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  #11  
Old Posted Sep 5, 2013, 1:18 PM
YOWetal YOWetal is offline
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Join Date: Oct 2006
Posts: 7,594
Quote:
Originally Posted by Boxster View Post
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.
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