For a couple of years now, I’ve been driving by these townhouses on the north side of Highway 26, directly opposite Georgian Peaks and at the new set of lights. For some reason, they never really caught my attention as there was no progress on the development but all that has now changed.
The project is a joint effort between Losani Homes, who have been building homes in southern Ontario since 1976 and, with Mountainview Homes who have building since 1979 in the Niagara Region. I gather the principals of one or both ski at the Peaks so that is the likely spark behind the project.
The model homes are now open and it was nice to view them last week during an agent open house. The floor plans were intelligent designs and the finishing was nicely done as you’d expect in the showcase units. The units had far more curb appeal from the entry side and wow – the mountain views from the units are simply spectacular!
There are 13 units either built or under construction in this first phase and all feature an oversized single garage, two storey unit and a full basement. Sizes range from 1630 sq ft (not including the basement) to 2065 sq ft for the largest model. Base prices range from $417,900 to $474,900 with basement finishing and upgrades easily bringing the price in over $500,000. Given what the older condos sell for on the grounds at the ski club across the road, this doesn’t seem out of line.
Here is the most significant detail. These townhouses are NOT condos. They are FREEHOLD ownership with no monthly fees. This is likely to excite a number of people however, there are also no architectural controls or ground rules for co-operative living in close proximity which can lead to disputes in future. Hopefully any owners will be reasonable folks with the likely connection that most will be skiers at Georgian Peaks.
The greater site has future phases that include both additional townhomes (sadly no bungalows are in the works) and, future single family residential with water views over shoreline greenspace. The builder is fully co-operating with the real estate community so if you would like further information, please contact me and we’ll get you everything you need.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg