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LakeVu Condos 3

By: JD Development Group

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70 Lakeside Terrace, Barrie, ON, Canada

Platinum Access: From $499,900 - $899,900

Condominium

1 - 3 Bedroom(s)

533 - 1420 Sq Ft

VIP Launch: September 8, 2023

Welcome to the serene and vibrant world of LakeVu Condos 3, the latest jewel in the crown of JD Development Group‘s prestigious real estate portfolio. Set to grace the shores of Little Lake at 70 Lakeside Terrace, this pre-construction condo development in Barrie is the epitome of luxury lakeside living.

 

LakeVu 3 Website

 

Highlights at LakeVu Condos 3

LakeVu Condos 3, rising as the third phase following the resounding success of its predecessors, encapsulates the essence of a tranquil yet dynamic lakeside community. Barrie, renowned for its picturesque lakes, pristine beaches, lush parks, and vibrant urban downtown, offers a perfect backdrop for this majestic development.

Local Amenities: A Blend of Nature and Convenience

Strategically located in Barrie’s desirable North End, LakeVu Condos 3 offers more than just a residence – it’s a lifestyle. Steps away lie the North Barrie Crossing Shopping Center and the prestigious Barrie Country Club. Educational institutions like Georgian College, healthcare facilities such as Royal Victoria Healthy Centre, and an array of parks and green spaces are within easy reach.

Key Locations:

  • 1-minute drive to Little Lake and Highway 400
  • Close proximity to Centre Plaza and Georgian College
  • A short 8-minute journey to Georgian Mall
  • Quick 10-minute commute to Downtown Barrie
  • Convenient access to Toronto, Blue Mountain, and Cottage Country

Nearby Attractions:

  • Adventure awaits at the Zipline & Aerial Adventure Park
  • Explore the Georgian Mall for a shopping spree
  • Relax at the Horseshoe Resort & Spa
  • Discover the Maclaren Art Centre and Chappell Farms
  • Unwind at Heritage Park and Heritage Estate Winery & Cidery
  • Indulge in nearby shopping & dining options
  • Enjoy the sun at Wasaga Beach

Effortless Transit and Connectivity

LakeVu Condos 3 boasts unparalleled connectivity. The proximity to Highway 400 provides easy access to Bradford, Vaughan, and cottage country. Public transit options including Downtown Barrie Bus Terminal and Barrie GO Transit facilitate seamless travel across the Greater Toronto Area (GTA).

Growth and Investment Potential in Barrie

Barrie, ranked as the fourth top city for investment in Ontario, is witnessing a surge in employment and population growth. By 2041, employment opportunities are expected to reach 129,000 with a population growth projected to increase from 197,057 to 253,000. This growth trajectory, fueled by significant infrastructure investments, is set to attract new residents and bolster the regional labor force, which currently stands at over 390,000. The Barrie condo market has observed a 23% increase in sold prices within just a year, highlighting the investment potential of LakeVu Condos 3.

 

Reason to Invest In LakeVu Condos 3

  1. Summer Bliss: Delight in paddling, swimming, fishing, and vibrant live music festivals during the summer season.
  2. Unrivaled Calm: Embrace the awe-inspiring lakeview at the heart of Barrie, offering uninterrupted tranquility.
  3. Frosty Delight: Experience winter excitement through skiing, snowboarding, tubing, and a host of other thrilling activities.

 

About the Developer: JD Development Group

Founded in 2010, JD Development Group have been the catalysts of progress. Their unique expertise and industry knowledge give residents a better way to live. The team’s expertise and commitment have been central to the reputation built today.  JD Development Group represents quality design. Innovative process and long-term value. Converting high, untapped potential sites into residential, mixed-use and commercial developments.

Property Details

  • Developer: JD Development Group
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Platinum Access
  • Suite Type: 1 - 3
  • Suite Size: 533 - 1420
  • Launch: September 8, 2023

Pricing & Fees

  • Price: $499,900 - $899,900
  • Cost of Parking: $9,990
  • Other Parking: TANDEM PARKING (waitlist only) **3 bedrooms enjoy FREE Tandem parking upgrade total of $9,990
  • Parking Availability: ALL units eligible to purchase
  • Cost of Locker: $5,000
  • Maintenance Fee: $0.66/sq.ft
  • Lawyer: Robins Appleby LLP, In Trust

Deposit Structure

EXTENDED DEPOSIT STRUCTURE
$10,000 on signing
Balance of 5% in 30 Days
2.5% in 2024
2.5% in 2025
5% on Occupancy 2026

Current Incentives

PURCHASER PREMIUM INCENTIVES

  • EXTENDED DEPOSIT STRUCTURE
  • FREE ASSIGNMENT (Legal Fee applies)
  • RIGHT TO LEASE DURING OCCUPANCY
  • CAPPED DEVELOPMENT CHARGES – $8,500 for All Suites
  • PARKING $39,900 $9,990 (ALL units eligible to purchase)
    **3 bedrooms enjoy FREE Tandem parking upgrade total of $9,990





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