Stonebrooks new condo offers reasonably priced housing nestled along the shores of Georgian Bay
The GTA’s affordable housing problem is not just affecting first-time buyers. Empty nesters and retirees, as well as those simply looking for an upgrade, are finding it more and more difficult to enjoy the offerings of Toronto’s urban living without breaking the bank.
The good news is that there does seem to be a solution on the horizon.
Homebuyers in growing numbers are looking to the myriad towns that surround the GTA for reasonably priced housing that does not compromise on luxury and lifestyle.
A town like Collingwood, nestled along the shores of Georgian Bay, is just ninety minutes from Toronto’s work and play district. The town itself is enjoying a cultural revitalization, with gourmet restaurants, museums, and boutique stores now dotting the downtown. And with the development of real estate projects like Monaco Condominiums, high-end living is also within reach.
“Sixty per cent of our buyers so far are from the GTA,” says Monaco’s president, Remo Niceforo. “Monaco provides them with the amenities and living space that they desire, but at a real value for their money.”
The six-storey, 127-unit Monaco property is scheduled for occupancy in late 2020, with unit prices ranging from $369,000 to more than $2-million. Monaco offers residents plenty of choice in suite design, with one-, two- and three-bedrooms units.
All suites boast 10-foot ceilings, with detailed Italian cabinetry and engineered hardwood among many other features. And luxury living abounds with the three Signature Penthouse Suites to be exclusively released soon. These stunning boast 13-foot ceilings, private rooftop terraces and pools.
“Imagine being able to overlook Blue Mountain from the comforts of your very own pool,” says Niceforo. “You can have a sophisticated and elegant lifestyle at Monaco and still be steps away from some of Ontario’s best water and leisure activities… all year round!”
Collingwood really is a four-season wonderland, with boating, hiking, fishing, skiing and snowboarding at your doorstep. The options are endless for adults and young kids alike. And parents surely enjoy the small-town feeling that Collingwood has maintained, as last year’s census numbers rank Collingwood as one of the fastest growing communities in Canada.
“We are excited to provide big-city lifestyle and amenities in the heart of downtown Collingwood,” says Niceforo. “But Monaco is committed to upholding the small-town charm that distinguishes this historic area.”
Developments like Monaco Condominiums, in towns like Collingwood may indeed offer the solution for homebuyers hoping for a luxury lifestyle at a fraction of the price.
To that end, Stonebrook brought A. J. Tregebov Architects on board, to design Monaco such that it would fit seamlessly within the town’s surrounding heritage buildings and aesthetic. As a result, Monaco Condominiums is certain to become a downtown Collingwood landmark.
Bylaws regulating development make it nearly impossible to produce another project such as this one, says Niceforo. Monaco Condominiums is located at Hurontario and Hume Streets and is located on the only lands designated for condo development in the town’s Heritage Conservation District.
Visit the Presentation Centre, located at 25 Huron Street. The Presentation Centre and professionally designed model suite are open from noon to 6 p.m. Monday to Friday, and from noon to 5 p.m. weekends; closed Tuesdays.