A new condominium development is about to spring up in Yorkton. The Catherine Street Condo Project is being developed in partnership between Ron Skinner Realty and Terra Developments, and will bring two twelve-unit buildings to the city.
Ron Skinner says he believes this is the first condo development in the city without age restrictions since the 1970s, as the city's other condo projects have been pitched to an adult lifestyle market and had age restrictions. The location is across from St. Mary's Church, on the former grounds of C.J. Houston School.
"It's a project that we're pretty excited about. It would be ideal for seniors, ideal for possibly single parents, empty nesters, sort of everyone. Nine hundred twenty-five is a pretty good size for a two-bedroom apartment," adds Doug Rogers of Terra Developments.
The condos will be approximately 925 square feet, and cost $238,125 with taxes included. Skinner notes that owners can apply for a GST credit of 1.8 per cent which would get them about $4,000 back.
Construction on the complex will begin in the spring, and it is expected to be complete in the fall of 2012. The project is able to have an accelerated schedule because it is a modular design.
That means that the different units will come in pre-assembled and stacked into place. Doug Rogers with Terra Developments says that this construction method was chosen due to a busy construction season making it difficult to find trades.
By using this method, it will make it easier to get the building complete, and it is expected that people will be able to move in two months after the units are stacked in place.
