M City Update

M City Update

M City Update – Floorplans & Prices to be unveiled on March 22nd

M City Update – What to Expect!

M City Update - First Phase Tower 1 to be the tallest tower in MississaugaM City Update – Baker Real Estate, the company overseeing the marketing and promotion of the much talked about M City Condo project will be releasing floor plans and prices to their VIP brokers on March 22, 2017. M City is perhaps the hottest builder new condo project in Square One, Mississauga.

This is due to the unprecedented online hype regarding this project. Sometimes buying a builder new condo on a hype is not the best thing to do. Having said that, I am reserving my comments on M City Condos until the Broker Launch event next week. Our clients can expect to receive my unbiased opinion on buying and investing in M City at that time.

BUYING PROCESS:

M City Condo developers have not as yet categorized different tiers of brokers – like Platinum, VIP, Privilege etc. for prioritizing condo sales. What it means is that there will be just two events: a VIP broker event, where people who have registered with Realtors like myself will be allowed to buy. This will be followed with a public sales event.

NEXT STEPS:

Our clients will hear from us on or immediately after March 22nd with full details on floor plans, prices, views, down payment options etc. along with worksheets to mark your choices.

M City Update – Managing Buyer Expectations

The current demand is so high that the chances to getting the exact suite selection are quite low. There is no guarantee that you will receive the suite of your choice, or any suite for that matter. Recently, I was talking with another big developer who was concerned about the same issue. For a tower with 600 condo units, over 2,400 worksheets were submitted. So there you go – that’s how high the demand is.

M City Update – Shape of things to come

M City will be a 10-tower, 15-acre, 4.3 million sq. ft. community featuring over two acres of public parkland, a pedestrian-friendly environment,  two-way roads with on-street parking, sidewalks and residential frontages. M City will be situated on Burnhamthorpe Rd and provide north and south connections along Mary Fix Creek. M City is being overseen by many firms, including Urban Capital, Cooper Robertson, CORE Architects, Cecconi Simone (interior design) and Baker Real Estate Inc. The project is designed to fit into Mississauga city’s Downtown 21 plan and intends to further the city’s transformation from a semi-urban bedroom community to a richer, denser urban space.

The first tower will have a unique zig-zag architecture, however, it is said that there will be an array of condo suite layouts for purchasers to choose from. The tower will feature well-planned livable spaces with light, medium and dark palettes. The overall design will be urban and chic heralding a new Mississauga.

M City Update - Amenities to feature a rooftop Skating Rink

M City Update – Amenities Spotlight

The amenities offer residents ultimate variety in activity choices. There are social and interactive spaces promoting a sense of uniqueness and community. M City residents will have a unique opportunity to experience the rooftop amenity space serving as a skating rink during the winter.

Other M City Amenities will include:  fire features, M kids zone, outdoor play area, outdoor dining, fireplace, BBQ, splash pad, poolside outdoor dining, chef’s kitchen & dining, M lounge, outdoor lounge, pool deck, softwater swimming pool, pool lounge, women’s WC, women’s steam room, media lounge, men’s WC, yoga studio, men’s steam room, fitness centre, and guest suites.

M City update - M City Neighbourhood Features

M City located at prime Downtown Mississauga site on Burnhamthorpe Rd & Confederation Pkwy.

Residents will have access to the best that downtown Mississauga has to offer from the Celebration Square, Living Arts Centre, Civic Centre, Square One Shopping Mall, Central Library, Sheridan College to the many restaurants, local Mississauga Transit and GO Transit to practically everything you need. The future Hurontario LRT will only add to commuting efficiency.

M City also stands to gain from the current Mississauga real estate market trends. With rampant price wars and low inventory for single family low rise homes, condo living is the only option left for first time home buyers and newcomers. We are witnessing a flurry of buying and selling in the Square One condo market, at some record selling prices.

We can expect many Gen Y condo buyers and downsizing baby boomers moving into M City condos in addition to regular investors. We represent many local and overseas investor landlords in Mississauga City Centre area. With our unique property management services, investing in M City condos could be a viable option for you.

Our team has bought and sold many builder new condos at Square One like: Chicago, Limelight, Grand Park and Parkside Condos. We have personally witnessed the long line-ups at launch events and seen how rates move up from priority launches to general launch. Working with a VIP or a Preferred Broker definitely helps!

Your Advantages in Buying M City Condo with Team Amit Kalia

  1. Local Square One Condo Market Expertise
  2. Qualified Tenant Finding Service
  3. HST Rebate Advice
  4. Free Lawyer’s Review
  5. Expertise in Assignment Transactions
  6. A la Carte Property Management Services

Remember, as a buyer you do not pay any fee to us for buying a builder new condo. You only stand to gain from the exclusive builder terms prior to public launch.

Contact Team Amit Kalia today!

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By | 2017-09-27T09:55:46+00:00 March 15th, 2017|Categories: Buying, Condos, Investing, Square One Condos|Tags: , , , |Comments Off on M City Update

About the Author:

Amit Kalia
Amit is a full time local REALTOR® since 2003. Currently he is with RE/MAX Real Estate Brokerage Inc. in Mississauga. RE/MAX is Canada's #1 real estate company. He is supported by a very strong Sales and Marketing team. Together with his team, Amit has been serving property sellers, first time buyers, real estate investors, landlords, renters, new immigrants to Canada and non-residents. Amit and his team specialize in Square One condos and also work in many other Mississauga neighbourhoods. Team Amit Kalia offers a 30 Days Sold Guarantee to Sellers. Amit's team also provides exclusive A La Carte property management services for their investor clients and landlords.