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Stories Tagged - Presale

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July 03, 2019 | Gerald Vander Pyl

While condo project cancellations in Calgary are extremely rare, buyers still need to do their homework

It seems that every few months, a new story emerges from hot real estate markets like Toronto about a condo project being cancelled, leaving those who bought presale units scrambling to recovery their money and find another place to call home.

But what's the situation in Calgary, and what recourse do buyers here have if a project they've purchased in is cancelled?


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