Low-Rise Market Picking up Steam
By Lucas on Nov 12, 2012
Despite the slowdown in the high-rise market, low-rise sales sites in the Greater Toronto Area have really started to pick up steam, according to this week’s Trimart Report. Sites all over the Toronto CMA, from Brampton to Whitby, have been successful over the past few months. It’s interesting to see how these sales move into the winter months.
Below is a list of some of the prominent sites of the last month:
Leading off this week’s Hotlist is Churchill Woods, a new development by Starlane Homes. Churchill Woods features 1,915 to 2,310 square foot townhomes, with prices from $529,900. It also features semi-detached homes, ranging from 1,612 to 2,238 square feet, priced for as little as $549,900. Finally, it features detached homes on 38' lots, ranging from 2,110 to 2,728 square feet, priced from $739,900. Located at the corner of Thomas and Tenth Line, Churchill Woods was very successful in its grand opening month, witnessing 115 sales.
Second on the Trimart Hotlist is Fieldgate Homes’ entry at Upper Unionville, one that saw 105 sales last month. Upper Unionville features semi-detached homes on 24' and 28' lots, starting at $629,990, and detached homes on 34' to 42' lots, ranging in size from 1,925 to 3,307 square feet, with prices starting at $689,990.
Third on the Hotlist is the Kettle Lakes Club, a new project by Aspen Ridge Homes, one that had 84 sales in its opening month. Located at the corner of Bayview Ave. and Bethesda Side Rd. in Richmond Hill, Kettle Lakes Club offers townhomes ranging in size from 1,640 to 2,142 square feet, priced from $517,990.
Fourth on the Trimart Hotlist is Windows on the Green, a new project by Vandyk. Located at Erin Mills Parkway, just south of Dundas Ave. West, Vandyk achieved 77 sales in its opening month. Windows on the Green features Urban Townhomes, ranging in size from 615 to 1,200 square feet, priced for as little as $274,990.
Fifth on this week’s Trimart Hotlist is Copper Hills, a new project by Starlane Homes. Located in Newmarket, Copper Hills witnessed 17 sales in its opening month. Copper Hills offers Urban Townhomes, ranging in size from 615 to 1,200 square feet, with prices as low as $274,990.
