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taly

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10/28/2016
Topic:
Can occupancy dates be delayed indefinitely?

taly
taly
As we arrived in Toronto, finding a permanent place to live was one of our first priorities.
We found a good a deal on price and location, but there was a catch. The occupancy date was not for another 2 months, as the building was still under construction.

We accepted that fact and found a temporary apartment.
It would be only 3 months, which was ok to wait.

We did ask at the time "what if construction is delayed", which was met with a "we'll put you on a temporary apartment managed by our company until construction is finally finished".
That was very encouraging, as it allowed us to plan and lease an apartment for only 3 months and then either be moving to the permanent one or, worst case scenario, move to another temp, arranged by the corporation managing construction.

Since then, the occupancy date has been rescheduled 3 times already, with the current estimate being about 5 months later than the original date agreed upon.
The "we'll take care of you promise" hasn't been honoured because notice of delay has been given 60 days in advance (which didn't help us much, as we still needed to prolong or month-by-month lease, which ends up being more expensive than a long term lease).

Per Ontario and Toronto regulations, can the occupancy date be pushed indefinitely with no penalty to the group managing the property?
Are really our only options to either wait or give up on the apartment?
11/1/2016
Topic:
Can occupancy dates be delayed indefinitely?

taly
taly
Hi Anna.

Thanks for the response.
If I understand correctly, though, those rules apply when purchasing an apartment. Would they hold true for renting as well?

Thanks and Regards,
Taly
1