The Avenue District Townhomes Site Map

The graphic above shows Block 3 of The Avenue District at East 15th Street and Rockwell Avenue. The location of the 10 new E-Unit Townhomes, along East 15th Street, is highlighted in yellow.

For more info on the E-Unit Townhomes, check out the Sept. 29 blog post by Plain Dealer real estate reporter Michelle Jarboe, in the Crib Notes blog on Cleveland.com.

The Avenue District Adds 10 Units to Downtown Cleveland Townhomes

Zaremba, Inc., developer of The Avenue District, a $300 million walkable neighborhood in downtown Cleveland, has released plans for a new set of 10 townhome units on the development’s southeastern edge along East 15th Street.

The E-Units introduce a new floorplan and price point at The Avenue District, bringing the total number of living units at Block 3 to 30.

“The addition of the 10 E-Units to our existing 20 townhomes, gives prospective buyers more opportunities to live in dowtown Cleveland townhomes,” said Nathan Zaremba, president of Zaremba, Inc. “The price point and layout also open the living option to a wider audience.”

The E-Units feature a new 1,400-square-foot floorplan, with two bedrooms and two bathrooms on the upper level. Residents will have the option, early in the planning process, to build one parking space and a bonus room, or two parking spaces. There is a unique end unit available that has three-sided window exposure. All units have a rooftop balcony.

The E-Units start at $264,900, which is the lowest price point at The Avenue District Cleveland condos. Currently, five of the 10 E-Units are available for pre-sale. Visit the The Avenue District Website to view details and floorplans of available townhomes.

Owner orientation and occupancy began in late July for The Avenue District’s second 10-unit townhome building, nearing the finishing stages of interior buildout, exterior finishing and full landscaping. The first townhome building began occupancy in October 2007.

Rent-To-Own: NOW AVAILABLE

http://www.theavenuedistrict.com/zaremba/rent-to-own/

Get into The Avenue District like never before with our Rent To Own program! Earn equity while living in Downtown Cleveland's best neighborhood. Contact Frank Lalli at (216) 589-8524 and find out how soon you can be living the green urban lifestyle you need!

Affordable Downtown Living - Part 3 of 3

For those looking at buying a downtown property, or transitioning from renting to buying, there are plenty of resources available, including educational tools and affordable finance options.

For example, Zaremba offers a financial savings calculator with each available floorplan on TheAvenueDistrict.com, that estimates monthly payments using four different mortgage scenarios. Check out the townhomes page and click on Savings Calculator to the right of each floorplan for details. There are also many 'Renting Versus Buying" automated calculators available online, such as Yahoo Real Estate or Ginniemae.gov.

Zaremba recently launched a rent-to-own financing option for The Avenue District, designed to help renters achieve home ownership. Qualified program participants, with loan pre-approval, can select any available inventory home, lock in the purchase price and start to build equity. Depending on the individual monthly payment for the home, 50 to 65 percent of the payment will be applied towards the down payment for a 12-month period.

“With our rent-to-own option, home ownership in The Avenue District is more attainable than ever before, all with the added benefits and convenience of living in a downtown walkable neighborhood,” said Nathan Zaremba, president of Zaremba, Inc.