Clear Spirit Condos
A
new living space is coming to Toronto’s famous Distillery District. The area is
well known for its quaint, Victorian charm, brick-lined pathways that
offer a charming atmosphere of boutiques, cafes and restaurants. It is
admittedly, one of my favourite city neighbourhoods.
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| Clear Spirit Condos - Distillery District |
Steps away from the downtown core, the Distillery
has somehow always felt like an oasis, while offering the convenience of city
life. For as long as I have been acquainted with the area, its charm has never
faltered. Whether I am there for work, or a quick stop, its old world charm
instills a sense of serene and calm. Simply put, it is an artist’s oasis.
Near completion, Clear Spirit condominiums
have been built by award-winning architect, Peter Clewes, of architects
Alliance. The interiors are by Chase Design and as is described, the suites are
built with a ton of pluses, including wrap around balconies or terraces, a
rooftop pool and two luxurious, guest
appointed suites for occasional overnight visitors.
by Guest Blogger:
Alexandra Christopoulos
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| Clear Spirit and Pure Spirit Condos - Sept 2012 |
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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