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The Pros & Cons of Assignment Sales

What Sellers & Buyers Need to Know

assignment sale in georgetown

Assignment sales raise numerous questions in the housing market. How do they benefit sellers? How do they benefit buyers? What risks should you be aware of?

Many sellers debate whether to assign their properties or opt for resale. You should consider a variety of factors when deciding which option is best for you, and remember that no two situations are the same.

Meanwhile, countless buyers are unsure whether to buy an assignment or a resale. Again, there are numerous elements to consider before making a decision.

If you’re one of these buyers or sellers, you’ve come to the right place. In this blog post, we’ll break down the pros and cons of assignment sales for both parties.

What Are Assignment Sales?

An assignment sale is a transaction between a property’s original buyer (the Assignor) and a new buyer (the Assignee).

The Assignor sells their contract to the Assignee. The Assignee then completes the deal with the Developer and takes on the Assignor’s Agreement of Purchase and Sale.

Simply put, this means that the Assignor sells their promise to buy a property to an Assignee.

So, let’s get started on the pros and cons of selling and buying assignment sales.

Why Sell Your Assignment?

There are many reasons why you might sell your assignment. Maybe you’re planning a family, moving in with a partner or relocating. Perhaps you don’t have funds to complete the sale. Maybe you’re an investor looking to bank on quick price appreciation instead of waiting for an original closing date. Whatever the reason, these are the advantages of selling an assignment.

Benefits of Assignment Sales for Sellers

  • You’ll get your deposit back.
  • You’ll avoid land transfer taxes, harmonized sales tax (HST) fees and closing costs.
  • You’ll maximize your return while the market is in your favour.
  • You can reinvest your equity into other projects.
  • You’ll avoid potential surprises from the Developer as you can’t envisage the finished property.

Note: in Ontario, assignment sales are more common for newly built homes than resale properties, though you can use them for any type of trade.

Drawbacks of Assignment Sales for Sellers

  • There are often fewer buyers available for assignment sales than resale properties.
  • Assignment sales sometimes sell for less than resales because determining the property’s market value can be difficult when the property isn’t registered.
  • Profits made from assignment sales are taxable.
  • Developers usually require an assignment fee, which can vary hugely in price. The assignment fee may outweigh the point of the assignment sale.
  • If the Assignee can’t close on the property, the responsibility may still fall to you.

It’s important to note that most Developers don’t permit sellers to market assignments, which can make selling assignments difficult. If you do market an assignment, you risk breaching your contract. The Developer may cancel your contract and keep your deposit.

Instead of marketing your assignment, connect with an assignment sales specialist who has a database of active Buyers.

Why Buy an Assignment?

High demand in the resale market forces buyers into steep bidding wars. Meanwhile, assignment contracts often allow buyers to sidestep competition and pay less than they would for a resale property.

Keep in mind that many estate agents aren’t familiar with assignment sales and don’t advertise them. However, with an established specialist, you can source the best assignment deals on the market.

Benefits of Assignment Sales for Buyers

  • Your property will be brand new with luxuries such as state-of-the-art appliances and home automation.
  • You’ll enjoy immediate possession (reliant on occupancy period).
  • Assignments are often lower priced than the market value of similar resale properties, and it’s possible to bag excellent deals when an Assignor is in a rush to sell an assignment.
  • Assignments are typically sold well before the final closing date, ideal for those who need longer closing.
  • You can expand your search when you can’t find the property that you want on the resale market.

Drawbacks of Assignment Sales for Buyers

  • You’ll need a sizable deposit for an assignment in comparison to resale (5% is typical on resales versus 20% for new builds).
  • You’ll have to pay land transfer taxes and extra closing costs.
  • You’ll have to pay the deposit and any profits to the Assignor upfront. This can be cash-intensive, especially as you can’t get a mortgage until the final closing date.
  • It can be difficult to envisage the final project, so you may not get exactly what you are expecting property-wise.
  • You can’t negotiate the price/contract with the Developer – you must take the contract on as the Assignor negotiated it.
  • The Developer could cancel the project. They would refund your deposit, but it would be up to you to chase the Assignor for the profit that you paid. Of course, there’s no guarantee that the Assignor wouldn’t have already spent this.

Also, there are potential HST implications on the sale of newly built homes and condos. Unlike land transfer tax rebate and first-time buyer rebate, which are applied immediately at closing, HST is an upfront cost.

In Ontario, HST applies to all newly constructed properties. Developers’ advertised prices include HST, so many buyers don’t realize that tax applies to new homes. Also, Developers apply for the HST rebate on behalf of Assignees – this is factored into advertised sale prices.

Assignees must pay HST on the original price paid by the Assignor, as well as the HST included in the markup, before applying for the rebate. The markup is the difference between the price paid by the Assignor and the resale price paid by the Assignee.

We recommend this HST rebate calculator for a reliable estimate.

