It's a little early to be so certain about the date - a lot - or the opposite - can happen in 10 months - to change the closing. The builder has certain time-frames to keep you informed of course. From CondoPundit.com:
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The builder is permitted to extend the occupancy date of a purchaser’s condominium unit if the purchaser receives proper written notice of the extension. However, if the purchaser is not properly notified of a delay to the confirmed occupancy date, they are entitled to seek compensation under the terms of the Ontario New Home Warranties Plan Act.
MAXIMUM NO. OF DAYS FOR OCCUPANCY DELAY:
The builder can delay occupancy of a new condominium unit for up to 5 days without giving notice or compensation. Also, compensation will not be paid for delays caused by events beyond the builder’s control, such as strikes or floods, or for delays which the purchaser causes.
Every purchase agreement for a condominium unit will include either a confirmed “occupancy date” or a “tentative occupancy date”. For the latter, the builder is required to inform the purchaser in writing of the confirmed occupancy date no later than 30 days after the roof assembly is completed (or another specific stage of construction as specified in the purchase agreement). If the purchaser is not given notice of the confirmed occupancy date 90 days before the tentative occupancy date, then the tentative date automatically becomes the confirmed date for the purpose of calculating compensation for the delay.
Once the confirmed occupancy date is established, the builder is allowed to extend it once by up to 120 days. In this situation, the builder must give the purchaser at least 65 days written notice. The builder can also extend the date by up to 15 days if they give the purchaser at least 35 days written notice. The builder is permitted to use both of these extensions as long as they give required notices and the total of the two extensions does not exceed 135 days.
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