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10 Things to Consider Before Buying a New Townhome in North York

Buying a new home, townhome, or condo is a big investment and a decision that will impact your and your family’s lifestyle for years to come. If you’ve settled on the idea of buying a townhouse in North York, this blog post is for you.

Townhomes are a great option for families who are looking for their own home – with the spaciousness and privacy of a detached home – but with all the convenience and ease of condo living. As we outlined in a previous blog post about the benefits of townhome living, 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. The benefits of buying a townhome include cost savings and affordability, amazing locations, single family living without the maintenance, a community vibe, and stunning shared spaces.

Not sure what the differences are between a townhome and a condo when it comes to home ownership, legal statutes, and privacy? Check out our blog post “Townhomes vs. Condos: Do You Know the Differences?

If you’re going to buy a townhome specifically, there are unique considerations that you should take into account before making your decision. Here are 10 things to consider before you buy a new townhome in North York:

#1: Your Budget

First things first: before shopping for a townhome, get a mortgage pre-approval and know the budget that you’re working with. This will help you to shop smart, to not fall in love with properties that are out of your means, and to be able to act quickly once you’ve found “the one” (you’ll know it when you find it!).

Townhomes often offer good affordability because they’re less expensive to build compared to single detached homes, due to the high land costs in the Greater Toronto Area.

Using a mortgage affordability calculator is a good place to start if you’re not sure of what your budget is.

#2: Where You Want to Live

Location, location, location – it matters! Before buying a new townhome in Toronto, consider its location and if it’s in an area that you would truly like to live in. Things to consider about a neighbourhood include:

  • Its proximity to major highways and transit options such as buses, subway or light rail transit (LRT) – both existing and upcoming/under construction are important to consider
  • The schools in the area (their quality and whether there are options for French Immersion or Montessori, if you’re looking for those)
  • The proximity of other community and family-friendly amenities such as daycares, libraries, community centres, restaurants, shops, grocery stores, salons, movie theatres, museums, attractions, and so on
  • Its walk score and how many places you would be able to walk to on a daily basis (as well as whether or not the neighbourhood is pedestrian-friendly)
  • Its bike score and how many nearby parks/green spaces there are to explore
  • How close or far it is from your work, your family or friends’ homes, etc.

#3: Your Desired Lifestyle

How do you want to live? Do you enjoy walking to nearby shops and restaurants, or biking along natural trails? How do you get to work – walk, take transit, or drive? Do you have a family? How many kids? How about a dog? How much free time do you have on a typical weekday? How do you like to spend your weekends? All of these questions will have an effect on the type of lifestyle that you like to live.

Low-maintenance living can be yours with a townhome purchase, although townhome owners do have more maintenance to take care of than condominium or apartment owners. Because they’re smaller lots, townhomes are usually quite easy to maintain – and you won’t have to worry about exterior maintenance such as clearing snow or driveway repairs.

Many busy families today love the idea of maintenance-free living. A townhome lifestyle can give you more time to focus on what matters most: spending time with your family.

You’ll also want to find a townhome community that has a vibe that matches the lifestyle you’re looking for. Are the homeowners social and neighbourly, or do they stick more to themselves? Are there community events? Take these factors into consideration before buying a townhome.

#4: Homeowner Fees

Townhomes that have communal areas and shared common elements typically have a homeowners’ association, which is responsible for managing the neighbourhood’s common areas such as roadways and parks. If there’s a homeowners’ association, there will be fees associated with the management of these shared elements.

Before choosing a townhome to purchase, you’ll want to know whether it has a homeowners’ association and what the monthly fee costs, as well as what it covers or doesn’t cover. Make sure to factor this cost into your financial calculations and monthly budget.

For example, at our Bartley Towns community, the townhomes share a common element – the roadway – and so there is a monthly maintenance fee, although it’s quite low at just $113.95 per month.

#5: Mortgage Rates

Make sure you’re up to date on all the latest mortgage rules and regulations and take your time shopping around for the best rate. It’s always a good idea to compare mortgage rates from at least three different lenders.

