Work Continues on Tallest Condo in Canada

Tallest Condo in Canada

Work continues on Tallest Condo in Canada. The Aura Condo developed by Canderel Stoneridge will be 78 floors and 273 meters. It is the third and final phase of the Residences of College Park, which has already completed work on two towers which front onto Bay Street. The last tower is at the corner of Gerrard and Yonge and will feature Patios and Retail amenities for residents, tourists and locals alike.

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