Brampton residents really do have the best of a few worlds.
One of the Greater Toronto Area's oldest suburban neighbors with a healthy population of over 500,000 citizens, Brampton boasts a diverse local economy rooted in advanced manufacturing, life sciences, retail administration and other thriving fields. Though the city's own Rose Theatre has magnetically given rise to its own neighboring retail and dining complements to surround it, it presents a comfortable home near enough to Toronto's own magnetism for those wary of hanging one's hat too near the heart of the city.
Chalk no small part of Brampton's allure of city life without too sizeable city surroundings up to the growing development of its townhomes. These semi-detached houses offer a community lifestyle of sharing a wall or two with neighbors' homes, but without a condo's structure of neighbors living above or below you.
Nestled together in apartment-like communities, they're not necessarily for everybody, but can be an enticing, lower-priced upsize in living space and comfort without a full-size house's inherent maintenance demands and associated greater cost. Should you decide that a townhome suits both your present and future needs, tailor your search wisely to find your ideal fit and lock it in fast.
First and foremost, collaborate with a real estate agent. A knowledgeable professional in tune with the area's Multiple Listing Service (MLS) database of market homes can gain an understanding of needs and narrow a search to the most attractive townhomes available to keep your searching and scrutiny strictly to the homes most closely matching your desired profile. In many cases, townhome developments thrive amid a scarcity of condo or apartment options that would otherwise attract many seeking housing options suiting them more practically than single-family homes.
In this sense, townhome shopping demands the same advance diligence as purchasing a single-family home: you'll need an honest budget. Be brutally honest. Retrieve your credit reports, total up your present net worth, estimate a reasonable down payment and conservatively estimate the absolute biggest monthly payment you can comfortably afford.
Once the numbers have been crunched and you've shared them with your agent, go forth and comparison shop for mortgage pre-approval.
Explore your targeted townhomes throughout several parts of a typical day. You'll gain the best feel for the noise levels to expect, get an impression of your potentials neighbors' schedules, and even possibly chat up a few residents to gauge their own feelings toward the area.
While you're at it, you can give your own prospective unit a good once-over from top to bottom while assessing the amenities it provides and which ones it lacks. Some grouped townhomes will offer perks such as community pools or fitness areas. This is also a good time to feel out the rules and expectations for living in your unit.
Certain homes may have decoration restrictions, pet-ownership limits and other guidelines. Ask about your maintenance obligations too, especially concerning who pays for and coordinates repairs to the roof you'll share with your neighbors. Gain an understanding for lawn-care expectations, as well.
Both for residents who live, work and play comfortably entirely within its city limits and those who favor it as a compromise between happily working in Toronto but desiring a quieter private life outside the city, Brampton has a moderate, comfortable lifestyle to offer. The city's identity as a thriving, well-established suburban city that embraces its 160-year history fits the townhome lifestyle's allure of owning a home at a lower price with less responsibility attached.