Quote:
Originally Posted by Boxster
Yes they appear to still own at least 9 units which is part of the problem as the owner (Canril or related Co.) cannot afford to carry those units for much longer (taxes, condo fees, interest, etc...) I presume. In addition, the commercial space is not 100% leased.
|
Problem for the developer, but good news for the condo corp as it will make it easy (er) to collect the judgement.