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Eric Skicki

Pinnacle Grand Park 2 Condo VIP Release

Written by Eric Skicki Wednesday, June 11th, 2014
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    Edit: We still have the VIP promotions extended for a limited time period. If you are interested please give me a call and I can set you up with a private tour! 647-689-7517

    Pinnacle will be releasing a new set of condos, starting from just $265,900 or low to mid $400’s per square foot. With no other condo projects being released in downtown Mississauga in 2014, this may be the last opportunity for any buyer to have a first-hand pick of whichever unit they like. We will be having a  special event on June 21st, 2014, where our clients will have one-on-one appointments to pick any unit they like. The builder will be officially closed to the public on that day; so please do make sure to register with us to take advantage of this opportunity.

    Floorplans/layouts can be found on MyPinnacleCondo.ca  For those interested to see the complete pricing, I encourage you to contact us and we can send them to you VIA email. 

    Who is Pinnacle Grand Park 2 targeting?

    With an anticipated closing date of May 2017, the Pinnacle condos are really for those who are planning their future. This mainly consists of three primary groups.

    The first group is; the young adults who are still living at home with their parents. Making the giant leap to live on your own can seem like a serious commitment, and young adults do want to make sure they have enough time to save and prepare for the life that awaits them outside of the comfort of their own home. Parents, on the other hand, are often proud to help contribute financially and help their kids start off their lives.

     

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  • This entry was posted on Wednesday, June 11th, 2014 and is filed under ALL Articles, Pre-Construction Condos. Tags: , ,

Eric Skicki

What Makes Good Condos, Simply Amazing!

Written by Eric Skicki Wednesday, May 21st, 2014
  • For any buyer looking to purchase in downtown Mississauga, the process of buying a condo can seem overwhelming. With so many buildings to choose from, buyers are often left with uncertainty, not knowing if they have purchased a unit that they will completely be happy with. This is why I always stress to my buyers, that the most important aspect of selecting the right condo is – lifestyle. The lifestyle each condo has to offer is different, and I believe each buyer should be educated as much as possible about each condo (both negative and positive) before they commit to the purchase. In this blog post, I will cover some of the features which make a condo stand out from the others.

     

    Condos for Sale in MississaugaFree Parking Access at Chicago:

    385 Prince of Wales is one of the only buildings that have a lot of visitor parking space since it is outdoors. It is also in front of Rabba and Dry Cleaners. It seems that many condos in Square One have two issues when it comes to parking. 1.) Time restrictions and limitations – how many parking passes a month are issued for your guests. Example only 8 passes a month. 2.) Availability – the condos that don’t have these restrictions have issues with availability. On the weekends; Friday and Saturday nights parking spots are very scarce.

     

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  • This entry was posted on Wednesday, May 21st, 2014 and is filed under ALL Articles, Articles for Buyers, First Time Home Buyer. Tags: , , , ,

Eric Skicki

Low 2.99% 5 year Fixed Mortgage Rates Are Back!

Written by Eric Skicki Sunday, April 27th, 2014
  • If you have been on the fence about buying a condo in Mississauga for the last little while, this might compel you to purchase a condo. Last week the Bank of Montreal brought back their 2.99% 5 years fixed mortgage rate. Originally, this same rate was offered last year and it only lasted about three months. Afterward, the 5 years fixed rate slowly crept up to about 3.5%.

    What does this mean for the average consumer looking to buy a condo in Mississauga? For someone looking to buy a $300,000 condo with a 10% ($30,000) downpayment, the difference between getting a rate of 2.99% over 3.5%, could mean saving around $70 a month. Now that may not seem

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  • This entry was posted on Sunday, April 27th, 2014 and is filed under ALL Articles, Market Statistics.

Eric Skicki

Get A Free RENO & Be Featured On TV!

Written by Eric Skicki Tuesday, April 8th, 2014
  • property brothers HGTV

    At one point, we have all seen a real estate show on TV. Whether it was Love It Or List It, Property Virgins, or The Property Brothers. Some of us have wondered what it would feel like to have our home featured on a show. How we would like our home to be renovated or remodeled, and what it would look like after. Then we thought about the show and how much our home would be worth after a reno job was complete.

    The shows spark our imaginations and they let us look at our homes, and sometimes we start noticing what we would like to have changed about our home. Then we contemplate; well, maybe it is time to sell this place and get something else. If this is the case, then we have some great news for you. We have been asked by the producers of the Property Brothers: Buy and Sell, to feature some of our clients on the Tv show. The show airs on the W Network and HGTV. Our sellers: both house and condo sellers, interested in this must know the following:

     

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  • This entry was posted on Tuesday, April 8th, 2014 and is filed under ALL Articles, Articles for Sellers. Tags: ,

Eric Skicki

4 Changes Happening Now In The Mississauga Condo Market

Written by Eric Skicki Sunday, March 16th, 2014
  • Downtown Mississauga

    No New Condo Projects Being Launched 

    In 2012/2013,  there were 5 condo projects in downtown Mississauga which were launched; PSV 1 and PSV 2, Pinnacle Uptown 1 and 2 and Pinnacle Grand Park. Since the market has been healthy and steadily going up, builders are watching the market in order to see how the market will unfold for the rest of the year, and therefore, no new launches have been planned for this year in the Square One Area. However, the five projects mentioned above still have some inventory left over. For those projects with fast approaching occupancy dates, there are currently some great deals and promotions being offered to us. We have a close partnership with PSV and Pinnacle and would love to offer our clients all the perks of condo ownership, along with great offers.

