East Gwillimbury and Caledon Selling Like Crazy

The Trimart Research Corporation’s latest report announced that the Total Market Area (TMA) saw 3,065 new low-rise sales in May 2015, which is the highest sales have been for the month since 2004. The majority of May’s success is due to very successful openings in the northern and western regions of the the TMA, particularly in East Gwillimbury and Caledon. Due to the highest sales figure in the last decade, inventory dropped about 4.7% compared to April 2015. BILD and RealNet also reported a short supply of new low-rise homes in the GTA.

Listed below are a few notable low-rise sites that had very successful opening months:

Creekside - via Sundial Homes

Placing first on this week’s Trimart Hot Spots report is Creekside, a very successful East Gwillimbury community by Sundial Homes. During the opening month of Creekside, there were 125 sales! The community features 32’ and 40’ detached homes, ranging from 1,348 to 4,233 square feet, with prices starting at $559,990. There’s going to be a lot of successful communities in East Gwillimbury this year, so if you’re thinking of making an investment, now’s the time.

Southfield Meadow - via Treasure Hill Homes

In second place, we have a Caledon community by Treasure Hill Homes called Southfield Meadow. During the opening month of this community, Treasure Hill made 120 sales. The community featured a wide selection of townhomes, ranging from 1,140 to 2,036 square feet. The biggest selling point? The starting price was in the upper $200,000s! It's no surprise that this community is currently sold out. Caledon has some amazing communities in the works, and Treasure Hill is offering a very competitive price point.

Coming in third with 76 sales in its opening month is Greenwich Village by Pratt Homes. This Barrie community is actually a low-rise condo and detached home community, with units ranging from 606 to 1,464 square feet. Again, we see another very competitive price point, with prices starting at $180,990. Barrie isn’t exactly condo central, but it also isn’t a stranger to condo living, so there are great areas in the city for new low-rise and even high-rise condos to be developed.

Woodland Trails - via Rosehaven Homes

The fourth position is taken by Woodland Trails, a new Oakville community by Rosehaven Homes that saw 59 sales in the opening month. Woodland Trails features a variety of home types from townhomes, to semis, to 45’ and 50’ detached homes, ranging from 1,880 to 4,057 square feet. Prices start $644,990 and range to over $1 million. Rosehaven is currently offering an incentive of $10,000 in decor upgrades, plus the 45’ and 50’ detached homes come with granite countertops, undermount sinks, and Level3 kitchen cabinets.

Woodland Trails - via Starlane

Placing fifth is Starlane Home Corporation’s offering at Woodland Trails in Oakville. Last month, they had 54 sales, so about the same as Rosehaven. Starlane’s collection also feature townhomes, semis, and 45’ and 50’ detached homes. The homes range from 1,668 to 4,056 square feet with prices starting at $589,900, and ranging up to more than $1 million. Starlane is also offering incentives for each home type. The townhomes come with $3,000 in upgrades, as well as three stainless steel appliances and a white washer and dryer package. The semis come with $7,500 in upgrades, and the 45’ and 50’ homes come with $12,500 and $15,000 in upgrades, respectively.

VAL - via Urbancorp

The final position on this week’s Trimart Hot Spots report is occupied by VAL, a new Toronto community by Urbancorp. This community saw 35 sales last month. VAL features detached (linked by garage) homes, ranging from 3,720 to 4,455 square feet. Prices start at $999,900.

All information courtesy Trimart Research Corporation.