Exhibit Residences About to Begin Construction

Exhibit Resideces Set to Begin!

Exhibit Residences is a condominum tower being proposed at the corner of Bloor and Avenue Road directly across from the Royal Ontario Museum. It has a striking appearance very complementary to the ROM Building next door. The tower is being developed by Bazis, probably most famous for a building they were never to build, One Bloor East. However, it appears, that they have righted their ship since the financial crisis of 2008 and have many projects underway in the city of Toronto, including a landmark development in North York called Emerald Park. Partners in this development include Metropia, and Plazacorp.

The building includes a luxurious lobby space, and amenties are located on the 9th and 10th floors. The parking is located above ground and hidded being the same cladding as the building, so as not to stick out too much and draw attention to the owners vehicles.

The design at least the way I see looks pretty daring for Toronto, which is very conservative. So this tower will be big news when it's gets underway, and a big draw once it's built.

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Getting a Mortgage and Mortgage Insurance through BMO 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 BMO 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 BMO Insurance is actually one of the major financing costs on home loans.