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Here is what Tyler Hershberg, the guy who runs BSAR is all about: http://www.excal.on.ca/schulich-prof-implicated-in-evictions-in-low-income-neighborhood/

The builder would not negotiate any caps. I should've taken this as the first sign but at that time I had just started investing in real estate and did not have many issues with developers. This building was delayed over 2.5 years from its original closing date. The builder charged in excess of...

@uto123 in last 9-10 years of my investment career in real estate. I have to say that Bsar is the only builder that I would not buy another property from. They are very unreasonable, they will charge crazy amount of development levies and other "fees" at the time of closing. Here is a little...

I have just PMd you. I am also investigating the options. Lets find more people who feel they've been screwed over and collectively raise a voice against their unfair practices.

But its us, the people, that buy from these builders. I think we need to raise a voice strong enough against these builders and have the government review their practices. Change can come if we all unite and fight for it.

We have experienced very unfair practices from Bsar group. We just closed a unit at 12 degrees at Beverley and Queen. The builder charged us $2000 for 1 day extension. They have now put a lien against the property. They have charged us $36000 in unfair development levies. They are threatening to...

I just did my closing for condo at 12 degrees. I have to break it to you that this is the worst developer I have ever dealt with. He is the most unfair person. He has been charging all his purchasers ridiculous amounts of development levies and enormous amounts of extension fees.

We just did our closing for 12 degrees condo unit. The builder is a terrible person. His name is Tyler. He is charging unreasonable development levies and extension fees. He is very rude to the buyer's and has sworn at people on the phone. I have purchased many properties in the past but has not...

We have experienced very unfair practices from Bsar group. We just closed a unit at 12 degrees at Beverley and Queen. The builder charged us $2000 for 1 day extension. They have now put a lien against the property. They have charged us $36000 in unfair development levies. They are threatening to...

How many people from this forum have actually bought at Monde? Have most people bought 2 or 1 bedroom?

I met with Andrew Barnicke (DTZ Barnicke) one evening to discuss this project. He has about 30% stake in the project. I was initially interested mainly based on the location but as I learned more details about the project I wasn't completely convinced. I try not to let my investors get in on a...

I spoke with a lawyer and after looking at the purchase agreement and the letter of mutual release. He suggested I should find out why the interest is at 0%. According to the purchase agreement, in case of project cancellation the deposits must be returned according to Section 82.7 of...

qtpieprnsz, Please check your inbox.

I am also not signing the letter until I do some further research on the options available to me. I also urge rest of the buyer's not to sign the letters just yet. Lets explore our options first. Please consult your family/friend lawyers to get some advise and see what they suggest. I...

So is the consensus here that we will simply take our money back and do nothing about the fact that the builder's jerked us around for over 2 years and paid 0% interest at the end of it all?

Did you guys receive the money you paid or any interest on it as well?

Has anyone received any official cancellation letters yet? Does anyone know when we will be getting our money back?

dosbox, Thank you for continuing your non-sense. You are pretty stupid to say that it is foolish to expect decent customer service from a failed builder. In fact, we would expect excellent customer service and OPEN communication from a failed builder in order to maintain their integrity. If...

What you are saying makes absolutely no sense. Like all other buyers, I bought it because it was a good deal. How is poor customer service part of the risk of buying pre-construction? You are saying if people buy pre-construction they don't deserve proper customer service? And we are not even...

I didn't because it seemed like I was getting a good deal. At the time of sale they were not as unprofessional as they are now. It is not about a risk being materialized. I have taken risks before and have dealt with them if they materialized. It is the audacity of this group that I am pissed...