Buyer Guide

Frequently Asked Questions

A practical guide for prospective buyers, purchasers under contract, and homeowners after move-in.

Before You Begin

Clear answers before the next step.

This FAQ is prepared for general information only. It does not replace the Agreement of Purchase and Sale, disclosure documents, condominium documents, Tarion materials, or independent legal advice. Timelines, rights, deposits, specifications, availability, fees, taxes, occupancy, and warranty coverage may vary by project, suite, registration status, and final documents.

For private release information, floorplans, and appointment availability, please submit an inquiry. Our team will follow up shortly.

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01 / Prospective Buyers

Before you purchase

For buyers exploring Goulding Point or future ANMAX residences.

What is Goulding Point?

Goulding Point is a boutique residential collection by ANMAX in North York, Toronto. It is designed as a limited private-residence project with an emphasis on proportion, privacy, natural light, thoughtful layouts, and long-term livability.

Are the residences available for purchase?

Current availability is handled by private inquiry. Because a boutique project has very limited inventory, availability, release timing, and pricing can change. Please submit an inquiry or appointment request for the most current information.

Why is pricing by private inquiry instead of fully public online?

Private inquiry helps ensure buyers receive current release details, suite-specific information, estimated maintenance fees, outdoor-area details, and any important updates that may not be reflected in a static online listing.

How does the purchase process generally work?
  1. Submit an inquiry or book a private appointment.
  2. Review available residences, floorplans, estimated fees, and timing.
  3. Request the purchase package and review it with your lawyer and mortgage advisor.
  4. Sign the Agreement of Purchase and Sale if you decide to proceed.
  5. Deliver the required deposit according to the APS.
  6. Use the applicable cooling-off/review period to complete legal and financial review.
  7. After the deal becomes firm, continue with construction updates, selection items if applicable, mortgage planning, occupancy preparation, and closing steps.
Should I speak with a lawyer before signing?

Yes. Buyers should review the APS, disclosure documents, budget, deposit structure, closing adjustments, occupancy language, and warranty information with an Ontario real estate lawyer before or immediately after signing. This is especially important for new construction and condominium-related purchases.

What is the cooling-off period?

For many Ontario new condominium purchases, purchasers generally have a statutory 10-calendar-day rescission period after receiving the signed agreement and required disclosure materials. The exact timing and whether it applies to your purchase should be confirmed with your lawyer and the final documents.

What should I review during the cooling-off period?
  • APS and all schedules
  • Disclosure statement and summary
  • First-year budget and estimated common expenses
  • Maintenance fee assumptions
  • Deposits and due dates
  • Occupancy/closing timing and possible adjustments
  • Floorplan, suite area, outdoor area, parking/storage details if applicable
  • Tarion/warranty enrolment and coverage documents
  • Mortgage approval and financing conditions, if applicable
Are dimensions, renderings, finishes, and floorplans final?

Renderings and finishes are usually artist’s concepts for illustration. Dimensions and layouts may be approximate and subject to construction tolerances, permits, engineering, site conditions, utility requirements, and normal construction variances. Final rights and obligations are governed by the APS, disclosure documents, Tarion requirements, and applicable law.

Can I visit the construction site?

Private site access may be arranged only when it is safe and appropriate. Construction sites are controlled environments. Access may require advance scheduling, PPE, and supervision. Some appointments may be conducted virtually or off-site until site conditions allow visits.

Do you work with real estate agents?

Broker cooperation may be available, subject to project rules and written confirmation. Agents should contact ANMAX before introducing a purchaser to confirm cooperation terms and registration requirements.

02 / Contracted Purchasers

After signing the APS

For buyers who have signed or are preparing to sign an Agreement of Purchase and Sale.

What happens after I sign the APS?

After signing, you should immediately save a full copy of the signed documents, confirm deposit instructions, contact your lawyer, confirm financing steps, and calendar all important dates. If a statutory cooling-off period applies, use it carefully for legal and financial review.

What do I need to do during the first 10 days?

If the applicable condominium cooling-off period applies, this is the most important review window. Ask your lawyer to review the APS, disclosure statement, budget, maintenance fee estimates, closing adjustments, occupancy language, and any unusual terms. Also confirm your financing path with your mortgage advisor. The exact period and rights should be confirmed with your lawyer.

What if there is a material change after I sign?

If a material change occurs in the disclosure or project information, the developer may be required to provide notice or updated disclosure. Purchasers may have rights depending on the nature of the change and applicable law. You should review any update immediately with your lawyer and respond within the required deadline if a response is needed.

What is considered a material change?

A material change generally means a significant change that could reasonably affect a purchaser’s decision to buy or the value/use of the unit. Examples may relate to important project, budget, common-element, timing, or disclosure information. Whether something is legally “material” depends on the specific facts and applicable documents.

What should I do about financing?

Even if closing is not immediate, buyers should maintain financing readiness. Keep income documents, tax returns, bank statements, identification, deposit records, and mortgage pre-approval information organized. Avoid major credit changes before closing unless discussed with your mortgage advisor.

Will I choose finishes or upgrades?

Selection opportunities depend on the project stage and construction schedule. Some finishes may already be ordered or installed. If selections are available, buyers should respond by the stated deadline so construction is not delayed. All changes should be confirmed in writing.

