Why Buy New Townhome Developments in Vaughan?
New townhomes in Vaughan offer residents all the amenities, attractions, educational facilities, and employment opportunities available in the city. There are many different types of homes available in Vaughan, including detached homes and high-rise condominiums. Aiming to become a great place to live, shop, work, and play, the city is striving to accommodate its growing population. With a new house in Vaughan, you can enjoy many of the region’s attractions, such as Canada’s Wonderland, the largest theme park in the country. Vaughan offers many options for outdoor recreation at several attractions, including the Kortright Center for Conservation and the Boyd Conservation Park. LEGOLAND Discovery Centre and the Reptilia Zoo are also located in Vaughan, making this city an exciting place to live. As part of the Greater Toronto Area, Vaughan makes an ideal place to invest in a new townhome. There is easy access to highways to and from other parts of the GTA, including downtown Toronto. Vaughan lies within the York Region, which is a part of the Greater Toronto Area. In Vaughan, most homes are located in the southern part of the city, where residents have easy access to city amenities, transportation, and attractions. During the 1980s and 1990s, the city developed into an urban center. To serve residents and businesses in an urban setting, Vaughan created the Vaughan Metropolitan Centre. Creating a sustainable and viable community will create around 10,000 businesses and companies. Despite its small-town atmosphere, Vaughan has grown into one of Canada’s most rapidly growing cities.
List of New Townhomes in Vaughan
Pre-Construction Townhomes Vaughan & Reasons to Buy
Vaughan is one of the fastest-growing cities in Canada. It is part of the Greater Toronto Area, in the York Region, along with the cities of Markham, Richmond Hill, King, Newmarket, and Whitchurch-Stouffville. More than 300,000 people live in the city, and the population is expected to increase to 410,000 by 2031. To create opportunities for its citizens, Vaughan has made significant cultural, economic, and social changes. Vaughan continues to be a friendly, family-friendly city despite all the new construction and people moving into the city. With a pre-construction townhome in Vaughan, you’ll be able to access city facilities, attractions, and educational and career opportunities in a family-friendly environment. In Vaughan, pre-construction townhomes are on the rise due to the city’s efforts to modernize and attract more residents. The city invested 1.5 billion dollars in the Cortellucci Vaughan Hospital, which was completed in 2020 and created 2,000 jobs in the city. Several developments are underway, like the YMCA/Library, which will feature a gym, library, performance space, and childcare facilities. Due to Vaughan’s proximity to other communities, real estate has been in high demand. Education is also available in the city, including elementary and secondary education provided by the York Region District School Board and York Catholic District School Board. YRDSB manages 39 elementary schools and eight secondary schools in the city, as well as French Immersion schools, while YCDSB manages 33 elementary schools and five secondary schools. Several post-secondary schools are located nearby, including York University, Seneca College, and Niagara University.
Due to rapid growth in the city, the labour force is also growing. In 2019, over 227,000 people were employed in Vaughan. The unemployment rate in the city is 5.1%, which is lower than the provincial rate of 8.4% and the national rate of 7.8%. With a new townhome in Vaughan, you can easily access the numerous career opportunities the city has to offer. Within the Greater Toronto Area, Vaughan is ranked as the 4th largest business centre. Industry-leading sectors in Vaughan include advanced manufacturing, arts and culture, construction, fire, food and beverages, business services, tourism, and transportation and warehousing. Living in Vaughan also offers you easy access to many jobs in Toronto and the Greater Toronto and Hamilton Area, as Vaughan is close to numerous Highway 400 routes. The advanced manufacturing sector is one of the city’s largest and most important economic contributors. Advanced manufacturing employs more than 37,000 people across several clusters, including automotive, food and beverage, building materials, and furniture. A few of the leading companies within the advanced manufacturing sector in the city are International Automotive Components Group, Multimatic Anton, Kisko Products, Royal Building Products, Arla Foods, Gracious Living, and Riverside Natural Foods. The second-largest industry in Vaughan is FIRE, which stands for finance, insurance, and real estate. There are over 19,000 employees in the FIRE sector, all of whom are highly skilled and highly motivated. International and domestic businesses are active in this sector, with companies such as Yum! Brands, 407 International, Sutton Group Admiral Realty, SmartCentres, RDA Insurance, and Homelife Frontier Realty. The FIRE sector has contributed to many city projects, including the Vaughan Metropolitan Centre. The fastest-growing sector in the city is the professional and business services sector, which includes accounting, engineering, and management firms. The industry employs just over 18,000. There are more than 2800 companies in this sector. In the professional and business services sector, some of the leading companies are PwC Canada, KPMG, Telecon Design, and The Municipal Infrastructure Group. New townhomes in Vaughan provide residents with access to the thriving industries located in the city.
