I ran into this issue with a client that was trying to buy into a similar building a few months ago. She had an issue getting approved through CMHC becausee of the adults only clause as well.
She ended up getting approved through AIG however.
I understand the reason you have the "adults only" rule in your condo. However it does make resale very difficult for tentants as many insurers and lenders will not lend on that type of building.
CMHC will lend on some adults only buildings, a lot depends on the borrower and how strict the age restrictions are.
Have any potential buyers explore getting the mortgage insured through AIG rather than CMHC, that might be a way around it.
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