Trinity Ravine Towers was advertised as a “Christian” community with 565 units in two highrises joined by a four-storey podium. Amenities included a 230-seat dining room.
The project’s “life lease” arrangement was transferable and was marketed to individuals 55 years of age and older. Life leases are typically geared toward seniors who may live independently. These projects are usually owned and operated by charitable entities, including faith-based groups and seniors organizations, which are called “sponsors”.
Sponsors are able to create a community with tailored amenities, programming and social activities that promote seniors living independently. They offer a lower price compared to buying a comparable condo unit, which is seen as an attractive feature to those including the seniors who bought into the Trinity Ravine Towers.
The project’s owner, now called Trinity Ravine Communities Inc., says it’s been issuing refunds and had promised to return all deposits to those who requested them by mid-January 2022, however, this has not happened.
If you or a loved one have entered into an agreement with Global Kingdom Ministries to purchase a life lease and have not yet received a full refund for the deposit paid, you may be able to secure compensation. Contact a qualified Toronto lawyer at Diamond and Diamond Lawyers to get help with your claim. Call 1-800-567-4878 or fill out the quick contact form below when you are ready to get started on your case.
$15 Million Lawsuit Alleges Recurring Anti-Semitic Incidents and Seeks Meaningful Reform Toronto, ON – Diamond and Diamond Lawyers have initiated a class action lawsuit concerning…Read More >>
Call NOW for a free consultation
255 Consumers Road, 5th Floor, Toronto, Ontario
4246 97 Street NW, Unit 103, Edmonton, Alberta
1727 West Broadway, Suite 400, Vancouver, British Columbia
168 Bayfield Street
1331 Macleod Trail SE, Suite 645
2713 14 St SW
600 Crowfoot Crescent NW #240
4246 97 Street NW, Unit 103
1701 Hollis St
256 Pall Mall St, Suite 102
2939 Portland Drive, Suite 200
50 Richmond Street E, Unit # 108 B
955 Green Valley Crescent, Unit 315
31 Larch Street, Unit 300
1104 – 13737 96 Ave, Surrey, BC V3V 0C6
255 Consumers Road, 5th Floor
1678 Bloor Street, Suite 302
1727 West Broadway, Suite 400
13158 Tecumseh Rd. E. Unit 3B