Big Savings for Smart Pre-Construction Buyers

At PreConCentral.com, our mission is to help Canadians make smarter decisions when investing in pre-construction real estate. Whether you’re a first-time buyer or seasoned investor, you should know about CMHC Eco Plus — a program that can save you thousands when purchasing a newly built, energy-efficient home.

If you’re planning to buy a pre-construction unit, this incentive offers real money back — and it’s available starting July 8, 2025.

What is CMHC Eco Plus?

CMHC Eco Plus is a government-backed program from Canada Mortgage and Housing Corporation (CMHC). It gives eligible buyers a 25% refund on their mortgage loan insurance premium if they purchase a new, energy-efficient home.

This refund could mean thousands of dollars in savings — money you can use toward upgrades, appliances, or your closing costs.

It’s also a strong step toward supporting sustainable construction, reducing energy costs, and building more eco-friendly communities across Canada.

Why Pre-Construction Buyers Should Pay Attention

This program is tailor-made for pre-construction buyers:

• It only applies to newly built homes
• These homes must never have been occupied
• They must have a valid energy efficiency certification or an EnerGuide rating

In other words, if you’re buying a pre-construction condo or townhouse, this incentive was designed for you.

And it’s not just about doing good for the environment — it’s about lowering your cost to buy.

What Changed in 2025?

As of July 8, 2025, CMHC revised Eco Plus so that it now applies only to newly constructed homes. The key conditions are:

• The home is brand new and never lived in
• It meets certain energy efficiency standards or EnerGuide ratings

This streamlining makes the application process easier and encourages builders to meet or exceed energy efficiency codes.

What If You’re Upgrading an Existing Property?

For buyers not going the pre-construction route, CMHC still offers Eco Improvement. This version of the program also gives a 25% premium refund when you make energy-saving upgrades to an older home.

It’s a great option for investors, flippers, or those buying resale homes in need of improvement.

How to Qualify for CMHC Eco Plus

Here are the basic requirements:

• Your mortgage is CMHC-insured
• The home is newly built and never previously occupied
• You have an approved energy certification or an EnerGuide rating that meets the program standards

What’s EnerGuide?

EnerGuide is the Canadian government’s system for rating home energy efficiency. A higher score means your home uses less energy — a key requirement for qualifying under CMHC Eco Plus.

Your builder or developer should be able to provide the certificate during the final construction phase.

Example of Real Savings

Let’s break it down:

• Say your mortgage loan is $400,000
• Your CMHC mortgage insurance premium is $12,000
• With CMHC Eco Plus, you get $3,000 back

That’s money you can put toward furniture, appliances, or your next investment.

How to Apply

Ready to claim your 25% back? Here’s how:

1. Visit the CMHC Eco Plus webpage
2. Complete the application form
3. Provide your EnerGuide certificate or other approved documentation

Final Word: Don’t Miss Out on This Incentive

If you’re buying pre-construction in 2025, CMHC Eco Plus is a smart way to cut costs, increase value, and make an eco-conscious choice.

At PreConCentral.com, we specialize in helping buyers:

• Discover projects that qualify
• Understand mortgage insurance requirements
• Maximize government incentives

Don’t leave money on the table. Ask your builder or mortgage broker about CMHC Eco Plus, or contact us to see which new builds qualify.

Let’s Talk Pre-Construction

Want expert help with your next pre-construction move?
Visit PreConCentral.com to:

• Browse qualifying new builds
• Get matched with a top pre-construction realtor
• Learn about rebates, incentives, and smart strategies

CMHC Eco Plus is your ticket to smarter, greener homeownership — and we’re here to guide you every step of the way.

This article is for informational purposes only. Please verify details with CMHC or your mortgage professional before applying.

The post CMHC Eco Plus: Save Thousands When Buying Pre-Construction in Canada appeared first on Preconcentral.com | New Pre-Construction Homes & Condos for Sale from Toronto's Top Home Developers & Builders.

In this article, we’ll break down the CMHC MLI Select Program, its benefits, and how it supports Canada’s housing goals.

What is the CMHC MLI Select Program?

The Canada Mortgage and Housing Corporation (CMHC) introduced the MLI Select Program to incentivize the development of multi-unit rental properties that align with its core objectives: affordability, sustainability, and inclusivity.

Through the program, CMHC offers favorable financing terms, such as extended amortization periods and higher loan-to-value ratios, making it easier for developers to fund projects that benefit communities and meet national housing priorities.

