Infinite Condos and ICE Condo

Construction Photo of ICE Condos by Lanterra Developments and Infinite Condos by the Conservatory Group.

ICE Condos

• Taller tower is 235 meters and 67 floors
• Shorter tower is 202 meters and 57 Floors
• 2 floor retail podium

Infinite Condos

• Overlooking the Rogers Centre
• Next to Air Canada Centre
• Five minute walk to the Harbourfront.
• Panoramic views from every suite

Southcore Area

• located south of Union Station
• Next to railway
• Mixed use residential, retail and commerce space
• Located on Bremner Blvd
• Planned as a Entertainment Blvd

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

What is Condo Insurance?
Condo Insurance is required to protect your personal contents from theft or fire damage in your condo if these unforeseen events should happen you should make sure that you have adequate protection. Some items in your condo are will also be protected by your condo association insurance policy which covers the general building. The events that are covered by condo insurance include Fire, as well as Lighting. Other weather related causes such as Windstorms, and Hail are also covered. The major one that most people worry about is theft which is covered by condo contents insurance policies.