TOWNHOUSES FOR Sale in Scarborough
There are many different types of housing units available for sale. For people looking for a home on a tight budget, townhomes are a great method to fulfill your dream of home ownership. The prices of various types of townhouses for sale in Scarborough starts from upper $500s.There are great schools and amenities in the neighborhoods of townhouse communities. Bus stops and access to malls are all present in the nearby vicinity.
Mainly there are two types of townhomes; the ones which are under a condominium management company and a freehold townhome. Those townhomes which are under condominium management companies have a lower selling price as compared to freehold townhomes. There is however, a monthly fee attached to prior mentioned townhomes. Monthly maintenance fee in Scarborough starts from $300.Depending on the amount, these monthly fees will usually cover snow removal, grass cutting, water and exterior insurance of the townhome. These managed townhomes also are housed in a fenced community which means they are safer for children and pets. These townhomes allow you to enjoy all the amenities of a condominium building. These communities have parks, tennis courts and swimming pools. They have dedicated parking spots for home owners also offer free parking for your guests. The selling price of these types of townhomes for sale in Scarborough starts from $450k and up. The age of the structure and condition of appliances and interior of the house plays a significant role in the price of these types of houses. Buyers also have more room to negotiate a better deal on these types of townhomes.
Freehold townhomes have lower taxes and lower selling prices as compared to semi-detached houses in Scarborough. Newer townhomes are being built taller than the older townhomes. Many of these have three upper floors instead of the usual two floors. This new design allows the homeowners to set up their offices, hobby, and craft rooms on the upper or lower levels of the house. This also allows to entertain a larger number of guests in their homes. These townhomes are usually built in community style but are not fenced like the above-mentioned townhomes. Their selling price starts from lower $600s. The corner townhomes which look like a semi-detached are more expensive than the one which are attached in a row.
These townhomes make an excellent choice for a starter home for a young family. Lower annual property tax rates make townhouses in Scarborough more affordable on a long-term basis. As these houses are attached in a row the heating and cooling costs are considerable lower as compared to other types of homes. So, freehold and condominium managed townhome makes these types of homes in Scarborough a great choice for people who are looking to fulfill their dreams of owning and maintaining a home on a budget.
Our dedicated and local team of real estate agents in Scarborough is only one phone call away! Call us and let’s talk about how you can be a homeowner ASAP!