First pre-construction condo to be built in North Bay since 2006

There’s a new four-storey boutique condominium coming to North Bay, Ontario.

Near the city’s downtown core and steps to Lake Nipissing, LAKESHORE POINTE CONDOMINIUM by LU VESTA HOMES is about 20 minutes from Nipissing University, Canadore College, North Bay Regional Health Centre and the Jack Garland Airport.

Situated on Lakeshore Drive at Thompson Avenue near Sunset Park, LAKESHORE POINTE offers striking water views from most of the west facing units, in a prime North Bay setting.    Said Mark Robertson, Vice President Program Management on behalf of Lu Vesta, “It’s all about location, testimony to the fact that North Bay is ranked #1 for the second consecutive year as the top spot for population growth in Canada and within the Top 25 best places to live in the country.”

This development is the first pre-construction offering in North Bay since 2006.  Purchasers can register to buy during pre-construction and access the best prices and the layouts most suited to their needs. They will then be able to select their suite features and finishes, plus an extended deposit structure, which means they have at least a couple years to save toward their down payment and organize their moves.

Owners also have the advantage of their suite being covered by Tarion for a period of up to seven years. Plus, once purchasers sign on the bottom line, they have a 10-day cooling-off period during which to consult a lawyer and other advisors before making a final purchase decision.

A purchaser’s peace-of-mind is important to the developers at LAKESHORE POINTE.  LU VESTA HOMES, located in Concord, ON is led by principals who have made a significant mark on communities across Canada since 1970.  Their experience includes elegant custom homes, welcoming low-rise collections, popular condominiums and office complexes. This dynamic team has enlisted a roster of well-respected consultants.

THL is the overall project construction manager. Their decades of experience ensure that this condominium will uphold the high standards for which they are all known.  In addition to North Bay, the company has completed developments in London, Windsor, Mississauga, and in northern Alberta – with a climate like North Bay.

Added Robertson, “This is the first mid-rise building in a brand new master-planned community.  Remarkable growth has much to do with new jobs in the mining industry sponsored by the federal government. Housing is in hot demand in the face of low supply. This year, the city has issued more than $200 million in building permits, with residential development making up more than $45.5 million. As a result, North Bay is also ranked Canada’s second-best place to invest in real estate, especially with the major shortage of available rentals in the area.“

Location is a huge attraction also because so many amenities are accessible within minutes. North Bay and surroundings are also home to many hospitals and healthcare centres, excellent schools, shopping, parks, trails, museums, restaurants, the Laurentian Ski Hill, Cascade Casino, Newsports Complex, and many golf courses.

Said Krista LeClair, Vice President of Sales & Marketing at Milborne Group, “This professionally landscaped residence will be graced with a chic lobby, two work-from-home libraries, a fitness lounge with premium equipment, bike storage, dog-washing station, and a rooftop party room and terrace. Open-concept interiors will feature luxury appointments including 9-foot ceiling heights, laminate flooring, kitchen cabinetry with soft-close panel doors, ¾-inch quartz countertops and ceramic tile backsplash, porcelain or ceramic tile bathroom floors, an in-suite laundry closet with star-rated front loading stacked washer/dryer and ceramic flooring; and individual suite metering of hydro and water consumption. There is also ground level, covered parking that comes with every suite.”  A décor centre will open in the Spring of 2023.

Priced from the $491,000, suite choices range from one-bedroom + den + bath, to two-bedroom + den + two bath designs.  Only 70 suites are available.

Illustrations are artist’s concepts. Prices and specifications are subject to change without notice: E & O.E.

  Register at lakeshorepointe.ca to arrange a private appointment.

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