If you are contemplating buying a condominium in the Collingwood - Blue Mountain area, you owe it to yourself to visit Lighthouse Point.
This very popular development sits on about 100 acres with a mile of Georgian Bay shoreline on the west edge of Collingwood. Construction began in 1989 with the last of the roughly 500 units completed last year. In 2002, developer, Rupert Bronsdon was named builder of the year by Canada Mortgage and Housing Corporation - an award well deserved for this quality project that elevated the standard for all such projects to follow.
Lighthouse Point is beautifully landscaped right from the appealing entry complete with waterfall through to the 10 acre nature preserve with boardwalk and the variation of trees and vegetation through-out the area. Over the years, it has been so well-maintained.
Aside from it's location and quality, Lighthouse Point offers residents the widest range of amenities available in such a project with access included in the condominium fees through shared-facility agreements. In addition to the trails, there are two beaches, a children's playground, 9 tennis courts, 3 heated, outdoor pools, a putting green and the best of all - a 16,000 square foot recreation centre with an indoor pool, social rooms, games room for the kids and exercise centre. There is also a 275 berth, private marina that accommodates boats up to 45 feet.
There are a variety of prices and floor plans available in the project ranging from small, stacked ski condo's to garden homes complete with garages. There is a 3 storey, low-rise apartment with elevator and underground parking as well as spectacular waterfront units with prices that have topped the $1 million mark. Older, one bedroom condo's on the resale market have been around the $140,000 mark.
This week, I listed a terrific two bedroom garden home. Coincidentally, this is the second time as I sold this same unit years ago - I AM getting old! It is an upper level unit that has a party sized deck spanning over two garages below. The current owner installed gorgeous hardwood floors, upgraded fixtures in the two full baths and installed great appliances such as a Bosch dishwasher and stainless steel fridge. One of the things I found rather interesting is that she had an ecoEnergy audit performed and the rating was excellent for a condominium and especially one built prior to the current building code. The unit includes a garage, air conditioning, a wood-burning fireplace and it overlooks trees and beautifully landscaped areas; a good value at $254,900. It's perfect for a week-end getaway or, as a full-time home for one or two.
Generally, there are 25-40 resales each year. Units that are properly priced and well presented almost always sell n this development and on average, have sold at about 97% of their asking price.
I have to tell you, the Lighthouse Point development in Collingwood is one of my favourites. I know it very well because over the years, I've had three family members live there and, have had many clients purchase, sell, trade and upgrade there. I'd love to show you why.