Just a quick note to say ‘thanks.’ I had no idea there was so much to know about buying a condo. I could have made a serious mistake without your guidance. Thanks for taking care of me."
—September 21, 2017
Ground was broken last week for construction of the first phase of the Gorsebrook Park condominium development on South End Halifax’s Wellington Street, and the developer plans to launch the pre-sales for the second phase in mid October. Interest in the twin-wing building of eight and 10 storeys has been robust, with 75 percent of condo units in the first phase already sold. Remaining first phase units, bachelors to penthouse suites, are being offered at prices ranging from $234,900 to $739,900.
Overall prices for the second phase of the project are expected to be higher, with the top tier nearing $1 million. This is due in large part to the overall bigger size of second phase units, which will include 14 townhouse-style units on the ground floor, and some penthouse units on the eight floor that are expected to top 2,200-square-feet.
The Gorsebrook Park condo sales team has reported that buyers consist of a diverse group, including investors, single young professionals, first-time homebuyers, empty nesters, and young couples. Interest in the building is undoubtedly enhanced by its excellent South End location, and by how the 11.5-acre Gorsebrook Park essentially serves as the development’s back yard. A full slate of amenities helps, too. These include:
The Gorsebrook Park development is the second condo project undertaken by Toronto-based Urban Capital, which recently completed construction of the Southport condo/apartment building on Barrington Street.
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