4 Reasons to buy a Pre-construction Condo in MississaugaWritten by Eric Skicki Monday, June 1st, 2015
Prices are still low – Mississauga pre-construction condos are often below $500 a square foot, which is much cheaper than other major cities. By default, pretty much all pre-construction condos sold today in Mississauga come with one locker and one parking spot. In places like Toronto, parking spots are often reserved for only 2 bedroom units and buyers have to pay up to $50,000 (or more!) to actually get a parking spot.
With each new building coming up, prices set by the builder tend to increase slightly. Buying early at the VIP stage ensures that you get the first pick of a unit at the lowest possible price.
The downtown core is still growing – The number of condos in downtown Mississauga has almost doubled in the last 12 years. Over the next decade, we can see as much as fifteen additional condos within the Square One area getting constructed. With the expanding downtown Mississauga core, we not only see more condos but also more roads, transportation and places to entertain. The recent opening of the Bier Markt has created a lot of buzz online.
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