Luxury condominium arrives at perfect time for red-hot Oakville market

29 new private residences arrive at a time of limited supply and extensive demand in Halton Region.

OAKVILLE, ON, April 26, 2017 /CNW/ - Launched under the banner of 'Living, Without Compromise', The Insignia Private Residences at Sixteen Mile Creek was officially introduced to Oakville last week.

A stunning nine-storey structure with 29 luxurious and very private suites offering breathtaking views of Sixteen Mile Creek; the timing of this development provides welcome additional supply in a market that currently offers very few new home buying choices in the 800K – 2.5 Million dollar range.

"Based on the latest statistics from the Oakville, Milton & District Real Estate Board, residential sales in Oakville are up more than 18% in the last twelve months," said Cindy Avis of The Avis Team. "The timing could not be better for the arrival of 29 new residences in Oakville amidst the tightest demand this town has seen in years. With the average price of a new residence in Oakville up 35.9% in the last 12 months to more than $1,390,000, this project creates a much needed destination for those in search of luxurious condominium living," continued Avis.

Developed by Opus Signature Collection and designed by OneSpace Architects of Toronto, the suites are generously proportioned from 1,271 sq. ft. to the palatial 3,117 sq. ft. upper penthouse. With only two, three or four suites per floor, each home is guaranteed a corner view.

"We started out a few years ago to design The Insignia to maximize the enjoyment of living in one of Canada's best towns. Being just steps away to express train access and some of the world's very best arts, culture and cuisine in Toronto, makes the appeal obvious," said Dilsher Singh, Project Manager at Opus Signature Collection. "Built by construction partner LCL Builds of Toronto, The Insignia Private Residences will be a showcase of uncompromising quality, exclusivity and privacy for our owners," said Singh.

Utilizing one of 12 separate floor plans, each buyer will receive complimentary design consultation by the extraordinary luxury home design team at Oakville-based, Studio h Interior Design.

"We have selected a collection of luxurious and high quality finishings that will complement the contemporary architecture of this building," said Anne Aziz, Principal of Studio h Interior Design. "We look forward to working with each of the 29 buyers to personalize their residence and fully maximize the spaciousness of each suite."

Owner amenities at The Insignia are luxurious and include private concierge; panoramic south-facing rooftop lounge with professional kitchen and dining room; walkout rooftop terrace with outdoor cooking facility; a stunning lounge space; and, a main-floor wine lounge with private wine lockers. Most suites offer parking for two vehicles.

"Haven taken deposits on several units in the first 48-hours, I would say this project has definitely hit a sweet spot," stated Stacy Peereboom, Agent and Partner in The Avis Team. "With 10' high floor-to-ceiling windows, luxurious finishes, gourmet kitchens and private walk-out terraces, these residences are very appealing to the tastes of Oakville clientele looking to make a life change without compromising space or luxury," said Peereboom.

For more information about The Insignia Private Residences at Sixteen Mile Creek, visit the sales centre at 229 Lakeshore Road East, Oakville, ON; call 905.338.9000; or, visit the project online at theinsignia.ca.

SOURCE Opus Signature Collection

For further information: For media inquiries, please contact: Larry Futers, 7 Communications, (P) +1.416.408.4488 x201, (E) lfuters@7communications.ca

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