Current Status: The Collingwood Shipyards
It’s not surprising that sales have been brisk in the Collingwood Shipyards development downtown. With a strong market, low supply and high demand from buyers wanting to live in the area, this development has proven to be very popular in the last couple of years.
The current phase where the model home is located is constructed and the phase after that is also sold out. The units are all bungalow townhomes with garages – exactly what the market here has been demanding and too few developers have understood in the past. It’s also an awesome location on Georgian Bay and situated right in the downtown of our great little town.
Currently, the next phase to the east, beside and in front of the existing Side Launch building, is being sold for occupancies next year. There are just 6 or 7 units left as I write this ranging in price from $699,000 to $809,000. Units range from 1770 sq ft to just over 2200 sq ft plus basements and garages with back lane access. You can view the floor plans here.
The next phase, directly behind the LCBO, will differ in design with the release of 11, three-storey townhomes with elevators, water views and garages. The architecture is planned to be industrial in design and similar to what you see today in the Side Lunch building to the north of the site. Pricing and designs are expected to be released in April with occupancies slated for 2020.
Upon completion of the above, there are only two parcels remaining on the site for future release.
We’re proud to say that the development is being represented by our RE/MAX office. If you are interested, give me a call and we can go visit the model together to see which options may be best for you.