INVESTIIR Group Expands with Five New Phases at Pine Hill
Introducing the Latest Development in Domaine Pine Hill
In a significant move, INVESTIIR Group has announced the launch of the fifth phase of its Domaine Pine Hill project, introducing 121 new lot opportunities within the enchanting Laurentians region. This expansion marks a pivotal moment as it brings the total count of lots to 328, paving the way towards the ambitious goal of developing 500 rental chalets. The company's commitment to accessibility aligns well with the growing demand for rental properties in this picturesque landscape.
Current Trends in the Rental Chalet Market
Increasing Accessibility
With the pressing demand for rental chalets, the INVESTIIR Group aims to make these investments more reachable for local residents and investors alike. Observers note that current economic conditions, including stabilizing mortgage rates and a slowdown in construction, have hindered housing availability. However, this phase brings a ray of hope in a tight market, offering locals a chance to own vacation homes amidst stunning natural settings.
Market Growth
As recreational real estate continues to thrive, compelling data from market analyses highlight that prices for single-family homes in such desirable locations have surged by over 7.6%. Furthermore, the residential property sales around Montreal's North Shore rose significantly—up 13% in recent periods. With consistently high demand for secondary and rental homes, particularly in the Laurentians, every new property becomes a highly prized asset.
Environmentally Conscious Living at Domaine Pine Hill
Affordable Options for Everyone
Interestingly, despite current median home prices soaring to around $500,000, the rental chalets in Domaine Pine Hill are positioned much more affordably, beginning at just $319,995. This phase also introduces the Eco Line, which boasts eight innovative chalet designs focused on minimizing environmental impact while maximizing natural light and energy efficiency. Impressively, over 70% of the existing local forests are preserved, allowing these homes to beautifully meld with nature.
Community Support and Local Economic Impact
Positive Economic Contribution
The development of Domaine Pine Hill is not just about building homes; it’s also dedicated to fostering economic growth within the local community. The project is set to create nearly 200 jobs in the area, enhancing the livelihoods of residents. Additionally, the INVESTIIR Group actively supports community initiatives, contributing $150,000 over two years to revitalize a local arena, showcasing their dedication to enhancing community resources and engagement.
About INVESTIIR Group
The Company’s Mission
Founded in 2021, INVESTIIR Group has rapidly ascended to become Quebec's largest rental chalet development company. Part of the diversified Groupe Gibault, the firm specializes in creating profitable real estate investments in beautiful natural settings. Based in St-Hubert, their dedicated team, composed of over 200 professionals, is devoted to improving the rental property landscape while respecting the environment and community values.
Frequently Asked Questions
What is Domaine Pine Hill?
Domaine Pine Hill is a large-scale real estate development in the Laurentians focused on creating rental chalets.
How many new lots are being offered in the latest phase?
The fifth phase introduces 121 new lots, part of an overall plan for 500 rental chalets.
What are the starting prices for the chalets?
The starting price for chalets in Domaine Pine Hill is approximately $319,995.
How does the company support the local community?
INVESTIIR Group supports the community by contributing to local initiatives, including funding for revitalizing the local arena.
What environmental considerations are included in the development?
The project's Eco Line focuses on minimizing environmental impact while preserving over 70% of the surrounding forest.
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