London, Ontario is known for its historically-stunning architecture. You can roam around the neighbourhoods surrounding the downtown core and enjoy yellow and red-brick homes from past times. In fact, our office on Waterloo Street is located within a large, yellow-brick building that has all the charm of the rich history of the city.
While there is definitely a strong appeal towards mixing contemporary styling with older homes, especially within the historical neighbourhoods like Woodfield and Old East Village, London is also experiencing a surge in new construction. You can sometimes score a good price in the pre-construction stage (depending on the developer) and there are a variety of financing options for different new development projects.
Here are a few of the top new construction developments in London, Ontario:
Chelsea Green Meadows
Sunlight Heritage Homes present this new, 24 unit development on Brookside Street in the South East area of London, Ontario. The homes range in price from $207,790 to $302,230 and take full advantage of their close proximity to the Thames Valley Parkway, making use of the natural elements to blend a new construction feel within the stunning nature. Click here for more info about this new development in London, Ontario.
The Gates of Northridge
This single-family development by Wastell Homes features 44 large units. Starting at $338,900, these homes are located in the North East area of London, Ontario, close to Kilally Valley Park. The developers have partnered with Mike Holmes to offer a Holmes Inspection Package with every home purchase. You can read more about this development here.
If you are looking for new developments just outside of London (in Ilderton), this Sifton Properties development features large lots sizes (50’ to 60’) and some of the Phase 2 home lots are 300’ deep, backing onto nature. It’s only a 5 minute drive from North London, so you still have easy access to all the amenities of the city, without having to deal with the hustle and bustle of living within it! Click here to read more about this new development.
As you can see, there are a variety of different housing styles available for just about every different consumer. If you’re thinking about checking out some homes, we recommend getting pre-approved for a mortgage prior to the house-hunting adventures, so you can have a clear idea as to what you can afford. Who likes to shop for something they can’t have? Ok, well, it can be fun to check out those luxury homes, too. No harm in window shopping.
If you’re curious about how much you can afford, why not get started with our easy, online pre-approval process? Or, better yet, schedule an in-person meeting with us to go over your financing options in person. Shoot us an email to set up a time. We’d love to hear about your real estate dreams and find a way to help make them come true.
Thanks for reading!