New rental complex under construction in Collingwood
Construction is now underway on a new rental housing development in Collingwood.
The Residences at Silvercreek on Prince of Wales Drive, formerly Highway 26, is a three-building, four-storey complex that will house nearly 190 apartment suites, which will increase the number of rentals in town by 33 per cent.
- Download the CTV News app to get local alerts on your device
- Get the latest local updates sent to your email inbox
The complex will have open-concept suites with views of Georgian Bay, Blue Mountain Ski Resort, and Cranberry Marsh.
"Residences at Silvercreek is an effort across our group of companies, with resources leveraged and expertise utilized among several of our business units," stated Jason Castellan, co-founder and CEO of Skyline Group of Companies.
"With the town having a vacancy rate of only 2.5 per cent as of October 2023, we are proud to be providing new rental housing where it is needed most, bringing forward an opportunity for more people to live and work in this town," Castellan continued.
The complex will also house a 4,800 square-foot central amenity space with a kitchen, games room, gym, outdoor terrace, hot tub and pickleball court.
The development project is scheduled to be completed in the spring of 2026.
CTVNews.ca Top Stories
'We were vetted': Sex-ed organization 'disappointed' over Higgs' comments
The head of a Quebec-based sexual and reproductive health organization says she's disappointed New Brunswick Premier Blaine Higgs has deemed presentations she did in the province last week inappropriate.
Grayson Murray's parents say the two-time PGA Tour winner died of suicide
Grayson Murray's parents said Sunday their 30-year-old son took his own life, just one day after he withdrew from a PGA Tour event.
The dreams of a 60-year-old beauty contestant come to an abrupt end in Argentina
A 60-year-old woman saw her dreams of becoming the oldest Miss Universe contestant in history melt away in a haze of sequins and selfies Saturday at Argentina’s annual beauty pageant.
2 died in plane crash near Squamish, B.C., police confirm
Two people died after a plane went down in a remote area near Squamish, B.C. on Friday, authorities have confirmed.
Kingston, Ont. tenants fed up with lack of action from landlord over broken floor tiles
Joel Felder and Misti Pitcher have been living in their apartment in Kingston, Ont. for over two years, but the past 12 months have been miserable.
Driver, 18, gets $3,000 ticket, 32 demerit points after speeding on Laval boulevard
A young driver received a hefty fine from Laval police after they say he was driving nearly 100 km/h over the posted speed limit.
Are you a loud snorer? You could have sleep apnea
You'll have a lot more energy throughout the day if you get a good night's sleep, but not everyone does due to a medical condition.
At least 15 dead after severe weather carves path of ruin across multiple U.S. states in the South
Powerful storms killed at least 15 people and left a wide trail of destruction Sunday across Texas, Oklahoma and Arkansas during the latest deadly weather to strike the central U.S.
North Korea informs Japan of a plan to launch military spy satellite
North Korea has told Japan it plans to launch a satellite by early next week, an apparent effort to put its second military spy satellite into orbit.