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Can new Toronto developments remain resilient to the property downturn?
Added: (Wed Aug 27 2008)
TheMoveChannel.com, the leading international property portal, announces a number of new Toronto property developments:
- Aura On Yonge Street (75 storeys high, will be one of the tallest residential towers in Canada)
- Neo Concord Cityplace (Completion Winter 2008, 1 bed apartments available)
Properties in Canada are unlikely be an investment opportunity UK investors have considered in the past, so TheMoveChannel.com provides an overview of Toronto and its culture.
Low Crime – safe as houses
Toronto has one of the lowest crime rates in North America and is a fine example of a diverse society living together with very little sign of conflict.
The low crime rate in Toronto has resulted in the city having a reputation as one of the safest major areas in North America, comparing favourably with other North American cities, such as New York, Vancouver, Atlanta, Boston Los Angeles and Washington D.C., when it comes to homicides, robberies and car thefts.
One of the main factors for the lack of crime in Toronto today is as a result of the Ontario government’s anti-gun campaign, which was introduced in 2005 to combat the growing fears that gun related crimes were on the increase and that there were signs the city was heading into the realms of a gang culture.
Quirky side of the Toronto - Bata Shoe Museum
The Bata Shoe Museum is a museum that collects, researches, preserves, exhibits and interprets footwear from all around the world.
The concept originated when a Mrs Sonja Bata – who travelled globally on business with her husband Mr Thomas J. Bata (founder of the Bata Shoe Company) – started to collect traditional footwear from the areas she visited.
In 1979 the Bata family established the Bata Shoe Museum Foundation, dedicated to operating an international centre for the research and collection of footwear. After a couple of different premises the Museum finally settled at its present location in downtown Toronto.
The Museum houses more than 12,500 shoes, spanning 4,500 years of history and various cultures and geographic regions.
As well as the amazing collection of shoes the Museum also organizes lectures, performances, and social evenings. It is estimated that approximately 10,000 students and teachers come through the doors every year on field trips.
Conclusion
Toronto offers prominent structures, cultural stimulation and is one of the safest densely populated urban cities in the world, an area full of diversity and social activity… and there’s even a place solely dedicated to shoes.
Dan Johnson, Managing Director, comments:
“Canada’s property prices have fallen 3.6% since last year, many commentators are predicting the market will stay resilient in comparison the steep falls seen in the US.”
For more information on Canadian Property in general please visit http://canada.themovechannel.com/
- ENDS –
Notes to editors:
TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 500 partner organisations.