Westbend Residences: A New Standard in Urban Living

Westbend Residences, a stunning new pre-construction condominium development by Mattamy Homes, is set to redefine urban living in Toronto. Nestled at 1660 Bloor Street West, this intimate collection of 174 suites spans 13 storeys, offering a diverse range of living spaces from studio apartments to spacious 3.5-bedroom units, with sizes ranging from 491 to 1118 square feet. The project is strategically located at the intersection of Bloor and High Park, placing residents in close proximity to vibrant neighborhoods, cultural hotspots, and essential amenities. Scheduled for completion in 2025, Westbend Residences promises to be a cornerstone of modern living in one of Toronto’s most sought-after areas.

The design of Westbend Residences reflects the vision of BDP Quadrangle, the acclaimed architectural firm responsible for its striking façade and thoughtful layout. Each unit is crafted with meticulous attention to detail, ensuring both comfort and functionality. With a focus on sustainability and community, Westbend is more than just a place to live; it’s a lifestyle choice for those who appreciate the balance of urban convenience and natural beauty.

Current Incentives of Westbend Residences

Prospective buyers can take advantage of several limited-time incentives designed to make purchasing a unit at Westbend Residences even more appealing:

• Only 5% Deposit: A minimal deposit structure allows buyers to secure their future home with just 5% down, making it accessible for first-time buyers and investors alike.
• Limited-Time Price Reduction: For a short period, buyers can enjoy a discount of $20,000 off the purchase price, enhancing affordability.
• Capped Development Levies: Development levies, including education and parkland fees, are capped at $13,500 + HST for larger units, ensuring no unexpected costs arise during the buying process.
• Free Assignment Fee: Buyers benefit from a waived assignment fee, allowing them to transfer their purchase to another buyer without incurring additional costs.
• Right to Lease at Occupancy: Investors have the flexibility to lease their unit upon occupancy, maximizing their investment potential right from the start.

These incentives make Westbend Residences an attractive option for buyers looking for value in Toronto’s competitive real estate market.

Highlights of Living at Westbend Residences

Living at Westbend Residences offers an unparalleled lifestyle, combining the charm of High Park with the vibrancy of urban living. Here are some highlights of what residents can expect:

• Proximity to Nature: Just steps away from High Park, Toronto’s largest public park, residents can enjoy 399 acres of lush greenery, walking trails, and recreational facilities. The park is perfect for outdoor activities, family outings, and peaceful retreats from the city hustle.
• Access to Public Transit: With Keele Subway Station only a 3-minute walk away and multiple streetcar lines nearby, commuting to downtown Toronto and beyond is convenient and efficient. The Bloor GO/UP Express station is also within walking distance, providing seamless connectivity for travelers.
• Vibrant Neighborhood: The surrounding area boasts trendy indie shops, cozy cafes, and fabulous restaurants, making it a hub for socializing and entertainment. Bloor West Village and Junction Gardens are just a stone’s throw away, offering an eclectic mix of shopping and dining experiences.
• Community Amenities: Westbend Residences features a range of building amenities designed to enhance the living experience, including a fitness centre, yoga studio, social lounges, pet spa, and a rooftop BBQ/dining area. These spaces foster a sense of community and provide opportunities for relaxation and social interaction.
• Family-Friendly Environment: The High Park neighborhood is known for its highly regarded schools and family-oriented atmosphere, making it an ideal location for families with children. The area offers various parks, playgrounds, and community activities that cater to all ages.

Reason to Invest in Westbend Residences

Investing in Westbend Residences presents a unique opportunity for both homebuyers and investors. Here are compelling reasons to consider this project:

1. Prime Location: The strategic location at Bloor and High Park places residents at the crossroads of nature and urban life. The area’s growth potential and accessibility to public transit make it an attractive choice for future appreciation.
2. Quality Developer: Mattamy Homes is a trusted name in the real estate industry, known for their commitment to quality and customer satisfaction. With a proven track record of successful developments, buyers can feel confident in their investment.
3. Diverse Unit Options: With a variety of unit types and sizes, Westbend Residences caters to a wide range of buyers, from singles and couples to families. This diversity increases the project’s appeal and marketability.
4. Strong Rental Demand: The High Park area is characterized by high rental demand, making it an excellent investment choice for those looking to generate rental income. The ability to lease units upon occupancy further enhances the investment potential.
5. Amenities and Lifestyle: The extensive amenities and vibrant community atmosphere contribute to a high quality of life, making Westbend Residences an attractive place to live. This lifestyle appeal can drive demand and increase property values over time.

Deposit Structure of Westbend Residences

The deposit structure for Westbend Residences is designed to be straightforward and accessible for buyers:

• 5% Deposit:
  • $5,000 on signing
  • Balance to 5% in 30 days
  • 10% on occupancy

This flexible deposit structure allows buyers to secure their unit with minimal upfront costs, making it an ideal option for first-time buyers and investors looking to enter the market.

About Mattamy Homes

Mattamy Homes is one of North America’s largest privately-owned homebuilders, renowned for their commitment to quality, innovation, and customer satisfaction. With decades of experience in the industry, Mattamy has built thousands of homes across Canada and the United States. Their focus on creating vibrant communities that enhance the quality of life for residents is evident in every project they undertake. Westbend Residences is a testament to their dedication to excellence, combining modern design with functional living spaces in a prime Toronto location

Westbend Residences by Mattamy Homes offers a unique urban living experience in Toronto, featuring a prime location, limited-time incentives, and a range of amenities. With a flexible deposit structure and a trusted developer, this pre-construction condominium is an excellent investment opportunity for homebuyers and investors alike.