Buyer Questions
Do new homes in Ontario come with a warranty?
Most new homes in Ontario come with Tarion-backed warranty coverage, but what is covered depends on the issue and timeline. Always review the warranty information sheet.
Yes — all new homes built by registered builders in Ontario are covered by a mandatory Tarion warranty, which provides protection against defects and deposit loss. Flowers Team Real Estate ensures every buyer of a newly built home in Milton understands their warranty rights in full. You can learn more and verify your builder's registration at Tarion.com.
Here is what the Ontario Tarion warranty covers:
- One-year warranty — covers defects in work and materials, Ontario Building Code violations, unauthorized substitutions, and water penetration.
- Two-year warranty — covers water penetration through the building envelope, defects in heating/plumbing/electrical delivery systems, and Building Code violations affecting health and safety.
- Seven-year warranty — covers major structural defects that result in the failure of a load-bearing part of the home or significantly impair use of the home.
- Deposit protection — Tarion protects buyer deposits up to $100,000 for freehold homes and $20,000 for condo units if the builder fails to close.
Important: the Tarion warranty does not cover normal wear and tear, cosmetic defects that don't affect function, damage caused by the homeowner, or issues arising from homeowner modifications. It also does not apply to resale homes.
Flowers Team Real Estate advises clients to conduct a thorough pre-delivery inspection (PDI) with the builder and document all deficiencies carefully before taking possession. Contact us for guidance on new home purchases.
Related Questions
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Start with your income, debts, down payment, and monthly costs. A lender pre-approval plus a realistic budget will show what feels affordable, not just what you qualify for.
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Should I get pre-approved for a mortgage before I start looking?
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Many Ontario buyers should budget roughly 1.5% to 4% of the purchase price for closing costs, depending on land transfer tax, legal fees, inspections, title insurance, and adjustments.
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A great location usually balances commute, schools, amenities, safety, resale potential, and the lifestyle you want day to day.
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How long does the home-buying process take in Ontario?
Many Ontario purchases take about 30 to 90 days from accepted offer to closing, but the full buying journey can be longer depending on financing, search time, and conditions.
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How do I calculate monthly homeownership costs in Ontario?
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A condo can be more affordable and lower-maintenance, while a detached home offers more space, privacy, and control. The right choice depends on lifestyle and budget.
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Ask about the home’s age, updates, known issues, monthly costs, inclusions, neighbourhood, utility bills, and any rules that could affect how you use the property.
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Choose an agent with strong local knowledge, clear communication, honest advice, and a track record helping buyers in your price range and target areas.
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What happens if I change my mind after I make an offer?
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Is it better to rent or buy a home in Ontario right now?
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What is different about buying a pre-construction home in Ontario?
Pre-construction usually means longer timelines, staged deposits, possible delays, assignment rules, and occupancy fees before final closing. It can offer customization, but it adds uncertainty.
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