With new low-rise prices surging across the Greater Toronto Area (GTA), it’s become difficult to distinguish between $1 million homes and true luxury homes. One thing we know for sure is Coppin Forest Estates in Uxbridge by Oxford Developments is a true luxury offering.
In April 2017, the average price for a new low-rise home in the GTA was higher than $1.2 million, and the average for a detached home was more than $1.8 million, according to the Building Industry and Land Development Association (BILD). In the resale market, it’s common for teardown-homes to sell for $1 million just because of the small downtown Toronto lot. A decade ago, a million dollars equalled a luxury home, but it’s not the case today.
Oxford Developments has reached a new height of opulence at Coppin Forest Estates. The estates have up to three-acre lots in the heart of Uxbridge in the charming hamlet of Coppin’s Corners. The community is surrounded by forest, ponds, streams, and protected wetlands, so your natural landscape is there to stay.
Uxbridge in Durham Region is officially “The Trail Capital of Canada” because it features 220 km of managed trails, 8,000 acres of protected greenspace, and the Oak Ridges Trail and Trans-Canada Trail wind through the area. This makes Coppin Forest Estates ideal for active families who love hiking, cycling, and jogging. If there’s an equestrian in the family, they’ll appreciate the nearby stables. There are many opportunities for outdoor activities in Uxbridge!
There are also public and private golf courses nearby, including the Coppinwood Golf Club, which offers 357 acres of rolling terrain of varying elevations, bent grass fairways, blue grass, and fescue grass. This highly manicured course caters to all skill levels with five tee sets, so even if you’re not a golfer, you can feel comfortable starting out.
Uxbridge is surrounded by other booming markets, including Newmarket and Stouffville, as well as hot Durham areas like Whitby, Ajax, Pickering, and Oshawa. There is a lot of growth planned for Durham, making it one of the most highly sought after regions in the GTA for new low-rise housing.
Given the area amenities and breathtaking natural landscape, it’s not surprising that Durham real estate is heating up. In March 2017, the average Durham home price went up 42.5%. People are starting to call different areas in Durham “the next Oakville.” And like in Oakville, the resale market is starting to see multiple offers and heated bidding wars. Investors and growing families have recognized what Durham has to offer!
Register for Coppin Forest Estates
Oxford Developments will be opening Coppin Forest Estates soon. Register today to receive an invitation to the private opening before the grand opening to the public.
Defining “luxury” in the GTA has become a challenge; at Coppin Forest Estates, the homes are clearly built to a higher standard. Don’t miss this opportunity to own a true luxury home in the GTA.