Where Can I Get Assignment Sales Advice?

Assignments are fantastic opportunities for buyers to secure brand-new properties without the two-to-five-year waiting period that is common with resales. Meanwhile, assignment sales offer sellers the freedom of moving forward with new property plans.

Either way, each assignment sale comes with its own set of complications, so you’ll need tailored advice from an expert. Get in touch with Storey Collective to speak with an expert who can discuss your situation and go over the math with you.

  • HST Rebate. “HST Rebate Calculator.” http://www.hstrebate.com/hst-rebate-calculator/

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assignment sale in georgetown

Trafalgar Meadows Freehold Towns

Assignment sale.

$ 1,399,900

Closing Date

Deposits paid.

Asking Price:    $ 1,399,900

Closing Date:   March 2023

Status:     Available

Builder:     Essence Homes Type:     Townhouse Project:     Trafalgar Meadows Freehold Towns

City:     Georgetown

Model:   Unknown

Lot Size:     Unknown Square Footage:     2,033

Bedrooms:     3 Bathrooms:     2.5

Parking:     0

Condo Fee:     None

How does this work?

These are assignment units. They have been purchased by someone who is trying to sell it before they have to close on the unit.

The original buyer makes a profit, and you get access to a sold out project at market value.

What are the next steps?

If you want to proceed with purchasing an assignment, I would prepare the paperwork

Is this free?

Yes. There is no cost to you. I act as your real estate agent on the deal. The seller pays me a comission at closing.

Will you spam me?

No. I will attempt to email or text you once or twice. If you don't respond I will assume you are no longer interested.

unit to assign ?

Let me  sell it.

assignment sale in georgetown

Why use me as your

Pre-construction agent.

I get first access to units when the get released.

Get Super quick response times. Text, call or email.

When you use us as your VIP agent

assignment sale in georgetown

I get first access to units when they get released.

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Lowrise assignments.

Click here to use my sortable & searchable online spreadsheet instead.

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Assignment Sale in Georgetown, closing Jan 2024

Assignment Sale in Georgetown, closing Jan 2024 in Houses for Sale in Oakville / Halton Region

  • Bathrooms 3
  • Size (sqft) 1,950

Description

Assignment sale in Georgetown

✅ CORNER UNIT ✅ 1950 sqft ✅ Freehold Towns in the heart of Georgetown ✅ FREEHOLD - no condo fees! ✅ Closings: Nov 2023. ✅ 3 bed with 3 washrooms.

Pls call TEAM SALIMA at 647 402 4100

Pics are for illustration purpose only

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About halton.

The Halton Region , or Halton Regional Municipality, is a regional municipality in Ontario, Canada, situated in the Golden Horseshoe in Southern Ontario. It consists of the cities of Burlington and Oakville, Milton, and Halton Hills, as well as the municipalities of Oakville, Milton, and Halton Hills.

In Canada, Halton is the best place to do business. It is located inside the country’s largest metropolitan area, Greater Toronto, and is near the United States border. Whether you’re looking to locate a new or existing business in the region, expand your current operations, or start a new business, Halton offers plenty of opportunities 

The Region of Halton is an excellent place to invest in real estate. The Halton Region as a whole is rapidly expanding. The rapid development of industrial lands in Milton and other neighboring towns is producing a lot of pent-up demand for development in Halton Hills as the next best area for long-term investment and expansion.

Oakville, Canada

Assignment Sales Halton

Halton’s real estate market, like the rest of the Greater Toronto Area MLS listings , is fairly stable and busy.

Halton has a strategic position for economic growth that’s why many people are investing in real estate services.

If you are planning to make an entrance in the Halton real estate market Assignment Sales are the best way. With the increasing amount of pre-construction condos nearing completion, the term Assignment Sales in Halton may come up frequently when searching for real estate. Assignment Sales are different from the typical real estate transactions.

These types of transactions are typically focused on pre-construction properties. The high number of assignors that want to sell the contract of their pre-construction properties is leading to massive usage of Assignment Sales Halton.

Assign Circle is a premium platform that gives realtors, investigators, and real estate agents the opportunity to display, access, and locate  assignment sales and assignable preconstruction projects

Whether you’re a Real Estate Agent, a Buyer, a Seller, or an Investor, you’ll appreciate how easy it is to use this platform to make your transactions go smoothly and quickly.

The most comprehensive and up-to-date assortment of Halton Assignment Sales listings can be found on Assign Circle. We offer four interesting packages that will help you finish your transactions in a fast and thorough way. Choose the package that fits you the best and start performing in the Halton real estate market. 

For people who are looking for houses for sale in Halton, we also offer real estate services for different cities and municipalities in Halton Region. We provide our customers with Assignment Sales Georgetown , Assignment Sales Burlington , Milton Assignment Sales , and Assignment Sales in Oakville .

