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Ontario Mondria Condos Under Receivership After $14M Water Damage Incident
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Ontario Mondria Condos Under Receivership After $14M Water Damage Incident
The Mondria 1 condo project in Clarington, Ontario was placed under receivership over the summer, according to filings in Ontario Superior Court, and the series of events that resulted in the receivership is more unique than most.The project is located at 1607 King Street East and was being developed by Toronto-based Monde Development Group, which was developing a six-storey condo building with 89 units. The property, which was formerly occupied…
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