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Voici ce que les acheteurs ont reçu hier: A nos très chers clients, Nous sommes heureux de vous annoncer que la construction va débuter le 17 Juin 2014. Le terrain du stationnement fermera le 15 Juin, afin que la construction débute deux jours après. Nous aimerions à nouveau profiter de cette opportunité et vous remercier de votre soutien tout au long de ce processus. Vous recevrez un autre courriel sous peu vous invitant à un cocktail le 25 Aout 2014 afin de célébrer le commencement des travaux. Je reste à votre disposition pour tous renseignements additionnels. Cordialement, L’équipe TOM ________________________________________________________________________________________________________________________________________________ Dear Clients, It is with great excitement that we announce the start of construction this 17th June 2014. The parking lot has been mandated to officially shut down on June 15th, and excavation will begin within the following two days. We would like to once again take this opportunity and thank you for your continuous trust and enthusiasm throughout this process. You will shortly be receiving another email inviting you to a cocktail on August 25th celebrating the start of construction. You will also be receiving continuous updates with regards to the construction throughout the process. In the meantime, please don’t hesitate to contact us if you would like any additional information, it’ll be our pleasure to assist you. Best regards, The Tom Team

There seems to still be signs of life: A nos très chers clients, Nous aimerions tout d’abord vous remercier de votre patience et soutien tout au long de ce processus. Nous sommes très fiers de vous annoncer que nous avons reçu le permis de construction et que celle-ci débutera approximativement dans les prochains 90 jours. Nous vous aviserons ainsi de la date exacte 30 jours avant afin que vous puissiez prendre les arrangements nécessaires pour vos prochains dépôts. La livraison de l’immeuble est maintenant prévue vers la fin de l’année 2016. Nous aimerions aussi vous mentionner que nos prix seront maintenus jusqu’au début de la construction et qu’un rabais de $1,000 sera offert pour chaque référence que vous nous enverrez. N’hésitez pas à communiquer avec nous si des informations additionnelles s’avéraient nécessaires, il nous fera un plaisir d’y répondre. Cordialement, L’équipe TOM ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To Our dearest clients, First, we would like thank you for your continuous patience and support. We are very proud to announce that we have received our construction permit and plan to start in the next 90 days or so. We will advise you of the exact start date 30 days prior, as well to make arrangements for your next deposits. The expected delivery date is now planned around the end of 2016. We would also like to inform you that we will maintain our prices until the start of construction and a $1,000 credit will be credited to you for each referral. Please don’t hesitate to contact us if you require any further information and it will be our pleasure to assist you. Best Regards, The TOM team

Unfortunately, there's no real way to get the deposit back under the purchase agreement. The only real option would be to sue for it, but the project will most likely be long dead by the time it would actually go to court. I've been tempted, particularly after the saleswoman told me that they had no obligation to notify buyers of any changes to the building's plans or timetable. If not for mtlurb, I would have had no idea that they had converted the 4th and 5th floors to office space or added units to the other floors. In the meantime, buyers are stuck without being able to buy into any of the other projects that have popped up unless they're ready to pay for 2 mortgages in the event that the tower actually gets built. Tom condos made a lot more sense when it was first announced, as it had very little competition. Now though, there are no buyers willing to pay $500k+ for one of the upper level units when they can spend that money on a unit in a nicer building, albeit on a lower floor.

As someone who bought a unit on one of those lower floors and whose deposit is now stuck in limbo, I don't. There has been absolutely no communication from the developer regarding progress or delays (including changes they made to the building) and extremely unprofessional attitude from the sales team. They're not going to be attracting more buyers with the reputation they've been building... According to the developer, they're just waiting for the permit to begin construction, which permit they've been waiting for since March. I think it's quite clear that's not the real reason they haven't started the work.