Tarion Warranty For Newly Built Homes | Trinity Real Estate Consultants Blog

Wednesday, July 23, 2025   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: Different Types of New Construction!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Considering building a home? Maybe you think you already know how this process works.
1) Make a meeting with a builder in a new development.
2) Pick a layout and property.
3) Move in in a few months.
But in truth, you actually have three excellent options when you decide to build a new home!
Each option has its own pros and cons. Let’s take a look.
Three Different Types of New Construction
1) Production Homes
2) Custom Homes
3) Semi-custom Homes
What are production homes?
Production homes are possibly the most common types of new home building happening on the market today. Production homes are built in together in large numbers, or clusters, inside a newly developed community.
Typically, a builder will be selling hundreds or even thousands of properties and will be overseeing the process of building new houses on each p. ...

  real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, trinity real estate consultants, team, best school districts, best neighbourhoods, top school districts, best communities to live in, top five cities, renting versus buying a home, for sale by owner, best places to live, the best neighbourhoods, the best schools in the city, the best cities to live in canada, the best time of the year to buy a home, preconstruction vs. resale, tarion warranty for newly built homes, custom homes

Wednesday, September 18, 2024   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: How much are closing costs?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Buying a home is an exciting process, however, if you are serious about purchasing a home in Toronto, you must consider closing costs and budget for them. You might be thinking closing costs cannot be that much why should I worry about them? For example, taxes, if you are a permanent resident or citizen in Canada, can cost 4% of the home’s purchase price if you are purchasing a home within the City of Toronto.
You will be responsible for paying the City of Toronto’s Municipal Land Transfer Tax (MLTT) and Ontario’s Provincial Land Transfer Tax (LTT). And if you are not a Canadian citizen or permanent resident, be prepared to pay the Non-Resident Speculation Tax (NRST) which is 15% of the home’s purchase price, in addition to provincial and municipal land transfer taxes. Do we have your attention now?
Now, that we h. ...

  real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, best school districts, top school districts, land transfer tax, canadian mortgage and housing corporation (cmhc), closing costs, how much are closing costs?, non-resident speculation tax (nrst), ontario’s land transfer tax, tarion warranty for newly built homes, toronto municipal land transfer tax, u.s. citizen buying property in canada

Trinity Real Estate Consultants
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Right at Home Realty, Brokerage

Data is provided courtesy of Information Technology Systems Ontario, Inc
Copyright 2025 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2025 Last Updated December 14, 2025
This site powered by CINC: www.cincpro.com