New proprietors take over Buell’s Creek condo project

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A life of luxury and relaxation await the prospective tenants of Buell’s Creek Condominiums, the 26-unit property being developed at the former Reliable Furniture Store, if its new proprietors, William and Jeanette Curnew, of Queen’s Plate Development Corporation’s plans come to fruition. The couple, who will be relocating to the area from Lindsay, Ontario, purchased the property from Reliable owner Peter Hoogendam and local partners, intend to build a more upscale condo than originally planned for the $9 million development that will include 26 units ranging from 1,000 to 1,400 square feet and selling for between $279,000 to $500,000. The building will include communal amenities such as a gym, sauna, and whirlpool, and will also use environmentally friendly products such as solar panels and LED lighting, in order to help keep condo costs under control.
“We want to offer an affordable lifestyle that suits retirees and young couples,” explained Curnew.
"I think the convenience of condo living can suit either demographic. They pay for the unit and then they don't have to make another mortgage payment to cover high-end condo fees, they don’t have to deal with maintenance, just the upkeep of their own space, and it’s affordable.”
Curnew added that though there are several other downtown condominiums in the works also looking for tenants, with monthly condo fees under $100, he doesn't anticipate problems attracting tenants.
Construction on the project is underway and Curnew estimates that the units will be ready for occupancy by May 2012.

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