Toronto 507 Kingston Road | 32.65m | 8s | Cannect | RAW Design

Condoman is in da house:

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Looks like they've secured financing for construction:

The View Beach Residences (Condoman Developments) | Fiera Private Debt

The eight-storey building will feature 30 units (two- and three-bedroom suites and townhouses) with oversized windows and open-air balconies and terraces. Located just steps from the boardwalk within one of Toronto’s most sought-after communities, the project will offer the best of both worlds...
www.fieraprivatedebt.com www.fieraprivatedebt.com

https://twitter.com/x/status/1370336638132445193
 
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Tporter said:
When does demo start? When it says approved?
Click to expand...
To my understanding, demos are approved separately? Which means demos could start before the building part is approved theoretically if true.
 
Tporter said:
When does demo start? When it says approved?
Click to expand...
UtakataNoAnnex said:
To my understanding, demos are approved separately? Which means demos could start before the building part is approved theoretically if true.
Click to expand...
Yes, demolition permit applications are separate from building permit applications. Demolitions can begin after they receive permission, whenever the developer is ready. That may be the day the demolition application is approved, the day after, a week after, months after… it's all up to the developer and their contractors once the approval is in hand.

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Just my annual post questioning the viability of the Condoman projects in the east end that have sold but don't have permits and haven't moved in three years. How are they able to gain construction financing and not be underwater? Post Lofts, Theo and View Residences. Would like to hear from any buyers of these on what they've heard from the builder. Sick of looking at these derelict sites.
 
Well Condoman strikes again — he’s now asking all buyers to fork over an extra 8.5% of their purchase price because he’s unprofessional and didn’t have contracts in place (despite telling many he’s been ready to build for over 6 months) — and check out the re-listed unsold units, all asking prices increased almost 40%
 
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