#6: Community

When you buy a townhome, you don’t exist on an island – you become part of a community. This goes beyond the location or neighbourhood. A community consists of the people who live in the neighbourhood and the unique fabric that they weave together. Is the community diverse, friendly, and accessible? Do neighbours say hello to each other and maintain relationships? Do you get a good feeling when you walk through the community and when you visit the local shops? Find a community that feels a bit like home already, and before you know it you’ll be an integral part of it.

#7: Privacy and Personalization

Townhome communities have various degrees of privacy, based on the townhomes’ construction (how thick the walls are and how well they are sound-proofed) as well as the layout of the townhome designs (whether they’re stacked or not, for example). Make sure to talk to the builder (for a new townhome build) or neighbours (for an older build) to get an idea of what you can expect and to see if it suits your lifestyle.

You’ll also want to know what the rules are in terms of personalization, both to your new townhome’s interior and the exterior. Many townhomes have rules about what changes you’re allowed to do to the home’s exterior, for example.

#8: Style and Design

Just as you’d explore the features and finishes of a condominium or detached home before buying, you’ll also want to see if a townhome’s design suits your style before making the plunge. Details like flooring and kitchen countertops can be costly to replace, so you’ll save money and time if you purchase a home that you love right off the bat.

You’ll also want to consider the home’s layout and make sure that the floor plan works for you and your family.

#9: Amenities

Many townhome communities come with shared amenities or communal spaces such as driveways, roadways, parks, and sometimes even pools, gyms, or saunas. Determine which amenities are important to you and worth the extra cost, and then check out which amenities the townhome you’re looking at has.

#10: Builder

Lastly, know your builder. Buying a townhome from a reputable builder with a history of building and developing exceptional communities will secure your investment and put your mind at ease.

BAZIS has a long reputation of designing luxurious living spaces with the utmost attention to detail. Being able to successfully combine visionary architecture and design with marketing and construction has turned BAZIS into a reckoning force in pronouncing the city’s landscape.

The company is known for the unique architecture and high standards of luxurious finishes of its various residences. Knowing that each of BAZIS’ developments is crafted with exquisite design, superior location and elaborate amenities will give you peace of mind.

Make sure to follow BAZIS on social media (Facebook, Twitter and Instagram) for more tips, info, and industry updates.

Bartley Towns: Why It’s a Great Investment and Everything You Need to Know About the Grand Opening

Bartley Towns

This weekend, the Grand Opening of Bartley Towns, BAZIS’ newest Toronto townhome community, is officially here. Bartley Towns is ideally situated at Eglinton and Victoria Park within an established residential neighbourhood and near an area that’s in the midst of a commercial and residential revitalization. It’s a great community and neighbourhood to invest in, and it’s now open for sale.

Everyone knows the number one rule and mantra of buying real estate: location, location, location. BAZIS prides itself on building in prime neighbourhoods throughout the City of Toronto, and Bartley Towns is no exception. This community of just 84 townhouses is located in close proximity to the DVP north and south highway and minutes away from the new Eglinton LRT, perfectly situating the community for ease of commuting and getting around Toronto.

Read on to learn why buying a Bartley Towns townhome is a great investment and all the details you need to know about the Grand Opening this weekend.

Making a Good Real Estate Investment in Toronto

When it comes to making a solid real estate purchase and investment in the City of Toronto, there are a few key factors that come into play:

  • Location
  • Quality
  • Potential

 

Bartley Towns is a sure winner in the location department. The townhome community is located on Victoria Park just a bit south of Eglinton and just east of the DVP, 600 metres to the Sloane LRT stop and about a 10-minute walk to Eglinton Square. Eglinton Square is going through a major redevelopment, which adds to the “potential” quality. And BAZIS is a renowned, reputable builder known for building high-quality, luxurious living spaces with the utmost attention to detail. Location, quality and potential: check, check and check.

Let’s explore each category closer.

Location

Eglinton Square

Bartley Towns’ neighbourhood is also known as Victoria Village or Victoria Park Village. This multicultural, diverse area features winding streets that are charming and pedestrian-friendly, and feels like a cozy enclave in the middle of the bustling City of Toronto.

