LakeVu 2 Condos Assignment (2 Bedroom + Den)

LakeVu Condos Phase 2 is a new condo development by JD Development Group. Coming soon to Little Lake Drive & Lakeside Terrace in Barrie.

LakeVu 2 Condos 2 Bedroom + Den Unit for Assignment

Assignment Price: $700,000.00

Unit Info

• Condo Name: LakeVu 2 Condos
• Development: JD Development
• Address: 56 Lakeside Terrace, Barrie, ON
• Main Intersection: Little Lake Dr & Lakeside Trl
• Size Type: 2 Bedroom + Den / 2 Bathroom
• Unit Size: 934 Sq.Ft
• Facing: North/East
• Parking: Yes
• Locker: No

 

PRICING INFORMATION
Assignment Price (AP)	$700,000.00
Price/Sq.Ft	$749
Original Purchase Price (OP)	$620,400.00
Deposit Paid to Developer By Seller (15%)	$93,060.00
Due on Occupancy (5%)	$31,020.00

BUYER'S SUM OF PAYMENT
Seller's Profit (AP-OP)	$79,600.00
Deposit Paid to Developer By Seller (15%)	$93,060.00
Total Payment	$172,660.00

PAYMENT STRUCTURE
Deposit Due Upon Offer Acceptance	$50,000.00
Remaining Balance Due Upon Developer's Consent on Assignment	$122,660.00

Floor Plan

 

HIGHLIGHTS

 

REASONS TO INVEST IN BARRIE

With the successful launch of Phase 1, Barrie's favourite Lakefront Community, LakeVu Condos is finally back! Barrie offers something for everyone, especially with its lakeside location, fabulous beaches, parks and green spaces, great schools and colleges, urban downtown and friendly neighbourhoods.

 

Local Amenties

Located in Barrie's desirable North End, LakeVu Condos is just steps from every convenience, including North Barrie Crossing Shopping Center as well as Barrie Country Club just up the road. Georgian College, Royal Victoria Healthy Centre, schools, parks as well as green spaces are close by. Close to big city amenities, while just steps to Little Lake!

• Just one hour from Toronto, Blue Mountain as well as Cottage Country
• Zipline & Aerial Adventure Park;
• Georgian Mall;
• Horseshoe Resort & Spa;
• Segway Tours in the Horseshoe Valley;
• Maclaren Art centre;
• Chappell Farms;
• Heritage Park;
• Heritage Estate Winery & Cidery;
• Shopping & Restaurants Nearby;
• Wasaga Beach;
• Georgian College;

Transit

With just meters from your door, Highway 400 links you to Bradford, Vaughan as well as cottage country. Head into Downtown Barrie where you'll find fabulous beaches, boardwalks, cafes, restaurants and also festivals .

• Highways 400 and 11, as well as GO Transit offer fast and easy travel to all parts of the GTA
• Downtown Barrie Bus Terminal
• Barrie GO Transit

Growth and Rising Home Values

Barrie was rated 4th top city to invest in Ontario., since new employment opportunites and population rates are growing at an impressive rate. By 2041, new employment opportunities are projected to reach 129,000, in addition, population growth is expected to grow from 197,057 to 253,000. Fuelling this exponential growth are billions of dollars in new infrastructure investment which is expected to draw tens of thousands of new residents and also add to the impressive regional labour force that currently employs over 390,000 people. In just 1 year the Barrie market has seen a 23% increase in sold prices of condominium sales!