Welcome to Issue 7 of the FLC News, MDM’s newsletter keeping you up to date with all the progress on site at the Fenelon Lakes Club as well as sharing some local community highlights and news.
CONSTRUCTION UPDATE
Nearing the Finish Line!
The dog days of summer certainly aren’t affecting progress onsite, as it’s been all hands on deck in preparation for the coming occupancies!
At Balsam house, floor 2 is substantially complete, with subsequent levels to follow in the coming weeks. Flooring work is ongoing on floors 4 and 5 and the parkade is set to be painted in Mid-July. Over at Cameron house, drywall has reached the 4th floor with tiling and millwork starting on the 2nd.
At the Clubtowns, we hit a major milestone this past month with 4 of the units reaching occupancy! The remaining units are all in the final stretch with finishing and painting being the top priorities.
Check Out Some More Photos On Our Blog!
The Circus is in Town!
Enjoy an afternoon of captivating circus acts intertwined with the vibrant essence of African culture and dance. Abebe and Rabin take the stage at the Grove Theatre on Saturday July 29th, showcasing impressive balancing acts, juggling displays, and acrobatic feats. This family-friendly event promises to be an experience filled with wonder and excitement. Tickets can be purchased at grovetheatre.ca
And don’t forget, the Fenelon Falls Farmer’s Market opens every Friday during the summer. Located at the corner of Bond and John streets, make sure to swing by to check out the varied vendors and their fresh and delicious local goods!
See What Else Is Happening In The Community Calendar!
Canadian Home Prices Up In Spring
The Canadian housing market experienced a robust rebound in May, with home sales surging in 70% of local markets. This surge in demand led to a rally in home prices, as indicated by the Teranet-National Bank Composite House Price Index. Notably, the index showed a 1.6% increase in May, marking the first monthly rise in eleven months.
Teranet attributes the recovery in property prices to the strong resurgence of the resale market and Canada’s record-breaking demographic growth, which has contributed to a shortage of available housing. This shortage is expected to persist due to declining housing starts across the country.
