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  1. N

    Union Margo (Aspen Ridge) - Real Estate -

    TBH, I don't know unless people openly discuss about it.
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    Union Margo (Aspen Ridge) - Real Estate -

    Yes, and the cash offer expires in 10 days. 'Take it or leave it' situation.
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    Union Margo (Aspen Ridge) - Real Estate -

    This forum is very quite and there are no info available in the internet regarding class action lawsuit. Except 'Globe and mail' no other mainstream media brought this to light. Scary.
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    Union Margo (Aspen Ridge) - Real Estate -

    I am also interested to hear if anyone accepted.
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    Union Margo (Aspen Ridge) - Real Estate -

    I tried but they said that whatever we received in the email is the final offer for the benefits. No room for negotiation.
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    Union Margo (Aspen Ridge) - Real Estate -

    Is everyone who comment here are investors in this project? Where to find the investors details and interested personals who are willing to take it to the next steps? Is anyone aware of how 'Home Construction Regulatory Authority (HCRA)' works? They have a complaint form to start with...
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    Union Margo (Aspen Ridge) - Real Estate -

    How can we get more details on it? How can we join them?
  8. N

    Union Margo (Aspen Ridge) - Real Estate -

    From this article: According to the Housing Inspectorate, 176 agreements out of potentially 246 units planned for the building have been cancelled. Does this mean that they have not cancelled for everyone?
  9. N

    Union Margo (Aspen Ridge) - Real Estate -

    According to the Housing Inspectorate, 176 agreements out of potentially 246 units planned for the building have been cancelled. Does this mean that they have not cancelled for everyone? Source: https://canadatoday.news/on/developer-blames-city-for-cancellation-of-toronto-area-condo-206300/
  10. N

    Union Margo (Aspen Ridge) - Real Estate -

    Anyone planning for class action lawsuit? Where can we find more details about it?
  11. N

    Union Margo (Aspen Ridge) - Real Estate -

    Is anyone planning for class action law suit? How do we find more details about it? Should we take the money and move on or fight?
  12. N

    Union Margo (Aspen Ridge) - Real Estate -

    They are offering a lumpsum amount on top of the interest to avoid any potential lawsuit. Don't know if anyone is willing to move forward with a lawsuit.
  13. N

    Union Margo (Aspen Ridge) - Real Estate -

    Cash incentive offered in addition to the interest and the amount may vary on the deposit structure I guess. They offer this to save their reputation and to avoid any potential lawsuits.
  14. N

    Union Margo (Aspen Ridge) - Real Estate -

    True, I received the termination letter.
  15. N

    Union Margo (Aspen Ridge) - Real Estate -

    I don't see any favourable options for buyers on a cancelled pre construction project. Please share your thoughts.
  16. N

    Union Margo (Aspen Ridge) - Real Estate -

    Do we have any other options?
  17. N

    Union Margo (Aspen Ridge) - Real Estate -

    I received a letter from Margo saying that the project has been cancelled and the agreement has been terminated. Did anyone else received? Not sure what to do as a next steps?
  18. N

    Union Margo (Aspen Ridge) - Real Estate -

    I got a response from City of Markham saying that they are waiting for Aspen Ridge on the resubmission based on queries sent to them. Once they receive they will send it for city council review and approval. At this timepoints, it's a wait game.
  19. N

    Union Margo (Aspen Ridge) - Real Estate -

    Let's hope for the best. It's a waiting game for now. :)

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