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Is Bayview Tower THE place to be? (Or Is Bayview Towers the new Black?)

Posted by Sherry Rioux on June 22, 2015
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Rec Centre

Rupert’s Landing Rec Centre

Rupert’s Landing is situated on 18 acres of prime waterfront property, with 156 townhouse units and 51 Bayview Tower units.  Amenities include a 4-acre water lot marina, private beach/swimming area; 6000+ sq.ft recreation centre with indoor pool, squash court, games room for youths, social room and activities for adults, and a workout room; outdoor tennis courts, shuffleboard, playgrounds, jogging trails and a full time recreation director.

Bayview Tower is a 10 floor, highrise building with outstanding views of Blue Mountain and Georgian Bay, located within this gated bay-side condo community.  The 26 year old apartment-style condo building has recently had a facelift and renovation, and offers residents a controlled entrance, access to Rupert’s extensive amenities, underground parking and lockers.

Despite the many great features it has to offer, sales have been somewhat lacklustre through most of the building’s history.  Until 2014.  Sales pre-2014 have been typically 1 or 2 per year in this building, with an overall average of 2 – 3 sales per year if you take into account the last 15 years.  In 2014, there were 9 sales reported through our local MLS® system.

Chart Bayview Tower Sales
What fuelled this significant uptick in sales?  Well in addition to the outstanding amenities, the building has settled any ongoing legal disputes which took place in it’s past, and, it has completed it’s renovation of the hallways and lobby, the result of which is modern and welcoming.

So far 2015 has seen two sales already in the Tower, and there are currently two units listed for sale.   The scuttlebutt around the Real Estate community is that buyers are still clamoring to explore living in Bayview Towers.  Time will tell.

 

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