Saturday 29 September 2012

Minto Midtown - Yonge and Eglinton

Minto Midtown - Yonge and Eglinton



Minto Towers at Yonge and Eglinton
Going, back in the day to the beginning of the construction boom in  Toronto, brings us to Minto Midtown at Yonge and Eglinton. Probably the very beginning of the construction boom in Toronto when these towers were originally proposed they were supposed to be over 200 meters tall. As you can guess, the community opposition was furious, and home owners and residents in the area battled the developer, for years, before a shovel was even put into the ground. Eventually though the developer concided and the tower was shorted to 165 meters or so, and when built, became along with 1 King West, the tallest towers built in Toronto in some time.

Here is a brief breakdown of the Towers:

The taller tower is 54 floors and 163 meters
The shorter tower is 39 floors
The towers are on the Southeast corner of Yonge and Eglinton directly opposite the TVO headquaters at Canada Square.
The towers have easy access to the TTC Subway's Yonge Line, the busiest line in the City
Yonge and Eglinton is a major Toronto intersection, also know as Yonge and Eligible because of the youth and professional character of the residents that live there.






Condo Amenties Include :

Landmark Club

  • 24-hour concierge service for round-the-clock peace of mind.
  • State-of-the-art fitness facilities, with cardio and weight areas.
  • Fabulous indoor lap pool • Sauna • Aerobics
  • Spectacular third floor outdoor landscaped terrace with lounge seating and BBQs.
  • Entertainment lounge with kitchen and bar and private dining room.
  • Billiards • Screening room • Furnished guest suites.
  • Business Centre with boardroom, computers, fax and photocopiers.


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.

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