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 - Dominon Lending Centres
Your top-rated York Mills 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 - mortgage approval
We serve the entire GTA and surrounding areas - not just York Mills. In fact, if you're interested in the surrounding areas around York Mills, check out our Amesbury Mortgage Broker and our Don Mills Mortgage Agent services. If you're looking for a Real Estate Agent, you should also check out this site - York Mills Realtor
York Mills is a neighbourhood in Toronto, Ontario, Canada.
It is centred around Yonge Street and York Mills Road located in the district of North York.
In 2010, it encompassed the fourth and seventh most affluent postal codes in Canada.
It is recognized as a millionaires' mile, alongside the other Toronto neighbourhoods of
The Bridle Path,
Forest Hill, Lawrence Park, and Rosedale. "York" makes reference to the former Town of York - the forerunner to modern day Toronto and "Mills" refers to the grist and saw mills that churned in this valley from 1804 until 1926. During this period of industry York Mills was a busy place.
It included a distillery, a tannery, a blacksmith shop, three churches, a school, a post office, a toll gate and the Jolly Miller Tavern which is still standing today at 3885 Yonge Street. Another York Mills landmark is St.John's Anglican Church which began in 1816.
The original log church was replaced by the present day white brick church in 1844. Houses in York Mills are highly distinguishable and contribute greatly to the proclaimed affluence of the neighbourhood. 50% of occupied dwellings are single detached houses. Many have been rebuilt and customized to taste, with heavily renovated front yards.
In between 2001 and 2006, property values have increased by 47.6%.
The second type of most occupied dwelling is apartments reaching five or more storeys, inhabited by 28% of the population Sources: http://www.torontoneighbourhoods.net/neighbourhoods/north-york/york-mills/history, https://manuliferealestate.com/property-search/complex/york-mills-centre
We've actually written a pretty detailed article on reverse mortgages in Canada - including CHIP - here's the link - check it out