While home prices in the GTA continue to rise, there’s an upside for those looking for something more affordable: other new developments in areas surrounding the city offer the same quality without the hefty price tag.
Manhattan Upper West Side, a mid-rise condo community in the heart of Barrie, is a perfect example of this phenomenon.
So let’s compare the difference: this month, new numbers released by the Toronto Real Estate Board found that prices in the GTA leapt 11.3 per cent from November 2012. The price of a condo unit in particular increased by 10 per cent to $385,968.
Compare this to Manhattan Upper West Side, just an hour north of Toronto, where condo units are priced from $165,990. Interested buyers can also bid farewell to stressful bidding wars and downtown traffic. With units ranging from 606 to 1,464 square feet, you’re definitely getting more for less.
Located at Ferndale Drive South and Summerset Drive, Pratt Homes’ latest community will house three 48-unit low-rise buildings. Not only will residents be surrounded by picturesque greenery, but they’ll have access to an outdoor amenity space and exercise area.
Each unit will also come equipped with top-notch features like deluxe cabinetry with laminate contoured countertops, double stainless steel kitchen sinks and a glass front entry door complete with an electronic security system.
For more information, call 705 733 0300 or email sales@pratthomes.ca
