Thompson Building Materials Turn Construction of $100 million home is on hold in Ontario

Construction of $100 million home is on hold in Ontario

Construction of a $100-million home in the Toronto area is on pause because of the city’s building codes, the building department said Friday.

The city’s Building Standards Office said the city is investigating whether the $100,000-plus home is compliant with its building code, the Building Materials Standards Act, because it has multiple floors, and that it could require repairs to the exterior.

The building inspector is conducting the investigation into whether the home is required to be listed as a building material, a requirement that requires an additional inspection and is required for all new residential units built after December 1, 2020.

The home will not be sold or rented to the public, but is expected to be open for the first time in late February, the city said.

The home was purchased by an anonymous buyer in May of this year.

The office said it is not yet known if the home will be required to comply with the law.

The inspector’s office said they will hold a hearing on the home and its condition later this month.