We make sure that the information in Assignment Sales Halton is updated very often so you get the latest home for sale listing. Get in touch with one of our Halton real estate experts today!

Other Cities in Halton Region

Assignment sales near halton.

  • Assignment Sales Mississauga
  • Assignment Sales Hamilton
  • Assignment Sales Brampton
  • Assignment Sales Guelph
  • Assignment Sales Caledon
  • Assignment Sales Kitchener
  • Assignment Sales Brantford
  • Assignment Sales Cambridge

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Teacher Secretly Sold His Students’ Art on Mugs and Shirts, Lawsuit Says

Parents of a dozen students at a school near Montreal accused an art teacher in a lawsuit of reproducing portraits from a class assignment and putting them on items that he offered for sale online.

A child’s portrait of a classmate in a semiabstract style.

By Sopan Deb

In January, students at a junior high school outside Montreal received an assignment to draw a classmate or a self-portrait in the style of Jean-Michel Basquiat.

“The challenge is to make an original artwork in Basquiat’s style; not to copy one of his images,” the teacher, Mario Perron, wrote to his students on the junior campus at Westwood High School in St.-Lazare, Quebec. “I am very familiar with Basquiat’s work and will return copied work, because it is considered plagiarism.”

The assignment was titled “Creepy Portrait.”

Basquiat was a worthy subject: He was the influential Brooklyn-born artist of Haitian and Puerto Rican descent who was known for a brief career in which he innovated with graffiti and other types of improvisational pieces. He died at 27 in 1988 .

But parents of some students who completed the assignment were shocked to find that Mr. Perron had copied the portraits and was offering mugs, cushions, bags, apparel and other items for sale online bearing reproductions of the artwork, according to a class-action lawsuit filed last week in Quebec Superior Court.

Joel DeBellefeuille, who learned what was happening from his 13-year-old son, Jax, accused Mr. Perron in an interview of perpetrating a “premeditated” scheme. A portrait of Jax by one of his classmates was among the student artwork being offered for sale, he said.

“ I freaked out,” Mr. DeBellefeuille said. “I was full of emotions. Still now, it’s really unbelievable.”

Mr. Perron, who did not respond to a request for comment, is not listed as a current employee on the school’s website . Darren Becker, a spokesman for the Lester B. Pearson School Board, which is a named defendant in the suit, said the school board “does not comment on internal investigations.”

It was not immediately clear if Mr. Perron had sold any of the items he listed, or how much money, if any, he had made.

Mr. DeBellefeuille first discovered that the art had been repurposed on Feb. 8, when his son, who had done a Google search, showed him that Mr. Perron had created a profile on Fine Art America , an online art marketplace. The profile had thousands of items for sale displaying the work originally submitted by the students, priced between $9.50 and $113 in U.S. currency, all apparently unauthorized.

Each item was labeled with the student’s first name followed by “Creepy Portrait.” The drawings themselves mimic the frenetic style of Basquiat — multicolored portraits that nod to the unconventional and imaginative, including many oddly shaped heads and contorted bodies. Mr. Perron was listed as the artist for all of the works, according to screenshots provided by Mr. DeBellefeuille.

In total, according to a demand letter sent to the school district on Feb. 13, there were 2,976 items for sale using works from the 96 students who were given the assignment. The student artwork was reproduced in 31 categories, including throw pillows, tank tops, tote bags and beach towels, according to the letter.

The works appear to have been removed from the Fine Art America website.

“It is evident that the trust of the public, the students, the parents, and specifically our clients, in the school board and its representatives, has been severely shaken,” the letter said.

Mr. DeBellefeuille’s brother Martin, a lawyer, initially sent the letter on behalf of Mr. DeBellefeuille and Edith Liard, the parent of another child in the art class. The parents of 10 other children have since attached themselves to the suit, Mr. DeBellefeuille said, including two who added their names after it was filed on Friday.

The plaintiffs are seeking 2.16 million Canadian dollars, or about $1.59 million, a figure that includes 5,000 Canadian dollars for each work reproduced in the 31 categories as well as punitive damages and legal fees. They are also demanding that Mr. Perron withdraw the works from all platforms, for him to be suspended and for a written apology.

Under the Canadian Copyright Act, a copyright owner may be entitled to between 500 and 20,000 Canadian dollars for each work that is unlawfully used. Under Canadian law, one does not need to file for a copyright to be considered a copyright owner .

The suit cites the Civil Code of Quebec as the reason the school board is named as a defendant. It says that “the principal is bound to make reparation for injury caused by the fault of his subordinates in the performance of their duties.”

Mr. DeBellefeuille said he expected that the school district would settle rather than go to court.

“For me, it takes a special kind of person to go that deep to do what he did to minor children,” Mr. DeBellefeuille said of Mr. Perron. “This is what enrages me.”

Sopan Deb is a Times reporter covering breaking news and culture. More about Sopan Deb

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40 facts about elektrostal.

