{"id":3211,"date":"2024-05-31T08:47:03","date_gmt":"2024-05-31T08:47:03","guid":{"rendered":"https:\/\/www.ashtonhawks.com\/?post_type=property&p=3211"},"modified":"2024-05-31T08:49:56","modified_gmt":"2024-05-31T08:49:56","slug":"adagio","status":"publish","type":"property","link":"https:\/\/devwp02.visibleone.io\/ashtonhawks\/property\/adagio\/","title":{"rendered":"Adagio"},"content":{"rendered":"\n
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Why Invest in Toronto?<\/strong><\/h3>\n

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Toronto has been ranked among the top 20 best cities in the world, according to Resonance Consultancy\u2019s World Best Cities 2021 report.The city\u2019s openness, combined with its economy has resulted in unprecedented density and satisfaction with just staying put, sated by real estate wealth and the comfort that the world is already in town.<\/p>\n

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Canada\u2019s Stringent Lending Practices\u00a0<\/b><\/span><\/h3>\n

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Buying investment property in Canada is a safe investment because of the many guidelines they\u2019ve introduced, including the\u00a0Stress Test<\/span>\u00a0at the beginning of 2018 which was actually raised to a\u00a0higher Stress Test threshold in June of 2021. Canada has an\u00a0extremely low delinquency rate. As of 2021 it was 0.25% \u2014 the lowest level reported in 5 years. Canadians may be mortgaged to the hilt, but Canada\u2019s loan default rate remains tiny.<\/span><\/p>\n

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Increasing Demand for House Rental\u00a0<\/b><\/span><\/h3>\n

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Toronto is one of the most popular cities for real estate investors. The real estate market in Toronto had risen sharply\u00a0in 2021. The year-over-year growth of property prices has reached 16%. (according to House Price Index.ca)<\/span><\/p>\n

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Investing in Toronto real estate is profitable and safe with Toronto\u2019s growing population, the demand for rentals remains stable. A pandemic may have had its time and lowered rental demand but that was temporary and we\u2019re already on the up-and-up. With major developments like\u00a0East Harbor\u00a0<\/span>and\u00a0our growing tech industry,<\/span>\u00a0and several high-profile tech companies choosing to set up shop in Toronto (Google, Uber, Pinterest, and Microsoft to name a few), the demand for available rentals will continue to go up.<\/p>\n

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The Brand-new Deluxe Apartment in Toronto<\/strong><\/h2>\n

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Yorkville is situated at the most desirable downtown street in Toronto. It was developed by Menkes, the Four Seasons hotel developer with over 65 years of experience. The splendid apartment is located in the premium area of the famous Yonge & Bloor store. Yorkville is surrounded by luxury brand boutiques such as Chanel, Hermes, Rolex and Cartier. It takes\u00a01 minute to walk to the Bloor-Yonge cross-line subway station and 6 minutes to walk to the famous University of Toronto. Adjacent to Canada\u2019s first international financial center.<\/strong><\/p>\n

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High Accessibility\u00a0<\/strong><\/h3>\n

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\u00a0\u2013 Doorstep to Bloor Yonge Station, connecting to all central lines<\/div>\n
\u2013 Within 5minutes walk to MNCs, e.g. CIBC, Manulife, Unilever, IBM, Deloitte, CIBC Building<\/div>\n

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Glamorous Living<\/strong><\/h3>\n

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\u2013 Adjacent to World-famous stores and star-rated restaurants<\/div>\n
\u2013 2 minutes walk to Bloor Street West, the street comparable to New York \u201cFifth Avenue\u201d<\/div>\n
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\u00a0International Academy<\/strong><\/h3>\n

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\u2013 6 minutes walk to the University of Toronto, one of the world\u2019s top 100 universities<\/div>\n
\u2013 Short distance to financial and burgeoning tech district<\/div>\n
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Travel As You Ready<\/strong><\/h3>\n

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\u2013 30 minutes direct drive to Pearson International Airport- 20 minutes drive to Billy Bishop City Airport<\/div>\n
Adagio provides 202 units, 1 to 3 bedroom & Studio, price from C$730,000\/ HKD 4,560,000 up, with est. gross rental yield up to 3.5% p.a.*<\/strong><\/div>\n
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Location<\/h2>
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