Lambton Towns offer urban luxury lowrise living at attractive mortgage rate

If you love the big city lifestyle but want an alternative to typical highrise condo living, 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 just a six-minute walk away, and subway and TTC buses and major roadways nearby.

Quality and durability

The Lambton Towns are built with quality and durability, so owners can take pride in their home for years to come. Exteriors are modeled on English Georgian Manors, utilizing genuine Custom Natural Indiana Limestone features and planter boxes crafted with ledger rock Kingston Hue Stone. Landscaping is designed to enhance the exterior design.

Inside the towns, you’ll find spacious 1,581-sq.-ft., thoughtfully-designed layouts with three bedrooms and two baths that can accommodate family living, entertaining or working from home. Townhome living provides similar financial advantages as 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.

Another advantage over traditional condo living is that homeowners have their own front doors and don’t have to share outdoor space with anyone else, and each Lambton Town has a spacious 336-sq.-ft. private rooftop terrace. There’s no need to go to a large underground parking garage, as each home comes with its own parking space.

A host of luxurious features and finishes that are typically upgrades in other developments are included as standard in Lambton Towns, including 9.5-ft. ceilings on the main floor and nine-ft. on the master bedroom level. Other standard finishes include 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.

Attractive mortgage rate

The purchase price includes six stainless steel appliances and one-car parking. Maintenance fees of approximately $200 a month include landscaping, snow removal, salting, street lighting and private garbage collection.

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

With the real estate market stabilizing, the timing could be right for homebuyers who have been waiting on the sidelines, especially as analysts are expecting home prices to increase in 2024. Tentative occupancy for Lambton Towns is December 2024, which provides buyers the benefit of buying at the current 2023 price, even as the prices rise, yet not having to move until late next year.

Premier builder

It’s hard to beat the lifestyle offered in the neighbourhood with so much in such 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 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 The Lambton Towns, visit dunparhomes.com.