How will construction updates be handled?

ANMAX may provide construction progress updates at key milestones. Timing can be affected by permits, inspections, weather, trades, utility coordination, supply chain, registration steps, and other conditions. Any formal timing rights will be governed by the APS and applicable new-home warranty requirements.

What should I keep in my buyer file?
  • Signed APS and all schedules
  • Disclosure statement and any amendments/updates
  • Deposit receipts and banking records
  • Mortgage/pre-approval documents
  • Lawyer contact information
  • Upgrade/selection confirmations, if any
  • Construction update emails
  • Warranty and homeowner-care materials
When should I prepare for occupancy or closing?

Start preparing early. Confirm your lawyer, financing, insurance, moving plans, utility setup, identification, funds required on closing, and any occupancy/closing appointment requirements. Depending on the legal structure and timing, occupancy and final closing may not be the same date; your lawyer should explain the process that applies to your purchase.

03 / Homeowners

After move-in

For owners preparing for possession, warranty care, and everyday home operation.

What is a Pre-Delivery Inspection?

The Pre-Delivery Inspection, commonly called a PDI, is a walkthrough before possession where the home is reviewed and items are documented. It is important to look carefully, ask questions, and record visible items that require attention.

What should I look for during the PDI?
  • Windows, doors, locks, hardware, and screens
  • Cabinetry, countertops, flooring, paint, tile, and trim
  • Appliances and plumbing fixtures
  • HVAC, HRV, thermostat, electrical outlets, lights, and switches
  • Bathroom fans, drains, caulking, and grout
  • Exterior doors, balcony/patio areas, railings, and drainage where applicable
  • Any missing, damaged, incomplete, or visibly deficient items
What warranty forms and Tarion submission windows should I know about?

For homes with a date of possession on or after May 1, 2024, Tarion’s Customer Service Standard allows homeowners to build a running list of warranty items in the MyHome portal. Instead of relying on the old restrictive 30-Day Form window, items can be added during the applicable period and are automatically submitted at set calendar thresholds.

  • Initial Form: items may be added starting 1 day after possession and are auto-submitted on Day 41.
  • Mid-Year Form: new items may be added starting on Day 42 and are auto-submitted on Day 183.
  • Year-End Form: items may be added from Day 183 onward and are auto-submitted on Day 365.
  • Second-Year Form: generally applies to certain longer-term items, including building-envelope water penetration and major systems such as electrical, plumbing, and heating, up to the second-year anniversary.
  • Major Structural Defects: serious structural / load-bearing issues may be covered from years 3 through the end of year 7, subject to Tarion rules and definitions.

Homeowners should verify the live schedule and legal wording directly through Tarion’s Claim Forms & Timelines page and Tarion Registrar Bulletin No. 01, and should keep photos, dates, descriptions, and written records for each item in MyHome.

What is typically covered during the first year?

First-year warranty coverage generally relates to defects in work and materials, Ontario Building Code compliance, unauthorized substitutions, and certain fit-and-finish items, subject to warranty rules and exclusions. Homeowner maintenance and normal wear are usually not covered.

What is typically covered during the second year?

Second-year warranty coverage commonly includes certain water penetration, defects in electrical/plumbing/heating systems, exterior cladding issues, and Building Code health and safety violations, subject to Tarion rules and project-specific circumstances.

What is the seven-year major structural warranty?

Major structural coverage generally relates to serious structural defects as defined by the warranty program. It is not the same as general cosmetic or maintenance coverage. Owners should review Tarion’s current definitions and deadlines carefully.

What should I report immediately?

Urgent items such as active water leaks, loss of heat in cold weather, electrical safety concerns, major security issues, or conditions that may cause damage should be reported immediately through the homeowner-care contact method. Non-urgent cosmetic or adjustment items should be documented and submitted according to the appropriate warranty/service process.

What maintenance is the homeowner responsible for?

Owners are generally responsible for routine maintenance such as changing filters, managing humidity, cleaning drains, maintaining caulking where appropriate, preventing condensation damage, using appliances properly, winterizing exterior fixtures if applicable, and reporting issues promptly before they worsen.

How should I handle common-element issues?

For condominium properties, common-element matters are often handled through the condominium corporation, property manager, or developer during the early period, depending on registration status and the nature of the issue. Keep photos, dates, and written records.

Can I renovate or make changes after closing?

Before altering plumbing, electrical systems, structural components, exterior elements, balconies, yards, or any common/limited-common elements, review condominium rules, permits, warranty implications, and professional requirements. Unauthorized modifications can affect warranty coverage and building systems.

04 / Documents to Review

Prepare before you decide.

These are common documents and topics buyers may ask for or review with their lawyer.

Purchase

APS & Disclosure

Agreement of Purchase and Sale, schedules, disclosure statement, budget, common-expense estimates, deposit structure, occupancy and closing language.

Financing

Mortgage & Funds

Pre-approval, lender requirements, proof of deposit funds, closing-cost planning, HST/rebate treatment if applicable, and lawyer’s statement of adjustments.

Warranty

Tarion & Care

PDI preparation, Tarion MyHome running-list submissions, Initial / Mid-Year / Year-End auto-submission windows, Second-Year coverage, Major Structural Defect timelines, homeowner maintenance, and emergency reporting.