Condo developments are popping up in Dayton, I’m sure you’ve noticed the newer Patterson Square and McCormick condos, as well as the Sixth St Lofts, but there is another condo development that you might not know about, in fact, you might not know this neighborhood even exits, at least as a neighborhood with a name and a development plan. I’m talking about Rubicon Square condos.
Rubicon Square is in the Fairgrounds Neighborhood, which is located just south of Miami Valley Hospital and west of Brown St. Its borders are Wyoming, Main, Stewart, and Brown streets, and it’s a fascinating mix of older and newer, more contemporary homes. A home in Fair Market condition can sell for $117,000- $145,000. It’s tucked in behind the newer Brown St development, so in addition to being a charming neighborhood on its own, you are in a very walkable neighborhood, that is beginning to see quite a bit of renewal.
Rubicon Square broke ground in 2013. This is a Charles Simms Development. If you’ve been in the Patterson Square condos, you will recognize the three-story floor plans, but you might not realize these are the same popular townhouses from the exterior because Rubicon Square condos reflect the quiet, tree-lined residential Fairgrounds Neighborhood. They have siding, gables with trim, and covered front doors. Inside, the townhouses reflect the modern style and floor plans that urban Dayton home owners are looking for- large windows that let in natural light, easy-care surfaces, and multi-use rooms, along with a second floor rear balcony for expanded living space.
This is a Planned Unit Development (PUD) so financing a condo in Rubicon Square is going to be easier than other condo developments and are eligible for FHA loans. In addition, employees at Miami Valley Hospital may be eligible for a homestead assistance grant that helps with down payment and closing costs. MVH employees can learn more about a special down payment assistance program offered through the hospital by contacting Coretta Tengesdahl in the Human Resources Dept. HOA fees are $40.00/ month and cover snow removal, building maintenance, and the common landscaping.
As of writing this post, Simms Development told me they have 4 unfinished homes available, 1 “market” home available with about $8000.00 in upgrades, and the model home is still available in Rubicon Square. Financing is done through Union Savings, for details call lender Anne Walters at 937-291-2591.
If you would like to take a look at Rubicon Square condos, or any home for sale in the Fairgrounds Neighborhood, talk to your Realtor, or I would be happy to set up a showing for you- my contact information is below. In addition, the 1 bedroom Brickstone model at Patterson Square is going to be open to the public during Urban Nights on Sept 12, Sharon Hansford told me that they’ve had zero turnover on the “maintenance free” townhouses in Patterson Square in the 3 years they’ve been built. A testament to how livable and desirable these homes and the downtown location is.