Lot 16

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
St. Catharines is the largest city in the Niagara Region which is forecasted to grow to 610,000 people by 2041 – a 28% increase from current numbers. In addition, the region is also projected to gain 80,000 new jobs within the same time period. This increase in population and employment will lead to a rise in housing demand, offering a very healthy return for those getting into the market now.

LOCATION, LOCATION, LOCATION
St. Catharines is situated in the northern part of the Niagara Region, just off of the QEW and within a short distance to the thriving tourism industry in Niagara Falls and Niagara-on-the-Lake. With over 13 million annual visitors, the region boasts 150 hotels and motels, more than 90 wineries, over 40 golf courses, 2 casinos, and 40,000 jobs in the tourism industry. This industry generates over $2.4 billion in annual spending, which continues to boost the local real estate market.

CONNECTIVITY & EDUCATION
St. Catharines is serviced by numerous convenient transportation options, including the QEW, Highway 406, Highway 81, GO Transit, Niagara Region Bus, four international border crossings, and three international airports that are within a 100 km radius. The city’s connectivity is improving even more as GO Transit expands its service from St. Catharines to downtown Toronto’s Union Station, making travel throughout southern Ontario even more accessible. Additionally, St. Catharines is home to Brock University, which is recognized as one of Canada’s top post-secondary institutions and has a student population of over 19,000 and 600 faculty members.

REPUTABLE DEVELOPER
Founded by a group of industry leaders with a 360-degree vision for the future, Sphere is a world away from the usual development company. With a boutique focus on finding and developing properties of unique and enduring appeal, Sphere takes a full circle approach to home building.

The leadership team at Sphere Developments has decades of combined experience in the financing, development and sales of real estate projects from luxury custom builds to high rise towers. The teams expertise and experience enables them to be hands on with every aspect of the business, including underwriting, rezoning, design, budgeting, marketing, sales, and evaluating new acquisitions.

Quick Facts*

Developer: Sphere Developments
Address: 16 Melbourne Ave, St. Catharines
Nearest Intersection: Westchester Cres & Oakdale Ave
Pricing: Starting From The $500s
Occupancy: Spring 2025
Number of Homes: 104 Stacked Towns – 3 Levels
Home Type: Two Bedroom – Three Bedroom + Den Stacked Towns
Square Footage: 856 sq ft – 1,267 sq ft
Maintenance Fees: Approx. $0.16/sq ft (Includes landscaping, waste removal, snow removal // Excludes hydro, water, internet, and cable)
Deposit Structure: $5,000 on Signing // Balance to 5% in 30 days // $1,000/Month for 1 Year (12 Installments) // 10% Minus $12,000 on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Charges & Education Levies (2 Bed, 2 Bed + Den & 2 Bed + Study: $5,000 // 3 Bed, 3 Bed + Den & 3 Bed + Study: $7,000), Capped Meters, $0 Assignment Fee (Valued at $10,000), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, $5,000 Decor Credit, Right to Lease During Interim Occupancy, $15,000 Off the Price of Regular Parking ($30,000 $15,000), $25,000 Off the Price of Tandem Parking ($50,000 $25,000)