Lanette Mayes

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

40-facts-about-elektrostal

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

  • Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
  • With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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Elektrostal

Elektrostal Localisation : Country Russia , Oblast Moscow Oblast . Available Information : Geographical coordinates , Population, Area, Altitude, Weather and Hotel . Nearby cities and villages : Noginsk , Pavlovsky Posad and Staraya Kupavna .

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Elektrostal Demography

Information on the people and the population of Elektrostal.

Elektrostal Geography

Geographic Information regarding City of Elektrostal .

Elektrostal Distance

Distance (in kilometers) between Elektrostal and the biggest cities of Russia.

Elektrostal Map

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Elektrostal Nearby cities and villages

Elektrostal weather.

Weather forecast for the next coming days and current time of Elektrostal.

Elektrostal Sunrise and sunset

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Elektrostal Hotel

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List of Assignments for Sale in Ontario (2024)

Leading online marketplace for condos, townhomes & detached home assignment sales in ontario.

Sixth line &  Dundas E located at Sixth line &  Dundas E image

$ 1,199,999 2000 Sqft

Occupancy - May 2024

Sixth line & Dundas E

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Bay Street Group Inc., Brokerage

Mapleview Drive East & 20th Sideroad - IV located at Mapleview Drive East & 20th Sideroad - IV image

$ 699,000 1444 Sqft

Mapleview Drive East & 20th Sideroad - IV

Glenridge Ave & Glendale Ave located at Glenridge Ave & Glendale Ave image

$ 680,000 1400 Sqft

Occupancy - Feb 2024

Glenridge Ave & Glendale Ave

Burnhamthorpe and Dixie located at Burnhamthorpe and Dixie image

$ 839,000 1125 Sqft

Occupancy - March 2024

Burnhamthorpe and Dixie

. Mississauga

Neyagawa Blvd & Dundas St W- I located at Neyagawa Blvd & Dundas St W- I image

$ 520,000 582 Sqft

Occupancy - Jan 2024

Neyagawa Blvd & Dundas St W- I

Monarch Ave & Hunt St located at Monarch Ave & Hunt St image

$ 875,000 1839 Sqft

Occupancy - Early 2024

Monarch Ave & Hunt St

Burnhamthorpe and Sixth Line located at Burnhamthorpe and Sixth Line image

$ 1,250,000 2058 Sqft

Burnhamthorpe and Sixth Line

Mapleview Dr E & Yonge St located at Mapleview Dr E & Yonge St image

$ 1,155,000 2500 Sqft

Occupancy - March 2023

Mapleview Dr E & Yonge St

Simcoe St N & Windfields Farms Dr located at Simcoe St N & Windfields Farms Dr image

$ 759,990 1757 Sqft

Simcoe St N & Windfields Farms Dr

201 Elmira Rd S, Guelph, ON N1K 1R2 located at 201 Elmira Rd S, Guelph, ON N1K 1R2 image

$ 685,000 968 Sqft

Occupancy - February 1, 2024

201 Elmira Rd S, Guelph, ON N1K 1R2

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Peter Lan Chung

Red Brick Real Estate Brokerage

530 Speers Rd. located at 530 Speers Rd. image

$ 768,000 1300 Sqft

Occupancy - April 2023

530 Speers Rd.

dfvfd

Royal Lepage Real Estate Services Success Team

Lot 222-39  located at Lot 222-39  image

$ 1,080,000 2150 Sqft

Occupancy - Mar 2024

dfvdf

Ravi Godara

Elixir Real Estate

Ridgeway Dr & The Collegeway located at Ridgeway Dr & The Collegeway image

$ 510,000 478 Sqft

Occupancy - Dec 2023

Ridgeway Dr & The Collegeway

Kingston Road and Franklin Avenue located at Kingston Road and Franklin Avenue image

$ 1,100,000 1825 Sqft

Occupancy - Fall 2024

Kingston Road and Franklin Avenue

. Scarborough

Mayfield & McLaughlin Rd- II located at Mayfield & McLaughlin Rd- II image

$ 1,499,000 2550 Sqft

Mayfield & McLaughlin Rd- II

4 HEARTWOOD GATE Whitchurch-Stouffville, Ontario L4A1M2 located at 4 HEARTWOOD GATE Whitchurch-Stouffville, Ontario L4A1M2 image

$ 1,299,990 2663 Sqft

4 HEARTWOOD GATE Whitchurch-Stouffville, Ontario L4A1M2

. Stouffville

Mapleview Drive East & Terry Fox Drive located at Mapleview Drive East & Terry Fox Drive image

$ 1,100,000 2389 Sqft

Occupancy - Spring 2023

Mapleview Drive East & Terry Fox Drive

Maple view drive E & Terry fox drive E located at Maple view drive E & Terry fox drive E image

