Who might consider a condo assignment?

An assignment may suit a buyer looking for a pre-construction unit before the builder's remaining inventory is available, or an original buyer who needs to sell their contractual interest before closing. Suitability depends on the contract, financing, timing, costs and individual circumstances.

What is the usual assignment process in Ontario?

The parties review the original purchase agreement and builder's assignment rules, negotiate and sign an assignment agreement, satisfy deposit and lawyer-review terms, apply for any required builder consent, arrange financing and tax/legal advice, and complete the assignment and original builder closing steps as required by the documents.

What risks and costs should buyers and sellers consider?

Potential issues include builder consent or fees, restrictions in the original agreement, deposit and closing obligations, financing and appraisal uncertainty, HST and income-tax treatment, development charges or adjustments, and the possibility of delays or default. Each party should obtain independent legal and tax advice before committing.

Toronto REALTOR® · Over 10 years in Ontario real estate

Jessi LianYour Home, My Priority!您的家，我的首要任务！

Q: What is a condo assignment?

A condo assignment is generally a transaction in which the original buyer (assignor) transfers their contractual interest in a pre-construction purchase agreement to a new buyer (assignee) before the original purchase closes. The builder's agreement and consent requirements govern whether and how an assignment can proceed.

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English · Mandarin | Toronto & the Greater Toronto Area

10+Years Experience

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Across the GTA

Four real estate pillars
Residential · Pre-construction · Assignments · Commercial

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Over 10 YearsExperience in Ontario real estate

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4 Service LinesResale · Pre-construction · Assignments · Commercial

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About Jessi

Real estate decisions deserve a thoughtful partner.

I’m Jessi Lian, a REALTOR® with over 10 years of experience in Ontario real estate. I help clients navigate residential buying, selling and leasing, pre-construction opportunities, condo assignments, and commercial property transactions.

Serving Toronto, Markham, Richmond Hill, Vaughan, North York, Scarborough, Mississauga and Etobicoke, I work in English and Mandarin. My goal is to make each step easier to understand so you can make informed decisions that fit your needs.

Jessi Lian, REALTOR® | Bay Street Group Inc., Brokerage

How I can help

Four ways to move forward—with a clear process.

Explore the service that fits your plans. Every transaction is different; steps and timing depend on the property, agreement and your circumstances.

Resale Homes

Buy, sell or lease with practical guidance from initial goals through offer, conditions and closing coordination.

First-time buyersUpsizing / downsizingLandlordsTenants

View the process · 5 steps

Discuss goals, budget, timing and representation.
Review suitable properties or prepare a pricing and marketing plan.
Arrange viewings and review relevant property information.
Negotiate offers and document agreed terms and conditions.
Coordinate condition deadlines, lawyer / lender communications and closing or move-in steps.

Pre-construction Condos

Compare projects, layouts, pricing and available builder incentives; ask about VIP or platinum access where a project offers it.

First-time buyersInvestorsLong-term plannersNew-home shoppers

View the process · 5 steps

Clarify budget, intended use, preferred area and timeline.
Compare available projects, floor plans, price lists and stated incentives.
Review builder disclosure, deposit schedule, adjustments and closing estimates with your lawyer and lender.
Submit registration or an offer according to the project’s actual process.
Track key dates and prepare for occupancy and final closing.

Condo Assignments

A core specialty supported by ToAssign.com. Understand the original contract, the true numbers and the closing steps before committing.

Assignors / sellersAssignment buyersPre-construction investors

View the process · 3 steps

Paperwork check: review the APS, builder consent requirements and deposit status.
True-cost pricing: map original price, deposits paid, remaining obligations and a realistic market asking price.
Clean closing: coordinate assignment documents, occupancy and final closing milestones with the parties and their professionals.

Commercial Real Estate

Buying, selling and leasing support for retail, office and investment properties, with attention to location, permitted use and lease or purchase terms.

Business ownersInvestorsOffice usersRetail tenants

View the process · 5 steps

Define business needs, budget, size, location and intended use.
Identify suitable spaces and review available property information.
Check permitted use, zoning and key lease or purchase considerations with appropriate professionals.
Negotiate the offer or letter of intent and key business terms.
Coordinate due diligence, legal review, conditions and completion.

Featured on ToAssign.com

Condo assignments, with the details up front.

I own and operate ToAssign.com, a Toronto condo-assignment platform created to connect people exploring assignment opportunities. The listings below are current examples supplied for this page; confirm availability, pricing, original purchase details and builder-consent terms directly before relying on them.

