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Hai Loc
  • Specialist
  • Toronto, Ontario
891
Votes |
2,285
Posts

Toronto Condo Projects went into receivership

Hai Loc
  • Specialist
  • Toronto, Ontario
Posted

https://www.livabl.com/2020/03...

Hundreds of deposits in jeopardy.. 

Rising costs depleted all margins..

Going to be a domino effect with other newer projects 

Only the "Bigger" and deeper pockets will survive..

Might see a plethora of inventory for Toronto condo assignments..

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