1061 Eagletrace Drive
"Rembrandt Walk"
1061 Eagletrace Drive
Units73 upon completion
Built2016-present
Registered as condos2017 and 2019
Average MLS Selling Price 2024 (first 10 months)$1,138,000 (one a resale of a new build)
Average MLS Selling Price 2023Sample size (1) too small to report
Average MLS Selling Price 2022$1,130,000 (based on 3 MLS sales)
Average MLS Selling Price 2021$847,900 (based on 4 MLS sales)
Details:
"Rembrandt Walk"
This project shares the same address as an adjoining complex directly to the south called "The Towns of Rembrandt Walk. Upon completion "Rembrandt Walk" will consist of seventy-three vacant land condos.
This complex was originally started in 2016 and is still under construction today. It's part of Rembrandt's strategy to always have available something "move in ready" in the upper marketplace for sale. We also note that the current average selling price combines the sale of new and resold units.
Here you will find a mix of one-floor units (typically with lofts) and two-storey homes. Known unit sizes are 2079, 2254, 2388, 2394, 2463, 2678 and 2688 sq. ft. Typical lot widths of 40 ft. with some corner lots and premium lots of 48 ft. and other premium lots of 48 ft. and 58ft. Lot depths for houses of this size are somewhat small. The compact blueprint of this project is something that sometimes catches the surprise of many potential buyers. Big homes on small lots. That formula works well in many cities.
Going into the end of 2024 Rembrandt still had about two vacant lots to build on and about half that many new homes finished out or soon to be finished out. We note the reasonable condo fees of $234 per month covering the snow removal of roads and driveways (and front steps) and lawn maintenance. Yes, there are some pet restrictions. Some buyers who purchased in the early phase have had to live in a construction like zone for many years. In all fairness, "Rembrandt" should be congratulated for turning quality products in our city for many years.
Property Manager
Lionheart 519-641-6868