The Ossington – Dunpar’s Rental Community

Mar 20, 2018

The Ossington - Dunpar's Rental Community featured image

Dunpar Homes’ first ever rental community, The Ossington, is move-in ready. Located in the trendy dining hub of the city’s west end, this unique project features 54 luxury townhomes of 1500 to 1900 sf.

The amenity-rich community will introduce much needed rental homes into one of the tightest rental markets in Toronto history. With vacancy levels of both purpose built and condo rental at historic lows, The Ossington will help address a rental shortage in Toronto’s downtown core, especially for families who increasingly are moving in from suburbs.

The Ossington - Dunpar's Rental Community

Each 3-BR townhome comes with luxury features such as 10-foot ceilings on the main floor, gas fireplace with mantel, smoke and carbon monoxide detectors, security system, gas outlet on the deck and in the kitchen, stainless appliances, granite counters, centre islands, custom cabinetry, potlights and oak staircases, spacious master ensuite with double sinks and custom cabinetry, soaker tub, glass shower and ceramic tile.

Exteriors bear the same hallmarks of all Dunpar Homes – solid clay brick construction in a Georgian style design, with natural Indiana limestone features, and professionally landscaped planter boxes. Inside, ceilings are ten feet on the main level providing great volume of space, and the floorplans are designed for maximum flow.

Located minutes from the subway, the project is well situated for getting anywhere in the city. With several new local and international retailers, some of the city’s top restaurants and clubs, and good local shopping, this strip of Ossington Ave is enjoying a renaissance and is a much sought after location for artists, designers, and professionals of all sorts.

The resulting surge in house prices has led to increased need for rental, especially good quality units. It’s a trend experienced by virtually every major city — New York, Paris, London, Hong Kong – rent downtown and own vacation property outside the city. There are also plenty of people who prefer the carefree lifestyle that rental gives with onsite property management, and predictable monthly costs.

Making the switch from building condos to purpose-built rental requires specialized construction knowledge and property management expertise. It’s a good fit for Dunpar Homes which has a sterling 30+ year record for quality building, in a townhome format, and always on infill land to ensure good access to local amenities.

“We think there are a lot of people who want extra space and want to be on the ground level with their own exterior space for a barbecue and dining table as well as a hose for washing the car,” says Michael DiPasquale, COO of Dunpar Homes. “There’s a demand for that, especially with new builds.”

Need for Purpose Built Rental in Toronto

About Dunpar Homes

Creating inspired neighbourhoods is the driving force behind Dunpar Homes. From land acquisition to planning to design to building, every phase of development at Dunpar Homes is marked by passion and commitment to excellence. Today over a thousand homes in exceptional communities across the city, attest to Dunpar Homes’ outstanding attention to detail. Every community is built on the fundamentals of sound, sustainable living with easy access to shopping, schools, parks, transportation, recreation centres and natural greenspace. This is the Dunpar distinction, and this is what separates this exceptional builder from the ordinary.

 

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