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Lora Bay Phase 4 Masters Collection available June 2020

Posted by buildsbythebay on May 25, 2020

Lora Bay Phase 4 Masters Collection available June 2020!

There is NO stopping Lora Bay phase 4 Masters Collection from releasing soon (update: already released if you’re reading this today)! Rumour has it that release is coming soon as early as June 2020! To say I am excited about helping purchasers get into Phase 4 Lora Bay is an understatement! I love that both builders have set up their model homes and are prepared for the duelling sales competition that is about to unfold. Having had the distinct pleasure of selling for both Reid’s Heritage Homes and Calibrex Developments over the past 4 years, I can tell you these new models they offer are game-changers. These beautiful contemporary designs, really have that “WOW” factor! You read it here first … I predict Lora Bay will be the most coveted area to live in the Southern Georgian Bay.

Lora Bay Phase 4 Master Collection Models and Pricing


Rumours say the models will be starting at a cool 1.2 million. For that price tag, you are going to have great expectations for your new home! Just take a drive down Timber Lane in Thornbury and you will see how beautifully those models turned out. The exteriors boast natural wood and stone and generous windows. Make no mistake, each one of these homes have been lovingly designed by each owner with the help of a stellar design team. Your head will spin with glee at the interior choices you will have. Dreaming of designing your own kitchen and ensuite bath? Are cathedral ceilings, open floor plan with master floor living something you have been coveting? If a resounding yes is the answer, these phase 4 Lora Bay Masters Collection models are for you!

I recently ran into Denise, who purchased a beautiful new build in phase 2. She absolutely gushes when speaking about her new community. She said, “I can tell you that the house is actually a distant third after the friendships and lifestyle. We have no regrets and this is the best move we have ever made!”

This past Christmas, I was at a party, and of the 20 couples attending, NOT one of them knew each other 2 years previous! The toast of the evening was, “To lifelong friendship”. These new bestie’s are all enjoying the amenities that go along with living in a golf course community. A lot of residents don’t even golf! They snowshoe, walk or bike the trail. For water activities, they head to the bay for Supping or swimming. They enjoy their Friday night meet and greets to check in and say hi. There is even an indoor recreation centre if you care to line dance or Zumba.

Payment Terms and Timelines for Phase 4 Masters Collection

Now the nitty gritty… payment terms and timelines. Both these builders offer VERY reasonable deposit structures. At the time of writing, the deposit was 15% of model base price, plus lot premium. I let everyone know to budget 15-20% of the base price of your home for upgrades. The deposit on the upgrades is 25%. The timeline for closing is typically a year away. That means, if you write an agreement of purchase and sale June 30, 2020 you will be moving in June 30, 2021. Having a year out close date really helps planning. It will give you time to wind down your “other” life, sell your existing home and transition up here slowly.

For more insider information on these builders, and to make sure you get in for first choice on lots and models of the Lora Bay Phase 4 Masters Collection available June 2020, contact me. Reading this after June 2020? Well, thank you for taking the time to read my blog on Lora Bay Phase 4 Masters Collection available June 2020 and continue checking out my blogs and social media for updates on the next phase released of Lora Bay. We have another blog on Homes for Sale in Lora Bay you can read for more information on this pocket and an update on Lora Bay Phase 5 Spring Update 2023 on the Lora Bay Cottages. Remember, the builder’s sales representatives will be representing the builder, and I am here for you! Contact me today to get started on whatever your real estate needs. 

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