Lot 16 Urban Towns

Neighborhood Highlights

Lot 16 Urban Towns, developed by Sphere Developments, is a luxury townhouse condominium situated in the beautiful location of St. Catharines. This region of St. Catharines is known for its best cities for homeownership, providing residents with an exceptional living experience. The property offers breathtaking valley views from the terrace of the condos. It is a magnificently appointed home with luxury amenities, making it surprisingly affordable.

Living in Lot 16 Urban Towns provides easy access to shopping, recreational facilities, entertainment, theatres, and restaurants, all located just a few steps away. For residents who love to lead a healthy lifestyle, there are walking and biking trails, boating and kayaking facilities, and beaches to relax and rejuvenate with nature. Close proximity to festivals, concerts, universities, cafes, canals, and libraries makes the property highly desired in the region.

With the location so close to nature, residents can enjoy wineries at Niagara-on-the-Lake, take a short drive to Niagara Falls, visit nearby parks, including Montebello Park, St. Patrick’s Park, and Catherine Street Park, and spend time at Lakeside Park in Port Dalhousie.

The property’s location also provides easy access to transportation with three transit routes outside the door, St. Catharines GO stations minutes away, and the future Hoverlink providing access to Toronto in thirty minutes. The HWY 406 and QEW make travel destinations, including West Toronto and Downtown Toronto, a sixty to ninety-minute drive.

Project Incentives

Sphere Developments is currently offering a limited time only incentive program for buyers interested in acquiring units at Lot 16 Urban Towns. One of the following incentives will apply:

1. Two-Year Rental Guarantee- Sphere Developments is offering a rental guarantee of up to $3,700 per month for two years. To receive this incentive, buyers need to purchase standard parking or tandem parking.

2. Credit on Closing- Sphere Developments is offering a credit of $10,000 on closing for patio or park units and $15,000 for sky units.

3. $0 Assignment- Sphere Developments values an assignment at $10,000 and is offering buyers the opportunity to assign for free.

4. Right to Lease During Interim Occupancy- Sphere Developments provides buyers with the right to lease during interim occupancy.

5. Capped Development Charges and Education Levies- Sphere Developments offers the following capped charges for all units:

• $7,000 for all two-bedroom units

• $9,000 for three-bedroom and larger units

6. Capped Utility Meters- Sphere Developments is offering its units’ capped utility meters.

7. Full-Size Appliances for All Units- Sphere Developments is providing full-size appliances for all its units.

8. AC Unit Included for All Units- Sphere Developments is offering all its units with AC units.

9. Rooftop Terraces Include Hose Bib- Sphere Developments is providing hose bibs on its rooftop terraces.

About the Developer

Sphere Developments is responsible for building luxurious, comfortable, and affordable properties in Canada, with Lot 16 Urban Towns being one of their latest developments. Sphere Developments is known for its high-quality construction, superior design, and development standards. They are also known for their exceptional client services, attention to detail, and dedication to client satisfaction.

With talented architects like KNYMH Inc., Sphere Developments ensures that their properties are modern, luxurious, and at the forefront of design trends. Their properties are highly sought after by investors and buyers because of their exceptional location, construction standards, and home amenities.

Amenities

Lot 16 Urban Towns offers condominium-style townhouses with 104 suites. The property comprises four stories, with suite sizes ranging from 856 to 1267 square feet. The townhouses come with two to three bedrooms, luxurious amenities, and magnificent detailing.

The townhouses feature an open-concept kitchen with high-quality countertops, cabinets, and stunning backsplashes. Each townhouse features a private balcony or terrace with a beautiful view of the surrounding area. The townhouses’ luxury amenities include full-size appliances, AC units, and rooftop terraces with hose bibs.

The building provides a landscaped entance, elevators, and an underground parking garage. The maintenance fee covers landscaping waste removal, snow removal, and excludes hydro, water, internet, and cable.

Deposit Structure

Lot 16 Urban Towns offers a standard deposit structure and an extended deposit structure for buyers interested in purchasing a condo.

The standard deposit structure requires a $5,000 deposit upon signing, with the balance paid as follows:

5% within 30 days

5% on January 15th, 2024,

5% on January 15th, 2025, and

5% on occupancy.

The extended deposit structure requires a $5,000 bank draft upon signing, with the balance paid as follows:

Balance to 5% in 30 days,

$1,000 per month for one year (12 installments), with

the balance to 15% due on occupancy.

Lot 16 Urban Towns by Sphere Developments is a luxury townhouse condominium located in the beautiful location of St. Catharines. Sphere Developments is a reputable developer known for its high-quality construction, excellent design, and development standards. The property offers luxurious amenities, natural surroundings, close proximity to recreational facilities, shopping, entertainment options, and is well connected to transportation hubs. With these incentives and deposit structures, investing in this property is a smart financial decision that’s highly recommended for those seeking a comfortable and luxurious lifestyle in a tranquil setting.