In a recent article I came across in the Collingwood Enterprise Bulletin, rental housing in our area was mentioned as being at a disastrously low level. This was the fallout from a meeting at the Wasaga Sportsplex where politicians and subject matter experts spoke on the impact of the lack of rental units in the Georgian Triangle.
Rental Housing Shortage Implications for Collingwood
The impact that this shortage could have on the local economy is self evident. Industry will suffer by not having the availability of localized skilled labour. Collingwood, Wasaga Beach, and surrounding area may have to rely on Tourism alone to fund the local economy. What will this do to the taxation mill rate, some say already too high. We should be (and are) thankful that we live in a 4 seasons resort area that has the capability of providing a decent tax base. However, we need the stabilized economy that industry can provide. Industry needs a place for its labour to live.
Alair Homes’ Economic Impact in Collingwood, ON
Alair Homes Collingwood is in the business of building rental units in the Georgian Triangle area. Our defined business model allows investors to own these homes at minimum risk and is an integral part in developing equity for their portfolio. But more importantly, it helps support the local Collingwood economy by creating employment for local trades, purchasing building materials and finishes from local suppliers, and offering affordable housing for new renters to the shores of Georgian Bay.
The picture above is of a duplex rental unit, almost ready for occupants. The lower floor has a self contained 2 bedroom living space and the upper floor has a three bedroom, 2 bathroom layout. Both units come equipped with a full range of kitchen and laundry appliances and ample cupboard and storage space. Each has a single car garage as well.
These homes are aesthetically pleasing. They look like they belong on any street, in any town.
One last item of note, Collingwood’s official plan includes many areas where R2 zoning is applicable, illuminating the need for expensive and cumbersome zoning changes.