Assignment sales are one of the most misunderstood — and most opportunity-rich — segments of today’s Toronto market.
An assignment is the sale of a pre-construction contract before the building registers. The original buyer transfers their purchase agreement to you — often below current market value, often with a deposit structure you’d never see on a resale, and often in buildings that are close to occupancy. In a market where resale inventory is tight and new builds are overpriced at launch, assignments sit in a sweet spot.
They also come with real complexity: HST, assignment fees, builder consent, deposit verification, closing logistics. This is not a transaction you want to navigate alone.
What to expect from the assignment market
- Distressed or motivated sellers — often investors who can’t close due to rate shock
- Price discounts of 5–15% vs. current market value (varies by building + motivation)
- Short closing timelines (months, not years)
- HST implications — rebate eligibility depends on intended use
- Builder consent required — some assignment clauses include restrictions or fees
See current assignment inventory
I maintain a short list of active assignments I’ve verified — building, floor plan, deposit structure, asking vs. contract price, and closing timeline. Book a consultation to review the list confidentially.