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Toronto Condo Law – The Condo Uprise

June 14, 2012 by  
Filed under Special Features

The Condo UpriseThe condominium scene has exploded: There are roughly 525,000 units housing over one million residents in Ontario, and that number is on the rise. The concrete jungle grows thick with these popular homes, reshaping the city skyline and how urbanites experience the metropolitan milieu. This chain reaction has also sparked here in Vaughan, where new developments are breaking ground across the city.

But while projects rush upwards, and eager townies flock, complications emerge. “Right now, there are few consumer protections in place for condominiums, especially when it comes to preconstruction,” says Todd Hofley, a condo owner and president of the Liberty Village Residents’ Association. He explains how many residents are forced to move into buildings with unfinished corridors, accept substituted features of equivalent value and wait years for Read more