Aug 11, 2021
City-dwellers flocking to cottage country for post-pandemic living space will see pricey, single-detached homes aplenty, many of which are geared to vacationers. Rarely are new condo developments with waterfront access up for grabs, which is why Fenelon Lakes Club is rising up in the Kawarthas.
In Fenelon Falls, Ontario, on Cameron Lake, Fenelon Lakes Club promises to bring luxury, resort-style condominium living to the waterfront—for those looking for something more affordable.
MDM Developments broke ground this week on 86 residences that include 66 condo units, 10 waterfront townhomes and 10 bungaloft townhomes, which are located near the Victoria Rail Trail and Byrnell Golf Club. Prices start from the mid $700,000s, with suite sizes ranging from 1,000 to 2,500 square feet.
Some amenities are an outdoor pool and entertaining space, racquetball courts and fireside lounge. As it stands, the developer has sold 85 per cent of Phase 1 in less than three weeks, and is currently 65 per cent sold in Phase 2.
“Knowing there is little on the market for boutique waterfront residences, we wanted future residents to experience the ultimate in cottage living without the hassle of actually owning one,” said Doug Gray, president of MDM Developments. “We’re proud to be part of the growth in the Kawarthas and our goal as a company is to add even more value to the beautiful and growing communities in this area.”
Located near major highways, Fenelon Lakes Club is flanked by 355 feet of waterfront with western exposure, so residents can experience expansive lake views.
“With the pandemic came a shift in typical purchasing habits we’ve seen dominate the market over the last decade,” said Luke Wilson, partner at MDM Developments. “In the last year and a half we have seen a heightened demand for outdoor space, and waterfront properties afford residents with the best of both worlds: condominium living and proximity to nature.”
Fenelon Lakes Club is projecting completion by Fall 2022.