Property Description

Brand New PreConstruction Detached homes In Mississauga, ON
Coming soon to
320 Derry Road West
Starting prices from $1,829,990

The Ravine is a new single family home development currently in preconstruction at 320 Derry Road West, Mississauga. The Ravine has a total of 37 units. Sizes start at 1900 square feet and range up to 4000 square feet. LAST CHANCE TO OWN BRAND NEW HOMES IN MISSISSAUGA

Situated along the winding Fletcher’s Creek in Mississauga, The Ravine is nestled within the established Meadowvale Village neighbourhood. A rare collection of 37 detached estate homes backing onto the ravine will create an exclusive enclave community close to excellent schools, modern conveniences, nature and major highways.

These impressive 3-storey estates feature classic, timeless and rich architectural details with design-forward and stunning interior finishes. The perfect backdrop for entertaining family and friends, celebrating special occasions and everyday living.

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AMENITIES

The Ravine Estates offers up to five-bedroom detached homes and up to 4,000 square feet on luxury ravine lots. Featuring classic and elegant architecture with brick and stone detailing, high pitch and mansard roof lines with gables and dormers.

These luxury homes are designed with flexibility in mind for all modern family lifestyles – featuring separate entrances, 2-car garages, private living spaces and large open concept areas for entertaining. Design-forward interiors include soaring ten-foot ceilings, hardwood flooring, European inspired modern kitchens with servery, spacious bedrooms and spa-like ensuites with impeccable finishes.

• Nestled within the established Meadowvale Village neighbourhood
• Backing onto the ravine
• Many nearby public transportation options
• Surrounded by shopping and dining
• Close to schools
• Nearby parks include Neebin Park, Mississauga, ON and Meadowvale Conservation Area

A RARE ENCLAVE OF NEW PRE CONSTRUCTION DETACHED HOMES IN MISSISSAUGA CONNECTED TO IT ALL

The Preconstruction project with an opportunity to buy  brand new detached homes in Mississauga is known as  Ravine and  is ideally situated along the winding Fletcher’s Creek in Mississauga. This location is the perfect mix of urban conveniences and the serenity of nature. Read on to learn more about the top 6 amenities that are only 5 minutes or less away from The Ravine community

See all of the surrounding amenities and educate your clients and promote The Ravine with the latest renderings and assets

Heartland Town Centre

• Heartland Town Centre, Mississauga  occupies 2,200,000 square feet of space and has 180 stores. It is one of Canada’s largest malls.

Connected to Transit

• Convenient access to increased transit service connecting you to the City of Mississauga, York Region and the City of Toronto

1 MINUTE – ZUM BUS | 5 MINUTES – MEADOWVALE GO

Meadowvale Conservation Area

• The park has idyllic picnic spots, with barbecues open fields for games, and plenty of wildlife Hike along trails, with access to the Glassford Trail and stop by the remnants of early pioneers

Sheridan College & Davis Campus

• Founded in 1967, The Davis campus is Sheridan’s largest campus. An exciting, multicultural hub it houses applied health, community services engineering and technology programs.

Local Golf Courses

• Derrydale and Braeben Golf Course offers beautifully maintained greens and a variety of different courses for all experience levels as well as private lessons and all-day dining

1 MINUTE – DERRYDALE | 5 MINUTES- BRAEBEN

Easy Highway Access

• Located between highways 401, 403, 407 & 410, giving you quick and easy access to various parts of the GTA and beyond

Register Now to get access to the VIP Prices and Floor Plans of  Exclusive Low maintenance Fee for these Luxury Detached homes in Mississauga, ON. Please click here and fill out the form and we will send you more info as soon as possible.

Is this Not the right location, city and type of house you are looking for? No problem, We may certainly find your dream home: Click here and fill out the “My Dream Home search in Mississauga ” form and we will get back to you with relevant information.

We strongly recommend you as the buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home/ Condo sales centre. We as builder’s preferred agents get paid a small fee by the builders BUT our services are absolutely free for you. While on the other hand if you go directly – the sales staff at builder sales centre is looking after the interest of builder – NOT you and they do not disclose many points those may not be in your best interest.  We as your agents will guide you through the selection and the purchase process and negotiate with the builder on your behalf, we will also recommend and introduce you to the top professionals such as lawyers and mortgage agents, Banks.

We are Independent Realtors, part of RE/MAX Realty Specialists inc., Brokerage. We do not represent the builder, we represent you! We gain first VIP Access, Pricing & Incentives to many pre-construction developments throughout the GTA. This offer is not available to Buyers currently working with a Realtor and is not intended to solicit buyers currently under contract.

All renderings, incentives, pricing are subject to terms & conditions and may change at any time without notice – see sales representatives for more details.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

FAQs

How do I reserve a unit or lot in this project?

Click on “Request Information” – Fill out the form and send us, We will send you more details so that you may select the suites or Lots you are interested in.

What does it mean that RE/MAX Team Paliwal -Gyanesh Paliwal 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.

How does it benefit me as a buyer to work with RE/MAX Team Paliwal as my Platinum Agent?

Working with us as your Platinum agents give you several benefits

1. You get the highest level of access in the building or in the new home project.
2. You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
3. The best possible incentives and terms.
4. We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being a top selling pre-construction agents and investors since 2007.
5. Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
6. Our 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 BUT only in case of high rise Condo units or Condo-Townhomes NOT when you buy Free Hold homes. 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, we 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 when you buy a Condo unit.

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 30 to 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that we may help you with. Contact us 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 no HST 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 later on, we may help you and guide you as to how you can apply to the CRA immediately to get this money back. It usually takes about 1 to 3 month to get your rebate back.

What are my closing costs on a pre-construction condo or house?

Closing costs on a pre-construction condo or house will always be much higher than buying similar property under resale or existing ones. The closing cost of a brand new house or Condo will depend on the actual purchase price of the unit/house you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit/house 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 or house.

Contact RE/MAX Team Paliwal  for more details

Are there any ‘hidden’ costs when buying a pre-construction condo unit or home in Greater Toronto, Canada?

No, there are no hidden fees when buying pre-construction condos or houses because all fees must be disclosed in the agreement of purchase and sale. All purchasers must 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 or house? How much is the assignment fee?

Most condo or house builders do allow you to sell your unit/lot or house before its occupancy by you. This process is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs may range from $1000-10,000. Contact us for more details.

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