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Debut Condos

New condo set to Debut along Barrie waterfront

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New condo set to Debut along Barrie waterfront

Debut, a new condominium, is coming soon to Barrie’s downtown waterfront, from artist and real estate developer Gary Silverberg.

Comprising two 33-storey towers, Debut is the first highrise condo in Barrie and Simcoe County.

At Debut’s base will be curated retail shops and a pedestrian arcade serving as the gateway to the waterfront, marina, farmer’s market and transit.

Debut’s location at Dunlop Street and Mary Street is steps from the lake, retail and restaurants. It is also close to Hwy. 400, the Allandale Waterfront GO Station, other shopping and dining options, Georgian College and more.

“The city is becoming very cool, with one of the best waterfronts,” says Silverberg. “Barrie wants a booming downtown core, and (the City) saw the logic in what we were proposing. Everything has been a collaboration.”

With 42 years of real estate experience, Silverberg understands how areas gentrify. He notes how shopping is shifting from big box stores, as Millennials look for more authentic retail.

“(Barrie) has cool retail and restaurants, and when retail starts to get cool and hip, it’s on its way,” says Silverberg. “I always believed there would be a swing away from Toronto, and Millennials would be coming to Barrie. It’s happening a lot faster than we thought.”

World-class architects (Oleson Worland Architects and Scott Shields Architects) and leading-edge designers (Johnson Chou) have created Debut with great attention to detail.

The building towers twist to maximize views of the waterfront, and offer an extensive selection of suites with state-of-the-art finishes, European kitchens and spa-inspired bathrooms. Flexible designs maximize space and allow for multiple uses.

The residences are expected to appeal to a wide range of buyers, from first-time buyers to downsizers.

Project marketing is from Mark Cohen, managing partner of The Condo Store, Toronto.

“The building is modelled after the lifestyle in a place like Whistler,” says Silverberg. “Instead of a mountain at your door, you have Lake Simcoe.”

debutcondos.com


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From one strong year to another

From one strong year to another

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From one strong year to another

The days are shorter, we wake up and go home in the dark, snow is often on the horizon, and the holiday season is now behind us. And, yet again, the seven-year cycle is defied; year 22 of the real estate cycle has come and gone. The market remains great for buyers, as the choices are out there and buying remains the right choice for those who can.

Indeed, 2019 was another strong year for the condo market. Even as new condos have increased in price in recent years, they still remain a more affordable option than detached homes, which remain somewhat scarce and pricey.

However, navigating throughout the GTA remains a challenge, given traffic and transit issues, and looks like it will for a while. New subway lines and public transit – both very necessary – are great, but these infrastructure improvements can’t come fast enough to keep pace with the new home and condo demand.

Despite these challenges, 2019 is highlighted by stories of very strong sales in the condo world. Downtown Toronto, Vaughan, midtown and some impressive new projects throughout the 905 region and beyond are set to rise soon. The market keeps growing.

In 2019, the housing market overall continued to rebound, as prices settled into place and buyers took advantage. Townhomes and urban (stacked) townhomes became a more prevalent housing type, as they appeared throughout parts of the GTA and were well received by new-home buyers.

One particular success story in this market segment, in a neighbourhood close to my North York roots, is Sheppard West. Steps from the Sheppard subway, a new community known as Greenwich Village will be taking shape next year. A dozen or so bungalows that front onto Sheppard will soon be demolished, welcoming approximately 150 new urban and traditional townhomes offering top-of-the-line finishes, two- and three-storey homes offering two- and three-bedroom variations, starting in the $700,000 range, a fraction of what it costs to buy a resale home in this established neighbourhood.

Concrete construction, flexible home designs and clever architecture make this new community a very special place to be, and what will undoubtedly be an important addition to a neighbourhood that should continue to appreciate. Just the right opportunity at the right time, something that allows people to stay in or come to a valuable neighbourhood at an attractive price. Something we dearly need throughout our desirable city.

Mark Cohen is a founding partner of The Condo Store Marketing Systems, a firm specializing in the design, marketing and sales of condo and new home communities in and outside of the GTA.


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