Invest Archive

Dwell City Towns in Etobicoke Pricelist


Welcome to Dwell City Towns, where 2 distinctive townhome collections are set along pedestrian friendly streetscapes, including a central park to create a welcoming sense of community. This is where bright contemporary architecture and open living spaces with modern features and finishes come standard. And where Sherway Gardens, Etobicoke Civic Centre, parklands, Centennial Park, Hwys 427, 401 and the QEW, can be reached in mere minutes.


These are all 2 Bedroom Units

Special Incentives if Buying with Elena (Before Oct 15)

Stainless Steel Appliances
Smooth Ceiling Throughout
2 Years NO Maintenance
Granite Countertops
Cap on all Closing Costs ($1000)
Cap Levies & Development Charges ($5000)
Free Assignement allowed up to 90 Days Before Occupancy

Deposit Structure :

5% with Offer

5% in 90 Days

5% in 180 days

5% on occupancy

  • Locker Price $3500
  • Maintenance Fees approximately $0.15 per square foot.
  • Includes: Common Elements, Building Insurance, Landscaping, Snow Removal, Waste Removal
  • Hydro & Gas is separately metered



Price Growth Continues in February

March 5, 2013 — Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012. It should be noted that 2012 was a leap year with one extra day in February. A 28 day year-over-year sales comparison resulted in a lesser decline of 10.5 per cent.

The average selling price for February 2013 was $510,580 – up two per cent in comparison to February 2012.

“The share of sales and dollar volume accounted for by luxury detached homes in the City of Toronto was lower this February compared to last. This contributed to a more modest pace of overall average price growth for the GTA as a whole,” said Toronto Real Estate Board (TREB) President Ann Hannah.

“Stricter mortgage lending guidelines that precluded government backed mortgages on homes sold for over one million dollars and the City of Toronto’s additional upfront land transfer tax arguably played a role in the slower pace of luxury detached home sales,” added Ms. Hannah.

The MLS® HPI Composite Benchmark price covering all major home types eliminates fluctuations in price growth due to changes in sales mix. The Composite Benchmark price was up by more than three per cent on a year-over-year basis in February.

“We will undoubtedly experience some volatility in price growth for some market segments in 2013. However, months of inventory in the low-rise market segment will remain low, resulting in average price growth above three per cent for the TREB market area this year. Our current average price forecast is $515,000 for all home types combined in 2013,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Investing in Mississauga Condos

I get many inquiries from local and overseas investors that are interested in investing in Canadian Economy. There are many reasons that investors prefer investing in Canadian Real Estate, our economy is considered stable and healthy, our Real Estate market only experienced a slight economic declined but recovered very quickly in 2008. Since that time we have seen only positive growth year after year. There are several ways that you can invest in Real Estate and experience positive results:

Purchasing a condo and renting it out:

With this investing method you are looking to purchase a condo in a desirable location such as Mississauga, Square One Area or Toronto. The important factor to remember it has to be close to public transportation for easy commute. Another important factor to remember when buying an investment unit is to look for a condo with low maintenance , it is important to find a unit with a good balance of price, maintenance and condition. It is very common to find a condo with an attractive price but the maintenance is with very high.

Renting the unit will be the next step, the going rate for renting condos in Mississauga are as follows:

1 Bedroom      $1300 – $1400
1+ Den              $1400 – $1500
2 Bedroom      $1500 – $1700
3 Bedroom      $1900 – Up

By investing in a rental condominium you cannot expect the renter/ tenant to cover all of your mortgage plus maintenance expense if it exceeds the going rate of similar rental properties.

Here is a simple chart that I have that will show you different situations and outcomes when investing in a Mississauga Condo based on current units for sale that are good for potential investment in my opinion:

 mississauga-condos-for-sale-investment 

 

If you are interested in receiving a weekly report with condo units that are good for investment and detailed outline of potential equity gain , click here to contact me. 

 

PSV2 Condos – Mississauga President’s Club Price

**PSV2 NEW tower release Limited Time  Offer Unitil Thursday, June 28**

  • $5,000 + $2,000 Cash Back
  • Free Stainless Steel Appliances
  • Free window coverings
  • Free Locker
  • Free Parking
  • Free Assignment Fees

COntact me today to visit the sales office, most units are sold out already

PSV Condos MIssissauga VIP Price List

Amacon unveils its  fifth tower PSV2 New Pre condos within Parkside
Village community walking distance to Square One, in Mississauga. There will be 23 condos in total at the Parkside Community, this is the second tower that is released.

Exclusive Presidents Club Pricing:

 Deposit Structure:

$2,000 on signing

Balance to 5% in 30 days

5% in 180 days

5% in 365 days

5% on occupancy

  • 1 Locker and Parking Included
  • Stainless Steel Appliances
  • Window Coverings
  • Extra Parking: $23,000
  • Maintenance Fees approximately $0.49 per square foot.
  • Includes: Heat, Air Conditioning, Water, Building Insurance, And Common Elements.
  • Hydro is separately metered

Contact me if you are interested in buying or investing in this project.

Not interested in this project? Click to see other New Developments in Mississauga

Is Buying Condo a Great Investment Opportunity?

If you ever wanted to invest in a Real Estate market you have probably wondered whether buying a condo would be a great investment opportunity. Lets look at condo investments, the first idea that comes in mind is buying a condo and renting it out or selling it in the future. There are some factors that need to considered, buying the cheapest/smallest unit during pre construction is not the greatest bargain as you might think at the time. You have to think about your future target buyer. Who wants a tiny condo where the couch is practically in the kitchen and a queen bed can not fit in the master bedroom? You would probably not want to live in a unit like this therefore the majority of people out there will not think of it as a great place to live either. The more unique and large your condo unit is, the more buyers/renters you are going to attract. Also think about your competition, yes all those people that bought for low price during pre construction of the condo  are planning to rent out their units, and are most likely going to do it all at the same time. This will result in many empty units in the condo waiting to be rented out which will drive prices down, there goes that nice profit that you had originally expected. Another advice is to buy as big a condo as you can afford. This is for two main reasons, so as not to be one of 100 one bedroom units for sale in a building. Another reason is many older couples will be leaving their larger homes and they are not going to want to live in a 550-square-foot one-bedroom condo. Condo buyers who rent out their unit and are not making 10 per cent or more might be better off with other forms of real estate investments.

In conclusion if you are buying a condo for resale potential try to purchase a larger condo with a unique layout and a great view this will definitely raise the demand for your property. If you are planning on renting, you will want to pick an area where vacancy rates are low (due to demand) and choose a condo that people will want to rent. The lease profit should be more then 10% in case of maintenance rates increasing and you do not want to be stuck with a negative cash inflow. All in all some research should be done before hand, let your Real Estate Agent help you with it!

Square One Condos, Buy Sell Rent Mississauga Condos