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Lora Bay Phase 5: Spring Update 2023 (Lora Bay Cottages)

Posted by merlot on May 19, 2023

Lora Bay Phase 5: Spring Update 2023 (Lora Bay Cottages)

Lora Bay Phase 5 Spring Update 2023 Lora Bay Cottage

I often get asked about Lora Bay, as I have helped many people purchase in Lora Bay and the surrounding developments. I have many blogs post covering the well-loved community of Lora Bay and other Popular Thornbury Neighbourhoods. Although I haven’t posted an update on Phase 5, Lora Bay Cottages yet. So dear readers, let’s give the people what they want, a Lora Bay Phase 5: Spring 2023 Update!

Lora Bay Development Updates:

To stay on top of all these updates we do seasonal video tours on our social media (link to instagram) platforms and Youtube Channel – so be sure to Subscribe to our Youtube Channel ( & if you aren’t already on our Newsletter – sign up here! We offer two different newsletters to get real estate focused updates once mid-way through each month, and/or area updates/events & more at the start of each month. These newsletters will keep you up to date with our newest videos.

If you want to see how far Lora Bay Development Phase 5 has progressed, check out our update from December 2021:

Notice the changes as we share Phase 5 Lora Bay: Spring 2022 Update:

Then our fall tour – Lora Bay Phase 5: Fall 2022 Update if you prefer to watch rather than read about what has progressed.

Since winter wasn’t exactly the winter we normally get, there was plenty of time for construction to develop!  Therefore it is time to update with a Spring 2023 update. I am so excited for my clients who have purchased here as some units are even nearing completion. Check out Lora Bay Cottages Spring 2023:

We are back with a Fall 2023 update of the Lora Bay Phase 5 Cottages:

Lora Bay Phase 5 Development: Spring Update 2023

If you prefer to read all about it, thank you for getting this far! There is a lot of work that happens behind the scenes before the construction process can begin… plans, permits, approvals oh my! We can’t forget about site tests,  Phase 5 Lora Bay, also known as the Cottages construction has begun, land has been cleared. What once was a muddy pit, is now filled in and levelled. The land has been prepared, and the site services have been put in. Shared with the public is a giant sign that states “Site Servicing and Road Works” with an end date stating June 2022, obviously this is a bit behind schedule due to COVID-19, you can read my blog on unavoidable new build delays. What was once a work road, is now a permanent road – beautifully paved. Boots on the ground we can also see most of the foundations have gone in, and the first handful of homes are nearing completion and almost ready for some people to move into their new homes!

Lora Bay Resale

Since Lora Bay Phase 5 is sold out, there are only resale homes within Lora Bay (from any of the 5 phases) that are becoming available. The last Lora Bay home sold for 1.7 Million end of April 2023. Or I just heard from a little birdy that there are a few new builds left at Lora Bay Master Collection: The Sands, luxury townhouses (Check out our video on Lora Bay: The Sands Development Here).

Short but sweet, thank you for reading our blog: Lora Bay Phase 5 Development: Spring Update 2023. This phase is sold out, so if you are interested in other Thornbury Developments – be sure to submit a Thornbury Developments form with your areas of interest so we can keep you updated. You can learn even more about Lora Bay in our blog here if you wish, Once again, be sure to follow us on social media @buildsbythebay as we share updates, real estate insights, featured listings and more. If you are interested in buying or selling we would love to help you with whatever your real estate needs, simply contact us today!

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