Real Estate

M City Mississauga Condo's

  • Last Updated:
  • May 12th, 2017 1:07 pm
Sr. Member
Apr 20, 2003
629 posts
15 upvotes
From the VIP event I went to on Saturday, I put down a 5k cheque and on Wednesday when they announce prices, floor plans and details, I can buy. But from the brochure they gave me on Saturday they had these prices: low 200s for 1 bdrm, high 200s for 1+1, and mid 300s for 2 bdrm. Parking would be 20-25k and no storage included.

So if I'm looking for a 2 bdrm with locker and parking, I'll be looking at basically 400k that will finish in 5 years. Right now on MLS, 2bdrm in Absolute is about 350-450k. Hard to predict if the market will go up that much more in Mississauga in 5 years or to the general real estate market in the GTA.
Deal Guru
User avatar
Mar 1, 2008
11266 posts
1504 upvotes
Toronto, Ontario
What if you're buying to live in and not to invest?
Deal Addict
User avatar
Dec 13, 2016
1048 posts
795 upvotes
I don't know if things changed, but absolute management is a disaster. You certainly can't compare the prices to that failed development. Just look at the condo fees.
Deal Addict
Jan 3, 2012
1206 posts
29 upvotes
Mississauga
Invasionmix wrote:
Mar 20th, 2017 5:26 pm
From the VIP event I went to on Saturday, I put down a 5k cheque and on Wednesday when they announce prices, floor plans and details, I can buy. But from the brochure they gave me on Saturday they had these prices: low 200s for 1 bdrm, high 200s for 1+1, and mid 300s for 2 bdrm. Parking would be 20-25k and no storage included.

So if I'm looking for a 2 bdrm with locker and parking, I'll be looking at basically 400k that will finish in 5 years. Right now on MLS, 2bdrm in Absolute is about 350-450k. Hard to predict if the market will go up that much more in Mississauga in 5 years or to the general real estate market in the GTA.
what's the deposit structure?
Sr. Member
Apr 20, 2003
629 posts
15 upvotes
saadt1988 wrote:
Mar 21st, 2017 9:48 am
what's the deposit structure?
This is from the realtor at the VIP event (it may not be 100% accurate cause everything will be announced tomorrow) but she said $5k deposit, if you agree then you do all the paperwork on Saturday and pay 5% minus the 5k within 30 days, 5% within 180, 5% within 300 then the final 5% within closing. But don't quote me on this. I can let you guys know more details tomorrow when I find out.
Deal Addict
Feb 2, 2014
4210 posts
847 upvotes
Toronto
Got the price list. Development charges are capped as well between $6-$8k and they allow assignments.

Image
Kevin Somnauth, CFA
Mortgage Agent and Real Estate Sales Representative
Sr. Member
Oct 25, 2007
560 posts
61 upvotes
Mississauga
Got the price lists today..1bedroom+Den (586sft) is $326+20k(car parking)+3.5k(locker)+500*no of floors above 7th). and 15% down in 1 year
bottom line $350k upto 7th floor, delivery after 5 years..
so whats the RFD's openion
Deal Addict
User avatar
Dec 1, 2015
1302 posts
726 upvotes
Etobicoke, ON
Image
Andre Oliveira - Mortgage Agent
FSCO # 10428 - Mortgage Intelligence
.
BTW = I'm the former "Laptop-tech" member here. Just changed the username.
Jr. Member
Sep 25, 2012
116 posts
27 upvotes
Toronto
What is M, D, F etc. ?
Are there floor plans?
Jr. Member
Jun 24, 2011
158 posts
60 upvotes
West Lafayette, Indi…
Media (Small), Den (Smaller), Flex (a little small, can be a second bedroom).

Parking is 20K. Locker $3.5k only for $400K+ units
Jr. Member
Sep 25, 2012
116 posts
27 upvotes
Toronto
What is the difference b/w Den and Flex? which one is bigger?
Member
Dec 10, 2006
374 posts
47 upvotes
Mississauga
IndustrialKid wrote:
Mar 22nd, 2017 2:47 pm
Media (Small), Den (Smaller), Flex (a little small, can be a second bedroom).

Parking is 20K. Locker $3.5k only for $400K+ units

So parking and locker are only available to 400+ units. Or only the locker
Newbie
Aug 17, 2015
59 posts
14 upvotes
Toronto, ON
parking avail for 503+ in sq ft
locker is avail for 400k plus in price
Jr. Member
Sep 25, 2012
116 posts
27 upvotes
Toronto
REMAXREALT0R wrote:
Mar 22nd, 2017 3:13 pm
parking avail for 503+ in sq ft
locker is avail for 400k plus in price
WTF? no locker for under $400k? never heard that before.

Top