Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
The HCRA has revealed that Christopher Lamb and his former company Novel Condominiums “have been found guilty of 26 charges of selling new homes illegally,” and as a result, have been hit with a $150,000 fine.A St. Catharines-based development company is — once again — in hot water with the Home Construction Regulatory Authority after an investigation revealed that the company was engaged in “illegal and unethical conduct.
“The convictions are a result of the HCRA’s investigation which revealed they had illegally entered into 26 Agreements of Purchase and Sale with new home buyers,” the provincial regulator also said. “No one is permitted to take a shortcut or skirt around the rules. If you want to sell new homes in Ontario, you must be licensed by the HCRA and meet our professional standards and expectations,” Moir added.
At that time, the HCRA also said that they had issued Notice of Proposal to refuse licence renewal for Novel and for Growth Social House Inc., which Lamb had a 100% share interest in. This was only the second set of charges laid by the HCRA after the regulator’s initial launch in February 2021.The forthcoming master-plan community will comprise of four towers, and will jointly bring 2,364 new residential units to the site on Eglinton Avenue.
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