Archive for the 'Condominiums' Category

Look at what happened to prices in this Blue Mountain condo development in just two years!

Look at this chart.  These are the sale prices of units that have sold in Mountain Springs Resort near Blue Mountain over the last two years.  All are the same size (737 square feet) although there are some variances in condition of a unit or the views they may have.  Nonetheless, they are pretty similar. […]

How much does an extra bedroom cost you in a condo at Blue?

Before you decide to buy a unit with an extra bedroom for the kids who come and visit twice a year, you may want to see if it makes financial sense. Here is a look at the 2016 condo prices In Collingwood and Blue Mountain.  (Good conversation starters at your next Apres Ski soiree too!) […]

Buying an Investment Condo at Blue Mountain

So many people suddenly seem to be interested in buying an investment condo at Blue. Most people I talk to are looking for something they can rent out as a recreational unit in or around the Village at Blue Mountain. I’ve written a number of blog posts on this topic such as this 4 part […]

Condo Buying: Consider the 3 Ps.

While completing an educational course on Condominiums recently, the lawyer conducting the webinar said that in addition to the usual concerns and characteristics of a condo purchase (the unit, common elements, amenities, lifestyle, restrictions, etc.), there are “3 Ps” that should be taken into consideration when purchasing one: The Three Ps of Condos P #1 […]

The Shipyards in Collingwood Development Is Underway Again

After sitting idle for the last 4 years, it is exciting to see development at The Shipyards in Collingwood underway again.  This award winning project started sales back in 2010 but stalled in 2012 due to the need for financial restructuring.  By that time, all of the product had been sold but demand continued to […]

Attention Collingwood Real Estate Investors and Home Owners: Here’s is what’s happening with local house prices

People ask this question all the time and really, it is very challenging to answer how much the market has gone up or down at any given time.  Statistics are a tricky thing as there are too many ways to interpret them.  But I’ve noticed something interesting. Our real estate board reports 12-month average sale […]

Mountain Springs Resort: A Blue Mountain Investment Condo Option and How It Works

Mountain Springs Resort is a 144 unit, slope side development at Blue Mountain that is located next to the Toronto Ski club with direct access to the north chair.  It’s still possible to buy units for under $100,000 here so I do get a number of enquiries about this project as you can imagine. Units […]

Balmoral Development in Collingwood to Offer Age-In-Place, Adult Lifestyle Community

The new Balmoral development in Collingwood’s west end has broken ground as the site is prepared for servicing.  The development is billed as an “age-in-place” lifestyle community for those adults who are 55 and over. The master plan for the community includes five different aspects of housing choices as well as an 8000 Sq. Ft. […]

Predictions for the 2016 Collingwood and Area Real Estate Market

O.K., I did it. I mustered up my courage, held my breath and took a look back at what I said twelve months ago about my predictions for the 2015 real estate market. You can read that post here. Hooray! My record remains intact once again and hey, I’m getting pretty good at this predicting […]

Collingwood – Blue Mountain Condo Market Recap for 2015

If you’ve been thinking about either buying OR selling a condominium in the Collingwood or Blue Mountain area, this post’s for you. Condominiums, both residential and recreational, are a very significant part of our market here in South Georgian Bay. They represent close to a quarter of all sales in our total area with 88% […]

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