It takes a lot of guts for a developer to proceed with plans right now. I imagine many projects will go on hold over the winter as the real estate market lies as dormant this season. But others seem prepared to go ahead.
One such developer is Brandy Lane who is the force behind the new Mountain Trails project located on the western edge of Collingwood beside Cranberry Village.
At a recent luncheon to launch the project, we met the Brandy Lane team and I will say, I was impressed by the professionalism displayed. President David Hirsch expressed confidence in the local market and, he has clearly put a top-notch team behind him.
The plan calls for the development of 136 “mountain” townhomes over 3 phases on a 10 acre site near the new Tanglewood project. The townhomes will range in size from1,600 to 2,100 square feet and are billed as Canada’s first “Smart Home” neighbourhood complete with smart-wired units for remote monitoring, security, climate control, lighting control, and house-wide data and video sharing. The units are all designed with three levels plus an attic and include garages.
All of the townhomes include as a standard: Great Rooms with wood-burning fireplace; gourmet kitchens with stainless steel appliances, chef’s island and granite countertops; full-size dining rooms; masters with cathedral ceiling and spa ensuite; slate entries, rain shower heads, central air conditioning, engineered hardwood flooring; finished attic storage. Prices start at $299,900 and on-site amenities will include a putting green and outdoor pool.
The theory held by Brandy Lane is that their target market will be 40-55 year olds looking for a four season recreational home with lots of bells and whistles at a reasonable price. I’m not sure I agree as the trend for condominium buyers in the last few years has been toward retirees looking for bungalows suitable to full-time living. I suspect that multi-level units such as these will not be as popular. Time will tell if Brandy Lane has identified the right buyer and so far, there have been 2 firm sales.
Over-all, I like the location, planned finishings and concept for this project. While I’m not convinced that multi-level designs will be as popular as they think, for the right buyer, this project does offer good value for your dollar. The presentation sales centre is due to open mid December and, Brandy Lane has also wisely chosen to deal with local REALTORS® so feel free to give me a call if you would like additional information.
When it’s time to buy or sell real estate in the Collingwood, Blue Mountain or Georgian Triangle area, contact Marg, an experienced and competent Broker who’s ready whenever you are!