5 Things You Didn’t Know About Living in a Gated Community
Aug 10, 2023 / Luxury
Gated communities symbolize a life of luxury and exclusivity – offering a unique lifestyle that stretches far beyond just an increase in privacy. If the idea of a gated community appeals to you, there are a few things you’ll want to know before calling your real estate agent.
In this blog, we shed light on the lesser-known aspects of these unique types of neighbourhoods to help you get a better idea of how life in one could suit you.
1. The Exclusive Amenities
Gated communities offer their residents far more than simply an elevated degree of security. In the Great Toronto Area, many private neighbourhoods offer a wide range of exclusive amenities that cater to various interests and hobbies. From golf courses, private parks, swimming pools, and reserved fitness centres to trails for biking or jogging, gated communities provide residents with the opportunity to lead an active and fulfilling lifestyle without venturing far from home.
If there are specific amenities that interest you, be sure to mention them to your real estate agent. An established agent who is experienced with the unique ins and outs of luxury real estate can help you find the perfect community for your needs and desires.
Ready to buy property in Vaughan or the GTA? Explore these helpful articles from our blog.
- 5 Reasons to Get Pre-Approved For a Mortgage Before You Start Looking at Homes
- What to Look For in a New Home if You’re Retired
- What Are The Costs of Buying a House in Greater Toronto?
2. Maintenance Requirements
The notion of maintenance-free living often comes to mind when thinking about gated communities. In reality, residents still need to take care of their properties, pay homeowners association (HOA) fees, and adhere to community guidelines.
In some cases, certain home-care services may be covered as part of the HOA fees, such as landscaping or snow removal. However, it’s important to be aware that not all gated communities will offer a completely hands-off lifestyle.
Looking for the best gated communities in the Greater Toronto Area? We ranked our favourites here.
3. Home & Property Restrictions
Another factor to consider when pondering the prospect of buying a home in a gated community is your desire to upgrade or modify your property down the line. Although regulations will vary by neighbourhood, some gated communities or more specifically – their HOA, may impose some restrictions on how you can renovate or make changes to your home.
HOAs regulate various aspects of property ownership, including architectural designs, exterior colour choices, landscaping, and even the addition of certain structures like fences or sheds. While these rules contribute to the overall visual appeal and cohesiveness of the community, they can limit the degree of autonomy that you have as a homeowner.
If you have specific ambitions to customize your future home, be sure to speak with your real estate agent. They can help you understand how a community’s bylaws may impact or hinder your vision.
Searching for a great home? The resources below will help get your home search off to a great start:
4. Ease of Access
One of the best parts about living in a gated community is the heightened sense of security and privacy. While this is generally an advantage, living in a neighbourhood with restricted access can add a few layers of complexity in certain situations.
For instance, if someone else needs to access your home, such as a family member, friend, contractor, courier, or driver, you may need to be available in order to let them in. While this is generally not an issue if you’re at home, it can introduce challenges if another person needs to access the property while you are travelling or away.
Wondering if life in a gated community is right for you? Click here to read our blog about everything you need to know about living in a gated community.
5. There Are More Options Than You May Realize
While gated communities are less common in Canada compared to the United States, there is still a great selection of options for buyers seeking this type of neighbourhood. There is a wide range of gated and private communities located all across the Greater Toronto Area.
Gated communities aren’t just diverse in their location either. Each neighbourhood has its own housing stock, local amenities, community atmosphere, and overall energy. As a buyer, you’ll be able to find a community that speaks to your specific needs and tastes.
Want to find the perfect home? Work with the #1 real estate team in Vaughan! Call 416-571-2724 or send an email to info@arciteam.com today!
Interested in Learning More?
Reach out by using the form below.