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Condo act needs a reno: NDP
Flooded. Street
Latest changes came in 1998, MPP says Don’t reflect conditions since building boom
A bicyclist makes his way past a stranded taxi on a ooded New York City street as Tropical Storm Irene passes through the area yesterday. PETER MORGAN/THE ASSOCIATED PRESS
Irene still poses a threat to Canada Hurricane Irene was downgraded to a tropical storm yesterday, but forecasters warned the massive storm will still have the potential to cause flooding and wind damage by the time it reaches Eastern Canada. More than 100 flights at Toronto’s Pearson International Airport have been cancelled because of the storm, including flights departing to and arriving from New York, Washington, Philadelphia and Boston. For more on the storm, see page 8.
Tom Smeraldo and Emilio Ojeda walked into their new Cabbagetown-area condo, took one look at their view (a brick wall), balcony (more of a ledge), and hardwood floors (actually laminate) and phoned their lawyer. “We were so disappointed. We just wanted out of the deal,� said Smeraldo. They couldn’t. Not unless they wanted to lose the tens of thousands in deposits. Instead, the couple set out on a three-year battle with the builder over what they say are broken promises and unfixed deficiencies. Theirs is a buyer beware cautionary tale. As of December, there were about 264,000 condo units in the region. Despite the considerable size and affluence associated with
‘Condo underworld’ Boom Toronto’s development boom has lead to a “condo underworld,� said NDP MPP Rosario Marchese, where buyers are unable to take on rich developers.
the demographic, it’s a vulnerable segment of the population, says NDP MPP Rosario Marchese. The NDP has vowed to tackle condominium act reform if elected this fall. “If a renter has a problem with the owner of that building they’re able to go to renter’s tribunal, pay a $25 fee and defend themselves. If you’ve got a problem as a condo owner, where do you go? A lawyer. That’s the problem.� TORSTAR NEWS SERVICE