Townhomes are like the Goldilocks of living in Toronto. You get your own home – including all the roominess and outdoor space of a detached home – with all the convenience and ease of condo living. With a townhome, you get the best of both worlds.
Townhomes typically include multiple floors, designated parking spaces, and a shared wall with another home or homes. Townhome communities usually include shared communal spaces and are generally regulated by a homeowners’ association, which ensures that community maintenance and upkeep are taken care of and that everyone in the community abides by certain rules or guidelines.
If you’re considering buying a new home or condo in Toronto, townhomes are an excellent option to consider. Here are the top five benefits of living in a townhome.
Affordability and Cost Savings
Townhome living offers unparalleled affordability. Townhomes take up less land than single-family homes and are more cost-effective to build, so they’re more affordable to buy. This has great benefits for families as it allows them to get more home for less.
Townhomes also boast lower property taxes than detached homes and lower utility bills, since the shared walls between townhomes help to prevent heat loss and conserve energy.
Owners of townhomes also typically enjoy cost savings when it comes to home maintenance costs. While single-family homes can have many maintenance fees – everything from landscaping to roof repairs to driveway maintenance must be taken into consideration in the budget – many of these concerns don’t apply to townhomes or are covered by the homeowners’ association.
Townhomes are often less expensive than single-family detached homes in the same area, so they let homeowners live in great neighborhoods for a lower cost. Townhomes tend to be centrally located close to transit, shopping, restaurants, schools, entertainment options, and more.
Our upcoming Bartley Towns luxury townhome community, for example, is ideally situated in an ideal Toronto neighborhood at Victoria Park and Eglinton East. This established residential neighborhood in North York is amid a commercial and residential revitalization thanks to the planned Eglinton Crosstown LRT transit extension currently under construction. Best of all, Bartley Towns is close to numerous public and private schools, libraries, community centers, and parks with ample green space and walking trails, making it a perfect place for families to live and grow.
Single Family Living Without the Maintenance
Owning and maintaining a detached home can be a lot of work, and it can be both time-consuming and expensive. From yard work such as pulling weeds, trimming shrubs, and cutting the grass to landscaping to seasonal outdoor work like cleaning eavestroughs and shoveling snow, the list of tasks and chores can be endless. And then there are the bigger maintenance items and repairs to consider, like roof and driveway repairs or repainting your home’s exterior to keep it looking fresh.
With a townhome, you don’t have to worry about any of that. In townhome communities, the homeowners’ association typically handles all maintenance to your home’s exterior as well as to shared outdoor amenities such as parking lots, driveways, and other common areas.
Maintenance-free living is ideal for today’s busy families. It gives you more time to focus on what matters most: spending time with your family. Whether cooking a special meal together, playing sports, or a board game together or simply enjoying each other’s company, you’ll be grateful for the opportunity to relax with your family instead of attending to a never-ending chores checklist.
A Community Vibe
Townhome communities are vibrant, fun places to live because they foster a sense of community and togetherness. As neighbors live close to each other, they tend to get to know each other and to become quite friendly. Townhome living is a great way to make new friends, to meet playmates for your children, and to add a touch of safety and friendliness to your everyday life. Even living in a big city like Toronto, you’ll find yourself bumping into your neighbors and sharing a smile and a chat. Being part of a community is a wonderful feeling and is good for your mental health.
This sense of community also contributes to security, as neighbors know each other and will be more likely to notice and alert each other of any unusual noise, activities, or suspicious visitors. You’ll also have friendly neighbors nearby should you need someone to pick up your mail or keep an eye on your home while you’re out of town on a work trip or family vacation.
Stunning Shared Spaces
Another benefit of townhome living is that you get to enjoy beautiful common areas and amenities, including yards and parks. These are more expansive and luxurious than they would be if they were owned and used by just one family alone, and you don’t need to worry about any of the maintenance.
Townhome living offers all the luxury and spaciousness of single-family living at a lower cost than living in a detached home, and with a more carefree, maintenance-free lifestyle. It’s the perfect way to get all the benefits of living in a great neighborhood while also getting to enjoy more precious time with your family.
If you’re interested in the BAZIS’contemporary townhome community at Victoria Park and Eglinton East, make sure to register now for Bartley Towns to receive the latest news and updates.