Should You Buy Precon or Resale in 2026 as a First Time Homebuyer?

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Contact Denis Soldo:
🏢 eXp Realty Canada
💻 Email: [email protected]
📱 Phone: 647-492-6768
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Hello first time home buyers! Today we are talking about the pros and cons of buying a preconstruction home versus a resale home in Toronto and the GTA.
We break down everything including major benefits such as tax breaks for first time home buyers, to whats covered and not covered under the Tarion Warranty in Ontario.

If you're a first time home buyer and aren't sure where to begin, feel free to send me a text email or call and my team and I will help you understand the entire home buying process, including showing you what offer forms look like, what homes currently fit your needs, and will even help give you clarity on where to live, what to look for in a home and so much more.

Chapters:
0:00 Intro
0:17 Market Outlook
0:59 Price-to-Income Ratio
1:49 Why New Construction Is Expensive
3:33 Pros of New Construction
5:07 Cons of New Construction
6:38 Pros of Buying Resale Homes
8:20 Cons of Buying Resale Homes
10:27 Rebates for First-Time Home Buyers
13:05 Is Newer Better?
14:00 What Tarion Covers
17:38 Who Pre-Con and Resale Is For
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Contact Denis Soldo:
🏢 eXp Realty Canada
💻 Email: [email protected]
📱 Phone: 647-492-6768