PICTURES
PICTURES
Building sold to Akelius Canada Ltd. August 10, 2015
Building sold to Akelius Canada Ltd. August 10, 2015
The building built in 1956, Advertised Rents up until the day Akelius took possession. 59 Years to achieve these rents. Bachelor $1050. One Bedroom $1200. Two Bedrooms $1600. per month.
Akelius current asking rents listed on the website. 4 years to achieve these rents. Bachelor $1650. to $1725. One Bedroom $1975. to $2300. Two Bedrooms $2400. to $2700.
BUILDING PERMITS: ORDER TO COMPLY BY THE CITY OF TORONTO - BY THE TIME THIS HAPPENED AKELIUS ALREADY HAD PERFORMED RENOVATIONS ON OVER 70 APARTMENTS - NO RENOVATION PERMITS - NO ELECTRICAL PERMITS - NO PLUMBING PERMITS - NOW WE HAVE PLUMBING PROBLEMS, NEW DRYERS NOT FUNCTIONING PROPERLY BECAUSE THEY WEREN'T INSTALLED CORRECTLY FOLLOWING THE MANUFACTURERS RECOMMENDATIONS.
EXAMPLE OF WORK BEING PERFORMED WITHOUT PERMITS UNTIL CITY PUT A STOP TO IT. WHAT ABOUT THE WORK ON APARTMENT UNITS WITHOUT PERMITS? WHY HASN'T THE CITY COLLECTED OUTSTANDING FEES ASSOCIATED WITH BUILDING PERMITS?
EXAMPLE OF WORK BEING PERFORMED WITHOUT PERMITS UNTIL CITY PUT A STOP TO IT. WHAT ABOUT THE WORK ON APARTMENT UNITS WITHOUT PERMITS? WHY HASN'T THE CITY COLLECTED OUTSTANDING FEES ASSOCIATED WITH BUILDING PERMITS?
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