Presto Towns

Presto Towns is a new townhouse community by Ambria Homes, currently under construction at 165 Tapscott Road, Toronto. The community is planned around a landscaped parkette, creating a dedicated outdoor setting where residents can spend time with neighbours, friends and family.

For eligible purchasers, the current Ontario HST rebate may provide up to $80,000 toward the provincial portion of HST through the Ontario Enhanced New Housing Rebate for qualifying new homes. Generally, the enhanced rebate applies to qualifying agreements entered into with a builder between April 1, 2026 and March 31, 2027. The rebate is available at its full amount for homes valued up to $1 million and remains $80,000 for homes valued up to $1.5 million, with a reduced amount for qualifying homes above $1.5 million and below $1.85 million. Eligibility and the amount available depend on the applicable government requirements, so the HST rebate should not be considered guaranteed.

A key outdoor feature of Presto Towns is its community parkette, designed with lush landscaping as a neighbourhood gathering space. The setting is intended to offer residents a place to relax outdoors, connect with neighbours and enjoy time within the community.

The location also provides access to several major transportation routes. Highways 401, 407 and 404 are located nearby, providing convenient connections throughout Toronto. According to the provided information, motorists can reach Toronto’s downtown core via the Don Valley Parkway in approximately 26 minutes.

Residents will also be close to a range of green spaces, parks, attractions and golf facilities. Nearby destinations include the Toronto Zoo, Rouge National Urban Park, and Cedar Brae Golf Club, offering opportunities for outdoor recreation and leisure within easy reach of the community.