It’s not only affordable Rental housing that’s scarce in Cobourg, but also reasonably priced condos – at least that’s what “200’s” is now considered to be. Stalwood homes has already built and sold 20 such units in their East End development off the South end of Brook Rd North and now wants to start phase 2 with another 20. At Monday’s C.O.W. Council meeting, the site plan for two more 10-plex units was approved although Councillor Emily Chorley was “disappointed” that there were no accessible units included. Director Glenn McGlashon explained that the Province does not require housing less than 600 sq. metres to include them. The developer said that all 20 have been presold and in response to a question said that no-one had asked for an accessible unit.
When it came to a vote, Emily voted against approval and asked that the developer come back with 2 of the 20 converted to accessible although that might require a “lift” since all units have stairs at their entrance. But in the final vote, all other councillors voted to approve so the developer will be able to continue to build the two buildings. The photo at right shows one of the phase one buildings – now occupied – that is identical to the two new ones proposed.
Glenn McGlashon commented that in today’s market, prices in the 200’s suit first home buyers. The Stalwood homes web site refers to the Phase 2 buildings as Queens Building 1 and 2 and says that they are projected to close in the Spring of 2019. However, little work has been done so far and the site plan has just now been approved (subject to confirmation at a regular Council meeting) so that seems optimistic.
The rest of the development consists of detached homes that look to be good additions to Cobourg’s housing stock. In addition, their prices, starting at less than $400K for a detached house, are more affordable than West End housing like New Amherst where detached homes start at $500K and townhomes start at $400K. Some resales in New Amherst are considerably more.
- Stalwood Homes – Cobourg Condos Page – floor plans etc
- Stalwood Homes Facebook – includes some pricing
- New Amherst Homes