On the hunt for a new detached home but Greater Toronto Area prices got you down? Then you should check out High Pointe Meadows in Fort Erie by Marina Homes!
According to the Building Industry and Land Development Association, the average price of a new single-family home in the GTA was still above $1.1 million as of the end of June 2018. This is unaffordable for many buyers looking to move-up into a low-rise home with more space to grow their family.
It’s not just young couples and small families looking for more space – baby boomers are on the hunt, too. According to a recent survey, 20% of baby boomers in Ontario are looking to buy a home in the next five years, and only 46% are considering downsizing into a condo. That means there are thousands of boomers out there looking to stay in a single-family home through retirement.
“Don’t count them out yet – baby boomers will impact Canada’s housing market in a big way in the coming years, as another 1.4 million of this large demographic are expected to sell and buy real estate between now and 2023,” says Phil Soper, president and CEO, Royal LePage, in a release. “While the wave of older consumers will increase competition for condominium property in particular, there is no single type of home that boomers will be investing in.”
“Our research does indicate that smaller cities and recreational areas will attract more investment than major cities,” adds Soper. “This large segment of the population views our big cities as generally unaffordable for retirement purposes.”
At High Pointe Meadows, the 40’, 50’, and 60’ detached homes come in two-storey and bungalow models, with prices starting in the low $500,000s! Whether you’re moving up or downsizing, this Marina Homes community has options for you.
Located in the heart of Fort Erie, minutes from the QEW, the U.S. border, and Lake Erie, High Pointe Meadows is surrounded by convenient neighbourhood amenities. There are many parks, the waterfront, beaches, shopping in the U.S., as well as grocery stores, banks, gas stations, coffee shops, and pharmacies. Also, High Pointe Meadows is nestled next to the Fort Erie Golf Club!
Visit High Pointe Meadows in Fort Erie
High Pointe Meadows by Marina Homes is now selling! Sales have been going strong, so you should definitely visit the community sooner rather than later.
The presentation centre and model home are located at 1154 Green Acres Dr., Fort Erie, just off the QEW. Visit anytime Wednesday to Friday from 12 pm to 6 pm or on the weekend from 12 pm to 5 pm.
You can also call 289-321-2350 for more information about the available homes.