100+ Pre Construction Detached Homes in Niagara (2025)

Pre-Construction Homes Coming to Niagara – 2025 Update

Joy Towns, Niagara Falls

Joy Towns in Niagara Falls is a brand new pre-construction development in Niagara by Branthaven, located at Oakwood Drive near McLeod Rd. The community is scheduled for completion in 2025, with pricing starting from the $500s.

• Developer: Branthaven
• Address: Oakwood Drive, Niagara Falls, ON
• Intersection: McLeod Rd and Oakwood Dr.
• Pricing: From the $500s
• Occupancy: 2025

Niagara 77 Condos

Niagara 77 Condos is an upcoming preconstruction project at 5602 Robinson Street, right in the heart of Niagara Falls. With proximity to Clifton Hill, GO Transit, malls, and stunning views of the Falls, it's a prime location for homebuyers and investors.

Visit the official listing for Niagara 77 Condos for the latest updates and floor plans.

See All Pre-Construction Homes in Niagara

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Why Buy a Pre-Construction Home in Niagara?

Niagara attracts over 30 million tourists annually, bringing in $1.2 billion in tourism revenue. With population growth focused in Niagara Falls and St. Catharines, many first-time buyers and new Canadians are choosing the region for its affordability and lifestyle.

Real Estate Stats in Niagara

Source: CREA Niagara Real Estate Board Stats

Why Invest in Real Estate in Niagara?

• Improved GO Train & VIA Rail connections
• New $10M Drummond Road redevelopment
• New Public Health Facility in Niagara Region
• Upcoming $42M Renewable Natural Gas Plant (largest in Ontario)

Combined with scenic beauty and ongoing infrastructure upgrades, Niagara pre-construction homes offer long-term growth potential and livability.

Understanding Pre-Construction Occupancy Period

What Is Interim Occupancy?

Interim occupancy is when you can move in before officially owning the condo. You’ll pay occupancy fees covering estimated property taxes, common element maintenance, and interest on the balance owed.

What Is Final Closing?

Final closing occurs when the building is registered and ownership officially transfers to buyers. You can then mortgage, rent, or sell the unit.

Do Occupancy Fees Go Toward Your Mortgage?

No. These fees go to the builder to cover operational costs and marketing unsold units.

Land Transfer Tax in Ontario

Land transfer tax is paid upon the closing of a property purchase in Ontario. In some special cases (e.g., leases over 50 years or corporate transfers), the tax is based on the land's fair market value.

First-time homebuyers may qualify for a full or partial refund of this tax.

Recent News in Niagara Real Estate

The University of Niagara Falls Canada is set to open its doors to students in 2024. This will boost rental demand and long-term investment potential in the area, especially around pre-construction condos and homes in Niagara.

Looking for Pre-Construction Homes Outside Ontario?

If you're in Calgary, explore over 45 new construction projects listed on Condomonk Calgary.

Disclaimer

The above content reflects the opinions of Homebaba staff and may not be entirely accurate. Please consult a licensed real estate agent for advice. Homebaba.ca does not guarantee the completeness or accuracy of the data presented here.