August Condominiums Port Elgin
New pre-construction condo Reid's Heritage Homes in Port Elgin.
About August Condominiums
Project highlights
- Development
- August Condominiums
- Developer
- Reid's Heritage Homes
- Location
- Port Elgin — 1208 Goderich Street, Port Elgin, ON N0H 2C0
- Property type
- Condo
- Ownership
- Condominium / Freehold
- Sales status
- Coming Soon
- Starting price
- Contact for Pricing
- Occupancy
- TBD
August Condominiums is a new pre-construction condo Reid's Heritage Homes in Port Elgin. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.
Starting at Contact for Pricing, August Condominiums is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.
August Condominiums is a new condo community by Reid's Heritage Homes currently in preconstruction at 1208 Goderich Street, Port Elgin. The community is scheduled for completion in Fall 2026.
Why Port Elgin works
August Condominiums sits at 1208 Goderich Street, Port Elgin, ON N0H 2C0. Explore pre-construction homes in this growing GTA community. Get VIP access to new developments before public launch.
Port Elgin keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.
Why Port Elgin is growing
- More Jobs: Companies keep moving here, driving housing demand.
- Better Transit: New subway, LRT and GO expansions in progress.
- Strong Migration: Population growth keeps property values rising.
- Infrastructure Investment: Schools, hospitals and amenities expanding.
About Port Elgin
Discover why Port Elgin is an ideal location for pre-construction investment
About Port Elgin: A Growing Community in the GTA
Port Elgin is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in Port Elgin, August Condominiums offers a perfect blend of urban convenience and suburban comfort.
Transit & Connectivity
Port Elgin is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.
Lifestyle & Amenities
Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.
Investment Potential & Growth
Port Elgin has shown consistent growth in property values, making it an attractive market for real estate investors.
Excellent Transit
Well-connected to downtown Toronto and the GTA
Strong Growth
Consistent property value appreciation
Quality Living
Modern amenities and community infrastructure
Why pre-construction wins
Investment potential
August Condominiums is priced below comparable resale homes in Port Elgin. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.
Developer confidence
Reid's Heritage Homes has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.
View Reid's Heritage Homes profile & projectsProject data sheet
Building features
- FEATURED
- Queen Church
- From $699,000
- Garden District, Toronto
- FEATURED
- Caledon Club
- From $879,990
- Rural Caledon, Caledon
- FEATURED
- North Oak - Condos at Oakvillage
- From $587,900
- Joshua's Meadows, Oakville
- FEATURED
- Mayberry Hill, Grand Valley - Phase 3
- From $699,900
- East Luther Grand Valley, Grand Valley
- FEATURED
- Mari at Williamsburg
- From $899,900
- Rosenburg, Kitchener
- FEATURED
- Kort View Condominiums
- Registration
- Sonoma Heights, Vaughan
- FEATURED
- Kingfisher Cove
- From $622,900
- Wasaga Beach
- FEATURED
- Ospringe Highlands
- Registration
- Rural Erin, Erin
Project visuals
August Condominiums questions answered
What is the deposit structure for August Condominiums?
The exact deposit schedule for August Condominiums is set by Reid's Heritage Homes and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for August Condominiums's current deposit structure.
When is the occupancy date for August Condominiums?
Occupancy for August Condominiums has not been publicly confirmed by Reid's Heritage Homes yet. Pre-construction projects in Port Elgin typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.
Are assignment sales allowed at August Condominiums?
Assignment policy is set project-by-project by Reid's Heritage Homes. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for August Condominiums.
What are the closing costs for August Condominiums?
Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for August Condominiums.
Is August Condominiums a good investment?
August Condominiums by Reid's Heritage Homes is priced at Contact for Pricing in Port Elgin. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.
How do I buy August Condominiums?
Register with PreconFactory for VIP Platinum access to August Condominiums. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.
Who represents buyers at August Condominiums?
PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on August Condominiums and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.
Helpful guides for buyers
First-Time Buyer Guide
Government incentives, deposit structures, and the step-by-step buying process.
Read guideMortgage Calculator
Estimate monthly payments, stress test qualification, and CMHC insurance.
Read guideLand Transfer Tax
Calculate closing costs including Ontario and Toronto LTT rebates.
Read guideInvestor's Handbook
ROI strategies, assignment sales, and cash-flow analysis for investors.
Read guide