Square One Condos for Sale mississauga condo rentals square one

July 2020 Listings

Current Condo Trends in Mississauga Condo Market

Prospective buyers in Mississauga will find that the latest trends in the local real estate market may leave them with few options. Recent reports have found that a variety of factors have led to a significantly increased demand for Mississauga condos. Among those factors are rapidly increasing single-family home prices. The simple fact is that the cost to purchase a single-family home has now become unaffordable for many local residents. The situation has left buyers with the choice of moving further out to the suburbs where homes are less expensive but the commute is longer or buying a condo in Mississauga which offers amenities of a large City.

The scarcity of affordable single-family homes has caused many buyers to be priced out of the more established neighbourhoods in the area. As a result, many families are making the trade-off of opting for condo-style living while maintaining easy access to the local transit system. Construction of new Mississauga condos has continued at a rapid increase over the past few months. In fact, the construction level actually seems to conceal the anticipated demographic needs, potentially signalling a decline in sales at some point in the future.

Even so, buyers weighing the pros and cons between moving to the suburbs and buying a Square One condo often find that a condo wins in the end. Factors such as traffic congestion and increased traffic often incite a desire to live closer to work. Currently, the vast percentage of the condo boom in Mississauga and the surrounding area has taken place in highly desirable neighbourhoods that are well served by the local transit system and also easily walkable.

Yet another factor driving the trend toward condo living is the growing senior demographic. In fact, many luxury Mississauga condo towers are now specifically targeting well-off empty nesters who no longer desire to maintain a larger residence. Location-centric neighbourhoods make it easy to socialize with friends and enjoy a range of amenities.

During the course of the next two years, it is anticipated that the rate of condos for sale in Mississauga will drop off somewhat from the current boom we are now witnessing. Based on a continuing need for affordable housing and the desire of many buyers to maintain easy access to transit systems and a vibrant lifestyle, the overall prognosis for the condo market in Mississauga is expected to remain strong. Some experts are even predicting that over the long-term the price growth for Mississauga condos could rival that of traditional housing.

Mississauga Condos For Sale

How Old Are the Condos Around Square One area of Mississauga

Name
Address
Age
PSV4011 Brickstone Mews2017
PSV510 Curran2017
Mirage339 Rathburn2016
Crystal55 & 75 Eglinton2015
Grand Residences 4070 Confederation2013
Grand Park Residence4065 Brickstone Mews2013
Limelight360 Square One2013
Limelight365 Prince of Wales2013
Absolute50 Absolute2012
Absolute60 Absolute2012
Elle3525 Kariya2012
Wide Suits208 Enfield2011
Chicago385 Prince of Wales2011
Onyx223 Webb2010
Ultra Ovation330 Burnhamthorpe2010
Universal335 Rathburn2009
Eve3515 Kariya2009
Absolute80 Absolute2009
Solstice225 Webb2008
Grand Ovation310 Burnhamthorpe2008
One Park Tower388 Prince of Wales2008
Absolute70 Absolute2007
Absolute90 Absolute2007
City Gate Condos220 Burnhamthorpe2006
Capital Tower4080 Living Arts2006
Capital Tower4090 Living Arts2006
Ovation Condos3888 Duke of York2005
City Gate Condos3939 Duke of York2005
City One1 Elm2004
City One33 Elm2004
Ovation Condos3880 Duke of York2004
Tiara Condo156 Enfield2003
Centre Condo400 Webb1995
Monarchy325 Webb1994
Monarchy335 Webb1994
The Platinum350 Webb1994
The Enfield265 Enfield1993
The Enfield285 Enfield1992
Centre II330 Rathburn1992
Odyssey250 Webb1991
Club One300 Webb1990
Centre I350 Rathburn1990
The Towne 255 Elm1990
Phoenix550 Webb1990
The Towne3605 Kariya1989

Mississauga Condos For Sale

Investing in Square One Condos for Sale

Absolute Condos

I get many inquiries from local and overseas investors that are interested in investing in Canadian Economy by considering square one condos. 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 with Mississauga Condos for Sale  and experience positive results:

Purchasing a condo and renting it out: With this investing method you are looking to purchase a square one 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 $1900 – $2100 1+ Den $2100 – $2400 2 Bedroom $2500 – $3000 3 Bedroom $3000 – 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:

 

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

Avia 2 Pricelist 2019 Square One Condos

Aria 2 Mississauga

Avia is 45 storey tower with a total of 568 unit and estimated occupancy is 2022. Avia towers will be offering 1 bedrooms, 1 bedroom plus dens, 2 bedrooms, 2 bedrooms plus den and 3 bedrooms suite designs.

  •  24hr Concierge,
  • 2 Guest Suites,
  • Outdoor BBQ and Dining area,
  • Chef’s Kitchen,
  • Party Room,
  • Theatre,
  • Kid’s Outdoor & Indoor Play area,
  • Yoga Studio,
  • Sun Terrace,
  • Gaming Lounge,
  • Exercise Room 

 

Avia Pricelist 

Parking & Locker: Included in Purchase Price (Suites under 500 sq. ft. can be put on a waitlist to purchase parking) 

MAINTENANCE: Suites Approx. $0.59/sq. ft. + BELL $32.77/month (Utilities separately metered) Parking Maintenance: $49.95/month Locker Maintenance: $19.95/month

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