•   
  •   
  •   

CanadaPaying the toll: Hamilton’s Royal Connaught condo owners must pay fee to go through the lobby

21:55  03 june  2019
21:55  03 june  2019 Source:   thestar.com

Buying a condo differs from buying a co-op

Buying a condo differs from buying a co-op Is buying a condo very different from purchasing a house? How do my husband and I get the process started? Buying a condominium is a bit different from acquiring a detached or semi-detached home, so the best way to get started is to work with both a real estate salesperson who has handled similar purchases, and a lawyer who is insured to practice real estate law; they can answer your questions and help you navigate your way through the transaction. As I mentioned last week, the biggest distinction is that when you purchase a condo, you’re buying a unit within a building, and possibly also a parking space and/or a storage locker.

People who purchased a condo unit have to pay a toll to use the restored Grand Lobby , the focal point of the 1916 architectural gem. A year later she was shocked to discover that the lobby isn’t considered part of the condominium and she has to pay a fee to go through it to get to her home.

Online Fees Collection, Pay online Fee , monthly/quarterly fee collection is automated and simple using FeeGenie.We also provide customized online form for fee collection Paying the toll : Hamilton ' s Royal Connaught condo owners must pay fee to go through the lobby . theroyalconnaught.com.

Paying the toll: Hamilton’s Royal Connaught condo owners must pay fee to go through the lobby© John Rennison The Roayl Connaught lobby.

The rebirth of the historic Royal Connaught Hotel as a condominium was a major milestone on the road to downtown rejuvenation.

But who could have foreseen that folks who purchased a condo unit would have to pay a toll to use the restored Grand Lobby, the focal point of the 1916 architectural gem?

Certainly not Lynda Zugec, who moved into a one-bedroom unit at the Residences of Royal Connaught in the summer of 2017.

A year later she was shocked to discover that the lobby isn’t considered part of the condominium and she has to pay a fee to go through it to get to her home.

New Condos Are Way More Expensive Than Resale, And Now They're Risky Too

New Condos Are Way More Expensive Than Resale, And Now They're Risky Too What is it about buying a new house or condo that appeals to so many people? Is it that new-home smell? Shiny new appliances you can see your reflection in? The decreased likelihood of there being a scary old ghost living in the closet? Whatever the reasons, Canadians pay quite a premium for a brand-new home. Which these days ― given that 80 per cent of all new residential units in Canada are condos ― means a brand-new condo. According to Urbanation, a new condo in Toronto cost an average of $779 per square foot in the first quarter of this year, having surged some 50 per cent since 2016.

Paying the toll : Hamilton ' s Royal Connaught condo owners must pay fee to go through the lobby . theroyalconnaught.com. But who could have foreseen that folks who purchased a condo unit would have to pay a toll to use the restored Grand Lobby , the focal point of the 1916 architectural

The Hamilton -Halton Home Builders Association held their annual Awards of Distinction dinner last evening and Royal Connaught had the honour of taking home The Royal Connaught Brings Regal Condominiums To The Core. After many years vacant, part of Hamilton ’ s history sees a spectacular

Zugec feels she’s been misled. She says the luxurious lobby was front and centre in the purchasing sales pitch and continues to be featured prominently in material promoting the Connaught’s amenities.

“I just want what I was sold,” she says.

“The main lobby is obviously the centre of attention for the building and people were assuming that because this was part of the property … that the main lobby is part of the condo itself.”

But it isn’t. At least it’s not among the common elements such as the facade, hallways and rooftop that unit owners share.

According to a licensing agreement signed by developers Rudi Spallacci and Ted Valeri, residents have the right to use the lobby “for the purpose of ingress and egress” to get to their condo units.

Toronto Is Getting New Green Condos With Private "Micro Gardens" For Growing Food (PHOTOS)

Toronto Is Getting New Green Condos With Private These two Toronto condos are going green in the most luxurious way possible.

If your payment is received after the deadline, an extra amount equal to the initial fine may be imposed. If you have had a hearing and have received a Final Order from an administrative law judge imposing a fine, you can follow the procedure outlined above to pay the fine.

+ I want to pay a One-Time- Toll , but it’ s been more than five days since I drove. You should be receiving a Notice of Toll Evasion in the mail soon. If it was your first time driving The Toll Roads without paying , the notice will include information on how to pay the toll only (without penalties).

But they collectively have to pay about $69,000 a year for the privilege. That works out to roughly $40 a month per unit.

Zugec isn’t the only resident fuming over what she sees as a case of bait-and-switch, albeit legal.

Having seen the “beautiful” lobby splashed all over the Connaught’s marketing materials, Trevor Copp is amazed he has to pay just to walk through it.

“That’s like buying a house and then learning that the house is yours but they own the front door (and) you need to pay up every time you walk in,” Copp said by email.

The fact city council gave the first phase of the redevelopment project a $1.6 million grant only adds insult to injury for Copp.

What does Spallacci, president of Royal Connaught Inc., have to say about all this?

Who knows? Repeated calls to him and the Connaught’s communications firm were not returned.

Cameron Nolan, president of the board for Condo 1 — the first phase of the multi-tower redevelopment — says a number of residents in the 139 units are similarly upset.

2nd engineer suspended over Surrey condo that failed to meet building code

2nd engineer suspended over Surrey condo that failed to meet building code Two engineers at the helm of a single engineering firm were suspended within months of each other for their work on a condo tower in Surrey, B.C. that later failed to meet building code, CBC has learned.

When Mortgage Payments Start. The first mortgage payment is due one full month after the last day of the month in which the home purchase closed. You should have all this information in advance. Under the TILA-RESPA Integrated Disclosure rule, two forms must be provided to you three days

Paying off your mortgage provides a return on your investment that is much more reliable than anything the stock market can offer. A VA loan is a mortgage loan available through the U. S . Department of Veterans Affairs to assist service members, veterans and eligible surviving spouses.

“People who walked into the Grand Lobby and were sold on the Grand Lobby, rightly or wrongly, interpreted that the lobby would be owned by them,” he says.

Nolan says his board is reaching out to Spallacci to try to resolve the issue. “We seem to be getting a positive response around the request for dialogue but no meeting has yet been scheduled.”

Still, progress of a kind has been made. Initially, residents weren’t allowed to use the lobby for social purposes such as visiting, reading or working on a laptop. Spallacci gave permission to do so last December.

Nonetheless, those privileges can be revoked at any time. On top of that, Spallacci has the right to let other parties use the lobby while residents have to use a different entrance for a specified period of time.

Even worse, the “ingress and egress” agreement expires after 20 years, which means the lobby feasibly could be sold right out from under the residents’ feet.

How did all this come about? Disclosure statements provided by Royal Connaught Inc. to buyers in 2014 and 2016 clearly state ownership of the lobby is not part of the condominium and that rent will be charged.

Zugec alleges the documents were either “downplayed” or some owners weren’t aware of their importance. For his part, Nolan says there was clearly some confusion about what it all meant. “It’s a very complicated matter.”

It is indeed. One which brings to mind the importance of reading the fine print, even if it isn’t so very fine.

Andrew Dreschel’s commentary appears Monday, Wednesday and Friday. adreschel@thespec.com @AndrewDreschel

Read more

Victim in Flamborough single-vehicle crash died by electrocution: Hamilton police.
Based on a post-mortem examination, police say the 21-year-old driver came into contact with a live hydro line and died from electrocution after crashing his vehicle.

—   Share news in the SOC. Networks
usr: 3
This is interesting!