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Neighbourhood Watch: Niagara

In Niagara, the Falls are just part of the appeal

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In Niagara, the Falls are just part of the appeal

When people think Niagara, they often think only of the Falls themselves, those natural wonders to which a visit never seems to grow old.

But beyond the awe-inspiring beauty and power of the Falls and the Niagara River, Niagara Region offers a lot more that’s worthy of just a weekend getaway.

Encompassing towns such as Grimsby, Lincoln, Niagara-on-the-Lake, St. Catharines, Thorold and Welland, the Niagara Region is blessed with a great natural location. It occupies most of the Niagara Peninsula, bounded by the U.S. to the south and on the north by Lake Ontario, and of course the Niagara Escarpment – all of which offers strong potential for business and lifestyle choices.

These natural landscapes and climate make the Niagara Region perfect for agri-business such as winemaking – a key economic sector. The Niagara Wine Route, connecting dozens of wineries, is a growing tourism draw to complement cultural events such as the Shaw Festival.

Indeed, a visit to the area can involve a stop at the Falls, winery tours, the quaint town of Niagara-on-the- Lake, the Botanical Gardens with its Floral Clock and Butterfly Conservatory, several championship golf course and a growing casino industry in downtown Niagara Falls.

But this is all for play. To live and work in the region is another matter.

Economic growth

Again, a blessing of location, Niagara is within 800 km of two provinces, nine states and 130 million people on both sides of the border. This means opportunities for business. The trade that flows across Niagara’s borders totals more than $100 billion annually, and supports hundreds of thousands of jobs across Canada and the U.S. The infrastructure network to support this trade activity comprises five international bridges, multiple railways and the Welland Canal, linking Lake Erie into the St. Lawrence Seaway system.

All of this is conducive to growth potential for the region’s manufacturing and transportation and logistics sectors, to complement the historical strength in agriculture and tourism.

Niagara’s economy has shown steady growth in a number of areas, particularly in job creation and new investment, but still lags slightly behind Ontario averages. The Niagara economic development department confirms the area still has challenges in higher unemployment, lower participation rate and lower household income per capita.

But that’s changing. In 2018 alone, Niagara had $1.7 billion in construction investment. From 2015 to 2018, such investment grew by 56 per cent in Niagara, compared to 19 per cent for Ontario overall.

New home development

As the economy grows and affords people more opportunity to live and work in Niagara – or close by – new-home development is following.

Much of the housing growth is in the lowrise category, as buyers from the GTA find the lot sizes and price points far more appealing and affordable.

According to the latest Royal LePage House Price Survey, aggregate home prices in St. Catharines-Niagara were $418,673 in the second quarter of 2019. This is up 3.2 per cent per cent from the same period last year.

Given the popularity of condominiums as a lifestyle choice, growth in this category is on its way. Homes by DeSantis, for example, has condo projects underway in both Grimsby and Stoney Creek. And Urbane Communities is building Marbella Condominium in Niagara Falls.

Location, location, location

A regional municipality in Southern Ontario comprising 12 municipalities such as Grimsby, Lincoln, Niagara-on-the-Lake, St. Catharines, Thorold and Welland; 130 kms from Toronto; 86 kms from Hamilton.

Key landmarks

  • Botanical Gardens
  • Casino Niagara
  • Clifton Hill
  • Niagara Falls
  • The Niagara Wine Route
  • Welland Canal

Select condo developments

Marbella Condominium by Urbane Communities

Utopia Condominiums by New Horizon Development Group

AquaZul by Homes By DeSantis

Como Condos by Homes By DeSantis


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Bridgewater Residences On The Lake

Bridgewater Residences On The Lake

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Bridgewater Residences On The Lake

Rise above it all at New Horizon’s highly anticipated condo on Burlington’s waterfront

Burlington’s beautiful waterfront will be forever transformed with the on-going development at the greatly awaited Bridgewater Residence on the Lake.

New Horizon Development Group, a proven leader in Southwestern Ontario for building communities with picturesque settings, savvy design and high quality craftsmanship, is offering something truly once-in-a-generation on the Burlington waterfront. Full construction began in Spring 2016 when New Horizon Development Group broke ground at the highly anticipated ground breaking ceremony. What once started as a vision will soon become a reality for those who will call Bridgewater home.

With over 80 per cent of the development sold, those who are looking to call this magnificent waterfront setting home have the opportunity to experience the height of luxury at Burlington’s most prestigious address. Amongst the available suites, only two breathtaking penthouses remain at Bridgewater Residences on the Lake. Each of these units features over 3,000 square feet of space, three bedroom plus den, and four balconies with unobstructed views of the lakefront. It is truly a taste of luxury few have ever seen.

“Luxury in the sky is the best way I can describe this special opportunity to reside in a place that truly has it all,” says New Horizon’s president, Jeff Paikin. “Size, space and uncompromising quality inside, with a view and lifestyle offering unmatched in this marketplace, make this truly a once in a generation opportunity to live on the spectacular downtown Burlington waterfront.”

Nestled along Lake Ontario, in the heart of the city in arguably Southwestern Ontario’s finest location, Bridgewater Residences is a destination community for those seeking luxury and lakeside living at its finest. Bridgewater Residences on the Lake presents a 22-storey residential condominium paired with a 7-storey boutique residential condominium, offering a never-before seen standard of luxury in the City of Burlington. The two landmark buildings will include 11,000 square feet of ground-level convenience commercial space, complimented by a four-star hotel. Residents will have access to limitless amenities such as a state-of-the-art fitness centre, entertainment lounge, indoor pool, a 3,000 square foot ballroom, executive boardroom-style meeting rooms, full-service restaurant, concierge services and 24-hour room service.

To further enrich the lifestyle, each element of these luxurious residential condominiums is designed with sophistication and elegance by internationally recognized designer Brian Gluckstein.

Bridgewater Residences provides all the advantages of luxurious and convenient condo living in the finest location, the Lakefront in Canada’s best mid-sized city. Conveniently located within walking distance to an abundance of local amenities, including Spencer Smith Park, the Waterfront Trail and the new and improved Joseph Brant Hospital, Bridgewater truly provides a relaxing and care-free lifestyle. Additional transportation options include easy access to the QEW, 400 series highways, GO Stations, and two international airports within an hour’s drive.

While building continues, suites in Bridgewater Residences continue to sell. The award-winning presentation centre, which was originally situated on development property, was downsized and relocated.

An attractive selection of suites still remain, most with spectacular unobstructed waterfront views. Now is the time to determine that Bridgewater Residences on the Lake is the next place you should call home.

Visit the new Presentation Centre, located at 439 John Street in Burlington. For further information or to book an appointment, contact Sonya or Brad from the Bridgewater sales team or visit the website.

(905) 681-3300
BWResidences.com
sales@bwresidences.com


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