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Toronto Real Estate | Rental Market is on Fire

October 15, 2018

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Cosmos Condos: Developer Pulls out!

April 11, 2018

Well last week one of Toronto's top developers, Liberty Development, officially pulled out of their highly anticipated, Cosmos Condos.  Leaving 1100 investors and home buyers with nothing but their original deposits.  

 

This is an upward trend in the last 12 months as this marks the 11th project to do so.  Where normally under 5 projects are cancelled throughout the year.  Why is this happening?  Might it be due to the jump in condo pricing 20-40% in the last 2 years?  

 

Check out what Michael has to say here:

 

 

 

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