The Growing Cottage Condo Industry

cottage condo industry, cottage condo living, seniors, 50+, seniors apartment, seniors condo, senior citizens, waterview condos, grimsby waterview condominiums, condominium apartments for seniors, seniors condo apartments, seniors condominiums, hamilton, stoney creek, burlington, grimsby ontario, niagara region, GTA, toronto, baby boomer, retirees, retirement home, condos on the lakeWatervieW Condos in Grimsby, Ontario is the first development in the Canadian Niagara Peninsula to take advantage of a rising trend in GTA real estate; the Cottage Condo.

The Cottage Condo concept is relatively new, with only a few developers since 2010 being successful at the alternative housing project.

With Toronto real estate prices soaring and the baby boomer generation looking to cash in, LJM Developments is one of those developers that has ‘hit one out of the park’ with their resort-style amenities and cottage-like life at WatervieW.

It’s a Misnomer

Technically the Cottage Condo trend is not even named correctly. When it was first envisioned, it was seen to enhance at least three specific demographics. These types of condos in the region surrounding the GTA were first thought to offer a number of benefits to retirees, growing families and those first starting out.

With the plan to start offering a structure that appealed to different stages of your life, provide a sustainable living structure, while at the same time appealing to those that want a life off the ‘beaten track’ or to slip into the Canadian ‘slow lane’. These condo apartments have shown how a condo cottage can really offer the best of both worlds.

The Retirement Home

Many mature adults dream of sitting by the lake, enjoying magical sunsets over the water and enjoying the amazing beauty of nature. In Ontario, while buying a lake house in Muskoka, Land of Lakes or Georgian Bay can be prohibitive in costs, condos on the lake like WatervieW offer an amazing value with a similar cottage feel.

Retirees, 50+ and seniors also are generally looking for an option that is a little more stress-free than the constant upkeep and maintenance of most lake-side homes. A seniors cottage condo apartment offers that with ease, especially the resort-style amenities in developments like WatervieW.

The Beach House

For families that have homes in Toronto, a cottage condo such as WatervieW offers that weekend getaway with an affordable price tag and an even easier transit option. With most condo developments located off of a GoTrain Station, like WatervieW will be in the future, commuting to your weekend or summer beach condo will be a breeze. Feel free to leave the car at home in Toronto, or keep a second ‘get-around’ vehicle at the condo and take the Go to your condo, saving time.

A cottage condo provides a great getaway for your family, giving your children a great place to enjoy the great outdoors and giving the whole family a break from the fast-lane life that is big-city living.

The Alternative to City Life

What the Cottage Condo can also offer is an alternative life style that has become increasingly attractive to first time home buyers. The cottage condo offers a laid back lifestyle that just cannot be gotten by living in a large metropolis like Toronto. When you buy a Condo in charming Grimsby, the gateway to the Niagara Peninsula, you get access to the great Canadian rural culture. It is relaxed, rejuvenating and simply one of the best places to raise a family.

By living in a condo like WatervieW of Grimsby, with amenities such as a fitness centre, on-site retail therapy, rooftop patio with family BBQ’s and gathering pods, you get the best of both worlds; luxury and relaxation.

The Growing Cottage Condo Industry – Courtesy of Waterview Condominiums & LJM Developments.

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Tel: 1-855-500-1215 Email: sales@waterviewcondos.ca Address: 544 North Service Road Grimsby,ON (Corner of N. Service Rd & Oakes Access)