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Thanks guys for the comments! Sounds like essentially I need to sell the place (my only principal residence) first (whether it's in a few months or >a year), then crash back at my parents crib to live and then buy a bigger place (safest option). I don't plan to rent my principal residence out or change the usage of it besides living it in for personal usage with fiancee currently.
It's really the part where if we decide to sell the presale we just took possession of in a few months or a year, and then buy a bigger home for change in family purposes (eg. Kids), will that trigger CRA attention due to the short time frame. I'm not trying to "skirt" the system or trying to hold multiple homes, just want to get an understanding what options I have for planning purposes. My current place is like 600sq ft and this development delayed 1.5 year completion due to Covid - the needs have changed now as now I head into family life where I need a bigger place.
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