Toronto buyers are showing renewed interest where rebate math feels workable, but momentum has centered more on existing new condo inventory than fresh towers.
In midtown Toronto, new condos near ~$1.5K per sq-ft compete with resale near ~$900, leaving many buyers feeling the resale math works better.
Buyer confidence in Toronto pre-construction has been tested by delays, cancellations and past investor losses, while larger older units often appeal more than compact layouts.
Recent rebate rollout confusion slowed some Toronto decisions, as buyers, lenders and lawyers waited for details on eligibility, paperwork, completion timing and project qualification.
For Toronto high-rise condos, rebate timelines remain tight: buyers must sign within the program window, while construction and completion deadlines may limit eligibility.