    Pro tip for buyers – If you are still looking to purchase a PSV or Pinnacle condo, now is your chance to get great deals and promotions through us. Contact us for more info!

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  • This entry was posted on Sunday, March 16th, 2014 and is filed under ALL Articles, Market Statistics.

Eric Skicki

Hidden Tax Costs When Purchasing A Condo

Written by Eric Skicki Wednesday, March 5th, 2014
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    One of the main factors, when choosing a new home, for many new home buyers, is deciding which city is the right fit. Most people will choose a location close to their work. Others may pick a location associated with higher social status. Whichever factors go into your decision, property tax is something you should consider. Property and land transfer taxes are required to be paid to the owner on your Closing Date. The money is split between the city, region, and province. In this article, we will outline the property tax and land transfer taxes associated with purchasing a property in the Square One region of Mississauga.

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  • This entry was posted on Wednesday, March 5th, 2014 and is filed under ALL Articles, First Time Home Buyer. Tags: , , , ,

Eric Skicki

A Closer Look At Renting Vs Owning

Written by Eric Skicki Tuesday, February 4th, 2014
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    It is no secret that many of the condo units around the Square One area are rented out to tenants. In fact, in 2013, there were over 1746 recorded lease transactions on the MLS system in the City Centre area alone. This does not take into account any privately conducted leases or lease renewals. Although leasing is a viable option for some, most tenants aspire to be owners one day. Over the years, we have helped many tenants transition from renting to owning a condo in Mississauga. In this blog post, we will break down the cost relating to renting and owning a condo in downtown Mississauga.

     

    The Cost Of Renting Vs Owning

    In the chart below, we compared the monthly carrying costs of an average priced one bedroom condo in downtown Mississauga. Rent is based on the market average of $1,450 per month, and owing is based on a purchase price of $260,000, with $52,000 (20%) down, and at a 3.5% fixed rate amortized over 25 years.

     

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  • This entry was posted on Tuesday, February 4th, 2014 and is filed under ALL Articles, First Time Home Buyer. Tags: , , , ,

Eric Skicki

Daniels Erin Mills Pre-Construction Condos Registration

Written by Eric Skicki Saturday, January 25th, 2014
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    The well-known builder in Mississauga who brought you condos such as One Park Tower, Chicago and Limelight, will be releasing new condos; “Daniels Erin Mills Condos”. They will be located at 2550 Eglinton Ave W in Mississauga next to Erin Mills Town Centre (Erin Mills Parkway and Eglinton Ave). Daniels has acquired about 6 acres of land on the southwest corner of that intersection. They have planned to build three high rise condos, starting with the West tower, which will have 25 storeys and 300 units. The units will feature 1 Bedroom, 1+1 Bedrooms, 2 Bedrooms and 2+1 Bedrooms. This community will also have 2 and 3 Bedroom, 2 level Townhomes.

    This new community by Daniels is conveniently located in the heart of Erin Mills. It is steps away from Credit Valley Hospital, Erin Mills Town Centre, all the shops, transportation, restaurants, schools, parks and more! Everything that the heart desires is right at your doorstep.  Daniels vision was to create a community where one can play, dine, work, shop, and call home.

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  • This entry was posted on Saturday, January 25th, 2014 and is filed under ALL Articles, Pre-Construction Condos. Tags: , ,

Eric Skicki

New Year Resolutions For Your Condo

Written by Eric Skicki Wednesday, January 1st, 2014
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    As a condo owner, you do have the luxury of living a nearly worry-free lifestyle, as the condo corporation takes care of most repairs for the building complex. In return, you as the owner pay a monthly “condo fee”, also known as “maintenance fee”. Typically speaking, the condo corporation takes care of maintaining the common areas, whereas you have the responsibility of maintaining everything inside your condo unit. Although there are not many things to maintain inside a condo, owners often forget about the few items which are part of their responsibility.

    In this short blog post, I want to cover three of the most overlooked, and often neglected, responsibilities of being a condo owner.

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  • This entry was posted on Wednesday, January 1st, 2014 and is filed under ALL Articles, Condo Features. Tags: , , , ,

Eric Skicki

Are Condo Balconies Overrated?

Written by Eric Skicki Wednesday, December 11th, 2013
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    Having the chance to work with many condo buyers in the Square One area, I have noted that the majority of condo shoppers have balconies on their “wishlist”. Buyers believe that balconies are an essential part of any condo because it allows them to be outside without having to leave their units. However, are balconies really that important? Or are they simply an overrated feature of a condo?

    The Advantages Of Balconies

    The good news is that pretty much every condo in Mississauga built after 2004 does come with a balcony.  Unless you are buying an older condo, there is not much need to have balconies on your “wish list” as it’s a standard feature. Some older condos also have balconies, however, most of them have solariums, which are in essence ( den like rooms with large windows, positioned next to the living room).

     

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  • This entry was posted on Wednesday, December 11th, 2013 and is filed under ALL Articles, Condo Features. Tags: , ,

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