Who We Are

Options For Homes is Canada’s largest developer working exclusively on making homeownership more affordable. Operating for over 25 years, we develop high-quality condos in the GTA with our building partner Deltera (of the Tridel Group of Companies).

How Does It Work?

When you purchase a condo in a brand new Options For Homes building, you only have to put down 5%. Your down payment is then by 10% to 15% with a down payment loan, available through our funding partner.

For a limited time, a 25% down payment loan is available on 2- and 3-bedroom suites for qualifying purchasers. Read on for more details. 

The down payment loan

Our award-winning model allows you to access a down payment loan that is payment-free until you sell or move. This model boosts 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 sell or move out of your condo, or when you pay your primary mortgage in full, 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.

Limited time offer

If you have children and an income up to $127,000, you may receive a down payment loan of up to 25% of your purchase price at The Humber. No payments are due on the down payment loan until you sell or pay off your mortgage. 

You May Qualify If...

  • You are 18 or older
  • You are a permanent resident of Canada or a Canadian Citizen
  • You are a family with a child/children (3 individuals or more) with a household income of $127,000 or less and are currently renting OR
  • You are a family of 2 (2 adults or 1 adult and 1 child) with a household income of $103,000 or less and are currently renting
  • You have 5% down payment on the first $500,000 and 10% down payment on any amount over
  • You have mortgage approval from a conventional lender (ask about our partner banks)

Subject to eligibility and availability. 

Watch This Video to Learn More

Watch this video to learn more

25 Years of Creating Communities

Since 1994, Options has created homes for over 3,000 people.
Here are three highlights from our 13 completed communities.


Located at 35 Saranac Blvd. in the heart of one of Toronto’s oldest neighbourhoods, Cranbrooke Village included suites from bachelor to 3-bedroom. The area is well served by public transit and is a 2-minute walk to the Lawrence Plaza.


Located at 60-61 Heintzman St. in the heart of Toronto’s transit-rich Junction neighbourhood, Heintzman Place is surrounded by shops and restaurants, and is a 15-minute walk from High Park and Keele Subway Station. This is Options’ largest development with 643 suites in two towers.  


One of Options’ first developments is located in Toronto’s Historic Distillery District. The 3-phased development includes the Mill Street, St. Lawrence and Parliament Square condominiums.



As the construction arm of The Tridel Group of Companies, Deltera specializes in the construction of high-rise residential developments (condominium and rental) and has a strong reputation for quality and innovation.


Home Ownership Alternatives (HOA) is a non-profit financial institution making homeownership more affordable to Options purchasers through the administration of the Down Payment Loan.


The Canadian Mortgage and Housing Corporation helps Canadians gain access to suitable housing. CMHC plays a critical role in recognizing our Down Payment Loan and encouraging our financial partners to treat it as though it were a purchasers' own savings.


BMO has been a supporter of Options for almost two decades. They are our preferred bank and are always willing to extend the best possible rate and terms to our clients through a team of dedicated mortgage specialists who care about our clients.


As a mission-based financial institution, Meridian works closely with us helping our purchasers get pre-approved for a mortgage so that you can purchase with confidence and achieve your homeownership dreams.


As one of Canada’s largest financial institutions, CIBC is dedicated to helping our purchasers get pre-approved for a mortgage. As an Options’ homeowner, get ready for home ownership with access to CIBC’s team of dedicated financial planners.

Interested in learning more?

Register for The Humber

Or Give Us A Call:

(416) 867-1501