Wildfield Village

The deposit structure is the friendliest feature: $10,000 on signing and the balance to 10% not due until 365 days. For a buyer whose cash position improves over the year, a bonus, a maturing investment, a sale, that timing is worth more than a décor credit.

Pricing and your rebate position

Listed prices run $749,900 to $1,199,900 across 21 floor plans. Here is what the current programs are worth at each end of that range, assuming you qualify:

	At $749,900	At $1,199,900
Ontario ENHR (no first-time buyer test)	$59,992	$80,000
Federal rebate (first-time buyers only)	$37,495	$30,010

Read the price list carefully here. The builder’s advertised prices are stated net of the enhanced HST rebate, that is, they already assume you qualify and that you assign the rebate to the vendor at closing. If you turn out not to qualify, or the rebate is reduced or denied, you are responsible for the difference at closing, in certified funds. At this price point that is a five-figure exposure, and at the top of the range it approaches $59,992. This is not unusual and it is not a trick, but it is the single most important thing to confirm before you sign. How net-of-rebate pricing works.

At the entry end, $749,900 sits below $1,000,000, the full 8% Ontario rebate band, and the most favourable position in the whole structure.

Location

Wildfield Village is at The Gore Road & Mayfield Road in Wildfield, Caledon.