Above Condos in Mississauga
About Above Condos in Mississauga
Introducing Above Condos, an exciting new development located directly on the upcoming Light Rail Transit Line coming soon to Mississauga. Positioned at the corner of Hurontario St & Bristol Rd, residents at Above will find themselves surrounded with a fantastic assortment of amenities including: Highways 403, 401 & 410, Heartland Town Centre, Square One Shopping Centre, MiWay Transit and so much more.
Above Condos in Mississauga Location
Mississauga is the place to invest in as the city’s population is set to reach nearly 1 Million people over the next 30 years, which in turn, will drive up the demand for housing, raise real estate values, and increase rental rates. As the closest suburb to Toronto, it was only a matter of time for Mississauga to become the next best city to live, work, and play in.
Above Condos Highlights
– Bristol Station is adjacent to Above Condos
– Future Hurontario LRT – 18km Line, 19 stops
– Connect to GO Transit, the Mississauga Transitway, Brampton Transit, ZUM and MiWay
– 1-min walk away from street transit stop
– 1-min walk to Hurontario St. At Bristol Rd. Bus Station, as well as Sandalwood Square Shopping Mall
– 10-min walk to Frank McKechnie Community Centre
– 5-min drive to HWY 403
– 7-min drive to Square One Shopping Centre
– 14-min drive to to HWY 401
– 16-min drive to Lakeshore Port Credit
– 20-min drive to UofT Mississauga, Erindale Park and Golf Courses
– 6-min bike ride to Indian Summer Trail Park and also Hawthorne Valley Park
– 20-min drive to UofT Mississauga, Erindale Park and Golf Courses
– 16-min bike ride to to Square One GO Station
– 15-min ride to Toronto Pearson International Airport
– 35-min ride to Downtown Toronto
About the Developer
Marlin Spring is a fully integrated real estate company that strategically acquires, develops, constructs and repositions assets throughout North America.
Marlin Spring is a multi-faceted, diversified real estate company comprised of two fundamental ventures — the development of new real estate across Ontario in the low, mid and high-rise sectors and the acquisition of multi-family rental properties throughout North America.
Since 1993, RioCan has developed communities while adhering to our guiding philosophies of integrity, candor, and responsiveness. We firmly believe that there is a home for every tenant, whether retail or residential, and that we succeed when they do. We build properties and partnerships for the long-term, with an eye to the future and a dedication to safety, ethics and community stewardship.
Above Condos in Mississauga FAQs
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.