Developer Charging up to 170k Closing Costs in Mississauga Condo

Hi everyone,Sharing our story which aired on CityTV today. 48 hours before our closing date, we were hit with almost another 20% in closing costs pertaining to “water meter installation” fees and “Electrical meter fees”. Tens of thousands of dollars. Some individuals had to pay upwards of 70k to 170k or risk losing their deposits, and the developer reclaiming the condo and reselling it.We made it on the news this evening:City TV CoverageIf people could be made aware of this developer and stop it from happening to others it’s all I ask. This developer has 2 more builds going up as we speak. Haven developments should not be able to build in this province again. They did this for the second time now.People are losing their homes, or forced to borrow/loan the extra costs in an extremely short timeframe. This has been the most stressful time as majority of us are first time home buyers and were excited to close on our new homes.UPDATE: A lot of comments talking about how this is our fault and our lawyers. I just want to make it clear, this is EVERY resident of the building. We had our charges capped but they used avenues such as Meter installation fees that are outside of the capped charges to justify this. Some residents are new to Canada and dont know the process, these ones didnt necessarily have development charges capped and they received an extra 70k just in development fees. It is a really unfortunate situation. via /r/ontario https://ift.tt/52Bqj6z