Lambton Towns – urban luxury lowrise living at an attractive mortgage rate

By NextHome Staff
October 23, 2023

Today’s real estate market poses a lot of questions for those looking for a new home. Where do I want to live? Where can I afford to live? And what style of home will I be able to find? Do I want to live in a condominium or a house? And, where can I find a home that is close to the amenities that are important to me and my family? These are some of the key questions that purchasers ask themselves when looking for their new place to live.

What was $1 million 10 years ago, is now virtually commonplace in the city of Toronto today. Townhomes have become an integral part of a solution to the housing “missing middle,” creating new housing in desirable neighbourhoods that would otherwise be unreachable for many young couples and families. They are also a good option for those downsizing from a larger home seeking a more carefree lifestyle free from the never-ending maintenance of a larger home.

Desirable lowrise living

For those wishing to remain in the city, Lambton Towns could be the perfect solution, offering desirable lowrise living in a vibrant Toronto neighbourhood. Lambton Towns by Dunpar Homes is an intimate collection of 96 back-to-back townhouses at 2650 St. Clair Ave. W., tucked between charming Bloor West Village and Lambton Woods. The pedestrian-friendly location is close to everything homeowners could want or need, including stores, restaurants, amenities, parks and recreation - without having to rely on a car. For travelling elsewhere, the 512 St. Clair streetcar stop is just a six-minute walk away, and subway and TTC buses and major roadways nearby.

Built with quality and durability, the exteriors are modeled on English Georgian Manors, utilizing genuine Custom Natural Indiana Limestone features and planter boxes crafted with ledger rock Kingston Hue Stone. The landscaping is designed to enhance the exterior design. One of the important advantages of townhome living is that homeowners have their own front doors and each Lambton Town also has a spacious 336-sq.-ft. private rooftop terrace. And each town has its own private parking space.

The interiors of the 1,581-sq.-ft. homes are well laid out with three bedrooms and two baths that can accommodate family living, entertaining or working from home. Townhome living provides similar financial advantages to owning a single-detached home, at a more affordable price point. The towns are economical to operate too, because new towns are built to be energy-efficient and their shared walls mean less heat loss.

Lambton Towns boast a host of luxury features often seen as upgrades in other developments, including 9.5-ft. ceilings on the main floor and nine-ft. on the master bedroom level. Other standard finishes including engineered hardwood floors in the living and dining room and second floor hallway and deluxe kitchens with granite kitchen countertops and eight-in. granite backsplash, extended height upper cabinets and under-cabinet lighting. Six stainless steel appliances and one-car parking are also included in the purchase price. Maintenance fees of approximately $200 a month include landscaping, snow removal, salting, street lighting and private garbage collection, time consuming activities that leave more time to spend with family and friends.

Premier builder

It’s hard to beat the lifestyle offered in the neighbourhood with so much in proximity, including Home Smith Park, James Gardens, Lambton-Kingsway Park and many others, a wide range of dining options, banks, grocery stores, pharmacies, big box stores, healthcare centres, community centres and excellent schools.

Dunpar Homes understands that rising interest rates have been a concern for many home buyers and is offering the Dunpar mortgage at an attractive 3.5 per cent for five years, or until mortgage rates drop below 3.5 per cent. To qualify, buyers must put down a 20 per cent deposit prior to occupancy.

Dunpar Homes has established a reputation as a premier builder specializing in luxury townhomes, thus has the expertise to create sought-after middle missing solutions in urban neighbourhoods. Dunpar has been building superbly designed and architecturally unique homes and communities across the GTA. It has demonstrated its ability to adapt to the evolving industry by offering homebuyers comprehensive tools to help them achieve their ownership goals.

For more information on Lambton Towns, visit dunparhomes.com.

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