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Friday 28 September 2012
Pinnacle on Adelaide
Pinnacle on Adelaide
It’s a retreat, with everything at your feet. Coming to the downtown core in 2013 is another luxury condo by Pinnacle on Adelaide. Situated at the corners of Adelaide and John Streets, an obvious attraction to this building is its location. This spot is prime real estate, whether you work in finance, arts, theatre and other nearby districts.
After a long day at work, Pinnacle is also close to Toronto’s entertainment district. Not to mention, the multitude of restaurants along King Street, the shops on Queen West and of course, proximity to the lake. Clearly, the Pinnacle is constructed for the true urbanite at heart.
According the builders, your new home in Pinnacle offers top of the notch in luxury, complete with modern designs, engineered hardwood floors, floor to ceiling windows, designer cabinetry and more.
From Guest Blogger : Alexandra Christoupolous
Secrets of Toronto's Development Success:
Toronto is a true international city, it has drawn hundreds of thousands of people from all over the world, seeking to make a better life. It's people are industrious and entrepreneurial, which along with some great geographic luck has made Toronto's economy one of the world's most dynamic finance, trading, exporting and manufacturing centers. Over the past 15 years there has been a dramatic shift in the population patterns of the Greater Toronto Area (GTA) as the population begins to concentrate into the downtown core, for reasons ranging from transport without a car, to low condo pricing, for young people. Over the last decade an average of 10,000 new condos per year have been sold in the core, in the past 5 to 7 years this average has been over 15,000 new condos. and in the past 3 years there have been over 20,000 new condo sales per year. There is a flare associated with downtown living in Toronto, that the suburbs can't match. It's attracting more people everyday, and so far, there seems nothing set to change it. 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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