Thursday 4 October 2012

Chaz Yorkville, not really in Yorkville But Close..

Chaz Yorkville Condos
Chaz Condos 

As a Ryerson graduate, the intersections of Yonge and Bloor were a central location during my time in school. Just a stone’s throw away from campus, the area was not only student friendly, but offered a different experience , depending upon where you wanted to go.For instance, continuing north on Yonge will take you to the famous Reference Library (which has also been newly renovated!) and a turn either left or right will take the visitor to Toronto’s ritzy Yorkville neighborhood, and other big landmarks, such as the ROM (Royal Ontario Museum), the Bata Shoe Musueum and more.

The builders at Chaz Condos clearly made a well thought out decision when choosing the location for their construction site. Whether you are a student, workaholic, or an executive, the area has something to offer for everyone. And soon enough, some will be calling this new place home.

From Guest Blogger:
 Alexandra Christopoulos



Getting a Mortgage and Mortgage Insurance through National Bank Insurance 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 National Bank Insurance 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 National Bank Insurance 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. Currently investors are looking to increase their position in rental properties in Toronto, at the same time the federal government in co-operation with the financial institutions are making getting and qualifying for loans and mortgages more difficult

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