February 8, 2011
Phase I of MarketTown Condominiums [map] by Mady Development Corporation and PenEquity Realty Corporation is more than 75 per cent sold and the strength of sales has encouraged people working on the project to move forward the launch date of the next phase.
Phase II is now set to go on sale this upcoming Saturday, February 12.
The Barrie-area development wisely made value the core of its pitch. Why pay rent, it was asked, when you can own for about the same monthly cost? It’s a good question, and one which buyers of all ages have asked themselves.
According to Chuck Mady, president of Mady Development, the project has been equally popular with first time buyers eager to start creating equity, growing young families, and empty-nesters fed up with the headaches of owning a house (headaches that include shoveling snow):
“We listened to what Barrie area buyers said they wanted and delivered a project that matched their wish list. The result has been a phenomenal success story.”
MarketTown was designed by Turner Fleischer Architects and will consist of twin 6-storey mid-rises. The soon-to-be-on-sale second phase will add 103 suites to the 97 suites included in Phase I.
Much like the project-at-large, the amenities sound like they’ll appeal to a broad demographic. They include a fitness room and a separate yoga/pilates space, a billiard room, a theatre, a library and a party room with an outdoor terrace.
For more information, check out the MarketTown Condominiums Presentation Centre at 319 Cundles Road East in Barrie. Or click here to check out their website.