CN Tower
Banned
That's nice but, we don't live in a perfect world and I'm assuming that you can totally guarantee if there were a large shift in the Toronto condo market that those units that "ARE SOLD" will actually close. Can you????
Mac, let's be fair. Every single one of those units has a minimum 15% non-refundable deposit, a mortgage approved buyer with an Ontario driver's license and full recourse to the developer to close. That's a pretty strong deal. Not sure what more you would want from a pre-construction industry. Your comments lead towards extreme pessimism in my opinion.
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