05-10-2025, 02:19 PM
(05-10-2025, 10:10 AM)creative Wrote: There are new build condos in Toronto where a large number of buyers are unable to get mortgages and are walking away.
I think a lot of those are buyers who were planning to flip the units pre-closing and were never intending to get a mortgage, let alone living in the unit.
A real estate agent may have told them it was a risk-free investment but that really wasn't the case ...