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Redefining riverfront living, Great Lakes Tower embodies the resort lifestyle in a metropolitan location. Located in the gated Harbortown community, Great Lakes Tower offers units priced from the mid $200,000 with spacious one and two-bedroom floor plans complimented by high-end finishes, abundant amenities, access to the Detroit River, and a carefree resort lifestyle.
The 15-story, 170-unit high-rise condominium is steps away from the Detroit Riverwalk and in close proximity to Detroit’s popular Rivertown Warehouse District, Belle Isle and downtown Detroit. The building’s location provides residents the energy and excitement of the city nearby when desired, and serenity behind the gates when it isn’t.
“Great Lakes Tower is an upscale option in one of the most vibrant neighborhoods in Detroit,” said Matt O’Laughlin, Great Lakes Tower exclusive listing agent, with Alexander Real Estate Detroit. “With intensive revitalization efforts happening around the Rivertown Warehouse District, residents will be able to stroll down the Detroit Riverwalk, enjoy the green spaces along the riverfront and streamline their lifestyle with Harbortown’s phenomenal location and amenities.”
Great Lakes Tower recently received Project Eligibility Review Service (PERS) approval from Fannie Mae. The approval deems the Detroit Riverfront condominium project “warrantable” by Fannie Mae, making financing and the loan closing process easier for buyers. The approval means down payments as low as three percent for primary residents, 10 percent for buyers using the property as a second residence and 25 percent for investment properties.
“Units are moving quickly at Great Lakes Tower,” added O’Laughlin. “The ease and financial benefits of the Fannie Mae PERS approval coupled with NEZ tax credits, quality construction, amenities, location and price point make Great Lakes Tower a must-see for anyone serious about buying a downtown Detroit condominium unit.”
The Great Lakes Tower condominium units range from 748 to 1,457 square feet in size, giving residents ample space for visitors, hosting gatherings or relaxing at their leisure. Each unit is spacious and includes amazing views of the Detroit River, downtown Detroit’s skyline, Canada and the surrounding areas.