Presto Towns - Phase 1

About Presto Towns - Phase 1

• Address: 165 Tapscott Rd, Toronto, ON M1B 1Y9
• Neighbourhood: Malvern, Scarborough
• Number of Storeys: 3
• Units: 298
• Development Status: Pre-construction / New Build
• Developer: Ambria Homes
• Housing Type: Stacked and Back-to-Back Townhouses
• Unit Sizes: 751 sqft - 1,282 sqft
• Average Price: N/A / sq. ft.

Overview of Presto Towns - Phase 1

Presto Towns - Phase 1 is a pre-construction residential development by Ambria Homes, designed by SRN Architects, located at 165 Tapscott Road in the Malvern neighbourhood of Scarborough. The project is composed of 3-storey blocks constructed with brick detailing, vinyl, and metal siding, organized around architecturally controlled streetscapes to ensure a cohesive visual environment.

The exterior architecture is characterized by clean lines and durable materials, including poured concrete front porches and professional landscaping throughout the site. Exterior lighting accents the façades while supporting a secure environment. The design delivers an urban interior experience within a traditional suburban townhouse format.

The master plan balances residential density with functional outdoor space to create a private enclave. Complementary colour schemes across the blocks reinforce a sense of community identity within the Scarborough landscape. There will be 1-, 2-, and 3-bedroom suites on offer suitable for varying household sizes, each maximizing the available footprint in a stacked or back-to-back townhouse format.

Suite Sizes & Value

The development offers floor plans ranging from 751 square feet to 1,282 square feet, including 1-bedroom, 2-bedroom, and 3-bedroom configurations for various household sizes. Each suite maximizes the available footprint within a stacked or back-to-back townhouse format.

Pricing for the project launched in the mid-$400,000s, positioned as an accessible option for new-build construction in the Toronto market. The inclusion of private balconies and porches adds practical utility to the square footage of each residence.

Building Amenities & Features

• Parking: Secure underground parking facilities for residents.
• Climate Control: Individually controlled cooling systems (rental) and boiler/high-velocity air handler systems (rental).
• Ventilation: Integrated heat and energy recovery ventilation (HRV/ERV) systems.
• Outdoor Space: Private balconies and poured concrete front porches.
• Architectural Details: Designer-coordinated exterior colour schemes and architecturally controlled streetscapes.
• Landscaping: Professional landscaping and exterior lighting integrated into the building façades.

Location Highlights

• Intersection: Northeast corner of Neilson Road and Sheppard Avenue East (Tapscott Road and McLevin Avenue).
• Retail: Directly adjacent to Malvern Mall for access to shops and essential services.
• Transit Connectivity: Transit score of 70/100, supported by local bus routes and regional transit options.
• Pedestrian Accessibility: Walk score of 80/100, allowing most daily errands to be completed on foot.
• Highway Access: Located near major arterial roads and highways for travel across the Greater Toronto Area.

Lifestyle Near Presto Towns - Phase 1

The lifestyle at Presto Towns - Phase 1 is defined by the intersection of urban design and suburban convenience. The community is designed for professionals and families requiring proximity to daily necessities at the adjacent Malvern Mall.

Residents live within a private enclave that offers a modern residential environment. The atmosphere balances high-density design with the established green space and quietude of the Malvern neighbourhood.

About the Developer

Ambria Homes is a Canadian real estate developer led by President and CEO Peter D'Ambrosio. The leadership team has a strong history in the residential sector, with a combined track record of delivering over 4,500 low-rise and high-rise homes. The company focuses on architectural planning and construction standards across its portfolio of residential communities.