The ultimate in right-space living
For many, once they enter the empty nester stage of life, they also want a change of lifestyle – one that is simpler and less-encumbered with the day-to-day tasks of maintaining a large family home. Dunpar Homes has developed the perfect compromise at Streetsville Centre.
This 200-unit enclave of executive, back-to-back townhomes is located in the heart of Streetsville. It’s convenient location positions you close to everything, including the GO station (located right across the street), retail shops and restaurants on the main street and Streetsville Memorial Park, as well as easy access to Highways 401, 403 and the QEW. And for leisure and business travellers, Toronto Pearson International airport is a 10-minute cab ride.
Rather than thinking of it as downsizing, refer to it as right-sizing. Studies show that we spend 80 per cent of our time in only 20 per cent of our homes – leaving lots of wasted space. Moving to a smaller, better laid out, home could put money in your retirement bank account.
The savings are significant, not only in terms of mortgage payments (if you still have them), but also as it relates to utilities, property taxes, insurances, etc. In addition, maintenance and upkeep costs, especially on older homes, can be exorbitant.
With extra cash flow, you have the opportunity to travel more, to help out your children or grandchildren, to buy an alternate warm-weather condo, or add to your retirement portfolio. A diversified portfolio is always more attractive than one that ties up your equity in one bulk investment. As long as the house that you sold was your principal residence, the proceeds are tax-free, so the money is yours to do with as you wish. As with any big decision, it’s best to speak with your financial advisor.
When buying new, you want to be selective, and to make sure that you get exactly what you’re looking for. Your time is valuable, and you no longer need to be worried about mowing the lawn, shovelling the snow or exterior maintenance.
MORE TO GAIN
Homes here are spacious, and range in size from 1,500 to 1875 square feet. All have three bedrooms, two-car garages and well-proportioned principal rooms, as well as a roof top deck or a balcony off the kitchen. Prices start in the mid $800,000s, and include granite countertops, an under-mount kitchen sink, a frameless glass shower door in the ensuite, smooth ceilings and stainless steel kitchen appliances.
Dunpar insists upon having full control over the exterior architecture and landscape design in every one of their communities. As a result, a Dunpar community is recognizable. And while residents benefit from a maintenance-free lifestyle, they also are ensured of a good-looking community for years to come.
The Information Centre is located at 80 Thomas Street in Mississauga.
416.236.9800 / dunparhomes.com