Toronto Waterworks Building Redevelopment | 47.55m | 13s | MOD Developments | Diamond Schmitt

Aug 24, 2021

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It's at that "almost finished but there still needs to be a lot of work done" stage.
 
What are the requirements for registration? Exterior to be complete? City inspections? I assume everything is delayed due to remote working and the backlog with the city approval process?
 
What are the requirements for registration? Exterior to be complete? City inspections? I assume everything is delayed due to remote working and the backlog with the city approval process?
I'm not sure about registration of the condo, but all condo developments I am aware of get "occupancy permits", often as much as 1 year or more prior to condo registration and therefore ability to transfer title to purchaser of the condo. In the meantime the purchaser is responsible for the occupancy fees, which include estimated interest, property taxes, maintenance fees, concierge etc., as soon as the purchaser is advised that the condo can be occupied. The lower levels get occupancy permits soonest and therefore pay occupancy fees for a longer period than the units above them.
 
I'm not sure about registration of the condo, but all condo developments I am aware of get "occupancy permits", often as much as 1 year or more prior to condo registration and therefore ability to transfer title to purchaser of the condo. In the meantime the purchaser is responsible for the occupancy fees, which include estimated interest, property taxes, maintenance fees, concierge etc., as soon as the purchaser is advised that the condo can be occupied. The lower levels get occupancy permits soonest and therefore pay occupancy fees for a longer period than the units above them.
Thank you, yes I understand this. But I'd love to know why some condos register in 2 weeks vs. 1+ years after initial occupancy.
 
So what’s the deal with Toronto parks and those plastic blue bins! I wish we could have some European style underground bins that get collected by trucks once every few weeks.

Agreed, they are terrible. A few years back the responsibility for garbage collection was moved from the Parks & Recreation to Solid Waste Management, and with it, those ugly bins arrived. It's a slap in the face, especially to newly revitalized parks with great design elements.
 

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