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Category: Canadian Entitlements

What Happens When a Condo Goes Bankrupt in Canada: A Warning for Buyers During Market Downturns – November 13, 2025

Posted on November 13, 2025 by RichInWriters

Learn what happens when a condo corporation goes bankrupt in Canada. Using Toronto as an example, this article explains how entire condo buildings can be sold for pennies on the dollar, leaving owners with no home and still owing their mortgages.

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