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The Condo Game

The Condo Game examines the forces at play behind the fastest moving condo market in North America - Toronto - and discovers that the glittering glass hides a sea of troubles.
Episode available within Canada only. Video help?

The Condo Game examines the forces at play behind the fastest moving condo market in North America – Toronto -  and discovers that the glittering glass hides a sea of troubles. The first startling revelation for many people will be how very much the condo market is focused on investor profit, not affordable housing. One expert even says that it’s really not a housing market but a commodities play. And that means that average Canadians, looking for a primary residence, are inadvertently joining a game for which they don’t have the rule book.

Watch an interview with director Helen Slinger on The Rush about The Condo Game.

Although the documentary focuses primarily on Toronto, as it unfolds warning bells will be ringing loud and clear for cities and condo-owners across Canada. With its population exploding, Toronto placed a big bet on condo towers. Their number has doubled in the last decade. But in the summer of 2011, when faulty panes of glass repeatedly fell from brand new condos onto busy city streets, people began questioning whether this was a safe bet – for individual homeowners and for the city.

Condo broker Charles "King Cobra" Hanes says downtown condos are "more a commodities play than a housing market".

During boom times, like in Toronto around 2011, developers race to take advantage of the market and the quality of construction can suffer. Deficiencies are common and some experts actually tell buyers to plan on spending thousands more than the purchase price to fix up their brand new condo.

Then, as tall towers age, maintenance issues can become a nightmare. Imagine sharing financial responsible for the damage done by a leak 20 floors above you.

And the condo game can affect the very shape of a city – with too many eyes on the money, and not enough on sound city planning. In Toronto, civic officials were caught napping when the condo boom hit. It may have been sound neighbourhood-based planning that made the city so popular but there wasn’t the same focus on that foundation during the years after the 1998 amalgamation of seven municipalities into a megacity. The planning department was simply too distracted, figuring out new systems. Chief City Planner Jennifer Keesmaat: “We have been in a Catch-22 for quite some time of being very reactive and in fact of letting the development industry set the standard.”

Are you sure you want to buy that condo? Download a user's guide prepared by Ted Kesik, a U of T building science professor.

Toronto is at a tipping point. And the city’s condo story is a cautionary tale for all Canadians and their communities.

The Condo Game was produced by Helen Slinger and directed by Lionel Goddard and Helen Slinger.

 

Credits (Click to expand)

CBC.ca

Producer
ANNETTE BRADFORD

Associate Producer
ROBERT BALLANTYNE
OLENA SULLIVAN

CBC-TV

Directed by

LIONEL GODDARD
HELEN SLINGER


Written & Produced by
HELEN SLINGER

Narrator
ANN-MARIE MacDONALD

Directors of Photography
CHRISTOPHER GARGUS (Toronto)
TODD CRADDOCK  (Vancouver)

Time Lapse Photography
RYAN EMOND

Editor
TIM WANLIN

Music Composer
GRAEME COLEMAN

Graphic Design & Animation
TIZ BERETTA
ELI TREVIÑO

Sound Design
EWAN DEANE

Location Sound
BRIAN SHERIDAN

Business Affairs
SUE RIDOUT

Production Manager
ALISON HILL

Research
YVETTE BREND

Story Consultant
MAUREEN PALMER

Additional Camera
ANDREW THOMPSON
MARK FOERSTER CSC

Additional Sound
PAUL EDWARDS
RODERICK MATTE


Online Editor & Colourist
LORNE WRIGHT

Post-Production Supervisor
ALISON HILL

Production Assistant
KATHERINE DALY MORRIS

Online Research & Writing
YVETTE BREND
LIONEL GODDARD
HELEN SLINGER

Publicity
JEREMY KATZ
MAUREEN PALMER

Community & Social Media
CAROLINE BUTLER
KATHERINE DALY MORRIS


Archival Material

CBC Vancouver Media Archives
CBC Archive Sales, Toronto


Produced with the participation of


Province of British Columbia
Film Incentive BC

Produced by

In association with the
Canadian Broadcasting Corporation

© Bountiful Films 2013

For Doc Zone

Packaging Editor
MICHAEL READMAN

Associate Producer
GRIFFIN ONDAATJE

Unit Manager
SIBEL SAUNDERS

Associate Director
PETER LEE

Presentation Producer
DAVID GIDDENS

Senior Producer
LINDA LAUGHLIN

Executive Producer
Doc Zone
MICHAEL CLAYDON

Executive Director
Documentary Programming
MARK STAROWICZ

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