Get more square feet for your dollar at Fairview Condominiums
By Lucas on Aug 18, 2016
Is it just a coincidence that condo prices are rising dramatically in Toronto’s downtown core while boutique condo developments in Niagara are gradually becoming more popular among young couples, investors, and downsizers? One development that has recently captured the attention of many buyers is Fairview Condominiums by Niagara Innovative Living.
Now that Fairview Condominiums is under construction, locals and prospective purchasers across the Greater Toronto Area (GTA) are taking notice. There are 27 suites in total and seven unique floor plans from which to choose.
Of course, the condo style is different than something you’d find in downtown Toronto and the neighbourhood has a different vibe, so it’s really not fair to compare Fairview Condominiums to a residence in a location like King and Spadina. But, if you’re looking to get more space for your dollar and you find the hustle and bustle of the core too overwhelming but you still desire a luxury condo lifestyle, then maybe you should be looking to Niagara for your next new home.
You really are getting more space for your dollar at Fairview Condominiums. The suites range from 943 to 1,222 square feet, and they’re all two-bedroom layouts except for the smallest suite, which is a one-bedroom+den. The starting price? $330,900. That’s right - you can get nearly 1,000 square feet for $330,900. And the largest unit is only $399,900.
That means you’re paying around $338 per square foot at Fairview Condominiums. Just earlier this month, Urbanation, the leading source for new condo market intelligence in Toronto CMA, announced that the average price per square foot for unsold inventory in the downtown core went up 7% to $724.
That’s more than double the price per square foot compared to Fairview Condominiums. You’re literally getting more than double the space for your money. This kind of value makes Fairview Condominiums a great option for young couples looking for more space and downsizers in search of their forever home.
The condo lifestyle is attractive to downsizers because they are likely selling a larger family home that required a lot of maintenance and they don’t have to worry about that kind of work in a condo. Plus, selling a spacious low-rise home and opting for a smaller condo unit is a great way to pad their retirement savings.
Fairview Condominiums makes a lot of sense because it doesn’t force downsizers into a 500 square foot unit just so that they can have money for retirement. It’s much easier for a couple accustomed to living in a 3,000+ square foot space to transition to a 1,000+ square foot space.
Visit Fairview Condominiums today!
Located at 16 Wood Street in St. Catharines, just minutes from the QEW, Fairview Condominiums is surrounded by a wealth of neighbourhood amenities, including grocery stores, banks, coffee shops, an LCBO, and Fairview Mall, big box stores and other shopping opportunities.
On the second floor of Fairview Condominiums, there is a recreation room with a kitchen and washroom. This space also doubles as a social lounge so you can host get togethers with friends, family, and neighbours.
If you’re interested in learning more about Fairview Condominiums by Niagara Innovative Living, register today or call 905-329-7449.