$ 850,000 1537 Sqft

Occupancy - Nov 2023

Maple view drive E & Terry fox drive E

Kennedy Rd & Corvette Ave located at Kennedy Rd & Corvette Ave image

$ 700,000 686 Sqft

Occupancy - Summer 2024

Kennedy Rd & Corvette Ave

Concession Rd 3 & Bunting Crt located at Concession Rd 3 & Bunting Crt image

$ 1,086,000 2087 Sqft

Concession Rd 3 & Bunting Crt

Shellard Ln & Conklin Rd located at Shellard Ln & Conklin Rd image

$ 925,000 1955 Sqft

Occupancy - Oct 2023

Shellard Ln & Conklin Rd

. Brantford

Eglinton & Winston Churchill  located at Eglinton & Winston Churchill  image

$ 1,500,000 2250 Sqft

Occupancy - December 2023

Eglinton & Winston Churchill

Airport Rd & Walker Rd- II located at Airport Rd & Walker Rd- II image

$ 1,675,000 3100 Sqft

Occupancy - Sep 2023

Airport Rd & Walker Rd- II

Conlin Rd E & Wilson Rd N -III located at Conlin Rd E & Wilson Rd N -III image

$ 825,000 1804 Sqft

Conlin Rd E & Wilson Rd N -III

Garden Street & Promenade Drive located at Garden Street & Promenade Drive image

$ 949,000 1893 Sqft

Garden Street & Promenade Drive

Conlin Rd E & Wilson Rd N- II located at Conlin Rd E & Wilson Rd N- II image

$ 863,000 1708 Sqft

Occupancy - Fall 2023

Conlin Rd E & Wilson Rd N- II

Hardy Rd & Oak Park Rd located at Hardy Rd & Oak Park Rd image

$ 850,000 2350 Sqft

Hardy Rd & Oak Park Rd

Taunton Rd W & Lake Ridge Road located at Taunton Rd W & Lake Ridge Road image

$ 999,000 1770 Sqft

Occupancy -

Taunton Rd W & Lake Ridge Road

Jefferson Side Rd & Yonge St- Richmond Hill located at Jefferson Side Rd & Yonge St- Richmond Hill image

$ 1,425,000 2080 Sqft

Jefferson Side Rd & Yonge St- Richmond Hill

Homestead Way & Uppers Ln located at Homestead Way & Uppers Ln image

$ 610,000 1500 Sqft

Homestead Way & Uppers Ln

Castlemore Avenue & York Regional Road 48 located at Castlemore Avenue & York Regional Road 48 image

$ 1,200,000 1953 Sqft

Occupancy - Spring

Castlemore Avenue & York Regional Road 48

Dryden Blvd & Anderson st located at Dryden Blvd & Anderson st image

$ 1,400,000 2653 Sqft

Dryden Blvd & Anderson st

Regional Road 25 & Britannia RD located at Regional Road 25 & Britannia RD image

$ 2,200,000 3010 Sqft

Regional Road 25 & Britannia RD

Dissette St & Holland St W located at Dissette St & Holland St W image

$ 850,000 1957 Sqft

Dissette St & Holland St W

Erin Mills Parkway & The Collegeway located at Erin Mills Parkway & The Collegeway image

$ 799,000 1332 Sqft

Erin Mills Parkway & The Collegeway

Spadina Ave & Front St W located at Spadina Ave & Front St W image

$ 850,000 598 Sqft

Occupancy - Winter 2024

Spadina Ave & Front St W

Queen St E & Church St, located at Queen St E & Church St, image

$ 1,199,000 684 Sqft

Occupancy - June 2027

Queen St E & Church St,

89 avenue Green Ash Avenue located at 89 avenue Green Ash Avenue image

$ 799,990 2152 Sqft

Occupancy - April 16, 2024

89 avenue Green Ash Avenue

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Desiree Turda

Bay Street Group Inc.

