SOURCE: Qualicum Woods Crossing
OTTAWA--(Marketwire - Oct 17, 2012) - TD Canada Trust has announced that 43 percent of the first-time homebuyers in Canada are single, according to Calgary Herald. This shift in the demographics of real estate investors has led to many individuals looking to the convenience, luxury, and lifestyle that condominium living has to offer. Qualicum Woods Crossing, a new condominium community located in Ottawa, provides residents with the tranquility and natural beauty they love and the contemporary luxuries that they want. As such, the community has gained a great deal of attention from prospective single homebuyers.
Jessy Bilodeau, who is a mobile mortgage specialist at TD Canada Trust, explains the shift in demographics and the increasing trend of purchasing condominiums over single-family homes: "Primarily the people that we see buying on their own, the majority of them do purchase a condo and I think the reason being is simply because of price point. The prices in Calgary compared with some other places where you live are quite high. So if you're just getting into the market and looking at a lower price point, the main product you have available to you is condos."
Marnie Bennett, founder of Bennett Property Shop Realty and noted real estate broker, is spearheading the sales of units within the Qualicum Woods Crossing community. She believes that there is more to the surge in condo sales than their affordable price. The lifestyle that condo living has to offer, Bennett asserts, is in tune with the priorities of single homeowners.
"Many single buyers are looking for a great location that is near their place of employment," Bennett comments, "and condos are more likely to be situated in downtown or more commercial areas. In fact, many of the newer condominium communities feature retailers, restaurants, and other places of employment on their ground floor. Additionally, Ottawa's condominiums are often convenient to cultural events, entertainment venues, and other popular destinations."
The size of the condominiums offered by Qualicum Woods Crossing and other communities are often a factor, notes Bennett. She explains that single homeowners are frequently looking for lower maintenance properties, and with a condo they have a minimal amount of upkeep for which they are responsible.
Qualicum Woods Crossing has been developed to support the westward growth that Ottawa is experiencing. The community's location is convenient to the suburbs, downtown Ottawa, and the high-tech area of Kanata.
Qualicum Woods Crossing is a condominium community in Ottawa, Canada, that offers residents a tranquil, organic living space that combines the luxury of condo living with the beauty of nature. Merging traditional and contemporary style, the condominiums of Qualicum Woods Crossing are complemented by a lush garden and functional outdoor space, allowing residents to enjoy the finer amenities of the condominium lifestyle while taking advantage of a rare degree of outdoor space within the heart of an urban village. Situated in a central location, Qualicum Woods Crossing is convenient to a variety of cultural events, entertainment venues, restaurants, retailers, and other fashionable destinations.
To learn more about Qualicum Woods Crossing, visit QWCrossing.com or call (613) 693-0808.