Self made Real estate developer in the Greater Toronto Area. I work for a living & have a passion for building great neighborhoods/projects
Apr 6, 2023 • 15 tweets • 5 min read
A builder with a presold site for almost 150 homes in York Region is now confidentially selling the site & all 150 homebuyers will get deposits refunded & agreements cancelled. Pretty sure they were “reservation agreements” so they have zero legal value. I have warned about such… twitter.com/i/web/status/1…
Update on this developing story - this builder is now selling 4-5 sites, each with 150-300 presold/reserved homes. If one looks back at my tweets from one year ago, I had actually identified the builder and described exactly what’s unfolding now. Spoke to journos and regulators… twitter.com/i/web/status/1…