no image available for  Sky Harbour Dr, Brampton, ON L6Y 0C1

$ 620,000 618 Sqft

Sky Harbour Dr, Brampton, ON L6Y 0C1

Copper Creek Dr/Donald Cousens located at Copper Creek Dr/Donald Cousens image

$ 1,250,000 2165 Sqft

Copper Creek Dr/Donald Cousens

no image available for 14th Ave SW & 12th St SW

$ 529,089 764 Sqft

Occupancy - Q1-2024

14th Ave SW & 12th St SW

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$ 1,439,000 2514 Sqft

Coppermine St Oshawa Ontario L1H 8L7

tenth line and Busato Drive located at tenth line and Busato Drive image

$ 999,000 1640 Sqft

tenth line and Busato Drive

16th Ave and Markham Road located at 16th Ave and Markham Road image

$ 2,300,000 2736 Sqft

Occupancy - April 2024

16th Ave and Markham Road

Olesya Andrianova

REVEL REALTY INC

1010 Dundas Street East located at 1010 Dundas Street East image

$ 739,000 920 Sqft

Occupancy - January 2024

1010 Dundas Street East

no image available for Burnamthorpe Road & Confederation Parkway

$ 670,000 651 Sqft

Occupancy - October 2023

Burnamthorpe Road & Confederation Parkway

no image available for Dundas & Sixth Line

$ 1,695,000 2650 Sqft

Dundas & Sixth Line

165 Canon Jackson Drive Unit 308 located at 165 Canon Jackson Drive Unit 308 image

$ 549,000 617 Sqft

165 Canon Jackson Drive Unit 308

Airport Rd & Walker Rd located at Airport Rd & Walker Rd image

Occupancy - September 2023

Airport Rd & Walker Rd

Colborne St & Iroquois St located at Colborne St & Iroquois St image

$ 625,000 1587 Sqft

Colborne St & Iroquois St

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Need help with Assignment Sale?

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Ontario Assignment Sale - Check out Pre construction Condos, Townhomes & Detached home assignment for sale in Ontario, Canada.

Is an assignment legal in ontario.

An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property). The assignee is the one who ultimately completes the deal with the seller.

What is a preconstruction assignment sale?

Unless otherwise prohibited or restricted in writing in the original agreement of purchase and sale, It is mostly legally permitted. In some cases, the developer may charge the assignor a fee for this kind of sale. The best thing to do is to contact the builder directly to confirm if you are allowed to assign your purchase contract because assignment restriction and fees vary from builder to builder.

Homebaba is one of the leading online marketplace for pre-construction and assignment sales in Ontario. Check out hundreds of Ontario Assignment Sales advertised by Liscenced Real Estate Agents in Ontario. Toronto Assignment Sale - Homebaba . The listings such as assignment listings, resale listings or preconstruction project listings & description of the related pages are uploaded by Real estate agents. Homebaba does not verify the correctness of the data uploaded on its platform. Please contact the listing agent to verify the information. E&OE expected.

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assignment sale in georgetown

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List of Detached Home Assignment For Sale in Kleinburg (2024)

kleinburg assignment sale

Kleinburg Assignment Sale - Check out Condos Assignment, Townhomes & Detached Home

Are you looking for a detached home assignment for sale in Kleinburg? Look no further than the exciting world of assignment sales. Kleinburg is a charming city known for its panoramic landscapes and rich history. 

It offers various real estate options like condos, detached homes, and townhomes. Kleinburg Assignment sale provides a convenience to purchase a property. Before its completion, you can directly go with the original buyer. They offer the chance to secure your dream home or a prime location. 

Condos, townhomes, and detached homes in Kleinburg are great choices for homebuyers. Let’s move further and discover the perfect assignment sale opportunity.

Types of Kleinburg Assignment Sale

Well, Kleinburg has many beautiful new condo developments. They also offer diverse assignment sale opportunities. You can discover opportunities with condos assignment sale in Kleinburg . Secure your dream home with exclusive deals. 

2. Detached Homes

Detached homes are available as assignment sale in Kleinburg . Although they are less common than condos or townhomes. Moreover, explore special deals on assignment sale properties in Kleinburg . Your dream home awaits exclusive opportunities.

3. Townhomes

Townhomes are another famous property type in Kleinburg. And there are fantastic assignment sale available. However, Buying an assignment sale townhome can provide more space. You can easily customize your property.

Tips to Sell Detached homes on assignment Sale in Kleinburg

Kleinburg is popular for real estate investment in Greater Toronto.  Are looking condo, or a detached home? You can choose various assignment sales available. 

Here are some tips to help you sell Kleinburg detached home on assignment :

  • Understand the Assignment Process: Be aware of the assignment process and the legal factors. You should look for guidance from a real estate lawyer. Well, you can go with a professional who can assist you in guiding the assignment. 
  • Price it Right: Set an attractive and competitive price for your detached home. Conduct market analysis to understand the market value. Consider factors like location, size, amenities, and features of your home.
  • Highlight the Features: Show the unique selling points of your detached home. Highlight its structural design, layout, and outdoor spaces. You can add amazing features that set it top in this competitive world.
  • Professional Marketing: For the best look, you should hire a photographer. You can also use virtual tours and high-quality marketing. It can help attract potential buyers. Use online listing platforms, social media, and targeted advertising to reach potential buyers.
  • Hire Local Real Estate Agents: Go with local real estate agents who know the Kleinburg market. And they have a network of potential buyers. Connect with a reputable agent when selling your property. They can help you access a broader pool of interested parties. It can increase your chances of a successful sale. A good agent can provide valuable insights throughout the selling process

Advantages of Buy detached Homes on assignment Sale in Kleinburg

Cost savings.

