they will be the ones doing the final closing on the unit. In most cases, HST is included in the builder’s price assuming that the buyer will use the property as a primary residence. Ensure that your Assignment purchase agreement has clear wording on who is responsible for which taxes.

When is the closing date?

In an assignment sale, there are two closing dates. The first closing date is when the sale has been approved by both lawyers and the builder. The second closing date is when the building is registered.

Who pays for the builder assignment fees?

Generally, the assignment fees, if any, are due to the builder upon the builder’s approval of the assignment sale.

When will I receive my profit?

There are typically two options. You’ll either get the profits once the building closes (2nd closing) or when the builder approves the assignment sale. Depending on the market and your Realtor’s negotiating skill you should aim to get the profit as early as possible since the building closing could be a long time out.

New HST assignment rules

As of May 7, 2022, assignment sales in Ontario are subject to HST. When assigning a property to a buyer, the Assignor (seller) will have to pay HST on the profit portion of the proceeds regardless of what their initial intentions were when purchasing in the pre-construction phase. HST does not apply on deposits already made by the Assignor to the Builder, but you have to ensure that your Assignment Agreement of Purchase and Sale must include that the assignment price already includes the deposit.

New Income Tax on assignment sales

Assignment sales are now also subject to income tax. Pre-May 2022 you would only have to pay capital gains tax on the profit, which means you would only pay tax on 50% of the profit. Now 100% of the profit gets taxed and depending on your income that year you will likely fall into a higher tax bracket.

All assignment sales should be conditional upon your lawyer reviewing the entire assignment agreement. Part of that will be all of the contents and disclosures of the original Agreement of Purchase and Sale between the Assignor and the Builder.

You may also like:

• Bank of Canada maintains policy rate | February sees some buyers returning

What’s the right pricing strategy when selling my home?

Selling your tenanted condo in Toronto | A complete guide

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Don’t like filling out forms? Feel free to call, text, or email me. My cell phone number is 647-830-5210 and my email is  [email protected]

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GTA Online update for the week of May 30

Benefactor luxury cars and more this week in Los Santos

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The weekly GTA Online update for May 30, 2024 is live with reward events, discounts, prizes, and a celebration of Benefactor luxury cars.

Our GTA Online weekly update guide will tell you everything happening in Los Santos this week.

GTA Online special events

This week’s update is all about the Benefactor line of luxury cars. They’re all discounted at 40% off, and Simeon’s Premium Deluxe Motorsports is only selling cars from the Benefactor line.

Pick up the Benefactor LM87 , Schlagen GT , or SM722 at their discounted rate this week, and you’ll get the Benefactor Tee for free.

What are the 3x GTA$ and RP events in GTA Online this week?

Join the Cayo Perico Series event and race around the island for 3x GTA$ and RP this week.

You can also check out the limited-ammo Every Bullet Counts event this week for 3x GTA$ and RP .

If you’ve bought a Nightclub, you can pick up a Terrorbyte and all of its upgrades for 40% off at Warstock Cache & Carry this week. Once you do, you can take on Terrorbyte Client Jobs to earn 3x GTA$ and RP all week.

Completing three Terrorbyte Client Jobs will complete this week’s Weekly Challenge and earn you GTA$ 100,000 .

What are the 2x GTA$ and RP events in GTA Online this week?

Hop on your bike and join the Junk Energy Time Trials this week to earn 2x GTA$ and RP .

What vehicles are for sale in GTA Online this week?

What’s in Premium Deluxe Motorsports Showroom this week?

Head to Simeon’s Premium Deluxe Motorsports showroom for:

• Benefactor Stirling GT (40% off)
• Benefactor Schafter V12 (40% off)
• Benefactor XLS (40% off)
• Benefactor Schafter LWB (40% off)
• Benefactor Feltzer (40% off)

What’s in the Luxury Autos Showroom in GTA Online this week?

At Luxury Autos over in Rockford Hills, you can pick up the following:

• Vapid Aleutian
• Declasse Impaler SZ

What’s the Lucky Wheel prize car in GTA Online this week?

At the Diamond Casino, spin the wheel to win the Pegassi Reaper .

What are the Salvage Yard Robbery targets in GTA Online this week?

If you’ve set up a Salvage Yard , you’ll be looking for:

• Enus Paragon R
• Hijak Ruston
• Vapid Hustler

Which properties are discounted in GTA Online this week?

Executive Office Garages are 30% off this week. You’ll have to buy the CEO office from Dynasty 8 Executive first, and then can choose to add in the garage at the discounted price.

What is the Gun Van selling in GTA Online this week?

Track down the Gun Van this week to pick up:

• Service Carbine (50% off)
• Unholy Hellbringer
• MG (40% off with GTA+)
• Sticky bombs

And if you’re playing the main game, don’t miss our list of GTA 5 cheats .

