In its first-ever license revocation, the Home Construction Regulatory Authority has taken action against Albion Building Consultant Inc. hcraontario | realestate realestatenews Ontario
To protect existing homebuyers, the HCRA will permit Albion to complete homes that are already under construction. Upon their completion, or one year after the appeal tribunal’s decision, whichever is first, the company’s licence will be “immediately” revoked., Albion will only be permitted to build and sell six homes, all of which are located in Scarborough: 150 Warden Avenue, 57A Jeavons Avenue, 57B Jeavons Avenue, 13 Queensbury Avenue, 15 Queensbury Avenue, and 92B Sharpe Street.
In an emailed statement to STOREYS, Hossain admitted that Albion “failed to enrol a few houses,” but that their actions were due to Tarion being unable to give them “enough houses to build.”
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