The first benefit of the buy Kleinburg detached on assignment is cost savings. However, in some cases, an assignment sale property can be purchased at a lower price. It’s important to do your research and work with a knowledgeable real estate agent. They help to determine whether assignment sale is the right option for you or not.

Customization

Another advantage of buying an assignment sale property in Kleinburg is customization.  Buyers can take over the contract before the closing date.  Which means they can work with the developer to make changes or upgrades.

Potential for Appreciation

Buying an assignment sale property in Kleinburg has unique points. As we know Kleinburg real estate market continues to grow and develop. The property provides the new buyer with a profitable investment.

Is an Assignment Sale Property in Kleinburg Right for You?

You are buying an assignment sale property in Kleinburg . You may face a few risks and complexities. It offers an amazing way to search for desirable locations.

Buying or selling an assignment sale property in Kleinburg is a great investment.  It is important to do research and understand the assignment sale process. 

FAQ: Detached Home assignment for sale in Kleinburg

What is an assignment sale?

An assignment sale is when a buyer purchases a pre-construction property like a condo, townhome, or detached home and then sells their purchase contract to another buyer before the property is completed. The original buyer transfers their rights to the new buyer in exchange for a profit.

What are the benefits of buying an assignment sale property in Kleinburg?

There are excellent benefits of buying an assignment sale property in Kleinburg, such as potential cost savings compared to buying a completed property, the opportunity to customize the property to your preferences, and the potential to benefit from appreciation in property value before the property is even completed.

What are the risks of buying an assignment sale property in Kleinburg?

There are some potential risks to buying an assignment sale property in Kleinburg like developer delays or cancellations, market changes that could impact the value of the property, and contractual obligations that may not be fully understood by the assignee.

assignment sale in georgetown

Don’t know where to start ? Contact Our Team!

Nobody knows the assignment market in the GTA and southern Ontario better than me. Whether you’re looking to buy or sell, I promise to work hard on your behalf to ensure you get the best deal possible.

Sean Bhairo is a data-driven CPA and Sales Representative. Sean understands that buying or selling a home is one of the largest investment decisions you will make, and his goal is to leverage his skillset and experiences to help support these decisions.

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COMMENTS

  1. Assignment Sale in Georgetown!

    Listing Price: $910,000Original Purchase Price: $787,900Deposit Paid: $91,000Model: Humberstone, Lot 51 Elevation 21746 Sqft Freehold TownhouseDevelopment Le...

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    The real estate landscape in Georgetown, a charming town in Ontario, Canada, is evolving, offering a unique avenue for prospective homeowners and investors - the realm of pre construction assignment sale in Georgetown.. As the demand for homes continues to surge, understanding the intricacies of this emerging trend becomes paramount for those keen on securing their dream property or ...

  5. Georgetown Assignment Sales Platform

    Assign Circle is a Georgetown assignment sales platform that is revolutionizing the way people buy and sell assignment homes, preconstruction homes, resale homes, mls listings, and more. With an interface that is easy to use and modern, search for your dream home by area, property type, and price point.

  6. Assignment Sales

    An assignment sale is a transaction between a property's original buyer (the Assignor) and a new buyer (the Assignee). The Assignor sells their contract to the Assignee. The Assignee then completes the deal with the Developer and takes on the Assignor's Agreement of Purchase and Sale. Simply put, this means that the Assignor sells their ...

  7. Trafalgar Meadows Freehold Towns

    The Trafalgar Meadows Freehold Towns pre-construction project by Essence Homes in Georgetown has sold out. We have an assignment sale available for a unit in this project. Call to Action. 647-918-5375. [email protected]. Trafalgar Meadows Freehold Towns. 17 Side Rd, Halton Hills, Georgetown, ON.

  8. Assignment Sale In Georgetown

    ASSIGNMENT OPPORTUNITY! Location: 42 Mill St, Georgetown at AMICO Properties For Sale at $1,100,000 Builder is offering now for over 1.3M!! Paid Deposits: $90,285 Original Purchase Price: $601,900 Level: 2nd floor unit Size: 1090 sqft Bedrooms: 1 Bed + den Just had occupancy One locker One parking Amenities & Building features: Patio 24/7 Concierge Eco friendly green roof H

  9. Buy & Sell Assignment on Colgan Crossing Sale- GTA Home

    Detached house assignments have appeared as a fascinating option for those seeking to invest in the Colgan Crossing Assignment Sale, a thriving community known for its desirable location and abundant amenities. The detached house assignment on Colgan Crossing may sound like some fancy financial terminology, but fear not; it is quite simple. In ...

  10. Georgetown Assignment Sale

    Assignments for sale in Georgetown (2024) 5 Georgetown Detached, Townhomes or Condos assignment for sale on Homebaba. All Toronto Brampton Burlington Mississauga Etobicoke Milton Markham Kitchener Cambridge Waterloo Vaughan Oakville Ajax Georgetown Innisfil Niagara Thorold Grimsby Calgary Ottawa Aurora Oshawa Barrie Hamilton Bradford ...

