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Edge Towers 2 Condos

Edge Towers 2 Condos is a new condo in Mississauga by Solmar Developments currently in phase 2 at 26 Elm Drive in Mississauga, ON.

Edge Towers 2 Condos Exterior Building Rendering True Condos

About Edge Towers 2 Condos

Rediscover the advantage of superior quality and workmanship that Solmar home and condominium owners have experienced for over 25 years with Edge Towers Condos.

Edge Towers is designed by Roy Varacalli of Cusimano Architects. Strategically located near Hurontario and Burnamthorp, just steps to the new LRT, Square One Shopping Centre, Sheridan College, and the Living Arts Centre.

Edge Towers Condos is a 3 building community of over 1200 condominium residences that includes the convenience of retail space, a daycare, and an exciting new community green space.

The first phase of 293 units will set a new standard in elegant living in Mississauga’s prime downtown neighbourhood.

Edge Tower 2 Condos Details

Developer Solmar Development Corp.
Address 26 Elm Drive, Mississauga
Neighbourhood Mississauga
Number of Storeys TBA
Number of Units TBA
Occupancy Date January 2022
Maintenance Fees $0.43 per sq ft
Priced From Mid $400,000s

Edge Towers 2 Location

Edge Towers 2 will be located at the corner of Elm Drive West and Hurontario Street at 26 Elm Drive West in Mississauga, ON.

You will be able to get on the Highway 403 in less than 5 minutes and QEW in less than 10 minutes.

Edge Towers 2 Condos sets a standard in elegant living in Mississauga’s prime downtown neighbourhood walking distance to the future Hurontario LRT.

STAY CONNECTED AT EDGE TOWERS
Live life at Edge Towers and be connected to it all with easy access to both public transit and all the major highways – 401, 403, 407, 410, and the QEW. The future Hurontario LRT is only steps away from home, and will bring 20km of modern, rapid transit to the city – from the beautiful Port Credit area all the way up to the Gateway Terminal in Brampton. This new light rail line will join an already outstanding system with connections to two GO Transit lines, Mississauga’s MiWay bus routes and Brampton’s Züm lines.

This makes Edge Towers just steps away from connections to Union Station and Pearson Airport, while still being within walking distance to Square One Shopping Centre. With the endless biking and walking trails that surround you, your life will never be short of an adventure when you live at the Edge.

26 Elm Drive

Very Walkable

Explore Mississauga on Walk Score

Edge Towers 2 Amenities

THE LOBBY & THE GALLERIA with 24-hr Concierge
Enjoy the luxuries of clean, white marble floors that reflect the gorgeous lighting of the statement chandelier and natural light pouring through the large windows. At Edge Towers, chic and comfortable seating areas to await your guests surround the welcoming front desk, with high-class accents encased between large Romanesque pillars. Decorated with unique art deco inspired pieces, the Lobby is a grand and elegant space.

Take a seat and enjoy the picturesque views of Mississauga in the glass-enclosed galleria. Take advantage of the cool elements of the granite accent wall complete with a warm and welcoming fireplace. The white marble floors throughout create a cohesive theme in the building and mirror the contemporary lighting and décor fixtures.

EDGE FIT
The Edge Towers fitness room is equipped with state-of-the-art machines and equipment that emulate the feeling of working out at a gym – without having to leave the comfort of your home. A neutral colour palette throughout the hardwood floors and walls, mixed with the endless amounts of natural light pouring through the large windows will motivate you. Open concept, large mirrors and TV screens will elevate your workout routine.

WI-FI LOUNGE, GAMES ROOM & THEATRE ROOM
Unwind and relax in the wi-fi lounge – a secluded area furnished with large and comfortable chairs, decorated with textural accents and soft lighting, and complete with unlimited wi-fi internet. Floor to ceiling windows at Edge Towers allow for an open concept flow, while unobtrusive design elements offer a sociable place perfect for intimate meetings and gatherings, a game of pool, or a work or study space.

PARTY ROOM & ROOFTOP TERRACE
Mesmerize your guests in the glamorous and breathtaking Edge Towers party room, complete with a bar and abundant seating areas overlooking the Edge of the city. Furnished and decorated with lavish interiors and premium hardwood flooring, your guests will feel enchanted under the modern light fixtures – or walk out onto the 4th floor rooftop terrace and enjoy the night under the stars above.

Edge Towers 2 Condos Lounge True Condos
Edge Towers 2 Condos Party Room Billiards True Condos
Edge Towers Condos Lobby and Galleria True condos

About the Developer

SOLMAR DEVELOPMENTS
For over 29 years, Solmar has led the way in building exquisite single family and condominium communities as well as exceptional commercial properties in prime locations across the Greater Toronto Area.

Distinguished by timeless elegance, sophisticated interior designs and meticulous attention to detail, every Solmar community is a dedication to quality living. Our residential communities are rich in character and personality, imbued with old world values and new age efficiencies. Classic in appeal, yet modern in outlook, a Solmar community is a benchmark of quality that exceeds expectations.

Solmar Development Group True Condos

Edge Towers 2 Condos Frequently Asked Questions

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

  1. You get the highest level of access in the building
  2. You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives
  4. 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.
  5. Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. 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:

https://truecondos.com/tag/hst-rebates/

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:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

 

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.

(416) 371-2333

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