Faq

Frequently Asked Questions

Can I privately purchase a Lot / Estate Lot or do I need to purchase through a builder?

All estate lots by TCG Developments are open to the public, which means you can purchase them directly from us and then bring in the builder of your choice to complete your home. Once you have finalized your contract to build through them, they will purchase the lot on your behalf.

Can I challenge a Lot that is already on hold?

Yes. To challenge a hold, you must execute a purchase agreement on that lot and provide a 15% deposit cheque. At that point we will give the individual with the existing hold 48 hours notice to either provide us with a 15% deposit cheque and enter into a Purchase Agreement or lose the hold. Once you challenge a hold, if the original party does not exercise their first right of refusal, your Agreement and deposit will become a binding sale.

If the lot I want is owned by a builder, can I purchase it from them?

We do not allow 3rd party sales from our builders in TCG Developments, so you are unable to purchase a lot currently owned by a builder unless they are also building your home for you.

Do I have a time limit in which I must finish building?

The purchase agreements specifies that building must commence one year from the purchase. If a purchaser continues to maintain their lot from weeds, garbage, and other dumping, we are fine extending that timeframe until the purchaser is ready to build. However, we intentionally keep that clause in our purchase agreement as a means to take legal action if someone is not building on their lot and also not maintaining it. In a situation such as that, we will use the proceeds of your deposit to clean up your lot for you, and then proceed with further legal action once those funds are “used up”.

What restrictions are there on building a house?

When purchasing a lot, it is important to first recognize the approved zoning of that lot, and then read the corresponding requirements in Cold LakeLand Use Bylaw. In addition to those requirements, our subdivisions have architectural controls that outline the requirements for house size, exterior treatments, choices available for private fencing, and allowable front/side landscaping.

Can I privately purchase a Lot or do I need to purchase through a builder?

All estate lots in Southfort Meadows are open to the public, which means you can purchase them directly from us and then bring in the builder of your choice to complete your home. For the larger single family lots, purchasers must choose between our 3 show home builders: Landover Homes, Stoneridge Homes, & Victory Homes. Once you have finalized your contract to build through them, they will purchase the lot on your behalf.

Do I have a time limit in which I must finish building?

Can I challenge a Lot that is already on hold?

How do I put an Estate Lot on hold?

What restrictions are there on building a house?

When purchasing a lot, it is important to first recognize the approved zoning of that lot, and then read the corresponding requirements in Fort Saskatchewan’s Land Use Bylaw. You can access this online at: Residential Land Use Districts. In addition to those requirements, our subdivisions have architectural controls that outline the requirements for house size, exterior treatments, choices available for private fencing, and allowable front/side landscaping. You can view this document by going to the LOT MAPS section and clicking on the button beside the stage map labeled “download architectural controls”.

If the lot I want is owned by a builder, can I purchase it from them?

We do not allow 3rd party sales from our builders in Southfort Meadows, so you are unable to purchase a lot currently owned by a builder unless they are also building your home for you.