A carpenter with experience as a real estate agent, he agreed more than five years ago to buy a pre-construction condo in Vaughan, Ont., for $675,000. Toronto condo prices have plummeted since a peak in early 2022. "You also need the builder's permission when you're assigning," said real estate lawyer Gathya Manoharan. She says only one buyer has successfully assigned a pre-construction condo purchase to another buyer out of the many clients she's seen. She has only seen one of her clients successfully assign their pre-construction purchase to someone else.

Source: CBC News February 25, 2026 09:03 UTC