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The Tridel Accolade under construction in Toronto, Ontario. Condominiums built by Tridel in Markham, Ontario. Tridel is a major Canadian real estate developer based in Toronto, Ontario. It is the largest builder of condominiums in the Greater Toronto Area. Since being founded in the 1930s it has built some 90,000 homes. [2]
Toronto is the centre of this boom, with 17,000 new units being sold in 2005, more than double second place Miami's 7,500 units. [9] Toronto's condo population has grown from 978,125 in 2011 to 1.478 million people in 2016 representing 54.7% of the city population according to Toronto Condo News. [10]
The St. Regis Toronto is a mixed-use skyscraper located in the downtown core of Toronto, Ontario, Canada. It was built by Markham-based Talon International Development Inc., which is owned by Canadian businessmen Val Levitan and Alex Shnaider. The hotel portion of the building is owned by InnVest Hotels LP, which acquired it in 2017. [1]
[1] There are 158 neighbourhoods officially recognized by the City of Toronto (in 2022, 34 neighbourhoods were created from 16 of the previous 140) [2] and upwards of 240 official and unofficial neighbourhoods within city limits. [3] The current City of Toronto is the amalgamation of the former Metropolitan Toronto municipalities.
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
The Bazis proposal died as a result of the sale. Great Gulf relaunched the plans to build a condo tower there with a new design, reduced height (initially 91 to 80, but then 80 floors to 65), and a new name. Buoyed by strong sales, One Bloor grew from the downsized 65 floors to 70 floors and again to 75 floors.
Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold. There is usually no requirement for the owner(s) to live in the condo.
Shangri-La Toronto is a luxury hotel and residential condominium building in downtown Toronto, Ontario, Canada. It was designed by James K. M. Cheng and built by Westbank Projects Corp.; they also designed and built the Living Shangri-La in Vancouver. The building is 214 meters tall and is one of the fifteen tallest buildings in Toronto.
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