Sunday 23 September 2012

Market Wharf Condo - St. Lawrence Market


Market Wharf Condo -  St. Lawrence Market 



Market Wharf is located at the corner of the Esplanade and Jarvis in the St. Lawrence Market. The tower itself changed in appearance during review with the city, when residents of the neighbourhood (St. Lawrence Market, objected to it’s original height of close to 50 floors. When they, along with the city reached a comprise with the developer. The result was a 25 floor tower, with a substantially larger square footage floorplate.  The buildings signature design is the waving and undulating balcony glass giving it a liquid or fluid appearance. 

The building features wide ranging amenities including the Market Club, a two story pavilion along with a rooftop space. The ground level contains retail units the most prominent being the Shoppers Drug Market.
Here is a picture I took, while out and about in St. Lawrence Market today. 





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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