Southcore Financial Centre - Toronto

Southcore Financial Centre - Toronto 



Southcore Financial Centre, is a mixed use development south of the railway, and Union Station in downtown Toronto. It is a combination of office, hotel and retail uses on the Bremner Blvd Gateway between the Air Canada Centre and the Rogers Centre-(aka Skydome), CN Tower, and coming soon the new Ripleys Aquarium featuring Shark Tanks! Ya!

The Hotel will be a Delta, which will compliment their location further north at Yonge and Gerrard, and the office towers have signed big name Legal and Accounting firms as key tenants. Namely Price Waterhouse Coopers at 18 York. Bremner Tower is still under construction, along with the Delta Hotel Tower.

From the Delta Hotel Website..

Toronto,  2010 — British Columbia Investment Management Corporation (bcIMC) today announced the completion and initiation of significant phases in the development of  Southcore Financial Centre (SFC) with the topping-off ceremony of the PwC Tower and a groundbreaking event for another office tower and the new flagship Delta Toronto hotel.
The 650,000 sq. ft. PwC Tower at 18 York Street will be headquarters to PwC, a leading accounting and consulting firm, and is scheduled for occupancy in fall 2011. The placing of the final beam on the rooftop of the PwC Tower concludes SFC’s first phase of development, involving 542 construction days and a dedicated effort by the EllisDon construction team. Following the topping-off event, a groundbreaking ceremony launches SFC’s second phase of development: a second office building — the 30-storey, 700,000 sq. ft. Bremner Tower — and the 45-storey Delta Toronto – a next-generation, premium four-star hotel.
“Today’s topping off ceremony and groundbreaking event are important milestones in our commitment to Toronto’s emerging southcore district, and the partnerships with the companies that will soon occupy the premises,” said Chuck Swanson, Vice President, Real Estate, bcIMC. “With this project, bcIMC is advancing the development of sustainable office space designed to benefit tenants and their employees, the local community and the environment.”
Encompassing a full block from York Street to Lower Simcoe Street and within walking distance of King and Bay, the SFC complex will be built to a high level of sustainability with PwC Tower and Bremner Tower targeting LEED^® Gold certification.

Delta Website Informational

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.