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Mike 'Holmes Approved Homes' demolished due to alleged defects

In its ongoing investigation of Terrace Wood, a housing development endorsed by Mike Holmes, CBC recently learned that consumer watchdog Tarion condemned three of the houses. CBC also uncovered documents showing Mike Holmes not only promoted the project, but also a company he's associated with loaned money to the builder.

In its lawsuit, Tarion alleges the 14 TerraceWood houses were built with flaws such as improperly installed roofs, water leakage and major structural issues that raise "serious safety concerns." CBC News showed documents detailing Holmes and his companies' dealings in TerraceWood to realtor and real estate law expert Varun Sriskanda, who was not involved in the development. Tourgis said in an email no homeowner opted to buy an upgrade inspection package offered by The Holmes Group, so it "had absolutely no access to any of the residences in the project, from their design, to their installation and construction."

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