With the price of detached homes in Toronto being as expensive as they are. People that are looking for that kind of lifestyle are turning to townhouses. New Townhouses in Toronto are quite in demand especially in places that are closer to the downtown core or along the subway line. Townhouses are usually found in quieter areas off major roads. The space at the intersection and along majors is usually space that will be used for high rise condos. While there are many different styles of townhomes they usually share a few traits. Most if not all will have their own entry into the unit, unlike condos which share a hallway and or an entryway. It’s the preferred option if you are planning on having guests over. Some high-rise condos are almost like labyrinths for guests especially if they are parking underground. Another commonality is that the townhouse is usually spread across multiple floors. Besides those townhouses can vary greatly. There is a full townhome with no fees. These are usually detached and the owner is fully responsible for the unit.
Townhomes with condo fees are the norm, these fees generally include water, landscaping, garbage and snow removal. Over the years stacked townhomes are becoming more and more popular. Developers realized that they can offer a very similar lifestyle to full townhomes, but they will have a lower and upper unit. Along with that developers are also able to put more units closer together, maximizing the returns on the very expensive land. As you can see townhomes are even more unique than condos. Sizes and styles vary, which means there is a townhouse for every type of buyer.
Material on this page is not intended to conflict with buyers/sellers under contract with any brokerage. All info on this site is obtained through trusted and reliable sources. All information is subject to change without notice.
We represent you, the purchaser – not the builder. Tal Shelef & David Wrobel – Sales Representatives @ Cloud Realty 1240 Burloak Drive Unit 3, Burlington, ON L7L6B3 (647)573-0423
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