Over the last couple of weeks, I have been getting a lot of inquiries for pre-construction condos from my local as well as my abroad clients. As always, I stress to my clients that not all pre-construction sales are good potential investments. Currently, there are five projects in Mississauga and surrounding areas, that are worth a closer look.
Mississauga Pre-Construction Projects
Mirage – Mirage has some of the most lavish layouts to date. It is located right across the street from Square One Mall, close to the movie theatre. Mirage will be complete in 2014 and is great for those that love the convenient location in the heart of Square One. It also offers some great amenities like a movie theatre, bowling alley, party room, billiards etc. Everything that the heart desires to entertain your guests right at your doorstep without having to leave your condo. Deal of the summer: one bedroom starting at only $270,000 and until July 31st, 2013 they offer $6000 off the purchase price.
Pinnacle Grand Park 2 – This is a great project for anyone who is downsizing from a house and wants a spacious 2 bedroom within walking distance to Square One. Currently, they have a beautiful 2 bedroom corner unit layout of 1050 sq ft from the low $400’000s. This project is expected to be finished by early 2016.
PSV 2 – Currently their penthouse collection seems to be the new buzz in the pre-construction sphere. PSV’s regular units are already prestigious enough, yet PSV has managed to awe with their penthouse luxurious suites. Their standard units are some of the nicest ones in Mississauga without having to upgrade and spend thousands of dollars to perfect the condo to everyone’s liking. The options provided are just breathtaking and suit everyone’s needs. The lower penthouses, start at $318,000 for under 600 square feet and go up to over $700,000 for 1300+ sq ft- 3 bedrooms and a den. To top it off, depending on the tower you select, they are located 48 and 42 stories up in the sky and come with hardwood flooring throughout or a central vacuum system at no additional cost.
Other Pre-Construction Projects
Waterlilies Condo Townhomes – Although a 20min drive from the Mississauga Square One Area, it is a great project at a fantastic location. The project is situated in the newly developing area of Oakville close to highway 403 and Dundas street, just at the border with Mississauga. These stacked condo townhouses are a close-knit community, overlooking a few ponds and well-kept natural areas. These offer only $20,000-$25,000 down payment and are currently selling for $339,000 – $359,000 for a 2 bedroom townhome up to 1050 sq ft. Completion date is scheduled for fall/winter 2014.
One Fifty-Five Uptown – This project is located in the heart of the Waterloo / Kitchener Area, about 80km away from Square One. For those that do not know, Waterloo is a very fast growing city, attracting many newcomers who are looking for relatively affordable real estate. In addition, one of Canada’s best schools, the University of Waterloo, is approximately 2.5 km away. The previous phase “144 Park” was very successful and showcased the luxury lifestyle in the suburbs. Since the previous project sold out, the builder decided to unveil One Fifty-Five as it’s a successful project in the area. These extravagant suites with impressive terraces and layouts are a great addition to the thriving Uptown Waterloo core. Step outside and be close to shops, the Bauer Marketplace, trails and public transit. You are truly in the heart of Uptown Waterloo with this great choice.
For anyone considering buying a condo in any one of these five projects, please make sure to read this important article. Finally, always remember to never visit a condo presentation center directly without an agent, as you will lose out on all your incentives!
If you have been waiting for the perfect time to get into the pre-construction condo market give me a call and I can help!
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