Wealthy foreigners are buying ultra luxury new Condos in Toronto like the residences at the Ritz-Carlton, Trump Tower, and the Four Seasons. Most of these Condos are selling for over $1000 per sq. ft.

The demand for five- star hotel/condo residences  in Yorkville and downtown are enhancing and renewing Toronto by the facilities these projects themselves offer and by the other restaurants and bars that will soon compliment them.

Bloor Street West between Yonge and Avenue Rd. is an example of the new development of luxury designer stores and boutiques that will eventually satisfy the demand for these new residents.

This urban renewal continues with the remodelling and expansion of the Royal Ontario Museum, the Gardiner Museum, the Art Gallery of Ontario and the exciting new, Four Seasons Centre For The Preforming Arts.

Foreigners are now finding Toronto is an excellent city to diversify their assets away from the US-dollar and this will greatly help the developmental growth of our city.