Not for 500 St Clair purchasers. Some of us escaped paying the exorbitant charges on this by virtue of a cap imposed by our lawyers; others were not so lucky. The Developer was less than transparent on this matter.
By the way, quality of workmanship at 500 is sloppy at best; the building...
Not sure how you would quantify "huge". The previous development was definitely larger than this one - exceeded the density by 60% or so. But it also had far more expansive & impressive facilities and services. In relative terms, it was a better run operation right at the outset. I think it is...
Pursuant to yesterday's meeting, I think we definitely need to look at the expenses that our maintenance fees are supposed to be covering. In my previous condo, which had also been a new construction, we had a Full Time On Site property manager AND admin assistant, 24 hour concierge, a full time...
Hi Stella,
I saw the note to which you refer! When I inquired about it with the concierge, he said it was just "some juvenile 30yr old" and then he proceeded to scratch off the writing.
I have had many many issues with my unit - items since the PDI that the Builder has not even come in to...
Gym is not ready yet....
Closing has not yet occurred. Although the builder refers to it as "final closing", it is actually the interim closing. The final closing as we think of it is the "unit transfer" (and will happen after the building is registered). And.......the unit transfer is expected...
PDI - Take your time - don't be rushed and know that probably 75% of the stuff will not be done by the time you move in. I would recommend you hang around for a few days and nag the builder and construction folks to get your stuff done otherwise...good luck.
Looks like there is only one...
Update: I spoke with the Builder....in large part this increase is due to the HST - so we have McGuinty to thank for it. It's still way too much. Hopefully, when the new board is formed, they will look at some cost cutting measures.
I heard from my lawyer; they have received the interim occupancy figures and the maintenance fee in there is almost 20% more than what was in the disclosure. Apparently, there is no recourse - the builder can do this and get away with it.
Substantial increase in maintenance fees?
I just learned that there is an increase of nearly 20% in maintenance fees for my unit since the last set of figures were published in the disclosure documents. I understand those numbers are an approximate and the Builder has a fair bit of wiggle room...