But the condos on offer at Horseshoe Copeland House aren’t just great in the summer months. With a myriad of activities for each season, Skyline’s whole-ownership condominiums are just as appealing with a foot of snow surrounding them as they are with swaths of green grass.
There’s no need to be skeptical about the presence of condos in the 705 area. As Mark Cohen, a founding partner of the Condo Store, notes “The recent introduction of whole-ownership condominiums at Horseshoe Copeland House has met with tremendous success from both investors and buyers who intend to live at the resort during all or part of the year.”
“This indicates a trend that I see gaining steam as people look outward from Toronto and beyond.”
Mark sees the outward migration of condo buyers continuing into the 705. What was first popular in the 416 spread into the 905. The next logical step in the 705.
But does investing in a resort property like Horseshoe Copeland House make financial sense?
“Because tenants have access to an incredible number of resort amenities, owners can command much higher rents,” Mark explains.
“For example, a rental suite at Copeland House might rent for 60 per cent of the year and still bring in the equivalent of $2 per square foot for 12 months — a fairly safe bet when it comes to investing for financial and/or lifestyle reasons. And with advancements in technology, more people are choosing a resort as their main residence. They can work from home with access to clients all over the world while living in idyllic surroundings.”
Sounds pretty reasonable! Especially when residents will have access to 52 activities right in their backyard. With skiing and snowshoeing in the winter and golf and treetop trekking in the summer, it’s an ideal spot no matter what your outdoor activity preference may be.
The 705 is beginning to thrive and Horseshoe seems like a great opportunity to get in on the ground floor!