An Ontario man is suing a Canadian company for $5 million over the demolition of his home.
In October 2015, the man bought his home in Scarborough, Ont.
from a broker for $2.2 million.
He lived there for a decade, and said he could never afford to buy another home.
The sale was cancelled when his home was demolished.
The lawsuit, filed in Ontario Superior Court, says the demolition was an “inherent risk” and the loss of the home’s value would “impose significant financial, social and psychological harm.”
The suit seeks to recover the loss from the broker, the company, the Crown corporation, and the owner of the house.
The owner, the lawsuit says, is also liable for the damage.
According to the lawsuit, the broker did not provide a complete demolition plan for the home, which was built on the same lot as the man’s home.
Instead, the home was built in stages with a lower level built for his use.
After the demolition, the buyer said he lost all of his savings.
The suit also alleges that the broker “negligently failed to adequately protect the plaintiff’s interest” in the property.
It is the third lawsuit filed against the brokerage in recent years, after another man in Toronto was hit with a similar suit in 2018.
The second lawsuit was filed in July.