Sunday, 30 September 2012

145 King Street West

145 King Street West

• Another building of the Financial District
• Located on the south side of King and University
• The Building has direct access to the PATH and subway at St. Andrews Station
• The building is 28 floors
• Has a great foodcourt with TV's tuned to CP24
• The building has won many awards for its operational efficiency
• The building is located just east of the vaunted King West Strip and the mega Projectcore  development by David Mirvish and Frank Gehry
• Also down the street from TIFF
• There is a Scotiabank in the lower retail level facing north onto King Street




Getting a Mortgage and Mortgage Insurance through The Co-operators for financing a loan to purchase at FIVE Condos 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 The Co-operators 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 The Co-operators is actually one of the major financing costs on home loans. Investment Trusts have no taken to looking to purchase rental properties and acquiring mortgages through financing auctions by the banks looking to shore up their balances sheets in light of stricter government regulation. These regulations have actually made holding residential mortgages by the large financial institutions harder to hold.

No comments:

Post a Comment