by Camrost Felcorp
Register Now for VIP Platinum access
Exchange District is coming soon to Mississauga. The development is packed with amenities like new retail, office, shopping, dining, a boutique hotel, parks & public spaces all bundled into this mix-used community. The location is also top-notch, just steps from Square One, Sheridan College, Celebration Square, MiWay Transit, Highways & the upcoming Hurontario LRT
A CITY UNTO ITSELF
A CITY UNTO ITSELF
Developer: Camrost Felcorp.
Address: 151 City Centre Drive, Mississauga
Occupancy: Anticipated For 2023
Number of Units: 2,000
Suite Types: One Bedroom – Three Bedroom Suites
Maintenance Fees: TBA
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer and Dryer & More
Building Amenities: Barbeques, Concierge, Garden, Guest Suites, Business Center, Function Room,
Gym, Meeting Rooms, Rooftop Deck, Theatre Room, Visitor Parking, Party Room, Sauna, Security.
Frequently Asked Questions about The Exchange District
How do I reserve a unit in this project?
The first step is to register for Platinum access. Once the project is launched we’ll be in-touch straight away with an email that will have everything you need from the floorplans to the price list. Once you’ve had an opportunity to review and you know which unit(s) you’re interested in, get in touch and we’ll provide you with the worksheet and be here every step of the way to your new purchase.
What does Platinum Access mean?
It’s more about the agent than the buyer really. Anyone can get platinum access though 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.
Milan Swanston is a top-selling pre-construction broker that holds platinum status with most of Toronto's best residential developers!
How does it benefit me as a buyer to work with CondoSavvy?
Working with CondoSavvy as your platinum brokerage means you get the highest level of access at the lowest possible price. You also get access to the best possible incentives, as well as incentives exclusive to CondoSavvy clients only.
CondoSavvy doesn’t represent the builder. CondoSavvy represents you! You benefit from the team's experience as platinum agents and investors themselves.
CondoSavvy also has a network of mortgage brokers, lawyers, property managers, contractors and HST rebate services to help get you started.
As a buyer, all our services are totally FREE!
How long is the cooling off period? What is the cooling off period for?
Once you sign the contract to purchase your new unit you will have a standard 10 calendar day period (not business days) from the time you sign. This is known as the cooling off period. This period is typically used to have a lawyer look over your agreement (if you so choose) and to get a pre-approval letter for your mortgage.
Do I Need a Lawyer?
You don’t need a lawyer at the moment you sign the agreement, however we recommend you have a qualified lawyer review your agreement of purchase and sale after you sign during your 10-day cooling off period.
If you’re not sure where to get a lawyer that’s qualified - we can help!
Do I need 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 singing.
Getting a mortgage pre-approval is something we can help with too! Get in touch!
Does the price include HST?
If you’re 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.
What are the closing costs on my new condo?
Closing costs on a pre-construction condo varies greatly depending on the actual purchase price of the unit, the builder and even the city you’re buying in.
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.
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are absolutely no hidden fees when buying a pre-construction condos. All fees must be disclosed in the agreement of purchase and sale. All purchases 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 we can absolutely suggest a number of expert law firms that specialize in Real Estate.
Is it possible to assign my new condo?
Most builders do allow you to sell your unit before the building is complete. This process is called selling by “assignment”. There is usually an assignment fee and a legal fee associated with this kind of sale. Costs can range from $1000 - $7000, depending on the situation. Get in touch for details!