Mattamy Homes and QuadReal Property Group have released the final designs for The Clove, the first phase of the Cloverdale Mall redevelopment. This phase includes a striking 33-storey tower and an adjoining nine-storey mid-rise building, totaling over 600 condominiums. The Clove marks the beginning of a multi-year transformation of the 32-acre site into a mixed-use urban neighborhood, offering residents new housing options, retail spaces, and green spaces.
A surge in available housing units, driven by rising mortgage costs, is pushing Toronto’s real estate market towards a price correction. The city’s condominium market, where inventory has reached record highs, is particularly vulnerable. While sales have increased slightly, listings have soared, creating a ‘buyers’ market with no buyers.’
In the competitive real estate market of Kent County, homes priced under $500,000 are attracting significant attention. This report highlights recent transactions of single-family homes and condominiums that met this criteria and provides insights into the features and pricing of these properties.
Homebuyers in Wayne County have plenty of options under $500,000. Check out these top properties sold between April 15 and April 21.
