Published May 27, 2026, 12:27 a.m.

Burnaby Eclipse Pre-Sale Buyers Claim Contracts Invalid: Developer Hid $12M CRA Debt and Permit Suspensions, Court Told

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Image 4: Dozens of purchasers of pre-sale units at Burnaby's Eclipse tower are goingt o court in a bid to invalidate their contracts. The project was forced into creditor protection in January 2025 amid financial problems. — Dozens of pre-sale purchasers in troubled Lower Mainland condo tower claim contracts invalid

More than three dozen pre-sale purchasers at Burnaby's Eclipse condo tower have filed applications in B.C. Supreme Court seeking to invalidate their purchase contracts, claiming developer Thind Properties failed to disclose critical financial distress before the project entered creditor protection in January 2025. The buyers allege violations of B.C.'s Real Estate Development Marketing Act (REDMA), asserting they were never informed of a $12 million Canada Revenue Agency judgment against the developer dating to June 2023, the suspension of new home warranty insurance in October 2024, or the City of Burnaby's permit suspension that halted construction in November 2024. The 34-storey tower, which was 95 per cent complete with 232 of 329 units pre-sold when it entered insolvency proceedings, received its occupancy permit on April 10, 2026—yet purchasers like barber Mohammadjavad Nadali, who saved $38,295 for his deposit, claim they would never have signed had they known of the "massive red flags."