Built in the last five years

These are homes the TRREB record puts at five years old or less. Practically, that means the windows, furnace, roof and wiring are all near the start of their life, and much of the house may still be under Tarion warranty — coverage runs seven years on major structural defects from the date of possession, and it transfers to you.

It is also the honest middle ground for someone weighing a preconstruction purchase. You give up choosing the finishes; you get to walk through the actual house, on the actual street, with the actual sightlines, and close on a date you can plan around.