EcoCite, the developer responsible for the Bank Street condos that were never finished, is now the subject of an investigation by the Tarion Warranty Corp., a company that oversees Ontario’s Home Warranties Act. The condos, which are located across the street from Lansdowne Park, were not completed due to the developer’s major financial troubles. In […]
Tag Archives: ecocite
Bank Street Condos Cancel Purchase Contracts
In an upsetting move, the Bank Street condominium project has cancelled agreements for their much-delayed eco-building. Homeowners who previously negotiated on terms, some up to five years earlier, are finding that their contracts are no longer valid. EcoCite Development, the company in charge of the venture, has some excessive financial obstacles that it is trying […]