Key Benefits of the CMHC MLI Select Program

1. Enhanced Financing Options:
   • Borrowers can access longer amortization periods (up to 50 years).
   • Higher loan amounts are available, reducing upfront capital requirements.
2. Support for Affordability:
   Projects offering below-market rents or geared towards low-income households receive better terms and additional benefits.
3. Incentives for Sustainability:
   By including energy-efficient designs or upgrades, developers can reduce operational costs while earning rewards through the program.
4. Encouragement of Accessibility:
   Properties that incorporate accessible features for individuals with disabilities can gain a competitive edge in the application process.

How Does the CMHC MLI Select Program Work?

The program evaluates projects using a scoring system based on three key pillars:

1. Affordability:
   Developers receive points for offering units at rates below the market average or targeting underserved populations.
2. Accessibility:
   Projects with accessible features, such as elevators, widened doorways, or barrier-free designs, earn higher scores.
3. Energy Efficiency:
   Incorporating eco-friendly elements like LED lighting, high-efficiency HVAC systems, or achieving certifications (e.g., LEED or ENERGY STAR) boosts project scores.

Based on the score, developers can unlock enhanced benefits, such as lower interest rates or extended loan terms.

Who is Eligible for the CMHC MLI Select Program?

To qualify, projects must meet the following criteria:

• Be a multi-unit residential property with at least five units.
• Align with one or more program pillars: affordability, accessibility, and sustainability.
• Comply with CMHC’s standard mortgage insurance guidelines.

Developers must also present a comprehensive plan detailing how their project meets program requirements.

How to Apply for the CMHC MLI Select Program

1. Assess Your Project Goals:
   Determine how your development aligns with the program’s focus on affordability, accessibility, and sustainability.
2. Work with CMHC-Approved Lenders:
   Select a lender familiar with the program to streamline the application process.
3. Partner with Experts:
   Consult with real estate professionals and sustainability advisors to strengthen your proposal and maximize your project’s potential.

Why the CMHC MLI Select Program Matters

For developers and property investors, the MLI Select Program represents a unique opportunity to align business goals with social impact. By focusing on creating housing solutions that are affordable, inclusive, and environmentally conscious, you can contribute to a more sustainable future while benefiting from attractive financing options.

Conclusion

The CMHC MLI Select Program is a forward-thinking initiative that supports developers in addressing Canada’s housing challenges. Whether you’re a seasoned investor or new to multi-unit residential projects, this program offers the tools and incentives to succeed while making a positive community impact.

At PreConCentral.com, we connect you with the latest news, resources, and opportunities in Canada’s pre-construction market. Subscribe today to stay informed about game-changing programs like the MLI Select and take the next step in your real estate journey!

The post What is the CMHC MLI Select Program? A Game-Changer for Affordable and Sustainable Housing appeared first on Preconcentral.com | New Pre-Construction Homes & Condos for Sale from Toronto's Top Home Developers & Builders.

 New Home Builder Incentives: Exclusive Pricing at Empire Canals (Limited Time)!

DON’T MISS YOUR CHANCE!

* For A Limited Time *
PRECONCENTRAL IS EXTENDING OUR FAMILY & FRIENDS PRICING

NOW SELLING AT EMPIRE CANALS 

THIS IS YOUR SPECIAL OPPORTUNITY TO SAVE UP TO $12,000 *

OUR FAMILY & FRIEND PRICES START AT:
Towns from $579,990
Detached from $727,990

PLUS AS A BONUS, YOU WILL ALSO RECEIVE THE FOLLOWING CANALS WEST PHASE 1 INCENTIVES:   

$5,000 in Décor Dollars

5 Appliances

Free Assignment- Valued at $10,000

Extended Deposit Structure over 365 Days (See pricelist for details)

Closings starting July 2025

$7500 Capping

We are now selling the newest phase of homes at Empire Canals. Don’t miss your chance to take advantage of our Family & Friends pricing, appoints available on weekends. Call Sales Representative Sean Findlay at 905-450-8300 for availability.

EXTENDED DEPOSITS 
FOR 2025 CLOSINGS:

$10,000 w/offer
$10,000 in 30 days
$10,000 in 60 days
$10,000 in 90 days
$10,000 in 180 days
Balance of 10% 365 days

FOR THIS WEEKEND ONLY:
Family & Friends Pricing
$10,000 OFF VILLAGE TOWNS
$12,000 OFF 27′ DETACHED

For More Details Email [email protected] or Call Sales Representative Sean Findlay at 905-450-8300

The post New Home Builder Incentives: Exclusive Pricing at Empire Canals for a Limited Time! appeared first on Preconcentral.com | New Pre-Construction Homes & Condos for Sale from Toronto's Top Home Developers & Builders.