Presales in Masset
No presales are listed in Masset on the MLS® today. See nearby cities below, or get an email when one lists here.
Each project sets its own terms. Your contract and disclosure statement have the details.
You sign a purchase contract at a price set now and pay a deposit, usually 10% to 20% in two to four stages. Each project sets its own schedule.
The developer must give you a disclosure statement under the Real Estate Development Marketing Act. It sets out the plan, the deposit terms, the estimated completion and the risks.
You can cancel within 7 days after you sign or receive the disclosure statement, whichever is later. An assignment, bought from another buyer, does not carry this right.
Completion dates are estimates and can move. The contract sets a last date, called the sunset clause. After it, you can usually cancel and get your deposit back.
You pay the balance, 5% GST unless the price includes it, and property transfer tax. The newly built home exemption can remove transfer tax on a home up to $1,100,000, with partial relief up to $1,150,000, for a buyer who qualifies and lives in it.
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Source: MLS® listings from Greater Vancouver REALTORS® and CREA DDF®, updated every hour. Refreshed Oct 10, 2026, 2:05 PM.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Presales are listings marked new or under construction, that say presale, or built after 2026. Project and developer names come from each MLS® listing. Completion dates are as listed and can change. Relta does not market homes for any developer.
General information about BC presales, not legal or tax advice.