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15 | The IFP -H alton H ills | T hursday,July 11,2019 theifp.ca www.MONCKTON.Ca 521 MaiN ST. S., GleNwilliaMS, l7G 3T1 176 Mountainview Road South, GeoRGetown 4 2 2 Storey Semi- Detached $629,000 Immaculate 4 bedroom 2 Storey home with large private backyard and finished basement. 94 SoMeRville Road, acton 3 3 2 Storey Detached $679,900 Open Concept Main Level With Durable Laminate Flooring In The Living & Dining Rooms. SOLD by MONC KTON 1106 daviS lane, Milton 3 4 2 Storey Semi- Detached $645,000 Immaculately Maintained & Updated, Centrally Located To Schools & Community Centres Open HOuse sun 2-4pm 45 MccullouGh cReS. GeoRGetown 3 2 2 Storey Detached $749,900 Easy Access to Highway for Commuters and Siding on Greenspace. Open HOuse sun 2-4pm In the heart of The Glen, this lovely home is beautifully updated featuring 3 bedrooms, 2 bathrooms, a large family room with W/B fireplace, gorgeous hardwood throughout and updated kitchen. HUGE 100' treed and fenced lot with large deck plus oversized garage. Close To GO, School, Arts Studio and Park. Book your private showing for this wonderful family space. Stunning 3+1 bedroom bungalow with over 5,000 SF of living space backing onto green space on the Glen's most prestigious street. Updated kitchen & master bathroom; finished basement; unbelievable outdoor living space with pool, waterfall & gazebo. Too many features to list. Don't miss this exquisite listing coming to MLS this Saturday. OPEN HOUSE Saturday & Sunday 2-4pm OPEN HOUSE Sunday 2-4pm Get ready to move! This 4 bedroom, 2 bath home is located close to schools, parks and shopping and features an incredible open concept kitchen/living area with huge island and quartz counters. Enjoy family dinners in the spacious dining room or on the patio in the pool sized yard. Don't miss out on this fabulous home on a kid friendly street. 24 Confederation St., Glen Williams Thom Gallagher • 416.524.6530 • Thom@CallThom.com • CallThom.com SALES REPRESENTATIVE 38 Marilyn Crescent, Georgetown ALSO AVAILABLE $1,275,000. 22 Bishop Court, Glen Williams $769,500. $1,850,000. $834,900. Sensational 4-bedroom, 5 bath with finished basement backing onto ravine on Grist Mill Dr. in Stewart's Mill. Call for more info. The First Step To Your Next Move Whether it's your first time or you're a re- peat buyer, purchasing a new condo requires thorough planning and informed decision- making. This way, when you do make your pur- chase you can feel at ease knowing you fully understand what you're getting into. To help you prepare, here are five things to know before buying a new condo: Your investment comes with a warranty. Your new home warranty safeguarded by Tari- on begins once you take occupancy, and that includes the one-year, two-year and seven-year warranties that cover up to $300,000. This coverage includes everything from issues with workmanship and material to major structural defects. Once your purchase has been final- ized, read through the homeowner informa- tion package - it outlines what you need to know about your warranty. 1. Your condo unit includes communal ac- cess to common elements. Outside your unit are the common elements, which include shared-use spaces such as recreational fa- cilities, parking garages and party lounges. These common elements are protected by a separate warranty that starts once the condo- minium corporation takes control of the build- ing. Unsure of what the boundaries of your unit entail? That information is found in the disclosure attached to your purchase agree- ment. 2. If you experience delays, you could be eligible for compensation. In your purchase agreement your builder must provide an oc- cupancy date - the date your unit will be avail- able for move-in. If they're unable to meet or extend the specified date, you may be eligible for delay compensation. Review the adden- dum attached to the purchase agreement to understand how occupancy dates may be ex- tended and under what conditions your agree- ment may be terminated. 3. The date you can move into your home isn't the date you take full ownership. The time between when you can move in and when you officially own your home is known as interim occupancy. The move-in date is set by your builder, and once the unit is declared fit for habitation the interim occupancy period begins, and can typically last between two to three months, or more. 4. During the interim occupancy period, you must pay a monthly fee to the builder. The fee covers three things: interest on the unpaid balance of your unit, estimated municipal taxes for the unit and maintenance expenses. 5. If the condo project is cancelled, your deposit is protected. When buying pre-con- struction, there's always a risk that a project could get cancelled. However, under the war- ranty, every agreement requires an addendum that discloses the project status. It also limits the early termination conditions that can be imposed and obligates builders to use rea- sonable efforts to meet the required condi- tions before cancelling a project. If a project gets cancelled, buyers are eligible to receive their deposit back. This also includes any ad- ditional costs for upgrades. Deposits must be placed in trust and if payments are not re- funded, purchasers are eligible for protection of up to $20,000. Find more helpful resources at tarion.com. (NC) Five things to know before buying a new condo