Saturday 18 August 2012

L Tower - Toronto's Curving Skyscraper

L Tower - Union Station
Tourist Love L Tower!!!

Ok, well not really, but Tourist will love L Tower when it's complete it's curving mass on full display when entrants to the city emerge from the hallowed halls of Union Station. A reminder of the current Condo Boom that is transforming Toronto from a small provincial town, into a Global Construction, economic, and manufacturing powerhouse. Currently the tower is up about 55 floors. It has another 2 more floors to go, then the construction of the mechanical penthouse will begin and the curve will be complete. This is by far the most intriguing design that is coming out of the current condo boom. Looking forward with pride to watching this one take it's place in the current Toronto skyline.


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.

 
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.

Realspace Management Group Inc - 416-594-9400
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

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