Average Prices for Townhomes in Vaughan
According to TREB data, the average price of all homes in Vaughan this year is $1,280,141. In all of York Region, townhomes cost on average $1,034,271. In the York Region, the average price of a townhouse is higher than anywhere else in the Greater Toronto Area, which is $945,212. Townhouses in Vaughan cost on average $1,046,142 in 2021 and remained on the market for an average of 11 days. As a result, Vaughan townhomes are more expensive than those throughout York Region and the Greater Toronto Area. The benchmark price for townhomes in Vaughan is $881,000, which represents a change of 17.69% from last year.
Getting Around Vaughan
New townhomes in Vaughan offer residents easy access to transportation options. Residents of Vaughan can travel anywhere in the Greater Toronto Area using GO Transit, the TTC, and York Region Transit. As part of the York Regional Transit system, the Viva light rail runs throughout the York Region. In addition to serving Aurora, Markham, Newmarket, Richmond Hill, and Vaughan, the YRT also connects to the TTC and GO Transit. The routes have improved commute efficiency and commute times in Vaughan. Residents can access TTC subway services from Vaughan Metropolitan Centre, which is located along Yonge-University (Line 1). From the Vaughan Metropolitan Centre station, riders can reach Toronto Union Station in 45 minutes. Customers travelling on the Barrie Line can reach Union Station in 30 minutes from Rutherford GO Station or Maple GO Station by taking GO Train. On the YRT, you can travel on Express Routes, Local Routes, and GO Connection Routes. From Martin Grove to Richmond Hill Centre, Viva Transit’s Orange Line runs through Vaughan. Several highways are nearby, providing access to other parts of Toronto and Vaughan. Throughout the city center, Highway 400 crosses north and south before merging with Highway 7, Highway 407, and Highway 401. Highway 27 runs parallel to Highway 400 and connects Vaughan to Highway 7 and the Highway 400 series. There are also connections between Vaughan and Toronto through Keele Street, Dufferin Street, Jane Street, and Weston Road. When you buy a new townhouse in Vaughan, you will be able to easily access the Greater Toronto Area and the city of Vaughan with the many transit options in the city.
The City of Vaughan is divided into 19 neighbourhoods, each with its unique features and attractions. The neighbourhoods of Maple, Kleinburg, and Woodbridge are popular places to buy a new townhome in Vaughan. The vibrant neighbourhood of Maple is located in central Vaughan, directly east of Highway 400. It is a mixed-use community with a mix of residential, commercial, and industrial properties. Among the many amenities available to residents are the Maple Pool, Maple Arena, Maple Community Centre, and Maple Fitness Centre. The area is well-connected to public transportation, with GO Transit, the Toronto Transit Commission, and York Region Transit. GO Train services are available at the Maple GO station. In this neighbourhood is Canada’s Wonderland and Vaughan Mills, as well as many other attractions. In this neighbourhood, you can find townhomes, detached homes, and semi-detached homes. Along Jane Street, Maple residents can also find a variety of shopping and dining options. Kleinburg is another great neighbourhood to consider when looking for new townhome development in Vaughan. The charming community of Kleinburg is located at the northwest end of Vaughan and sits at the border of Vaughan and the city of Brampton. There are several city attractions located in the area, such as the McMichael Collection of Canadian Art and the Kortright Centre for Conservation. Residents and visitors of Kleinburg can find excellent stores and dining options along the neighbourhood’s Main Street, located along Islington Avenue. Highway 400 is easily accessible in just 10 minutes, as is Highway 427 via Highway 27 in just under 20 minutes. The neighbourhood of Woodbridge is located southwest of Vaughan, north of the border of Toronto and east of Brampton. The neighbourhood offers a variety of homes, including detached homes and freehold townhomes. Young families primarily inhabit the neighbourhood. There are excellent shops and restaurants in downtown Woodbridge for residents, as well as natural areas like Boyd Conservation Park and Rainbow Creek Park. In downtown Woodbridge, residents can find many locally owned businesses and restaurants. Residents of Woodbridge have access to YRT’s Viva Orange Line. Residents can also enjoy skating, sports, and swimming at the Woodbridge Pool and Memorial Arena. The area also has two golf courses and a sports park. Country Club and National Golf Club of Canada are two of the area’s private golf clubs. In these great neighbourhoods, you can find many new townhome developments in Vaughan.
Questions & Answers
There are advantages and disadvantages to both freehold and condo townhomes. Owners of freehold townhomes can make cosmetic and structural changes to the property as they wish, and condo fees are not required. Residents of condo townhomes must pay condo fees to cover home maintenance and amenities.
York Region Public Health is responsible for providing health care to the people in York Region. There are several hospitals and medical clinics in the area, including Vaughan Community Health Centre, Cortellucci Vaughan Hospital, and Mount Sinai Hospital Sherman Health and Wellness Centre Family Medicine.
There may be an additional cost associated with adding structural and cosmetic upgrades to a pre-construction property as an option. Upgrades can include flooring, tiling, painting, cabinets, and countertops to make the house more suitable for the homeowner. Furthermore, homeowners can ask the builder to upgrade the plumbing and fixtures in their bathrooms. Other options include the installation of smart home devices. Additionally, upgrading the home could increase its value after it is constructed.