It is possible.

The most powerful program in Canada helps you realize your dream of owning a home up to 10 years sooner! With only 5% of your own money down, we offer a high-quality condo with the lowest possible maintenance fees and a Down Payment Loan worth up to $100,000 at our newest development – The Humber!

Who is Options?

Options is Canada’s largest developer working exclusively on making home ownership more affordable. Operating for 25 years without government funding, we are a mission-driven social enterprise that turns home ownership dreams into reality.

What does Options do?

Options develops high quality condos with our building partner Deltera (of the Tridel Group of Companies). We take what would normally be a developer's profit and offer it to purchasers as down payment support to make home ownership more accessible sooner.

I can afford this without a crushing amount of debt on one person’s salary.

— Melanie

Up to
down payment support
people supported from our pay-it-forward model
homes built to date
year partnership with Deltera delivering quality homes
Condo 0
now under development

How does Options help?

We give a hand-up, not a hand-out.

Our award-winning model offers you a Down Payment Loan that is payment-free until you sell or move. We boost your down payment of 5% by 10% to 15% of the purchase price of your new home to help you secure a conventional mortgage, and since the amount is lower, this makes your monthly carrying costs lower too.

When you move, sell, or pay off your primary mortgage, the loan gets paid back plus some appreciation. If the loan towards your down payment was 10% to 15%, now 10% to 15% of the current home value is due back.

You may be eligible for an additional $60,000 to further boost your down payment if you’re a first-time buyer.

  • Down Payment Loan FAQs
        • The Options Down Payment Loan is available to anyone who wants it, regardless of income or whether they have previously owned a home. The only requirements are that you have a 5% down payment, qualify and secure a mortgage from a primary lender, and plan to live in your Options home.  

        • You can choose to take a loan worth 10% to 15% of the purchase price of the home. When you sell, no longer live in your home (or anytime before that if you choose), or if you repay your primary mortgage in full, 10% to 15% of current market value of your home is due back. This is why it's called a shared appreciation loan. The repaid loans go into a “pay-it-forward” fund, which is used to provide seed funding for communities that make home ownership possible for even more families and individuals. The Options Down Payment Loan is a second mortgage issued through our funding partner, Home Ownership Alternatives (HOA).

        • No. We only offer the Down Payment Loan for Options for Homes developments.

I am so happy to be able to provide a home for my children and put down roots and start new memories.

— Cheryl

What would you like to do?

Want to know about the condos we're currently selling? Click here discover our latest condos and request more information. 

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  • Danforth Village Estates

    Toronto, ON

    Located on Danforth Road just north of Eglinton Avenue East, this condo overlooks a large, lush park that features walking trails, basketball courts, and an outdoor swimming pool. Built by Deltera, part of the Tridel Group of Companies, owners occupied beginning fall 2017.

    Find out more
  • The Village by Main Station

    Toronto, ON

    The Village by Main Station is built by Deltera, part of the Tridel Group of Companies, at 8 Trent Avenue. Just east of Danforth Avenue and Main Street and a 5-minute walk from Main Street subway station, this condo is ideally situated amidst a variety of shops and restaurants that line Danforth Ave making it a dynamic place to live. The neighbourhood is also home to a number of public recreation spaces, schools, and places of worship. Occupancy began Fall 2018.

    Find out more
  • Cranbrooke Village

    Toronto, ON

    This community is located at 35 Saranac Blvd, at Bathurst Street, two stoplights north of Lawrence Avenue West in the heart of one of Toronto’s oldest neighbourhoods. Built by Deltera, part of the Tridel Group of Companies, Cranbrooke Village suites range in size from bachelor to 3-bedroom. Bathurst and Lawrence is well served by public transit and is home to a large variety of shops and restaurants including the Lawrence Plaza with a Metro grocery, Winners, and banking facilities just a 2-minute walk away.

    Find out more
  • Heintzman Place

    Toronto, ON

    Located in the heart of Toronto’s Junction neighbourhood at 60-61 Heintzman Street, Heintzman Place is served by TTC bus routes, is in the midst of various shops and restaurants, and is a 15-minute walk from High Park and Keele Subway Station. Built by Deltera, part of the Tridel Group of Companies, this is Options’ largest development with 643 suites in two towers. Suites range from 400 sq. ft. bachelors to 1185 sq. ft. 3-bedrooms.

    Find out more
  • Old Kennedy Village

    Markham, ON

    An ideal location, Old Kennedy is at 90 Old Kennedy Road, within blocks of the Milliken GO Station, the Pacific Mall, grocery stores, banks, restaurants, schools, parks, and more. It was built by Deltera, part of the Tridel Group of Companies and consists of 140 stacked townhouses ranging in size from 685 sq.ft. to 1110 sq.ft.

    Find out more
  • The Village at Guildwood

    Scarborough, ON

    The Village at Guildwood's 36 townhouses and 9-storey apartment building were completed by Deltera, part of the Tridel Group of Companies, in 2006 at 3650 Kingston Road at the corner of Eglinton Avenue East and Kingston Road on the edge of the Guildwood area. Suites range in size from 435 sq. ft. up to 1,180 sq. ft. Lockers and parking are also available to residents.

    Find out more
  • Liberty at Discovery Place

    Pickering, ON

    The final phase of TRIDEL's Discovery Place, this community is located at 1200 The Esplanade North next to the Pickering Town Centre and minutes from the 401. Completed in September 2006, this 11 storey tower with 219 suites offers a full range of amenities.

