Worried preconstruction homebuyers test their options

by Carolyn Ireland

Condominiums facing construction elevators attached to the side of a condominium under construction on Mutual St., on Aug 29.

Some real estate buyers who purchased condo units and houses in the preconstruction market are becoming increasingly anxious about their financial obligations once the home is ready for its first occupants.

Zuzana Misik, real estate agent with Harvey Kalles Real Estate Ltd., recently posted a video on Instagram in which she says an original purchaser under duress is trying to find someone to take over the agreement to purchase a condo unit north of Yorkdale Shopping Centre.

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