How to Navigate the 2023 Pre-Construction Market

March 26th, 2023

Get the most for your real estate investment

Buyers are now taking the time to look for the best incentives a project can offer, resulting in developers offering aggressive incentives to compete – this is where you will get the most for your investment. Here’s what you need to know on how to navigate the 2023 pre-construction market:


The effects of COVID-19 on the real estate and investment market created a unique opportunity for developers to work with their finance agents to extend deposit structures. Now in 2023, these deposit structures continue to be extended even more. 

While there are many variations of deposits, the one to look for is top incentive as its an extended deposit structure.

“Majority of people are only taking 15 percent of the 20 percent deposit during the construction process with the remaining 5 percent due at occupancy.” – Costas Kivelos, Founder of First Access Condos


One of the other incentives is that buyers can stay liquid longer as they won’t be required to take a mortgage right away. This provides investors with the flexibility they need to budget accordingly, especially when there may be risk of economic downturns.


Now is the time to get more for your investment, instead of trying to time the market, only to be priced out of it again down the line. You will never catch the perfect time because the perfect time to buy an investment condo was last year or the year before or the year before that.

“Nobody can time the market. Don’t waste your hard-earned money and have it sitting there doing nothing, while you’re trying to time the market. It’s never today. 2023 is the time to get the most for your investment.” – Costas Kivelos

Ready to start your pre-construction investment? View the newly launched condos released in 2023. Visit the First Access Condos coming soon page to stay up-to-date and get first access to upcoming pre-construction condos in the Greater Toronto Area.

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