Tsawwassen Springs draws Richmond buyers
It’s been an extremely popular destination for Richmond residents who have cashed in on the recent hot real estate market and wanted to invest in a high-quality new home.
Tsawwassen Springs, the 500-unit master-planned residential development 15 minutes south of Lulu Island, sits alongside a par 70 18-hole golf course on 140 acres in Tsawwassen.
Developer Ron Toigo said among the biggest buyers into the project have been former Richmond homeowners, second only to those who live in the surrounding neighbourhood.
The prospect of still living fairly close to their friends, a five-minute walk to the beach, and a short stroll to Tsawwassen centre has made it a popular draw, he said.
The first phase of the development, including 200 single family homes and condos, sold out in a matter of months, and sales have now been launched on the second phase, a six-storey concrete building that will become the tallest property in Tsawwassen.
With an amenity house featuring a sauna, spa and weight room, a nearby 32,000-square-foot clubhouse, and plans for a grocery store, cafe, and restaurant and pub, homeowners will have all their needs at their doorstep.
Many of the units—which range in price from $369,000 for a 750-square-foot unit to $848,000 for a spacious 1,600-square-foot two bedroom—will boast breathtaking views of the Gulf Islands.
A system of inter-connected trails stretch from the beach to all reaches of Ladner and Delta.
Toigo said the community has been designed with the long-term in mind.
With sloped roofs and generous overhangs, concrete construction, rainscreen technology, and hardiplank siding that looks like wood and is made from cement, Toigo said a lot of time and money were invested to ensure the condo project’s quality was second to none.
As stunning as the arts-and-crafts influenced project looks from the outside, what’s hidden from view is just as important, he said.
All homes in the project are heated and cooled via a geothermal exchange system, translating into heating bills ranging from about $25 to $35 per month.
And Toigo said despite the plentiful amenities, planning around low-maintenance designs has helped keep the strata fees as low as possible, at just 26 cents per square foot. That translates into $260 per month for a 1,000-square-foot unit.
There’s no point, Toigo said, in paying $1,000 per month in maintenance fees, then you might as well have another mortgage.
Toigo said what Tsawwassen Springs offers is a unique community.
“We know there’s nothing like this in the Lower Mainland.”
For more information about Tsawwassen springs, visit tsawwassensprings.ca.
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