Vineyards is a new townhouse development by Carey Homes Located on the Cambridge Vineyard Estate just off Elgin Road. Available units start from the low $749,900’s. Vineyards have a total of 92 units. Sizes range from 1555 to 1575 square feet.
- Developer: Carey Homes
- Address: Marion Way & Elgin Street North, Cambridge, Ontario, Canada
- Pricing: Starting From The $700s
- Occupancy: Mid-2023
- Storeys/Suites: Total of 92 Units
- Suite Types: Three-Bedroom Townhomes
- Suite Sizes: 1555 sq ft – 1575 sq ft
- Maintenance Fees: Estimated at $150/Month
- Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% in 60 Days
- Incentives: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment Available
Top Reasons to Invest
It is perfectly located less than 10 Minutes from Conestoga College, home to over 40,000 students.
Travel with ease being just 3 Minutes from Highway 401 connecting you to both Highway 403 & 407
Less than 15 Minutes from all of your shopping needs at the Cambridge Centre, featuring over 100 stores & services for you to enjoy & 8 Minutes from Smartcentres Cambridge, featuring Big Box Stores such as The Home Depot, Canadian Tire, Lowes, Best Buy, Winners & So Much More
Mins from Downtown Cambridge and Gaslight District
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Vineyards Townhomes Cambridge
Investing in Canada, specifically Cambridge Vineyard Townhomes has the potential for significant returns.
This post explores why Cambridge, Ontario, Canada is a good place to live and invest in real estate.
- Why invest in Canada?
Canada, the 9th largest economy in the world, has a strong and growing real estate market. More and more Fortune 500 companies are opening research centers and offices here, resulting in a steady stream of job seekers.
Students from leading educational institutions such as Conestoga College and the University of Waterloo also readily settle in Waterloo Region.
These higher institutions produce exceptionally high-quality graduates sought by major corporations. The tech companies fuel the region’s economic growth.
The Canadian government also encourages people who live and work in Canada to buy homes. They banned foreigners from buying homes effective January 2023, with a few exceptions.
People with temporary work permits, international students, and refuge claimants can buy real estate. However, international students must have lived in Canada for five years or more.
- Is Cambridge, Ontario, a good palace to invest in property?
Cambridge, Ontario, is an excellent place to invest in property because of its green spaces and thriving tech sector. In addition, you’re protected from inflation because real estate prices rise as commodity prices rise.
Google, Communitech(the biggest tech incubator in North America), Vidyard, Applyboard, and D2L drive the tech and engineering sectors.
They are why the region also follows “The Silicon Valley of the North.”
Tourists flock here to admire the gothic architecture and picturesque environs. It’s peaceful and easy to shut off the noise punting by the Grande and Speed rivers.
Many films shot in these beautiful sceneries include The Handmaid’s Tale, Designated Survivor, American Gods, etc.
- Stable rental income
As of 5th Feb 2023, the average rent for a 1-bedroom suite was 8% higher than in 2022.
2-bedroom suites increased by 10% to $2302, and 3-bedroom suites by 9% to $2750.
- Is Cambridge, Ontario, a good place to live?
Cambridge is an excellent place to live or raise a family. It has many nature trails, as the Grande River runs through the city. It also sits on highway 401, which connects it to Mississauga and the Greater Toronto Area.
In addition, it has the most profitable high-tech and engineering firms.
The quality of living is also better compared to overpopulated cities. The Waterloo region has a low-density population, and homes are around parks and charming green sceneries.
- Why buy Vineyard Townhomes Cambridge
Buying Vineyard Townhomes is a great way to enter Cambridge real estate. London is less than one hour away, and Toronto is within reach.
Vineyard Townhomes are less than three minutes from Highway 401, and transiting to Highways 403 and 407 is smooth.
The homes are on Marion Way and Elgon Street North, minutes from the Pearson International Airport on Highway 401. The project is also close to Highway 24.
In less than 10 minutes, you’ll be in Conestoga College, which has more than 40,000 students.
The Cambridge Center is 15 minutes away, and you can shop in over 100 stores here.
It is an eight-minute drive to Smart Center Cambridge, where many reputable stores are.
You’ll enjoy the history and charm of downtown Cambridge in the small town of Galt, which dates back to the late 17th century and early 18th century.
Downtown Cambridge and Gaslight District are minutes away from the Vineyard Townhomes.
The expected interim occupancy is mid-2023.
- Vineyard Townhomes’ unique features
Buyers should look forward to nature walks and a beautiful garden in a peaceful environment. There’ll be plenty of family play area, a disc golf course, and a splash pad.
The 3-bedroom townhomes will sit on two stories and have 92 units with 9′ ceilings on the main floors. The exterior will be Juliette balconies with iron details and arched dormers to let in plenty of natural light.
Expect quartz countertops and stainless steel appliances from the developer Carey Homes. They’ve also included a paving stone driveway and Bluetooth garage access.
The starting price is $ 700’s and floor plans range from 1555sq ft to 1575sq ft.
- Why Realty Bulls