Grange Road, Guelph
Nima
Nima is a detached, townhome community by Terra View Homes at 2 Nicholas Way in Grange Road, Guelph. Freehold homes from 1,658 to 1,739 sq ft priced $684,867 to $817,610 across 5 floor plans. Launched March 27th, 2026.
- Freehold towns, already under construction
- 1,658 to 1,739 sq ft
- 9-foot main floor ceilings, 8-foot second floor
- Glued, screwed and nailed engineered subfloors
- Basement sealed with spray foam against soil gases
The deposit structure is the unusual thing here, and it is unusually buyer-friendly: $5,000 on signing and the balance of 5% on occupancy. Most freehold builders want 10% inside six months. Holding $30,000 or more in your own account until occupancy instead of the builder’s trust account is worth real money over a build.
It also means your exposure under Tarion’s deposit protection is minimal for most of the build, since there is very little on deposit to protect.
Every plan sits comfortably below $1,000,000, which is the most favourable rebate band in the structure: full 8% Ontario, no first-time buyer test, and the full federal 5% on top if you qualify.
The other Terra View release in Guelph is Hart Village Phase 2.
Pricing and your rebate position
Listed prices run $684,867 to $817,610 across 5 floor plans. Assuming you qualify, here is what the current programs are worth at each end:
| At $684,867 | At $817,610 | |
|---|---|---|
| Ontario ENHR (no first-time buyer test) | $54,789 | $65,408 |
| Federal rebate (first-time buyers only) | $34,243 | $40,880 |
Confirm with the builder whether the advertised prices are quoted net of the HST rebate. Where they are, a buyer who does not qualify is billed the difference at closing. How this works.
Location
Nima is at 2 Nicholas Way in Grange Road, Guelph.
Deposit structure
- $5,000 on signing
- Balance to 5% on occupancy
Set by the builder and subject to change. Tarion protects a freehold deposit up to $100,000. How that works
Registered buyers
What I can send you on Nima
Everything above is on this page for anyone to read, and it stays that way. What follows is the builder's own material, which is released to registered buyers rather than published:
- All 5 floor plans, 1,658 to 1,739 sq ft, with room dimensions
- The lot-by-lot price list, including the premiums that are not in the starting price
- Release dates as the builder confirms them
- Registering commits you to nothing. You get the material and a straight read on it.
Registered
You're registered for Nima.
You'll get the Terra View Homes price list and floor plans as they're released, plus a note from Jordan on how the release looks.
Or book a call nowNima, common questions
6- Is Nima freehold or condo?
- Nima is freehold, so buyers own the land and the building outright. There is no condominium corporation and no standard monthly fee.
- Who is building Nima?
- Nima is being built by Terra View Homes in Grange Road, Guelph.
- How much do homes at Nima cost?
- Listed prices run $684,867 to $817,610 across 5 floor plans covering 1,658 to 1,739 sq ft. Lot premiums, elevation upgrades and optional layouts are quoted separately.
- What is the deposit structure at Nima?
- The published schedule is: $5,000 on signing; Balance to 5% on occupancy. Terms are set by the builder and change between phases.
- Does Nima qualify for the Ontario HST rebate?
- Nima can qualify. The Ontario Enhanced New Housing Rebate covers agreements signed between April 1, 2026 and March 31, 2027, pays up to $80,000 of the provincial HST and has no first- time buyer test. At $684,867 the Ontario rebate is worth about $54,789, and a first-time buyer could add roughly $34,243 federally. The home must be the primary residence of the buyer or a relation, and CRA determines eligibility.
- Where is Nima located?
- Nima is at 2 Nicholas Way in Grange Road, Guelph, Ontario.
More new homes in Guelph
All of Guelph- Hart Village Phase 2from $773k