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Former Dodgers Pitcher Who Netted LA Top Prospect DFA’d Again

Maren angus-coombs | jun 1, 2024.

• Los Angeles Dodgers

The Toronto Blue Jays designated former Los Angeles Dodgers reliever Mitch White for assignment, the club announced the move on Thursday.

White was once a promising prospect for the Dodgers where he posted a 3.58 earned run average In his three years with the team. He was dealt to Toronto on Aug. 2, 2022, and things began to shift in the wrong direction for him.

RHP Kevin Herget recalled from Triple-A Nashville. RHP Mitch White designated for assignment. pic.twitter.com/SYwXGPmUAt — Milwaukee Brewers (@Brewers) May 30, 2024

Across 24 big league appearances for the Blue Jays, White threw 65.2 innings, and posted a 7.26 ERA, with an 8.8 walk rate and a 16.4 strikeout rate. He spent the majority of his time in Toronto going back and forth between the big leagues and Triple-A Buffalo until he was traded to San Francisco on April 20 of this season.

The Giants designated him for assignment on May 5 and traded him to Milwaukee on May 10. White made six appearances with the Brewers, pitching 8.1 innings and allowing six earned runs on eight hits and four walks (two of them intentional).

White has tossed 23.2 innings and been roughed up for a 7.23 ERA between the Blue Jays, Giants, and Brewers. He is out of minor-league options so, he has to be traded, placed on waivers, or released within the next week.

MAREN ANGUS-COOMBS

Maren Angus-Coombs was born in Los Angeles and raised in Nashville, Tenn. She is a graduate of Middle Tennessee State and has been a sports writer since 2008. Despite growing up in the South, her sports obsession has always been in Los Angeles. She is currently a staff writer at the LA Sports Report Network.

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Burlington assignments for sale.

Burlington has long been a sought-after area to call home thanks to its stunning topography. It offers shoreline destinations and verdant parks and trails. New construction is meeting this need by providing opulent features and resort-style amenities. A recent development that has sold out can be purchased through assignment options. Because of the beautiful areas’ anticipated rapid growth over the next several years, assignments in the Burlington area are in high demand. See a complete list of Burlington assignments here.

This medium-sized city, about an hour’s drive from downtown Toronto, is a great place to invest in the real estate market. Burlington’s Assignment Sales are growing in popularity these days. These real estate transactions depart from standard real estate services. Assignment Sales is a fantastic opportunity to enter the Burlington real estate market quickly and safely.

Contact one of our Burlington real estate specialists immediately to discover your ideal house.

Assignments for Sale in Burlington

Welcome to our Burlington Assignments for Sale page! In the Burlington area, you can choose from various real estate tasks. We provide a range of alternatives to suit your needs, whether you’re a real estate investor or looking to buy your ideal house.

We are experts at matching buyers and sellers of real estate assignments for sale in Burlington. Our group has extensive knowledge of the real estate sector. It can offer insightful advice at every stage of the assignment-buying process.

Burlington Assignment Listing

At Assignments for Sale in Burlington, we provide a selection of real estate assignments for sale in the Burlington region.

We have a variety of properties in our inventory, including condos, townhomes, and detached homes. We collaborate with several developers to provide you with the newest and most coveted assignments in Burlington.

Please visit our website to view our current listings. Each listing contains comprehensive details about the property, such as floor layouts, costs, and available financing. Contact us directly for additional information about a particular property or to arrange a viewing.

Our team has years of experience in the real estate industry. It can help you navigate the assignment purchasing process with confidence.

Burlington Condo Assignments For Sale

Experience the allure of Burlington with our stunning selection of condo assignments for sale. Nestled along the shores of Lake Ontario, Burlington offers a picturesque setting combined with urban sophistication. Our range of condo assignments presents a unique opportunity to own a desirable property in this thriving city. Discover the charm of Burlington’s downtown core, with its vibrant atmosphere, trendy shops, and delectable dining options. Enjoy the convenience of modern amenities and the tranquility of nearby parks and waterfront trails. Whether you’re a first-time buyer or a seasoned investor, these Burlington condo assignments provide an enticing blend of location, quality, and investment potential. Take your chance to be a part of this flourishing community. Explore our listings today and embark on your journey to Burlington’s distinctive condo living.

Burlington is an alluring destination for real estate fans thanks to its blend of unmatched natural beauty, vibrant urban life, and exciting growth prospects. Remember that when you browse through our Burlington Assignment Listings and Condo Assignments, you’re starting a journey that involves more than just home ownership; it’s an invitation to join a flourishing community and design a life enriched by Burlington’s distinctive amenities. With the help of our carefully chosen assignments, get a true sense of Burlington and leave your mark on this remarkable city.

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