    Find out more
  • Shermount

    Toronto, ON

    This condominium offered both apartments (380) and townhomes (51), close to all necessary shopping amenities and within minutes of the University subway line – only 15 minutes by subway to Toronto's city centre! Located at 650 Lawrence Avenue West. Another quality building constructed by Deltera, a part of the Tridel Group of Companies.

    Find out more
  • The Distillery District

    Toronto, ON

    One of Options' first developments is located in Toronto's Historic Distillery District. The three-phased development made up of the Mill Street, St. Lawrence, and Parliament Square condominiums was completed in 2001 with construction by Davies Smith Developments.

    Find out more
  • Weston Village

    Toronto, ON

    Weston Village is a 42-unit townhouse condominium development at 244 Rosemount Avenue near Weston Road and Lawrence Avenue West in Toronto.

    Find out more
  • The Humber

    Lawrence and Weston

    Situated on the banks of the Humber River on Wilby Crescent, this condo offers uninterrupted southwest views of the river and is mere steps from the Weston GO station and the UP Express, which will get you to Union Station in 15 minutes! The Humber will be built by Deltera, plus, we'll lend you 10% to 15% of the purchase price towards your down payment with the innovative Options Down Payment Loan. 

    Find out more
  • Jasper Condos

    Milton, ON

    Move-ins have begun! If you’re looking for someplace to call home, this is it! Located at 716 Main Street East, Jasper condos features sweeping escaprment views and is being built by VanMar. Plus, we can boost your down payment by 10%.

    Find out more
  • The Village by Main Station

    Toronto, ON

    The Village by Main Station is built by Deltera, part of the Tridel Group of Companies, at 8 Trent Avenue. Just east of Danforth Avenue and Main Street and a 5-minute walk from Main Street subway station, this condo is ideally situated amidst a variety of shops and restaurants that line Danforth Ave making it a dynamic place to live. The neighbourhood is also home to a number of public recreation spaces, schools, and places of worship. FOR IMMEDIATE OCCUPANCY.

    Find out more
  • Grand Willow Condos

    Cambridge, ON

    A new Options development will be located just west of Water Street and Concession Street in Historic Galt. Walking distance from the shops and restaurants lining Main Street and the Cambridge Farmer's Market, Grand Willow will be a mid-rise condo overlooking the Grand River - just a 13-minute drive to the 401!

    Find out more
  • Future Options Condos


    Options is always working on finding new development opportunities to meet the growing demand for affordable home ownership. Presently we are in various stages of pre-development on several sites including downtown Toronto and Scarborough. Sign up for our newsletter to keep up to date on all our developments.

    Find out more

There are no Condos 101 sessions coming up at the moment. Please check back with us in the New Year.

When we moved in, it was already a community.

— Rose

Priority Access

Priority Access puts you among the first in line to reserve a suite at upcoming Options developments! Your $150 Membership gives your access to suite plans and prices for new condos before they launch to the public. Your Membership fee is returned to you once you close on your home.

  • Priority Access FAQs
        • Priority Access gets you:

          • Access to future Options condos before they launch - you’ll receive suite plans and prices, and be able to purchase before the general public
          • A one-on-one meeting with an Options Purchase Consultant once you’ve found the development you’re interested in
          • The ability to hold the suite of your choice following your meeting with a Purchase Consultant for up to 3 days

          During your appointment with an Options Purchase Consultant, you will learn about the Options home ownership model and how the down payment loan works, review suite plans and prices, and begin your purchase. Your Purchase Consultant will review all costs associated with purchasing an Options suite to help find the best home to fit your life.

        • Once you sign a Purchase Agreement, your 10-Day cooling-off period begins as per the Ontario Consumer Protection Act.

          If you are not able to go through with your purchase because of financial limitations, your $150 keeps working for you ensuring that you’ll be invited to purchase at future Options developments before they are released to the public.

          When you purchase a home from Options, $100 of your deposit will be returned at closing (the other $50 is kept to cover HST and financial institution processing fees). 

        • Yes, you can. We can serve you in several ways:

          1. Call us with your credit card number at 416-867-1501 x 221.
          2. Come to our office to pay in person with cash, debit, or credit.
          3. Attend the next Condos 101 event to learn more about the process of purchasing a condo and become a Priority Access Member.


        • We invite you to one of our free Condos 101 events. At these events you will be given a presentation on how Options works and what to expect from the process of buying a pre-construction condo. To register for the next Condos 101, click here.

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Contact Us

We’re here to help you become a homeowner 10 years sooner.

[email protected]


General Inquiries

[email protected]
Tel: 416-867-1501
Fax: 416-867-1743

468 Queen Street East
Suite 310 P.O. Box 28
Toronto, ON, M5A 1T7

Homeowner Support

Client Success
[email protected]
Tel: 416-867-1501, in the main menu press 2.

Sales and Priority Access
Member Support

Kasia Mirecka
[email protected]
Tel: 416-867-1501 x 229

Media, Sales Agent
and Partner Support

Mary Pattison
[email protected]
Tel: 416-867-1501 x 225

Marketing Inquiries

Jessica Speziale
[email protected]
Tel: 416-867-1501 x 224

My daughter now has a room of her own.

— Jim