CallDerek.ca

CallDerek.ca
Georgetown Ontario Real Estate. Derek Dunphy, REALTOR®

Saturday, January 8, 2011

New Homes Coming to Georgetown Ontario

While many cringe at the thought of Georgetown getting too big, development is inevitable. The rate of development, type of development allowed and location of that development is monitored closely by the Town of Halton Hills Council and Planning Department. Other environmental factors, such as availability of water also greatly impact development in Georgetown.




The 1200 SDEs allocated by the MOE were quickly released to developers in town that have had projects on hold awaiting more water to become available. Over the next couple of years you can expect to see new homes in various sites around town, and sales offices have already started to sell homes. Most builders have had tremendous success in Georgetown, and they have been anxious to get their planned projects back on track. A few of the sites you can expect to see soon include:

1. Menkes will be putting in a developmentof townhomes and semis in the old Upper Canada College land off Guelph Street on the east side of town: 118 SDEs allocated.

2. Fernbrook will continue their building in Georgetown South off Danby Rd, and the land adjacent to the new Holy Cross Church: 367 SDEs allocated.
3. Remington will continue their building on the east side of Georgetown South: 383 SDEs allocated.
4. Eden Oak is building a new townhome complex of townhomes off Main Street North near Downtown: 143 SDEs allocated.

If you're thinking about buying a new home, talk to Derek Dunphy first!  Quite often there is better value in a resale home, where improvements and upgrades may already be done, and hidden costs are kept to a minium.  Also, keep in mind that homes over $400,000 are subject the H.S.T.  If after some analysis you decide that buying a new home is best for you, Derek Dunphy will make sure you sell your existing home for the highest possible price!
Call Derek at 905-877-5165 today, or visit CallDerek.ca.