Brampton
Industry
Chacon Developments Facing 4 Receiverships, Power Of Sales In Ontario
Chacon Developments is currently facing two receiverships and two of its other properties have been made available via power of sale.
Nov 18, 2024
Listed Commercial
Brampton, Caledon Development Lands In Receivership Listed By JLL, RE/MAX
The lands were placed under receivership on June 26 amid allegations that the site owner was indebted to its senior secured lenders in the ballpark of $90M.
Development Projects
Innovation And Value Abound At Arbor West in Brampton
As conversations around affordability and calls for innovative housing solutions continue to swirl, Caivan's newest launch at Arbor West is answering the call.
Commercial
Site Of Planned Brampton Retirement Community Hits The Market For $14.3M
The shovel-ready site was set to accommodate an $80M project that broke ground in 2022.
Tudor-Style North Saanich Estate In BC Hits Market For $2.4M
The beautiful home sits at 1345 Readings Drive in North Saanich, located on Vancouver Island in British Columbia.
Renting
Brampton Announces Fines Up To $1,200 For Unlicensed Landlords
Landlords that fail to comply with the city’s rental licensing pilot will face a $600 fine for first offences, a $900 fine for second offences, and a $1,200 fine for third and subsequent offences.
Industry
Receiver Appointed Over Brampton, Caledon Development Lands As Lenders Allege $90M Debt
The receivership order extends over development lands in Brampton set to accomodate over 2,000 new residential units in townhomes, single-family homes, and mid- and high-rise apartments.
Industry
CBRE Proposed To Broker Sale Of Brampton Development Site In Receivership
Four months after receivership was granted, the receiver has filed a motion record that, in part, is seeking approval to begin the marketing and sales process for the property, which is poised to accommodate three residential towers.
Renting
City Of Brampton Relaunches Contentious Landlord Licensing Pilot
The City says that landlords are no longer required to provide proof of ownership, a criminal record check, detailed parking, storage, and floor plans, or proof of electrical and gas inspections when registering their rental units.
Renting
Brampton Looking At Steeper Fines, LTB Exemptions For Landlord Licensing Pilot
City staff say they are now aiming to resume the Residential Rental Licensing pilot in early April.
Policy
Province Awards $25.5M To Brampton For Reaching 85% Of Housing Target
“These funds can be used by the city for infrastructure projects that lay the groundwork for more housing and community development,” Premier Ford said at a press conference on Friday morning.
Renting
Brampton To Resume Landlord Licensing Pilot In March Despite Public Outcry
City of Brampton staff have said that they intend to relaunch the hotly contested Residential Rental Licensing pilot program with new and clarified parameters next month.
Industry
3-Tower Project In Brampton Under Receivership Over $10M Vendor Take-Back Mortgage
Court documents show that the debtor failed to cough up a $400,000 interest payment to Homedale-Eagle Corporation that was due on November 2, 2023, and has been in default of the loan ever since.
Renting
Brampton Pauses Landlord Licensing Program Just Weeks After Its Launch
An update posted to the City of Brampton website says that the Residential Rental Licensing pilot program that went into effect on January 1 has been “paused temporarily.”
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