Ontario condo developer suddenly cancels years-long sales deal — unless buyers pay $100K more

Soraya Palma

Dozens of people who’ve invested in 70 condo units in Barrie, Ont. between 2017 and 2020 have been told by Pace Developments to walk away with their deposits or buy back in for $100,000 more. ‘I feel completely screwed over,’ says one first-time home buyer. But experts say the move is most likely legal.

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