Property Weekly

Canada calling

April 2 - 8, 2008
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The Canadian real estate market is well-established with investor returns reflecting robust economic growth trends countrywide.

In general, Canada has two added bonuses for real estate investors that are worth considering. Firstly, the country attracts high numbers of wealthy expatriates who seek residence in Canada for retirement or take up key employment positions under the Canadian Immigration Department's skilled worker programmes.

These immigrants seek properties for rent and resale and bring a constant flow of money into the Canadian property market. This adds to the sustainability of the Canadian real estate sector and creates an investment focus in the country's cities.

Secondly, Canada has emerging markets within its borders. It has gone from political strength to economic strength and is generally regarded worldwide as a safe and neutral country. This has created growth in many business sectors and led to the physical expansion of many urban centres in Canada which have spawned residential and commercial real estate sectors of their own.

A property investor could look to target his investment on any one of Canada's developing cities.

Alternatively, Canada has an already well-established but gradually expanding tourist sector that is creeping further inland and further north opening up opportunities to target second home markets and tourist accommodation markets.

Most immigrants tend to flock towards Toronto, Ottawa, Montreal, and Vancouver for property investment.

Toronto, where these stylish residences are located, is situated on the north shore of Lake Ontario, is the largest of Canada's vibrant urban centres.

It is the hub of the nation's commercial, financial, industrial, and cultural life. Toronto has emerged as one of the most livable and multicultural urban places in the world today.

The condominium market in Toronto is being fuelled by a steady population growth with approximately 50,000 new people a year moving into Toronto.

There is an increasing desire among both young people and their parents to live in the city as opposed to the suburbs to limit commuting time. With suburban land being more costly for single family homes, condominiums are the only choice for many purchasers wishing to own property in the city.

900 Mt. Pleasant is a luxurious condominium with various properties available such as 'town manors', penthouses and suites.

The project is also made up of one and two bedroom suites that are one of a kind. Some suites are lavish with galleries and dens while others are more on the functional side. Either way, quality can not be ignored with the development's ubiquitous opulent details and fine finishes.

Upon entry there are solid core recessed suite entry doors fitted with quality hardware. The entrance area is finished with your choice of quality porcelain ceramic floor tiles, hardwood flooring, laminate flooring, 60-ounce plush carpet or Sisal or Berber broadloom.

There is also designer-selected satin nickel-finish hardware, wood baseboard trim with matching door casings and jambs throughout.

Crisp clean white horizontal blinds are installed on all exterior windows and exterior glass doors.

Comfortable living is an essential aspect of 900 Mt. Pleasant. The condos feature central state-of-the-art water filtration system for the entire building to provide clean filtered water for drinking, cooking, bathing and washing.

There will also be individually controlled energy efficient heat pump system for year-round heating and air-conditioning to give you complete control of your own comfort levels and energy use.

Each suite is pre-wired for multiple phone lines, with outlets in living room, kitchen, master bedroom, second bedroom and den. The TV/broadband coaxial cable outlets can be found in living room, kitchen, master bedroom, second bedroom and den as well.

The kitchen also comes fully-equipped with quality cabinetry by Paris Kitchens, granite counter tops, mirror or ceramic tiled kitchen counter backsplash, and stainless steel kitchen sinks.

As for the finishing touches, the sink comes with a single lever kitchen faucet with integral pullout vegetable sprayer.

The kitchen also features an over-the-range microwave oven with integral range hood ducted to the outdoors in your choice of stainless steel, white or black.

Then you have European-style slide in stove with glass halogen cook top, self-cleaning oven and separate warming drawer. If you require a dishwasher, there is a built-in multi-cycle dishwasher in your choice of colour as well. You will also have a frost free refrigerator and full-sized white washer and dryer directly vented to the outdoors.

There is one parking space included with every suite and your own private individual storage locker large enough to accommodate a bicycle.

For security, the two-storey lobby features 24 hour concierge as well as a centrally wired Suite Direct Communications System that links the lobby front door to your suite telephone and links the lobby closed circuit television camera to a dedicated channel on your television set.

At 900 Mt. Pleasant you will live close to the sophisticated and friendly shops along Mount Pleasant, a stroll away from the cosmopolitan side of Young Street and a stone's throw from a plethora of fine-dining restaurants, boutiques and shops.







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