The area’s quiet streets, well-maintained homes and large lawns make it welcoming and picturesque, and the neighbourhood is highly appealing to young and growing families. The community boasts numerous public and private schools (Bartley Towns has 17 schools within a 20-kilometre radius), libraries, community centres and parks with ample green space and walking trails as well as movie theatres, museums, grocery stores, and several public transit options, all of which add to the appeal for families. The neighbourhood also has an impressive 55 restaurants, bars and coffee shops, which makes it a great place to explore and to enjoy an evening out. Read our blog post “40+ Shops, Restaurants, and Amenities Near Eglinton and Victoria Park at Bartley Towns” to learn more about the many amenities close to home in this family-friendly neighbourhood.

Neighbourhood Walk Score

The neighbourhood also has a strong bike score of 57, an excellent walk score of 69 and a solid transit score of 68. Residents will benefit from the brand new LRT, which is scheduled to be completed by May 2022 (well before Bartley Towns move-ins begin). The Eglinton Crosstown LRT’s development and construction represents an $8.4 billion investment and is set to be a major Toronto transportation artery in the near future. Victoria Village residents can also take advantage of the 24-hour bus service along Victoria Park Avenue, which connects to the Bloor-Danforth subway line.

Explore this family-friendly Toronto neighbourhood further.

This prime location makes Bartley Towns a great community to invest in.

Quality

Home Interior - Kitchen

When investing in a real estate property, quality is also a key consideration. Choosing a house or townhouse built by a reputable builder with a long history of excellence is a safe choice to make sure you get the most value for your investment.

BAZIS has a long reputation of designing luxurious living spaces with the utmost attention to detail. Being able to successfully combine visionary architecture and design with marketing and construction has turned BAZIS into a reckoning force in pronouncing the city’s landscape.

The company is known for the unique architecture and high standards of luxurious finishes of its various residences. Knowing that each of BAZIS’ developments is crafted with exquisite design, superior location and elaborate amenities will give you peace of mind.

Potential

Yonge and Eglinton Rendering

The potential of an area is also important, because you want to make sure that your investment will increase exponentially over time. While Victoria Village is an established community, it also has heaps of potential as it’s undergoing a period of major growth and revitalization. Nearby Eglinton Square is going through a major redevelopment, the brand new Eglinton Crosstown LRT is under construction and set to open in 2022, and the stretch along Victoria Park Avenue is undergoing a major period of commercial revitalization.

Bartley Towns’ Grand Opening Is This Weekend!

Bartley Towns represents a great investment opportunity and offers beautiful townhouses in a prime location that your family will love. The community is now open for sale, but act fast as there are just 84 townhomes available.

Interested in learning more about Bartley Towns? Explore our website to discover the home designs, explore the beautiful features and finishes, and to book your private appointment with our sales team today. You can also contact our sales rep John Ly at info@bartleytowns.com or 416-639-8788 if you would like to make a virtual or in-person private appointment at our Sales Office (located at 250 Shields Court, Unit 1, in Markham). Signing of documents is available via DocuSign or in person. Deposits can be made via wire transfer or by bringing cheques to our Sales Office.

Make sure to follow BAZIS on social media (Facebook, Twitter or Instagram) for more news, info, and the latest updates on Bartley Towns and other communities.

Bartley Towns’ Exclusive Opening Is Here

The long-anticipated launch of BAZIS’ newest Toronto townhome community, Bartley Towns, is finally here!

Ideally located at Eglinton and Victoria Park within an established residential neighbourhood that’s also in the midst of a commercial and residential revitalization, Bartley Towns is the family-friendly Toronto community that many residents have been eagerly awaiting. What’s more, it’s an incredible neighbourhood to invest in.

Many Toronto residents have spent the last 16 to 17 weeks in some degree of isolation due to the COVID-19 crisis, and during this time have looked around the place they live and realized that they’re in need of a change. The new townhomes at Victoria Park and Eglinton, Bartley Towns, offer just that.

With access to the DVP north and south highway immediately adjacent to Bartley Towns as well as easy access to the new Eglinton LRT, the community is perfectly situated. The townhomes also offer incredible designs, beautiful finishes, and limited time exclusive incentives.

