Monday, 17 September 2012

The 250 Yonge (Eaton Centre)

The 250 is the last office phase of the Eaton Centre to be built. It lies almost direct centre of the Mall between the Dundas Tower and Cadillac Fairview Tower. It was built in the early 90's when I was still in high school. I remember that the Eaton Centre had some external and internal hoarding during its construction but it was not very intrusive. If fact it was a pretty clean site considering they were building the tower over the mall and through the glass Galleria.

Word is, there is a 4th office tower planned for the Eaton Centre and that the foundations were laid the mall was built. More news on that down the road.




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.

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