Yamborghini
New Member
Is there anything we can do to stop this?
Five Condos (Graywood Developments, Mod Developments) - Real Estate -
- Thread starter grp
- Start date
TOinvstr
New Member
It appears that some people on here have some rather strong opinions and are quick to throw around accusations and labels but yet they clearly have no financial interests in the building, I wonder why that is?
I unlike "some" on here do own in this building. The building is actually coming along very well and the management and board seem to be doing a fine job thus far. Crime in the building is way down now since everything that happened in the fall, the Elevators are now working as regularly as in any other building, I just received my notice of change to my maintenance fees for the new fiscal year - an increase of 1.4%!! This is quite reasonable given the stated increase to the Reserve Fund of 23 % and the fact that the board/mgmt is now including a twice a year service of changing all HVAC filters and cleaning out the dryer vents for ALL units in the building.
Also, property values in the building are approaching $950/sqft (which I'm sure is partly because of the entire market in TO) and there is regular communication from management and the board as well as community events organized.
If something underhanded is going on in our building I don't see it! In fact the forums on the condos own online portal which I am privy too are not full of major complaints, they are pretty usual complaints and discussions that you would find in any other condo.
If you are not an owner or resident in the building then please take your fear mongering elsewhere. I remain confident in my investment in 5 condos.
BK.
I unlike "some" on here do own in this building. The building is actually coming along very well and the management and board seem to be doing a fine job thus far. Crime in the building is way down now since everything that happened in the fall, the Elevators are now working as regularly as in any other building, I just received my notice of change to my maintenance fees for the new fiscal year - an increase of 1.4%!! This is quite reasonable given the stated increase to the Reserve Fund of 23 % and the fact that the board/mgmt is now including a twice a year service of changing all HVAC filters and cleaning out the dryer vents for ALL units in the building.
Also, property values in the building are approaching $950/sqft (which I'm sure is partly because of the entire market in TO) and there is regular communication from management and the board as well as community events organized.
If something underhanded is going on in our building I don't see it! In fact the forums on the condos own online portal which I am privy too are not full of major complaints, they are pretty usual complaints and discussions that you would find in any other condo.
If you are not an owner or resident in the building then please take your fear mongering elsewhere. I remain confident in my investment in 5 condos.
BK.
Kenny singh
New Member
Hello
Anyone can make a board appear legitimate. If my words have no merit go speak the board at the icon where darryl and his Crownie kaive Wong was removed. Go speak to people at L tower and find out how their building is being run. Go speak to liberty village condo where darryl quit because he couldn't get anything down, go to speak to the element condo where your president Ray Blanchard and 3 of his Crownie were all successuly removed via a special requisition due to not one of them owning in the building and being discovered that they were stealing money through contracts. The most recent one I heard is they tried to get on the imperial condo board but were immediately shut down as they were recognized And the police and media were called. Why don't you speak to Ray and and ask him about the reporter trying to write a story about his gang. He and his Crownies immediately obtained lawyers. Be suspicious of all contracts and thoroughly investigate. Watch out for energy consultants such as darryl McGregor who will promised savings if x and y are done.
You have to call a requisition meeting to remove all of them and make sure you have a lawyer because even if you think you have enough votes they will manufacture proxies and if the management is in cahoots it will become more difficult.
Anyone can make a board appear legitimate. If my words have no merit go speak the board at the icon where darryl and his Crownie kaive Wong was removed. Go speak to people at L tower and find out how their building is being run. Go speak to liberty village condo where darryl quit because he couldn't get anything down, go to speak to the element condo where your president Ray Blanchard and 3 of his Crownie were all successuly removed via a special requisition due to not one of them owning in the building and being discovered that they were stealing money through contracts. The most recent one I heard is they tried to get on the imperial condo board but were immediately shut down as they were recognized And the police and media were called. Why don't you speak to Ray and and ask him about the reporter trying to write a story about his gang. He and his Crownies immediately obtained lawyers. Be suspicious of all contracts and thoroughly investigate. Watch out for energy consultants such as darryl McGregor who will promised savings if x and y are done.
You have to call a requisition meeting to remove all of them and make sure you have a lawyer because even if you think you have enough votes they will manufacture proxies and if the management is in cahoots it will become more difficult.
Shaive Dong
New Member
Hello victims of 5 St Joseph:
As an owner / resident of one of the buildings to which Kenny Singh has mentioned in his last post, I assure you that what he is saying is ABSOLUTELY TRUE!! Unfortunately, your building, like mine until recently, was hijacked by a gang of unethical thieves. They will rig elections with forged proxies and receive kickbacks through their corrupt property management buddies. Your building is just the host cell for this virus. Your building will be bled dry as routine maintenance goes undone in pursuit of inflated contracts and other financial chicanery.
Go to your next AGM! Ask questions! Review the board minutes! Organize and remove these crooks before more damage is done!
As an owner / resident of one of the buildings to which Kenny Singh has mentioned in his last post, I assure you that what he is saying is ABSOLUTELY TRUE!! Unfortunately, your building, like mine until recently, was hijacked by a gang of unethical thieves. They will rig elections with forged proxies and receive kickbacks through their corrupt property management buddies. Your building is just the host cell for this virus. Your building will be bled dry as routine maintenance goes undone in pursuit of inflated contracts and other financial chicanery.
Go to your next AGM! Ask questions! Review the board minutes! Organize and remove these crooks before more damage is done!
Shaive Dong
New Member
And here is a big story in the Globe about the Fives condo building among other buildings that this gang has targeted. You have been warned!!
https://beta.theglobeandmail.com/re...http://www.theglobeandmail.com&service=mobile
https://beta.theglobeandmail.com/re...http://www.theglobeandmail.com&service=mobile
AlvinofDiaspar
Moderator
KarmaPolice
New Member
Jen C
New Member
Residents of the building are requested to join the independently run Facebook group. The name of the page is Five Condo - 5 and 1 St Joseph Street, Toronto (TSCC 2516)
KarmaPolice
New Member
KarmaPolice
New Member
bgobgo
Active Member
I am slated to stay in a condo here using AirBnB. Just want to make sure it is permitted for this building. Thanks.