The Toronto Real Estate Market Is as Strong as Ever

In July 2020, we’re currently in the midst of what is really, for many, a surprising recovery in terms of the Toronto real estate market. In the past few months, we’ve seen a slow and steady recovery, with each month doubling the sales results of the previous month. June sales levels were back up to what would be expected pre-pandemic.

Infographic - Monthly Real Estate Resales in the GTA - January-June 2020

Post-COVID-19 Real Estate Market Recovered

With 8,700 resales last month, the real estate market shows that it has bounced back to the numbers that would be expected during normal times. These resales cover all product ranges and types, particularly townhomes, which have seen very strong demand and growth.

Infographic - Monthly Resale Average Price Sold In GTA - January to June 2020

Pricing, too, has bounced back. Prices have risen between 10-14% the past month, reflecting the tight supply and high demand.

Infographic - GTA Real Estate Resale Inventory - January to June 2020

Infographic - New Home Inventory

These numbers show that consumers are ready to buy. Although they’ve been sitting on the sidelines watching how the pandemic plays out, they’re now ready to jump into the market and buy. If you’ve been considering buying a new home or townhome in Toronto, now is the time to act – especially since supply is low and builders like BAZIS are now offering special incentives.

BAZIS: Rewriting Toronto’s Urban Story

Bazis Building Projects

BAZIS has a long reputation of designing luxurious living spaces with the utmost attention to detail. Being able to successfully combine visionary architecture and design with marketing and construction has turned BAZIS into a reckoning force in pronouncing the city’s landscape.

As a company, we’re known for creating contemporary luxury condominiums and homes located in prime neighbourhoods throughout Toronto.

“At BAZIS, we pride ourselves on design, quality and the prime locations of our projects,” says Veronika Belovich, Vice President of BAZIS.

Unique architecture and high standards of luxurious finishes are reflected in past and present projects which include Bartley TownsCrystal BluEmerald ParkExhibiteCondos and 1 Yorkville. Each of these developments is crafted with exquisite design, superior location and elaborate amenities.

Welcome to the Neighbourhood

Bartley Townhouse Neighbourhood Guide

Bartley Towns is perfectly situated to meet the growing needs of today’s modern families. The townhome community is located on Victoria Park just a bit south of Eglinton and just east of the DVP, 600 metres to the Sloane LRT stop and about a 10-minute walk to Eglinton Square (which is going through a major redevelopment). Just beyond that, the famous Golden Mile has a Walmart, Joe Fresh, shopping, schools, restaurants and more.

Bartley Towns is located close to numerous public and private schools, libraries, community centres and parks with ample green space and walking trails.

Toronto’s newest townhome development has it all, including movie theatres, museums, grocery stores, and several public transit options.

Eglinton and Victoria Park Amenities

Check out our blog post “40+ Shops, Restaurants, and Amenities Near Eglinton and Victoria Park at Bartley Towns” to review a sampling of the existing amenities in this family-friendly neighbourhood.

The neighbourhood boasts 55 restaurants, bars and coffee shops in Victoria Village, and Bartley Towns has 17 schools within a 20-kilometre radius. It has a bike score of 57 – it’s minutes away from the safest and most enjoyable biking trails in the City of Toronto.

The community also has a strong walk score of 69 – leave the car at home and walk to shopping malls, restaurants and entertainment.

Bartley Towns’ strong transit score of 68 exists in part because residents will benefit from the brand new LRT, which is scheduled to be completed by May 2022 (well before Bartley Towns move-ins begin). The Eglinton Crosstown LRT’s development and construction represents an $8.4 billion investment and is set to be a major Toronto transportation artery in the near future. The LRT’s speeds average 28 kilometres per hour, which is up to 60% faster than travel now.

An Exclusive Collection of Just 84 Townhomes

Bartley Towns Site Plan

The exquisite collection of just 84 townhomes are all freehold townhomes, which means that you own the home itself.

The townhomes share a common element – the roadway – and so there is a monthly maintenance fee, although it is very low at just $113.95/month.

Home Designs and Floor Plans to Suit Your Lifestyle

Bartley Towns Floor Plans

Bartley Towns’ home designs are ready to be explored. Elegant brick, stucco, and accent details are meticulously brought together in an interplay of delicate colours and timeless proportions. Expansive and refined windows frame park views from the inside, and charming front yard landscapes embellish your clean and sophisticated front entrance.

