Women's College Hospital Redevelopment - Construction

Here is a picture from this weekend of the redevelopment and construction of new ambulatory care facilities for the Women's College Hospital. This building will be state of the art, in terms of waste reduction and energy use. The building is expected to be fully LED Certified.

The building is being constructed were a multi-level parking lot once stood. In fact I use to use the parking lot to grab snaps of the Burano condos during its construction for the urban Toronto forum. Yes this project abuts right up to the Burano Condos. You can see in my picture the buildings appear to touch.

Women's College Hospital required a new building because their current facilities are to antiquated for modern hospital care. This new building will bring them into the 21st century for Health Care.

Getting a Mortgage and Mortgage Insurance through Dominion of Canada General Insurance Company 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 Dominion of Canada General Insurance Company 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 Dominion of Canada General Insurance Company 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

Dominion of Canada General Insurance Company : 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.

Toronto Condo Market Report – February 26, 2014

Toronto Condo Prices continue to trend upwards, as sales also move up with general improvement not only in the Toronto economy, but the nation as a whole. Condo sale prices have not increased to the same degree as detached family housing, due to new supply coming onstream. However fears of a condo bubble, have not proved accurate, as trends move to the upside.