The historic demolition of 40 percent of the Cavendish Mall began earlier this week. It will take at least another month to complete. The sale of new townhouses is already underway. Joe Levine, president of Dubelle Developments Ltd,, did not even have to undertake a marketing campaign yet as potential buyers have been calling for months.
According to Levine, who has built such developments as Ilan Ramon Crescent and Cambridge Courts, the first 14 of 53 townhouses are already reserved. The entire project will be constructed in three phases. These three and four bedroom townhouses are selling for about $525,000. Eighteen four-bedroom semi-detached homes will go for about $650,000 each, And purchasing a four or five bedroom home will cost over $1 million.
This project will straddle Districts 2, 6 and 8. To see the video of what the new Mall project will look like in a few years click here