The advantages of living in a condominium townhome

Condominium townhome living has a lot of perks. It’s an ideal choice for a family who wants the feel of a single-family home without all the maintenance responsibilities that go along with it. Also advantageous is the fact that many townhomes are typically built in a neighbourhood development (so you get that great community feel) with a multi-floor plan, designated parking spots and/or garages.

With many Toronto lowrise home prices soaring over the past several years, many people can’t afford the deposit on a new home.
I’ve been working with Dunpar Homes on a fabulous new townhome community called Streetsville Centre, nestled in the quaint village of Streetsville, in the centre of Mississauga.

These are seriously next level. Each Georgian-style home has incredible features: Nine-ft. ceilings on the main floor, a gas fireplace, stainless steel appliances, granite countertops and custom cabinetry (plus soaker tubs and double-sinks!), but one of my personal favourite features is the ground gardens and rooftop patios. Having that extra space is crucial for our short-lived, but loved, summers in the city.

If you’re thinking of buying a condo townhome, here are a few of the main advantages:

A classic that never goes out of style

There’s a certain historic and timeless quality of a condo townhome. They’re found in virtually all great cities of the world – Paris, London, Boston, New York, and now across the GTA. They stand the test of time; they’re never victim to the trends of home builds, and therefore, they just grow in value as time goes by. It’s a great investment.

All that greenspace

A condo townhome and the land it sits on is owned entirely by the homeowner, so there is a certain joy in knowing this small plot of land is yours to do with as you please. Whether you’re hosting a backyard barbecue or creating your own little garden, your outdoor space is your small oasis. Plus, some townhome associations include lawn maintenance and landscaping for a monthly fee – an amazing convenience for those who would prefer someone else do their yard work!

Lower maintenance

The maintenance of a condo townhome is far less than a single-family home. Typically, in a townhouse community, the homeowners’ association handles all the external maintenance to ensure a uniform appearance across all townhomes in the community and the owner is responsible for basic maintenance of the interior.

Part of the community

Because condo townhome residents tend to live in close proximity to each other, you can really get to know your neighbours and build that tight-knit community amongst yourselves. This can also give you peace of mind, knowing you’re all looking out for each other.

Multi-level is a major plus

Unlike highrise living, one of the benefits of living in a condo townhome is the multi-level floorplans. You will have plenty of space (and privacy) for you and your family with bedrooms upstairs, spacious kitchens and even the option of fully-funished basements. In addition, with so many of us working from home, this floorplan layout is ideal for carving out a space specifically for your home office.

Urban living

Condo townhomes are designed for a convenient lifestyle. They’re located in urban centres with lots of amenities, shopping, restaurants, attractions and entertainment right at your fingertips. Good builders will often build in areas that provide public transit and easy access to the city, so homeowners are close to the necessities of everyday living.