News   Dec 20, 2024
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    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I think Vandyk won’t provide interest on our deposit. Since our funds are with Trustee, interest would be accumulated on our funds. Also inread the contract. They have to return our deposit with interest compounded. But did nt mention about rate.
  2. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    Others can also talk to Global and mail. You can email your concerns, he would call you. Shane Dingman I Reporter p: 416.585.5230 I e: sdingman@globeandmail.com
  3. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I did. I think they are doing research on all of their projects. Let’s c what will they report.
  4. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I won’t. But I don’t think they would compete the project.
  5. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    They would amend the prices for our initial phases. I could not find a scenario, they could complete project with 2017/18 price.
  6. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    Check out the availability, they only released few units. I think, simply to create demand.
  7. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    is this a joke???? 3 bed staked town house for $1.2 million. I feel really sorry for those who booked that unit. Between we need to be sorry for ourselves :)
  8. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    But they released only few units for phase 3/4. I have enrolled for those phases, just to check. It seems like they sold only around 30 to 50 units. But they might hold the units just to create demand, only God and Vandyk know.
  9. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    That is the problem here. Builders are having upper hand . It seems like they are not obliged to answer anything till their critcal dates. And after that they would blame this 'Global Circumstances' and cancel the project. Even if it would be due to these Global circumstances, why didnt they...
  10. S

    Toronto Grand Central Mimico: The Buckingham | 122.85m | 37s | VANDYK | Kohn

    https://www.cbc.ca/news/canada/toronto/preconstruction-project-delay-brampton-1.7000430 Article about Brampton Townhome project by the same developer (Vandyk Properties). Now they have so much debt and lawsuits against the project
  11. S

    Toronto Grand Central Mimico | ?m | 37s | VANDYK | Kohn

    https://www.cbc.ca/news/canada/toronto/preconstruction-project-delay-brampton-1.7000430 Article about Brampton Townhome project by the same developer (Vandyk Properties). Now they have so much debt and lawsuits against the project
  12. S

    Toronto Backyard Neighbourhood Condos | 24.99m | 10s | Empire | Kohn

    https://www.cbc.ca/news/canada/toronto/preconstruction-project-delay-brampton-1.7000430 Article about Brampton Townhome project by the same developer (Vandyk Properties). Now they have so much debt and lawsuits against the project
  13. S

    Toronto 39 Newcastle | 119.3m | 36s | VANDYK | SvN

    https://www.cbc.ca/news/canada/toronto/preconstruction-project-delay-brampton-1.7000430 Article about Brampton Townhome project by the same developer (Vandyk Properties). Now they have so much debt and lawsuits against the project
  14. S

    Toronto 327 Royal York Road | 118.5m | 35s | VANDYK | SvN

    https://www.cbc.ca/news/canada/toronto/preconstruction-project-delay-brampton-1.7000430
  15. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I have requested them if they could dig deeper on following. Let's wait and see, if we get some answers. 1. With so much problem in the development site, how could they get permit to build on the site? 2. I am following their other online threads as well. It seems like their Grand central...
  16. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    Nope. But I have hope our deposits would be safe. As they could not access it before delivery. Now the question is when we would get that back?
  17. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I understand your feeling. We are all in the same boat. Now our objective is not to get empathy from public or Vandyk. I won't be helpful at all. Our next step would be to get our down payment with some interest. We have lost so much opportunity cost already. Atleast we need to expose true...
  18. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    I talk to CBC today. I shared my experience with them. There is nothing wrong with flippers, greedy investors, normal investors, renters and First time home buyers. Everyone took their own level of risk with their hard earned money. But some people like Vandyk is exploiting those people...
  19. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    Also I don’t know how could they get 200 mil, as total value of the project is not more 200 mil. Which dumb a** bank gave them that much loan. So all fault and negligence are on builder and banks. And commmon people has to pay for their greed.
  20. S

    Brampton UPtowns at Heart Lake | ?m | 4s | VANDYK

    Yes, they borrow against those monies. But when the money is with trustee, those are not their money, right? How could they touch those money in case of bankruptcy? When those are technically not their money. Those are all questions for lawyers. But I am wondering.

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