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.

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.