Frequently Asked Questions (FAQ)
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Dominion Lending Centres are actually the #1 mortgage company in Canada - originating more mortgages than even any of the big banks do. To learn more, see this page - here
Your top-rated Downtown Toronto Mortgage Broker can set you up with a pre-approval and tell you how much you can afford - all completely free and part of the service! You can also read more about pre-approvals at this page - here
We serve the entire GTA and surrounding areas - not just Downtown Toronto. In fact, if you're interested in the surrounding areas around Downtown Toronto, check out our Regent Park Mortgage Broker and our The Annex Mortgage Agent services. If you're looking for a Real Estate Agent, you should also check out this site - Downtown Toronto Realtor
Downtown Toronto is the city centre and main central business district of Toronto, Ontario, Canada. Located entirely within the district of Old Toronto, it is approximately 14 square kilometers in area, bounded by Bloor Street to the north, Lake Ontario to the south, the Don Valley to the east, and Bathurst Street to the west.
It is also the governmental centre of the City of Toronto and the Province of Ontario.
The retail core of the downtown is located along Yonge Street from Queen Street to College Street.
There is a large cluster of retail centres and shops in the area, including the Toronto Eaton Centre indoor mall.
There are an estimated 600 retail stores, 150 bars and restaurants, and 7 hotels.
In recent years the area has been experiencing a renaissance as the Business Improvement Area (BIA) has brought in new retail and improved the cleanliness.
The area has also seen the opening of the Dundas Square public square, a public space for holding performances and art displays.
The Financial District, centred on the intersection of Bay Street and King Street is the centre of Canada's financial industry.
It contains the Toronto Stock Exchange, which is the largest in Canada and seventh in the world by market capitalization.
The construction of skyscrapers in downtown Toronto had started to rapidly increase during the 1960s.
Sources: http://www.torontoneighbourhoods.net/neighbourhoods/downtown, https://www.ontariotravel.net/en/explore/greater-toronto-area/toronto
We've actually written a pretty detailed article on reverse mortgages in Canada - including CHIP - here's the link - click here