OH! Towns priced from upper $400s

By NextHome Staff
April 11, 2019

With two- and three-bedroom townhomes priced from the upper-$400s, everyday GTA buyers can finally afford to own by the water, as Graywood Developments and Falconcrest Homes launch OH! Towns in South Oshawa. With the challenges of housing affordability and mortgage stress tests putting homeownership out of range for a major segment of purchasers—especially first-time homeowners and young families—this new collection of 56 townhomes provides much-needed relief, while still offering the opportunity to live close to transit and a host of local amenities.

“Graywood and our partners at Falconcrest have a combined 70 years of experience between us. We’re bringing that experience to South Oshawa because we believe it’s brimming with potential,” says Stephen Price, President and CEO of Graywood Developments. “When you take into account the proximity to transit and Lake Ontario, as well as the quality product we’re offering, you can make the case that OH! Towns offers the best value anywhere in the GTA.”

South Oshawa is minutes from the GO Transit and Hwy. 401, making a city commute reasonable, while creating affordability for spacious, two- and three-bedroom townhomes. At 30 minutes to the DVP, the drive from Oshawa is shorter than the drive from Milton and comparable with commuting from Vaughan, but at significantly lower prices. A short trip to the GO Station means downtown Toronto is only 45 minutes away by transit.

At the same time, this prime South Oshawa location offers great value with a host of local amenities that will have you second-guessing your trips into the city. The Great Lakes Waterfront Trail is only a five-minute walk from your doorstep and the beach is10-minutes away, while the new Lakeside Park and Splash Pad and South Oshawa Community Centre are also within walking distance. The area is perfect for residents of every age and stage, with a great variety of schools – public, private, elementary, secondary and post-secondary – from which to choose.

“Homebuying has always been about location, but the surge in prices over the last half decade means purchasers have been forced out of certain markets,” says James

Di Luca, President at Falconcrest Homes. “With OH! Towns, we’re seeing affordability coming back to new-construction in the GTA. This is a great, infill community with new and established amenities that’s perfect for young-families and downsizers alike.”

Ranging from 1,620 sq.ft. to 1,905 sq. ft., OH! Towns offers two- and three-bedroom layouts, with spacious living and dining rooms, a grand main bedroom ensuite and balconies off of the kitchens and living rooms. Purchasers will also have the the option to select from a standard finishing package or an upgraded package depending on their budget.

The presentation centre is located at 895 Phillip Murray Avenue and will be opening later this spring. Interested purchasers are encouraged to register at ohtowns.com to learn more.

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