Presto Towns — Toronto Pre-Construction
Presto Towns is a developer sold out pre-construction towns development by Ambria Homes in Toronto's Malvern starting from $514,900. Get pricing, floor pla…
Presto Towns Quick Facts
| Project Name | Presto Towns |
|---|---|
| Developer | Ambria Homes |
| Address | 165 Tapscott Road |
| City | Toronto |
| Neighbourhood | Malvern |
| Region | Toronto |
| Building Type | Townhouse |
| Sales Status | Developer Sold Out |
| Storeys | 3 |
| Suite Sizes | 762 – 1314 sq ft |
| Pricing | $514,900 – $731,900 |
| Deposit Structure | $5,000 + 15% (over 240 days) + 5% on Occupancy |
| Maintenance Fees | $0 / sq ft / month |
| Locker | $5,000 |
| Occupancy | 2023-01-01 |
| Walk Score | 80 |
| Transit Score | 70 |
About Presto Towns in Toronto
Presto Towns is a home community under construction by Ambria Homes at 165 Tapscott Road in the Malvern neighbourhood of Toronto. The project is 3 storeys tall and contains 298 homes. Architecture is by SRN Architects. Developer inventory is currently sold out. Homes range from 762 to 1,314 sq. ft. The location has a Walk Score of 80 and a Transit Score of 70.
Presto Towns Renderings & Gallery
Presto Towns Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| The Solar | 2 | 1 | 762 | $514,900 | Sold Out |
| The Vega | 2 | 1 | 811 | $548,900 | Sold Out |
| The Leo | 2 | 1 | 873 | $564,900 | Sold Out |
| The Orion | 2 | 1 | 893 | $613,900 | Sold Out |
| The Cosmos | 3 | 2 | 943 | $599,900 | Sold Out |
| The Nash | 2 | 1.5 | 1198 | $650,900 | Sold Out |
| The Portia (1/2) | 2 | 1.5 | 1217 | $610,900 | Sold Out |
| The Portia (2/2) | 2 | 1.5 | 1217 | $610,900 | Sold Out |
| The Halley | 2 | 1.5 | 1232 | $645,900 | Sold Out |
| The Regil (2/2) | 2 | 1.5 | 1300 | $731,900 | Sold Out |
| The Regil (1/2) | 2 | 1.5 | 1300 | $731,900 | Sold Out |
| The Ariel | 2 | 1.5 | 1314 | $651,900 | Sold Out |
Full Presto Towns floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Presto Towns price list and floor plans.
Presto Towns Deposit Structure
$5,000 + 15% (over 240 days) + 5% on Occupancy
Deposit structures at Presto Towns can change between releases and may differ for international buyers. Confirm the current Presto Towns deposit structure before submitting a worksheet.
Location: 165 Tapscott Road
Presto Towns is located at 165 Tapscott Road, Toronto in the Malvern neighbourhood, Toronto.
- Walk Score: 80/100
- Transit Score: 70/100
Explore more pre-construction projects in Toronto or browse the Toronto region.
About the Developer: Ambria Homes
Presto Towns is being developed by Ambria Homes, with architecture by SRN Architects.
See all Ambria Homes pre-construction projects.
How to Buy at Presto Towns
- Register early. Allocation at Presto Towns in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. The current published deposit structure is $5,000 + 15% (over 240 days) + 5% on Occupancy.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Presto Towns
Budget beyond the purchase price at Presto Towns: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $0 per sq ft per month. Lockers are $5,000.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Presto Towns. Confirm each in the current agreement of purchase and sale before you sign.
Presto Towns — Frequently Asked Questions
Where is Presto Towns located?
Presto Towns is located at 165 Tapscott Road, Toronto in the Malvern neighbourhood.
Who is the developer of Presto Towns?
Presto Towns is being developed by Ambria Homes.
How much do units at Presto Towns cost?
Pricing at Presto Towns starts from $514,900 and ranges to $731,900. Prices and incentives change with each release — request the current price list for live pricing.
When is occupancy at Presto Towns?
Estimated occupancy for Presto Towns is 2023-01-01.
How many units are in Presto Towns?
Presto Towns is planned as a 3-storey townhouse development.
How do I get platinum or VIP access to Presto Towns?
Circle Real Estate provides platinum access to Presto Towns, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for Presto Towns pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.