All 56 Units in Canton Community Sold in Four Months

Peabody Properties announced that it has exceeded $18 million in sales at River Village Condominiums in Canton, selling all 56 units within a four month time period. River Village, which has been marketed and managed by Peabody Properties since 2009, is a condominium community located on Walpole Street.

The historic River Village site, the former Boston Manufacturing Company and later the Neponset Woolen Mills, was first renovated in 2009 by developer EA Fish Associates for residential use as condominiums. Sensing a changing housing market, River Village was quickly converted to rental apartments within the first month of its opening. In late 2013, after years of dormancy in condo sales, the developer saw signs of a revived demand in the condo market and, in collaboration with Peabody Properties, began a two year conversion of River Village from rental apartments back to condominium homes.

Located near the Canton Junction train station, River Village offers one- and two-bedroom condos ranging in price from $217,000 to $370,000. The property features a dramatic great room, an ideal spot for residents to entertain or relax, a high-impact fitness center and lush landscaped grounds with a spacious outdoor seating area. Each condominium offers many amenities and high end finishes, including hardwood floors, crystalline gas fireplaces, stainless steel appliances, granite countertops and tile baths.

According to Peabody Properties’ Principal and Chief Executive Officer, Karen Fish-Will, the sale of all 56 River Village units in just four months has been extraordinary, generating more than $18 million.

“We are proud of our successful marketing and sales campaign at River Village – an effort led by our dedicated and experienced team that exceeded expectations in record time. This condominium community, which offers so many amenities and attributes, provides homeowners with an exceptional living experience,” said Fish-Will.

» Read the Boston Globe Article