Saturday, 24 November 2012

Ceasar's Entertainment Releases It's Vision For Oxford Place

Ceasar's Entertainment Releases It's Vision For Oxford Place



Caesars Entertainment Corporation and Rock Gaming LLC today released its early vision for a downtown Toronto gaming entertainment facility. The rendering shows the Casino project and how it would intergrate into the Oxford Place Proposal that is currently being planned for the Metro Toronto Convention Centre. This project includes the decking of the railway tracks for a public park, which would then link the Convention Centre, Casino, Office Towers and Front Street to the Skydome, Rogers Centre, CN Tower and the new Ripley's Aquarium which is currently under construction.

Ceasars Entertainment is one of the largest developers of Gaming properties in the United States, and has keen experience when doing so in urban area. Ceasars current crop of high profile celebrity entertainment figures include Celine Dion, Elton John and Shania Twain.

The overall plan for the site and the development in general includes taking the Metro Toronto Convention Centre which is just north of the railway tracks and reconstructing it into a Casinio and Hotel Site, with the convention facilities slowly relocated to the south building, and that building itself will be redesigned and rebuilt during the construction of the Casnio Hotel Property.

The Property will feature the "Ceasars Brand" and included upscale and bright structure with a multi level glass entrance which will intergrate into the planned redevelopment of Front Street. Oxford Developments has had this in mind ever since purchasing the Convention Centre earlier this year. The project will be home to year round entertianment.


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

Investment Trusts have no taken to looking to purchase rental properties and acquiring mortgages through financing auctions by the banks looking to shore up their balances sheets in light of stricter government regulation. These regulations have actually made holding residential mortgages by the large financial institutions harder to hold. Currently investors are looking to increase their position in rental properties in Toronto, at the same time the federal government in co-operation with the financial institutions are making getting and qualifying for loans and mortgages more difficult

Empire Life : What is Condo Insurance?
Condo Insurance is required to protect your personal contents from theft or fire damage in your condo if these unforeseen events should happen you should make sure that you have adequate protection. Some items in your condo are will also be protected by your condo association insurance policy which covers the general building. The events that are covered by condo insurance include Fire, as well as Lighting. Other weather related causes such as Windstorms, and Hail are also covered. The major one that most people worry about is theft which is covered by condo contents insurance policies.

Toronto Condo Market Report – February 26, 2014

Toronto Condo Prices continue to trend upwards, as sales also move up with general improvement not only in the Toronto economy, but the nation as a whole. Condo sale prices have not increased to the same degree as detached family housing, due to new supply coming onstream. However fears of a condo bubble, have not proved accurate, as trends move to the upside. Average Home prices are still up in Toronto, and look like they will continue to rise for the remainder of 2014. Year over year, detached housing prices increased by over 14%. Just amazing.

What to Expect for Home and Condo Prices in 2015 in Toronto and the Greater Toronto Area

The latest reports on the Toronto Real Estate market predict that the condo prices if left unsupported will fall, due to oversupply. However, this prediction has been the case for over 10 years now, and nothing has come to pass with regard to any major price drop even with predictions of a correction coming from the world’s largest and most respected financial institutions.

Toronto is on the verge of becoming a high end retailing mecca, and this will force up home prices as well as condo prices in the central core. Word that big US retailers like Saks, Nordstorms and Target are moving into the Canadian Space, and primarily within the downtown Toronto core is likely to increase the desirability of those areas with the best access to high end shopping experiences.


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