Builder Incentives
To attract early buyers, builders offer incentives — especially during VIP/Platinum launches. Some save you real money; others are marketing. Here's what to look for.
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Incentives that matter most
- Capped development charges & levies — can save $10,000–$30,000+ at closing. The most valuable incentive.
- Free or reduced assignment — flexibility to sell before closing without a big fee.
- Extended / reduced deposit structures.
- Right to lease during occupancy (key for investors).
- Design-centre / décor credits and free upgrades (parking, locker, appliances).
- Mortgage rate buy-downs on select programs.
Frequently Asked Questions
Which incentive saves the most money?
Usually a cap on development charges and levies — these unpredictable closing costs can run tens of thousands of dollars, so capping them protects your budget more than a décor credit.
Are VIP/Platinum incentives really better?
Often yes — the best pricing, floor plans and incentives are released to VIP/Platinum agents and their clients before the public launch. That's the main reason to register early with a pre-construction agent.