For most people, owning a piece of real estate is a key life goal. But, given Ontario’s red-hot housing market, many people are left feeling priced
out, especially in the Toronto area. There are, however, still some developments (yes, new ones, not decades-old homes) that are being designed at a more attainable price point. This means that homeownership is actually within reach if you’re seeking an urban lifestyle without the GTA prices — such as at LOT 16, a new community coming to St. Catharines.
The Niagara Region city is known for its ample green space, waterfront access, world-class vineyards, and bustling food and drink scenes — basically all of the draws of Toronto and then some, yet is still close enough to commute to the 6ix for work or to visit friends and family via transit, or the nearby highway 406. And at prices that won’t even get you a shoebox-sized condo in Toronto, you can nab an entire brand-new townhouse that prioritizes design quality and in-suite space at LOT 16 this spring.
Here are four main reasons that make this urban townhome community ideal for anyone looking to buy in Southern Ontario:
While average home prices in the GTA have skyrocketed to well over a million dollars (with townhomes specifically just shy of that figure), the homes in LOT 16 start in the $500ks, making them one of the few attainable entry points for home ownership in the region.
Of course, price isn’t the only determining factor, even if it is a major consideration. You’ve got to love the home you’re in, and the designers behind this development have pulled out all the stops as far as modern amenities and thoughtfully-designed spaces. Each of the 104 stacked units has a clean, minimal aesthetic inside and out, with stainless steel appliances, stunning stone countertops and islands, and other luxe finishes, as well as more storage space incorporated into the bathrooms.
This emerging community is nestled just around the corner from Highway 406 and close to other highways. There’s great access to the forthcoming hovercraft transit to Toronto (a 30-minute ride); downtown St. Catharines; as well as transit, parks, nature trails, wineries, historic sites, and more. The townhomes are also situated on a hillside providing impressive views overlooking Canal Valley.
LOT 16 is a product of a partnership between a group of trusted industry stakeholders, including Sphere Developments, 5nine Project Management and construction, Mapa Interiors, KNYMH architects, and Hirsch + Associates sales. All have an extensive portfolio of projects, expert, skilled teams, and the inspiration and drive necessary for crafting dream homes like these. So stay updated on the progress of LOT 16 and secure a spot in this exceptional community by registering online today.