Toronto – Admiral’s Walk Residences Inc. and its director Sandro Sordi have been convicted for selling 80 pre-construction condominium units without being registered under the Ontario New Home Warranties Plan Act. The company was fined $50,000 by the Ontario Court of Justice.
An investigation was first launched in 2017 when Tarion was alerted that Admiral’s Walk Residences Inc. was marketing new condominium units at 1106 and 1110 King Street West in Kingston.
Under the Ontario New Home Warranties Plan Act, new home builders and vendors must be registered with Tarion and enroll their homes in the new home warranty program.
In May 2017, Tarion investigators executed search warrants and obtained 80 agreements of purchase and sale for new condominium units which had been sold by the vendor, Admirals Walk Residences Inc. While Admirals Walk Residences Inc. had previously been registered with Tarion, the company’s registration had expired in August 2008 which meant it could not legally enter into purchase agreements after that date. In addition, the proposed condominium units were not enrolled in the new home warranty program.
As a result, the corporation and officer/director, Sandro Sordi, were each charged with 80 counts of failing to be registered as a vendor and illegally entering into agreements to sell new condominium units.
On April 9, 2019, the presiding Justice of the Peace, Justice Jack Chiang accepted the guilty pleas of Admiral’s Walk Residences Inc. and Sandro Sordi. The Justice imposed a fine on the company of $500 per count plus victim surcharge fees, for a total of $50,000. Sandro Sordi received a suspended sentence.
The Ontario New Home Warranties Plan Act protects the rights of home buyers. Builders or vendors who violate the Act can be prosecuted.
If consumers want to report a concern with their builder, they can call 1-877-982-7466, or send an email to email@example.com.
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