My signature process

The Clear Assignment Path 转让三步，看清再签

Paperwork Check

Review the original Agreement of Purchase and Sale (APS), builder assignment and consent requirements, and the status of deposits already paid.

Know what the contract allows.

True-Cost Pricing

Map the original purchase price, deposits paid, remaining obligations and a realistic market asking price—so the numbers are easier to compare.

Understand the full picture, not just the asking price.

Clean Closing

Coordinate assignment documents, builder consent steps, occupancy milestones and final closing timelines with the parties and their legal professionals.

Keep the milestones visible.

One Crosstown Condos

Don Mills & Eglinton · Toronto

2 Bed + Den / 2 Bath880 sq ftSouth exposure6–10 Floor

Asking $836,000

Loss vs. original price: $102,000+

View live listing →

ALiAS Condos

Church & Richmond · Toronto

1 Bed / 1 Bath470 sq ftWest exposure21–30 Floor

Asking $770,000

Loss vs. original price: $101,000+

View live listing →

VOYA Condos

Parkside Village · Mississauga

1 Bed + Den / 1 Bath631 sq ftEast exposure11–15 Floor

Asking $499,000

Loss vs. original price: $231,750+

View live listing →

Notting Hill Condos 2

Eglinton & Royal York · Toronto

1 Bed / 1 Bath524 sq ftNorth exposure1–5 Floor

Asking $358,000

Loss vs. original price: $82,000+

View live listing →

Browse all assignments List your assignment — free exposure

Selling an assignment? Start with free exposure.

Free exposure on a platform buyers search for assignment opportunities.
Your listing is handled by the person who owns and operates the platform.
Bilingual marketing to GTA and overseas buyers, where appropriate.

Submit your assignment details →

Assignment essentials · Ontario

Understand the agreement before you commit.

A condo assignment can offer flexibility, but the details depend on the original purchase agreement, builder policies and the parties’ legal and financial circumstances.

What is a condo assignment?

It generally means the original buyer (assignor) transfers their contractual interest in a pre-construction purchase agreement to a new buyer (assignee) before the original purchase closes. It is not the same as transferring registered title to a completed home.

Who might it suit?

It may suit an original buyer who needs to exit before closing, or a buyer seeking a particular pre-construction unit. Each party should assess the contract, timeline, funds required, financing and tax implications with their own lawyer and tax professional.

What does the process involve?

Review the original agreement and assignment restrictions; confirm builder consent, fees and deadlines; negotiate and sign the assignment agreement; satisfy deposit and review conditions; arrange financing and legal/tax advice; and coordinate assignment closing and the builder’s final closing requirements.

What are the main risks?

Builder consent may be restricted or refused; fees, development charges, HST or income-tax issues may apply; financing or appraisal may fall short; deadlines can be tight; and a party may remain liable under the original agreement. Costs and tax treatment depend on the facts—get independent legal and tax advice.

General information only, not legal, tax, mortgage or investment advice. Assignment rights, consent requirements, fees and closing obligations vary by contract and project. Have your lawyer review the specific documents before you make a commitment.

GTA market insights

Monthly market snapshot

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Planning tool

Mortgage payment calculator

Estimate a monthly payment using a Canadian mortgage-style calculation. Adjust the inputs to explore a scenario.

Home price (CAD)

Down payment (CAD)

Annual interest rate (%)

Amortization (years)

Estimated monthly principal & interest$0Estimated mortgage: $640,000

For illustration only — not financial advice. Estimate excludes property tax, insurance, utilities, condo fees, mortgage default insurance and lender-specific compounding or qualification rules. Actual payments may differ. Confirm terms with a licensed mortgage professional or lender.

Let's connect

Tell me what your next move looks like.

Have a question about a home, a pre-construction project, an assignment or a commercial property? Get in touch.

Areas served

Toronto · Markham · Richmond Hill · Vaughan · North York · Scarborough · Mississauga · Etobicoke

Jessi LianYour Home, My Priority!您的家，我的首要任务！

Personal service. Clear guidance.

Real estate decisions deserve a thoughtful partner.

Four ways to move forward—with a clear process.

Resale Homes

Pre-construction Condos

Condo Assignments

Commercial Real Estate

Condo assignments, with the details up front.

The Clear Assignment Path 转让三步，看清再签

Paperwork Check

True-Cost Pricing

Clean Closing

One Crosstown Condos

ALiAS Condos

VOYA Condos

Notting Hill Condos 2

Selling an assignment? Start with free exposure.

Understand the agreement before you commit.

Monthly market snapshot

Words from clients

Mortgage payment calculator

Tell me what your next move looks like.

Areas served

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