The floor plans are primarily 4-bedroom homes, with some having the option to go to 3 or 5 bedrooms. The homes feature multiple balconies and a lot of flex space so you can live in style and enjoy your time at home, every day. Flex space such as a den or home office allows you to customize your home to suit your lifestyle. The kitchen and family room are designed in an open-concept fashion, with different options available to give you various configurations, so you can choose the layout that suits you best.

The floor plans feature large bedrooms and bathrooms, with the option of turning one of the bedrooms into a more open-concept family living space if you only need 3 bedrooms instead of the standard layout of 4 bedrooms. Explore the 7 distinctive floor plans.

Luxurious Features and Finishes

Bartley Towns’ thoughtfully planned open-concept layouts are developed to complement your family’s desires and needs, making your home a distinct expression of your personal taste and style. Building on this, the homes feature luxurious finishes inside and out.

Distinct finishes include tall 9’ ceilings on every single floor, high performance laminate flooring on lower and main levels, beautiful natural-finished oak staircases, elegant quartz kitchen and bathroom countertops, ceramic tile kitchen backsplashes, framed glass showers, and much more.

The community features special incentives as well as an extended deposit structure, so get in touch with our sales team ASAP to take advantage of these limited time offerings (not detailed above).

Book Your Appointment Today

Please contact our sales reps John Ly and Nassim Heshami at info@bartleytowns.com or 416-639-8788 if you would like to make a virtual or in-person private appointment at our Sales Office (located at 250 Shields Court, Unit 1, in Markham). Signing of documents is available via DocuSign or in person. Deposits can be made via wire transfer or by bringing cheques to our Sales Office.

Bartley Towns’ move-in dates (closing dates) are scheduled for January 2023, and construction is set to begin in the spring of 2021.

Visit the Bartley Towns page to discover the home designs, explore the beautiful features and finishes, and to book your private appointment with our sales team today. And make sure to follow BAZIS on social media (Facebook, Twitter or Instagram) for more news, info, and the latest updates.

Everything You Need to Know About Toronto’s 2020 Real Estate Market Forecast

With Canada’s national housing supply being at the lowest levels seen in 12 years according to the Canadian Real Estate Association (CREA) and home sales rising 0.6% nationally from October to November 2019 (for the ninth straight month of increases), it’s clear that the Canadian housing market is on fire. Continue reading

A Positive Outlook for New Homes in Toronto this Fall

A generally positive fall is underway with a relatively strong real estate market in Canada. This is great news for those investing in real estate, which continues to show strength over the long term as a means to build wealth in Canada. 

 

The Canadian Real Estate Association is reporting slight increases in September, with benchmark prices rising .5% in September over August and increases of 1.3% year over year.  Continue reading

Buying New Construction Townhouses in Toronto – [Essential Tips]

Whether you’re considering buying a new construction home or resale home in Toronto, you’re looking for the best home your money can buy. You want the reassurance of knowing you’re buying a well-constructed home, free of deficiencies. That’s why you’ll spend weeks or even months looking at the real estate before you make a choice. Continue reading

Toronto First-Time Home Buyers Could Get a Break

first time homebuyers

2019 Federal Budget Provides Incentives

A recent budget released by the feds may make buying a home a little easier for first-timers. Buying a home remains a solid investment in the future and millennials want to gain a foothold in the marketplace. This is particularly true in Canada’s biggest cities, including Toronto. Continue reading

New Details Released About Bartley – New Townhomes in Toronto

 Bartley Towns townhouses Exterior Rendering

Bartley Towns is the newest townhome development in Toronto from BAZIS. It is comprised of more than 100 freehold and condominium townhomes with 3, 4 and 5 bedrooms. Sizes range from 1,475 sq. ft. to over 1,700 sq. ft.

Bartley Towns is located at Eglinton Ave and Victoria Park Ave. It is adjacent to Bartley Park, a community park that is maintained by the City of Toronto. In the immediate vicinity of Bartley Towns, there are numerous schools, parks and natural areas, as well as O’Connor Community Centre which has great fitness facilities including a pool. Continue reading