Haven Review | Vol. 1

Sifton. A Community Builder

Welcome to Haven on the Trent, Sifton Neighbourhoods’ newest signature community. For over 90 years, Sifton has been a leader and innovator in Canadian residential construction. Whether it is building Canada’s First Planned Community in 1950, to Canada’s first solar home in 1978 or today building Ontario’s most sustainable community at West5, Sifton has led the way.

At the core of our values is the commitment to understanding the big picture and considering all outside factors to ensure that a Sifton Community is well planned, highly desired and a great place to call home. We develop neighbourhoods and communities with lifestyle and lasting value. At Haven on the Trent, we will offer an unparalleled tranquil setting surrounded by the Trent River, Conservation Areas and Provincial Parks. We intend to blend the earthy and wilderness with beautiful homes surrounded by preserved woods and waterfront access. Each home will be unique, complementing the natural topography and terrain of the site.

We thank you for your patience as we know many of you are excited to see this community come to fruition. Stay tuned and keep an eye on your inbox.

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Site Update

February is a busy month at Haven and you will soon notice that our signs are installed around the property; hard work is being done behind the scenes as we prepare for final approvals. Our siteplan is being finalized and we are preparing to submit our legal plan to the municipality.

All of this hard work is for Haven to be reviewed and approved at the Council Meeting in March. Once we receive final approval from Council, we will provide additional timelines and information. It promises to be an exciting 2017 at Haven on the Trent.

Market Review

The annual rate of growth for the MLS® Home Price Index (HPI) in the TREB market area (Toronto and GTA) accelerated throughout 2016 – from 10.7% in January 2016 to 21% in December 2016. The overall average selling price for calendar year 2016 was $729,922 – up 17.3% compared to 2015. The pace of the annual rate of growth for the average selling price also picked up throughout the year, including a climb of 20% in December. The average detached home price as of December, 2016 in Toronto was $1,286.605 – WOW!!

* From the Royal Lepage 4th Quarter House Price Survey

Recently, increases in completion and price have begun to force prospective homeowners to find affordable real estate outside of the Greater Toronto Area, while others are opting to wait on the sidelines for price increases to slow – choosing to rent or renovate – further fueling inventory shortages across the region.

For most of the Boomers this means that many not realize exactly how much their homes value and their equity has grown. Many are cashing in and investing in their retirement dream home in outlining areas such as Cobourg, Campellford, Bellville and Prince Edward County where they can have their home custom built for ½ the price of their current home, and have the extra cushion to go on trips or support their retirement comfortably.

Campbellford and Area Events: February

Aloha: Steve Michaels Concert: February 11 at the Showplace Performance Centre, Peterborough
Cecilia String Quartet: February 12, Capitol Theatre, Port Hope
Ontario Family Fishing 2017: February 19, Kawartha Lakes
Cobourg 2017 Ontario 55+ Winter Games: Feb 21 – Feb 23
Warkworth Maple Syrup Festival: March 11 – 12