Ideal (BC) Developments Inc. will have to pay $150,000 to unsuspecting purchasers who lost their deposits in the builder's illegal sales.
A Toronto -area development company has been convicted of illegally selling new homes and will have to pay restitution to nearly a dozen buyers who lost their deposits in the shady deal. Ideal (BC) Developments Inc. has pled guilty to selling 10 new homes in Richmond Hill without a licence and without enrolling them in the Tarion warranty program. The company's officer and director, Shajiraj Nadarajalingam, is also the sole shareholder of several other Ideal Developments Inc. entities.
Ideal (BC) illegally took in hundreds of thousands of dollars worth of deposits from unsuspecting purchasers
Toronto Development Company Illegal Sales Restitution Deposits Ideal Developments Inc.
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