Comment 28120

By Bittertaste (anonymous) | Posted January 10, 2009 at 13:56:16

Having been scammed by Stinson in the past, I can tell you that this is the same scam as One King west, just in a different wrapper. Pooling suites as posted makes the owner liable for commercial tax rate around 4.5% or 10-15k a year. That is what we are paying at 1 King West. Also someone posted SEC violation in the marketing. I think they meant OSC (ontario securities commission)STinson has been fined in the past by the OSC and he should know better. Listen carefully everbody...Nobody ever made money at 1 King west. Most have lost their shirt and property valuations are down 30-40%. I can wtite a book about the Stinson Condo Con.

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