Nestle Building 25 Sheppard West at Yonge

The Nestle Building at Yonge and Sheppard

This building at the corner of Yonge and Sheppard is 21 Floors and has 91,000 Square feet of office space. It is the headquarters for the Canadian Operations of Nestle, the Swiss Chocolate Company. There is an empty lot next to this building which one would expect to be in the process of redevelopment at this time. Across the street, Hullmark Center is rising, slowley and to the south is Emerald Park Condos at North York Centre. This area will likely become a centre of activty within Toronto when all these projects have been completed.




Nestle Building - Yonge and Sheppard

Internal Interest Rates : (Factor: Positive)

The Bank of Canada has stated it's desire, to maintain the low interest rate environment in Canada. This of course will have a positive impact on the Toronto economy, it keeps people buying stuff, and it enables people to repay their debts in a reasonable fashion. Low interest rates will keep the housing market going, even as the federal government continues to tighen up the regulations regarding homebuying and builder financing. Even as hard as they try, the one area of the country that benefits the most from low interest rates is Toronto, as Toronto is the Financial Capital of the country we can turn free money, into more money through investments and trade. Read More 

Getting a Mortgage and Mortgage Insurance through The Co-operators 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 The Co-operators 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 The Co-operators is actually one of the major financing costs on home loans.