Squamish Development Update- May

Posted on by Meghan

non-resident-buyers

There is more inventory coming on the market this May with the much anticipated Seven Peaks launching pre-sales on May 16th and downtown’s Cleveland Gardens now selling one and two bedroom condos in the heart of downtown Squamish. As prices continue to creep up in Squamish the additional inventory is in strong demand. Currently we are seeing a healthy supply of townhome inventory for sale, slowely shifting to condos as there becomes more demand at the lower end of the market.

Those in search of the perfect lot to build will also be happy. Single family home lots in University Heights, University Highlands and possibly off Brennan Rd in Brackendale may be just around the corner.

Here is the latest development news for Squamish this May.

Seven Peaks

seven-peaks-squamish

For those of you interested in the Seven Peaks development the wait is almost over! At a Realtor briefing the developers, Polygon, announced that they will be open for previews as of May 13th at noon. The townhomes will then go on sale on Tuesday May 16th. Pricing has yet to be announced however it is confirmed prices will start in the $600’s not $700’s. Completions will commence end of August with all tonwhomes complete by spring 2018. To request a preview package with siteplan, floorplans and features contact us.

**UPDATE** The first released townhomes at Seven Peaks sold out in minutes (with many people camping overnight to guarantee one). Another two blocks were released on Saturday May 27th and also sold out.

Cleveland Gardens

cleveland-gardens-squamish

Cleveland Gardens located in downtown Squamish is now for sale! This boutique collection of 19 residences went on sale this week and features one and two bedroom condos starting at $358,900. The condos feature outdoor patios, a shared rooftop patio and BBQ area, spacious floorplans and gas fireplaces. For site and floorplans contact us.

The Main

The Main is almost sold out! As of late last week there were three units remaining a Plan D on 4th floor for $419,900 and a Plan E on 3rd & 4th floor $549,900 to $569,900. If you are hoping to secure a condo in downtown Squamish in one of the best spots in town, located right near the up coming Newport Beach development don’t miss out! Completion in 2018.

Britannia Beach (Macdonald Development)

britannia-beach-development

The town centre of Britannia Beach (between the Mine Museum and General Store) will likely be transforming into a new community of townhomes and a central promenade area. The heritage buildings will be restored and re-purposed and the site will be raised 7 feet on one end and 1.5 feet on the other. There is a planned 68-72 townhome development which will feature 3 bedroom, 3 story units with garages below. The townhomes are suspected to start in the $600K-$700K range with completions at least 18 months away and sales possibly starting spring 2018.

Other details of the development include a ski rental shop (known Whistler retailer), cafes, galleries and a possible micro brewery. There is also a daycare planned. We will update you with information on this proposed project as details unfold.

Skyridge

The most recent phase of townhomes and duplexes in Skyridge is now sold out! There will be eight additional duplexes released in the coming months as well as Skysuites, 44 spaciosly designed one, two and three bedroom condos ranging in size from 780sqft to 1600 sqft. Contact us if you’d like to register your interest for these.

Vantage Squamish

The old medical building on Pemberton Ave will be turned into a six story mixed residential/ commercial European-style building with one, two and three bedroom condos. Pre-sales expected Fall 2017. Contact us to be registered.

New lots

There is buzz around town about the opening of more lots in University Highlands in Fall 2018 (approx. 40 single family home lots), 50+ single family lots plus multi-family units in University Heights and approx. 35 lots off Brennan Rd in Brackendale. Watch this space for more information on these lots.

For an overview of all of the developments underway and on the books in Squamish see here.

At Move to Squamish we act as buyer’s agents representing buyers throughout the property transaction. This also includes new construction and presales. For those entering the real estate market or who would like their best interests taken care of when purchasing a home we can assist. Our service is at no cost to the buyer (under most conditions). Get in touch with us today to learn more.

About Meghan

Meghan is a real estate agent who is passionate about connecting lifestyle driven individuals to her vibrant town of Squamish, BC. Meghan was born and raised in Squamish, spent 15 years living abroad, and is now back partnering with her mother Nanci Fulton who has been selling real estate in Squamish for 30 years. Meghan loves representing buyers, welcoming them to her community and helping them find their perfect place to call home.