Qui Modern Towns
9999 Markham Road
Pre-construction townhouse development by LeBANC Development in Markham.
Project facts
How pre-construction deposits typically work
Pre-construction in Ontario is paid in instalments over the construction window, not all at once. LeBANC Development’s exact deposit schedule for Qui Modern Towns may differ — Hassan will send you the actual breakdown when you request VIP access. Here’s the most common GTA freehold structure:
- On signing$10,000 - $25,000
- Within 30 daysBalance to 5% of price
- Within 120 daysAdditional 5%
- Within 240 daysAdditional 5%
- On closingRemaining balance + closing costs
Note: This is a typical structure for educational purposes. The real schedule for Qui Modern Towns will arrive in Hassan’s personal email reply after you request platinum access. Pre-construction deposits are non-refundable except in narrow circumstances spelled out in the Agreement of Purchase and Sale.
What happens after you request VIP access
- 01You submit the form
Drop your name, email, phone, budget, and timeline in the sidebar form. Takes 60 seconds. You will receive an instant confirmation email so you know it landed.
- 02Hassan personally pulls the latest builder package
Within a few hours, Hassan logs into his LeBANC Development broker portal and pulls the current floorplans, pricing tier, deposit structure, and any active platinum-level incentives on Qui Modern Towns.
- 03You get a personal reply, not an autoresponder
Hassan emails you the package directly from his own inbox. If you have questions, you reply to that email and you're talking to Hassan, not a sales bot.
- 04No-pressure conversation
If you want to talk through cash flow numbers, deposit timing, assignment policies, or how this project compares to others Hassan tracks, you book a 30-minute call. If you want to think about it, that's fine too.
- 05If you decide to move forward
Hassan registers you with LeBANC Development as one of his clients, walks you through the Agreement of Purchase and Sale, and connects you with a real estate lawyer for the cooling-off review (mandatory 10-day rescission period for new condos in Ontario).
About LeBANC Development
LeBANC Development is one of the builders active in the Markham pre-construction market. Hassan tracks and works with all major GTA developers and can pull comparables across builders so you can compare Qui Modern Towns side-by-side with similar projects from Tridel, Menkes, Daniels, Greenpark, Mattamy, and others before you commit.
Pre-construction FAQ
What is a 10-day cooling-off period?+
In Ontario, every new condominium purchase comes with a mandatory 10-day rescission (cooling-off) period after you sign the Agreement of Purchase and Sale. During those 10 days, you can cancel for any reason and get your full deposit back. Use it to have a real estate lawyer review the agreement, the disclosure statement, and the budget. This right does not apply to freehold pre-construction.
When do I actually move in?+
The estimated occupancy listed for Qui Modern Towns is set by the builder and disclosed in the Agreement of Purchase and Sale. Builders often miss original occupancy dates by 6 to 18 months. Your APS will spell out the maximum extended occupancy date and what happens if the builder blows past it (typically a per-day delayed-closing compensation under Tarion).
What is interim occupancy?+
For condos, you typically get interim occupancy a few months before final closing. During interim occupancy, you live in the unit and pay an 'occupancy fee' (interest on the unpaid balance + estimated property tax + estimated condo fee). Final closing happens once the building is registered with the land registry, which is when you actually take legal title and your mortgage starts.
Can I assign my unit before closing?+
Most builders allow assignments — selling your contract to another buyer before final closing — but they charge an assignment fee (often $5,000 to $25,000) and reserve the right to approve the buyer. Some builders prohibit assignments entirely. The assignment policy is in the Agreement of Purchase and Sale and is one of the first things Hassan reviews with you. If you're investing with the intent to assign, ask about the policy *before* you sign.
Are deposits protected?+
Tarion (Ontario's new home warranty) protects condo deposits up to $20,000 on suites priced at $600,000 or less, and up to 7% of the purchase price (max $40,000 to $100,000 depending on price band) on more expensive units. Freehold deposits are protected up to $60,000. Always confirm Tarion enrolment is in place before you sign.
What is HST on a new build?+
New residential homes in Ontario are subject to HST. For most owner-occupied first homes, the builder includes the HST in the listed price and applies for the federal/provincial HST rebate on your behalf. If you're buying as an investor and renting out the unit, you typically pay the HST up front at closing and then apply separately for the New Residential Rental Property Rebate. Hassan can refer you to an accountant who specializes in this — it's a couple of paragraphs in your APS but it can be a $40,000+ swing on closing.
Source & verification
Project information sourced from LeBANC Development’s public website. Verified on 2026-04-07. Pre-construction prices and incentives change frequently. Always verify with the builder or with Hassan before making any decision.