Montage Condo at Cityplace

Montage Condo at Cityplace

Here is a picture of Montage Condo at Cityplace. This property was developed by Concord Adex out of Vancouver. The tower is 49 floors and reaches over 500 feet. It is the second tallest building in the entire Cityplace development with the exception of Harbourview Estates 2.

There is still some speculation of a grand finale to the Cityplace project with a massive tower over 200 meters tall. This last tower will be the "Signature" development of the project which began in 2001 at the very beginning of this current condo boom.

Cityplace may have started the condo boom....

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