The Livabl forums are closed to new posts and replies.
Read more about this here.
 
Change Location
 
EDWARD ZUO
NewBee
reply 1
 

Park avenue homes the queensway keswick phase 2 buyers!

I'm a purchaser of phase 2 of The Queensway in Keswick by Park Avenue Home. Their address is 2 Farr Ave , Sharon Ontario.
I purchase the detached house in February 2016, at a price of approx $700k, hoping to move in to this brand new house with growing family with new born twins when it's complete. After one year , in march 2017. Developers lawyer Jayson Schwartz sent me an email letting me know the developer is terminating the contract due to not  being able to meet their target date in the contract. 

The market price of the house went up for at least 30% since the day I purchased the house. Now They are terminating the deal and my family is not able to afford a similar house anywhere in the GTA anymore.  The developer simply 'borrowed' our money for other use for a year and now saying sorry too bad. And they are advertising on the website that they will be selling phase 3 in the queensway. 

I just want a comfortable house to stay with my family. But if that doesn't happen, I am going to gather other buyers info to start a litigation lawsuit, so this developer won't be able to keep taking advantage of future home buyers, please let me know if you have other buyers for this development contacted you, I would love to discuss with them regarding further action
3
Ontario / New Home Q&A
 
 
 
LAN MI
NewBee
reply 1 vote 1
 
 
1 BEST REPLY
Two friends and I bought three houses together. Sent you a message and let see if there is anything we can do to define our right.
 
 
 
CHEECH LOU
NewBee
reply 1
 
 
In the same boat with with a young family, priced out, no explanation given. Will be pursuing action and won't sit by to allow this.

Sent you a message and know of others in the same situation.
 
 
ELSIE YOUNG
NewBee
reply 1
 
 
May I ask what is the status of your case now? Have the builder given a good reason for terminating the contract by the end? Do you know if they are really selling the phase 3 or not?
If you heard about the news of "The Kennedy's Condo" recently, just let you know I'm one of the buyer of one unit and feel so helpless right now. 
Appreciate if any of you will reply me. Thanks
 
 
 
Follow

Search

Search Conversations:

 

Check These Out

Ingram Village, House

Ingram Village

www.itsjustabetterhouse...

House

501 Jenny St Ellendale Delaware

From $329,900 To over $503,900

 
The Peninsula, House

The Peninsula

www.itsjustabetterhouse...

House

27504 S Nicklaus Ave Millsboro Delaware

From $646,900 To over $1,002,900