Trimart: Low-Rise Sales to Stay Strong Through September

As of the end of July, the top three cities for new low-rise sales are Brampton with 2,308, Oakville with 702, and Kleinburg with 550, according to Trimart Research Corporation. Trimart credits the number of new openings and releases through summer for the higher than expected sales. It looks like the low-rise market’s hot streak will continue through September, with 23 new openings scheduled and many new releases on the way.

Listed below are a few notable sites of the past month:

Placing first on this week’s Trimart report is Lakeside, a Brampton project by Empire Communities, which achieved 27 sales in the last month. Lakeside features detached homes on 38’ lots, urban semi-detached homes, and townhomes. Sizes range from 1,254 to 3,211 square feet, and prices are starting at $349,990.

Taking second place, with 20 sales last month, is Imagine, a Scarborough community by Insoho Developments. At Imagine, Insoho is offering a selection of urban townhomes with sizes ranging from 477 to 962 square feet. Prices are starting at just $179,900.

Coming in third this week on Trimart’s report is Mattamy Homes’ The Preserve in Oakville, which achieved 19 sales last month. The Preserve features detached homes on 34’, 38’, 45’, and 50’ lots, as well as townhomes. Sizes range from 1,076 to 4,242 square feet, and prices are starting at $349,990.

Fourth place is taken by Westown, a Toronto community by H&R Developments with 10 sales last month. Westown features semi-detached homes with sizes ranging from 1,731 to 2,123 square feet. Prices are starting at $529,900.

Placing fifth, with nine sales last month, is Impressions, a Kleinburg community by Fieldgate Homes. Impressions  offers a wide selection of home styles, including rear lane townhomes on 20’, 23’, and 28’ lots, homes attached at the garage on 28’ lots, as well as detached homes on 30’, 38’, and 44’ lots. Prices are starting at $484,990.

All information courtesy Trimart Research Corporation.