Priced To Sell
The Next Big Market Boom: Fort Erie's Real Estate Revolution
Tue Jul 25 2023Description
The episode discusses the current state of Toronto's real estate market, highlighting the pre-construction market. It explores the Discovery project in Fort Erie and its amenities. The area's attractions and activities are also mentioned. Additionally, upcoming projects by Signature Communities are discussed.
Insights
High Demand for Pre-Construction Properties
Despite uncertainties in the market and interest rate hikes, there is still high demand for pre-construction properties in the Greater Toronto Area (GTA). Builders are offering attractive incentives to encourage buyers, providing an excellent opportunity for realtors specializing in pre-construction.
Protected Water View and Outdoor Space
The condos in the Discovery project have a protected water view, which adds value to the units. The balconies are larger than usual to promote outdoor activity and enjoyment, which is especially important during COVID-19.
Attractions and Activities in Fort Erie
The area where the condos are located offers a variety of attractions and activities, including downtown Buffalo, Crystal Beach, golf courses, restaurants, entertainment venues, and wineries. This provides residents with opportunities for recreation and relaxation outside of the big city.
Upcoming Projects and Amenities
Signature Communities has upcoming projects in various locations. The Discovery project in Fort Erie features amenities such as a well-designed lobby, rooftop terrace with barbecue area and party room, gym, private work stations, and a two-lane bowling alley. Sebastian from Signature Communities provides a personal touch to buyers.
Chapters
- Toronto's Real Estate Market
- Discovery Project in Fort Erie
- Attractions and Activities in Fort Erie
- Upcoming Projects and Amenities
Toronto's Real Estate Market
00:00 - 19:07
- The current state of Toronto's real estate market, specifically the pre-construction market, is discussed.
- There is still high demand for pre-construction properties in the Greater Toronto Area (GTA) despite uncertainties in the market and interest rate hikes.
- Builders are offering attractive incentives such as flexible deposit structures to encourage buyers.
- Realtors specializing in pre-construction have an excellent opportunity in the current market with attractive incentives from developers.
Discovery Project in Fort Erie
00:00 - 12:54
- The Discovery project in Fort Erie is highlighted.
- It is a 12-story building with 230 units and views of Lake Erie, the Peace Bridge, and Niagara River.
- Most units have direct access and views to Lake Erie and downtown Buffalo.
- The water view in Discovery is protected by a perk between the water and the building.
- The name 'Discovery' came from Sebastian's exploration of different parts of Fort Erie and discovering new aspects of the area.
- The condos have a protected water view, which adds value to the units.
- The balconies in the condos are larger than usual, with a minimum size of 110 square feet, to promote outdoor activity and enjoyment.
- Short-term rentals are allowed in the condo building through Airbnb or other platforms.
Attractions and Activities in Fort Erie
06:26 - 12:54
- The area where the condos are located offers many attractions and activities, such as downtown Buffalo, Crystal Beach, golf courses, restaurants, entertainment venues, wineries, and more.
- Having outdoor space is important, especially during COVID-19, as it allows residents to have a second home away from the big city.
Upcoming Projects and Amenities
18:52 - 25:28
- Signature Communities has upcoming projects in King City, Keel, King Road, Paulgrave, and Belleville.
- The lobby design of Discovery creates an enjoyable space for residents.
- There is a rooftop terrace with a barbecue area and a party room attached to a private dining room.
- Gym and private work stations are available for remote work.
- There is a two-lane bowling alley as a tribute to one of the partners who passed away.
- Sebastian from Signature Communities is hands-on and provides a personal touch to buyers.