community and well-versed on the WindsorEssex property market. The extended Horizons Group picked up a 58-acre approved subdivision in LaSalle, a high household income municipality west of Windsor. Besides offering 140 lots for single family homes, the Group decided to build four more condo towers there. They felt that condos would be appealing to buyers in the area for several reasons. Not only are they more affordable than single-family homes, as previously established, but they also better fit the lifestyle requirements of some of their target demographics. Empty nesters, for example, don’t need four-bedroom homes with huge yards, as those yards are laborious to maintain, and those homes require maintenance if left behind for the winter. “So condominiums are a natural choice for those people,” Li explains. “They can just live there, enjoy the amenities, and in winter they can just pack their bags, book a flight to Florida, lock their doors and go. They don’t have to worry about burst pipes or anything like that.” JUNE 2024
RkJQdWJsaXNoZXIy OTYzNTg=