North York Centre A City Unto Itself

North York City Centre



North York Civic Centre

North York City Centre, is the centre of the northern Toronto suburb of North York. North York was once it's own city within Metro Toronto, but was amalgamated in the late 90's (1998, to be exact, if you're into that kinda thing) It has a population of about 560,000 people, and is home to many commercial centres including, Don Mills-Wynford, Consumers Drive, and of course North York Centre.

North York Centre, lies about 2 blocks east and west of Yonge Street, north of the 401 running up Yonge to Finch. It's shape like a snake of highrises, moving through the low rise suburbs that surround it. It is a massive transporation hub, acting as an exchange of sorts for people debarking off of suburban transit routes like VIVA and YRT on their way to use the TTC Subway lines to get into the downtown core about 7 to 10 miles further south of here. It also is the enterainment and leisure point for those in the surrounding suburban areas, with its massive patios wide style sidewalks, and civic parks. It is home to very large Korean, Chinese and Iranian communities that live in the surrounding homes and highrises that make up its core.

The area is also connected to some degree by underground passages to shelter commuters between buildings at the vairous nodes of Yonge and Sheppard, North York Centre, (at Empress), and Finch. Currently the node at Yonge and Sheppard is undergoing massive redevelopment, not only with the new Sheppard Subway line and LRT, but the accompaning highrises and office towers under construction such as Hullmark Centre and Emerald Park.



North York Centre Skyline

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.