Burano Condos on Bay Street

Burano Condos on Bay Street.

Work has completed on the Burano Condo Complex on Bay Street, and proud owners are moving into their new digs. This site has been years in the making and the twin tower, Murano Development sits across the Street. This project was put together by the people at Lanterra Developments whom have also worked on the ICE Project, as well as Maple Leaf Square. this project is one of the taller towers on the north section of Bay Street away from the Financial District. The gleaming glass is looking good, and I look forward to additonal projects of this same high quality going up in the future.

The Toronto Condo Boom

The boom in the Toronto Condo industry which began slowly in the late 1990's and picked up steam in the early aughts (00's) has transformed the look and feel of the City. Highrises are sprouting from all areas of the city, mainly the downtown core, but other areas, such as Liberty Village, Etobicoke Shores, Scarborough, Mississauga City Centre and North York Centre are also experiencing rapid condo growth and densification. Part of it is the design of the provincial government, which wants to attain maximum efficiency of use out of publicly funded transit such as GO Transit, the TTC and regional lines. Plus heavy investment in infastructure such as the Airport Line, The Eglinton Crosstown LRT Line, as well as the Union Station Renovation project all of which will make getting into and out of the core far easier then ever before. At the same time providing a real lifestyle choice to those that decide they enjoy downtown living.

Realspace Management Group Inc - 416-594-9400

website: http://realspace.ca/contact.htm

Bentall Kennedy LP - 416-681-3400

Commercial Mortgage Coporation - 416-236-2222

Oxford Properties Group IncExecutive Offices

DTZ, a UGL company

12 Degrees Sales Office

Kolter Property Company - 416-366-8699

GWL Realty Advisors Corporate Office - 416-359-3019

The Real Estate Office - 416-883-0095

Triovest Realty Advisors Inc - 416-203-1209

Radio City Office - 416-927-9665

Dananta Building Corp Inc - 416-928-1200

Thornwood One - 416-922-6777

Bosley Real Estate Ltd - Residential Offices - 416-465-7527

Snelgrove L S (1981) Limited - 416-482-0469

Century 21 Parkland Ltd Brokerage - 289-806-0064

Ecko Jay Realty Ltd Brokerage - 416-445-8858

 

Getting a Mortgage and Mortgage Insurance through Allstate Insurance Company of Canada for financing a loan to purchase at Aura is actually a relatively easy process, and new rules from the federal government has required that company include new regulations, which have made the home loan and mortgage process a bit more difficult. Those changes at Allstate Insurance Company of Canada include shortening the amortization period for which the loan can be held by the consumer, and the degree to which the property is financed by the mortgage. They have also increased deposit requirements to lift the loan insurance amount. Mortgage insurance from Allstate Insurance Company of Canada is actually one of the major financing costs on home loans.