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All the interiors of the building, except the area where "Haven Developments" office is are empty and look unfinished, no commerce other than a Tim Hortons is on the place. Add their cancellation of the 625BV condo and that company looks as solid as a sand castle.

https://www.tarion.com/homeowners/making-purchase/condominium-cancellations That will be extremely bad, based on Tarion, they are supposed to start returning funds within 10 days.

Has anyone received news about when they will return the deposits? I think the Condominium Act sets a max of 10 days for the money to be returned, that will be this coming Friday. Dont know if thats accurate.

Anyone copy+pasting what the article says? Im not a G&M Subscriber.

Delayed and ugly. Same developer just bailed out on their "boutique" SIX25BV condo on North York after holding deposits for 3 years.

Nothing, location and price is hard to get anything affordable. 3 years wasted. Time to warn everyone about the company on any of their projects.

Hopefully they lost some money on the process, including real estate agent commissions, taxes, lawyers fees etc. Im certain they will come back to attempt to build on the same place, different design and name. The local government needs to make sure they suffer a bit cause of their games. It...

It sounds more like an attempt to get as many units as possible back and re-sale them to current prices. The first time they offer this was when they changed the date to 2022, on that moment there were no offerings to pay interest (not builder's fault as per contract). Now they are doing it...