Property Description

New Preconstruction Presto Towns – SOLD OUT
Coming soon to
165 Tapscott Road, Toronto, ON
SOLD OUT

Click here check Brochure of Brand New and under preconstruction for these Towns in Toronto, ON 

Presto Towns is a new townhouse development currently in preconstruction at 165 Tapscott Road, Toronto. The development is scheduled for completion in 2023. Sales for available units range in price from $514,900 to over $706,900. Presto Towns has a total of 298 units. Sizes range from 751 to 1282 square feet.

Located at McLevin Avenue and Tapscott Road just north of the 401, this is where you’ll find a brand new community of contemporary Scarborough townhouses for sale.

In an established residential area of Scarborough, Ambria Homes will soon be unveiling an exciting new enclave of 1, 2 and 3 bedroom modern townhomes, all remarkably finished and reasonably priced. Enjoy underground parking, expansive balconies with spectacular views.

If you’re in search of a Toronto townhouse for sale, look no further. With its central location between the 401 and 407, PRESTO provides quick access to the DVP/404 as well. And it’s conveniently close to schools, shops, restaurants and recreation, with a TTC bus stop just steps from your door. Plus nearby attractions ranging from the Toronto Zoo to Rouge Park.

Request Information  

AMENITIES

Presto Towns is strategically located next to Malvern Mall, signifying convenient proximity to numerous shops and services.

This exclusive enclave of upmarket homes will consist of 78 back-to-back townhomes, arranged in 6 blocks fronting onto McLevin and Tapscott, and 145 stacked townhomes, of which 2 are placed along a private road named Pinery Trail abutting the adjacent shopping mall and 2 are placed in the middle Building I & J.

All townhome blocks will stand 3 storeys high. Each back-to-back townhome block will contain 14-18 multi-storey units, while stacked townhomes will be placed in blocks of 20-45 units.

Every home at has features and finishes that balance functionality and style, from luxurious flooring to gourmet kitchens with a beautiful appliance package to sleek and modern bathrooms. Open concept kitchens with designer-quality cabinetry and granite countertops, an island in kitchen as per plan. Soaring 9′ ceilings on the main and second floors enhance the open concept layout, big bright windows light up the large rooms and you’ll find cosy corners perfect for a reading nook, study area or a home office.

The 16,551-square-metre site will be served by an extensive one-level underground parking garage that will contain space for 313 vehicles, 268 of which are reserved for residents, and 168 bicycles, 152 of which are allocated for long-term use.

Request Information  

LOCATION & NEIGHBOURHOOD

Formerly a flourishing farming community, Malvern has developed into a bustling suburban community supported by a vast array of neighbourhood amenities, many of which are conveniently located within close proximity of this development.

The conveniences don’t stop there. Located within a short 15-minute walk are important local destinations like a public library and Malvern Community Recreation Centre, whose sporting facilities were newly refurbished in 2018 as part of the $1M Welcome Toronto project sponsored by Toronto Raptors and OVO. Meanwhile, the lush woodlands of the nearby Toronto Zoo and Rouge National Urban Park both provide a natural reprieve from the city.

With so many shops and services close at hand, this location has been recognized as having an excellent Walk Score of 76

As well, this development is well-poised within commuting range of a number of important local destinations. The Scarborough Campuses for both Centennial College and the University of Toronto are located within a 10-minute drive of the development as is Centenary Hospital, the area’s major health care provider. And, with major retail and transportation hub Scarborough Town Centre located just 18 minutes away by transit, local residents can quickly fulfill just about all of their shopping and commuting needs.

Request Information  

FEATURES & FINISHES

GOURMET KITCHENS

• Open concept kitchens with designer-quality cabinetry and granite countertops
• Islands in the kitchen as per plan.
• Kitchen to receive flush breakfast bar, as per plan
• Under mounted stainless-steel kitchen sink with single lever faucet and integrated spray, from Vendor’s standard selection.
• Stainless steel appliances in the kitchen include refrigerator, self-cleaning range, multi-cycle dishwasher and microwave hood fan.

Request Information  

SLEEK MODERN BATHROOMS

• Designer cabinetry with beautiful Arborite countertops in bathrooms, from Vendor’s standard samples.
• Imported ceramic tile flooring, from Vendor’s standard samples.
• Ceramic wall tiles installed in tub enclosures up to but not including ceiling, from Vendor’s standard samples.
• Porcelain sinks in all bathrooms, as per plan.
• White pedestal sink in the powder room, as per plan.
• Mirrors over all bathroom vanities and pedestal sink in the powder room.

Request Information  

ELEGANT LIVING AREAS

• 9’ ceilings throughout the main and second floor (where applicable, excluding 3rd floor, terrace and low headroom areas due to mechanical and/or dropped areas.)
• Exquisitely trimmed archways throughout.
• Imported ceramic tile flooring in kitchen, all bathrooms, mechanical and laundry room, from Vendor’s standard samples.
• A beautiful selection of 40 oz broadloom carpeting with quality underpad in all bedrooms and upper hall, as per plan. (Carpet selections are subject to restrictions from Vendor’s standard samples).
• Staircases in the finished area are fully carpeted. Carpet selections are subject to restrictions, from Vendor’s standard samples.

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Condominiums in Toronto, ON. Please click here and fill out the form and we will send you more info you as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out “My Dream Home search in Mississauga ” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal is a “Platinum Agent”?

Platinum agents are the top-selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agents and investors since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our services to you as a buyer are free

Do I get a cooling-off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling-off period BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however, we always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling-off period when you buy a Condo unit.

Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us for more details.

Do the prices include HST?

 If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is no HST you will have to pay at final closing.

If you are purchasing as an investment, rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house that you are buying.

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

Get Directions