  11. Assignment Sale in Georgetown, closing Jan 2024

    Assignment sale in Georgetown CORNER UNIT 1950 sqft Freehold Towns in the heart of Georgetown FREEHOLD - no condo fees! Closings: Nov 2023. 3 bed with 3 washrooms. Pls call TEAM SALIMA at 647 402 4100 Pics are for illustration purpose only.

  12. What Is An Assignment Sale? GTA Homes Blog

    An "Assignment" in the context of real estate in GTA represents a distinctive and strategic sales arrangement that introduces flexibility and opportunity into property transactions. In this arrangement, the original purchaser of a property, known as the "assignor," willingly extends an invitation to a subsequent purchaser, referred to ...

  13. Greater Toronto Area Assignment Sales Platform

    MLS Listings Near GTA. Assign Circle is a Greater Toronto Area assignment sales platform that is revolutionizing the way people buy and sell assignment homes, preconstruction homes, resale homes, mls listings, and more. With an interface that is easy to use and modern, search for your dream home by area, property type, and price point.

  14. Lowe's opening in Georgetown

    Lowe's Cos. Inc. plans to open a store in Georgetown. The home improvement center will build its first location in the suburb north of Austin at 2301 I-35, across the highway from CelLink Corp ...

  15. Assignment Sale & pre construction homes for Sale

    Canada's #1 Assignment Sales Platform for Home Buyers and Sellers - ASSIGN CIRCLE. 1 (416) 890-5604. Create a Listing.

  16. Mississauga Kijiji

    Assignment sale in Georgetown CORNER UNIT 1950 sqft Freehold Towns in the heart of Georgetown FREEHOLD - no condo fees! Closings: Nov 2023. 3 bed with 3 washrooms. Pls call TEAM...

  17. 2024 MCDONNELL DOUGLAS 530F For Sale in Georgetown, Texas

    2024 MCDONNELL DOUGLAS 530F For Sale in Georgetown, Texas at Controller.com. Take advantage of one the last 530's available in 2024. Factory New with 2 year Warranty. Trinity VIP package! Full Glass. includes MD Factory Training Course. Going into MD's Completion booth with a Delivery Date of May 1, 2024. Next available 530F will be in 2025 and this configuration will run you $3.8M.

  18. GTA Real Estate Assignment- Preconstruction

    ASSIGNMENT SALE IN GEORGETOWN, HALTON HILLS REGION!!! Modern Condo Townhouse Builder: Essence Homes Ltd. Project: Trafalgar Meadows 4 Bedrooms + Den, 3.5 Bathrooms, 1 Car Garage Purchase Price:...

  19. Halton Assignment Sales Platform

    Compare listings. Assign Circle is a Halton assignment sales platform that is revolutionizing the way people buy and sell assignment homes, preconstruction homes, resale homes, mls listings, and more. With an interface that is easy to use and modern, search for your dream home by area, property type, and price point.

  20. Teacher Secretly Sold His Students' Art on Mugs and Shirts, Lawsuit

    In total, according to a demand letter sent to the school district on Feb. 13, there were 2,976 items for sale using works from the 96 students who were given the assignment.

  21. Assignment Sale Mississauga Are live Now

    Mississauga assignment sale offers the potential for sky-high returns on your investment. As the property is being built, its value can increase significantly, allowing you to sell it at a higher price than what you initially paid. It's like hitting the real estate jackpot! 2. Opportunity to Customize and Personalize the Property.

  22. 40 Facts About Elektrostal

    40 Facts About Elektrostal. Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to ...

  23. Elektrostal, Moscow Oblast, Russia

    Elektrostal Geography. Geographic Information regarding City of Elektrostal. Elektrostal Geographical coordinates. Latitude: 55.8, Longitude: 38.45. 55° 48′ 0″ North, 38° 27′ 0″ East. Elektrostal Area. 4,951 hectares. 49.51 km² (19.12 sq mi) Elektrostal Altitude.

  24. Ontario Assignment Sale

    Ontario Assignment Sale - Check out Pre construction Condos, Townhomes & Detached home assignment for sale in Ontario, Canada.. Is an Assignment legal in Ontario? An assignment is a sales transaction where the original buyer of a property (the "assignor") allows another buyer (the "assignee") to take over the buyer's rights and obligations of the Agreement of Purchase and Sale ...

  25. Detached Home Assignment For Sale in Kleinburg

    Types of Kleinburg Assignment Sale. 1. Condos. Well, Kleinburg has many beautiful new condo developments. They also offer diverse assignment sale opportunities. You can discover opportunities with condos assignment sale in Kleinburg. Secure your dream home with exclusive deals. 2.

  26. Blaine Moscow Real Estate & Homes For Sale

    Zillow has 2 homes for sale in Blaine Moscow. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.