Massey Tower Celebrates Yonge!

Massey Tower

Massey Tower Developers Use Celebrate Yonge to Showcase Unique Property. 

The developers of the unique heritage building at 205 Yonge  Street which will be home to the future Massey Tower development have been using the recent Celebrate Yonge Festival to showcase their early 20^th classic bank building. There have been Jazz, Blues and Rock Bands performing at the impromptu stage along with table and chairs and beverages served it is quickly becoming the highlight of the entire Event. Massey Tower is a restoration project located on the main shopping street of Toronto, a heritage bank building will be brought back to it’s former glory and a marvelous 60 floor condo tower will be situated slightly adjacent and on top of the existing structure. It promises to become one of the most exciting condo projects ever built in Toronto. Sales were apparently brisk and there is a high possibility that this project could begin construction in 2013. Many thanks to the developers for bringing a piece of Toronto’s History into the present. 

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.