With economists forecasting construction cost increases and mortgage experts predicting a mortgage interest rate hike by March, many prospective home buyers are deciding there is no better time than the present to get into the “red hot” housing market.
If you have entertained the idea of buying into Richmond’s sought-after Hamilton Village, this may be your last opportunity.
It’s been a very successful year for Hamilton Village – a stunning master planned community, where walkable boulevards, tree-lined paths, and a true High Street with shops and services connects you to everything today’s buyers are looking for.
Add to that, some of the most affordable housing prices in the Lower Mainland - starting from $499,900 for a one-bedroom, $539,000 for a one-bedroom and den and a two-bedroom from as low as $719,900 – its no wonder this desirable Richmond community has sold more than 65 per cent of its West Coast inspired homes.
“Since re-opening after the Christmas holiday break on January 8th, we have already sold more than 30 homes,” says Sean Lawson, director of marketing for the Hamilton Village project.
However, there is another reason to move fast. The window of opportunity to purchase in Hamilton Village ends soon.
“The existing long-standing tenants of the old strip mall, where the East and West buildings are to be built, have already moved into the first building of the development across the street, and now its time to tear that strip mall down, which includes the presentation centre,” says Lawson. “Then, we will be closing sales for at least a year.”
Hamilton Village consists of more than 200 homes in two mixed-use buildings – East and West – with 22,000 square feet of commercial space.
Thoughtfully curated, Hamilton Village West offers a seamless blend of West Coast inspired contemporary architecture. These beautifully appointed homes feature expansive windows that allow for natural sunlight to pour in, while the generous ground level patios, large terraces and private balconies, with gas hookups, provide either a bird’s eye view to mountain vistas, sweeping sunsets, tranquil greenspace or local cityscapes, depending on the plan type.
Each home features nine-foot ceilings, quality wide-plank laminate flooring, an environmentally friendly, geo-exchange heating and cooling system and secure underground parking. (Most two-bedroom+ homes come with two parking stalls). All homes enjoy the use of a storage locker.
Aspiring chefs will fall in love with the inviting and airy kitchens, highlighting pantry cabinets with modern paneled accents, polished quartz countertops with handset full-height tile backsplash, quality stainless steel appliances and thoughtful details like a breakfast bar and wine rack in most homes.