New Condominium Development M5 City Condos
New Condominium Development M5 City Condos
Coming soon to
Grand Park Drive & Burnhamthorpe Road West, Mississauga, ON
|ADDRESS||Grand Park Drive & Burnhamthorpe Road West, Mississauga, ON|
|BEDS||1 – 4 Bedrooms|
|C.C / Maint:||$0.64 Per SqFt per Month|
|DEPOSIT||$5,000 bank draft |
Balance of 5% in 30 days
5% in 180 days
5% in 370 days
5% in 540 days
|SUITE SIZE RANGE||464 – 899 SqFt|
M5 Condos is a new condo development currently in preconstruction at Burnhamthorpe Road West, Mississauga. Sales for available units start from the Mid $600’s. Sizes range from 464 – 899 SqFt. The development is scheduled for completion in 2026. Available units range in price from the low $600,000’s to the low $1,000,000’s. M5 Condos unit sizes range from 464 to 899 square feet.
The understated design of M5 exudes an air of quiet confidence. The tower’s crisp linear silhouette is a combination of two staggered vertical volumes. With a geometry of black and white forms creating a grid-like pattern, M5 makes a simple yet elegant statement. The clean lines and dark masonry of the podium complement its restrained architectural character and work in unison to give M5 its unique voice within the overall community.
M5 Condos will rise an incredible 67-storeys and will sit on an 8-storey podium that will hold space for the amenities and commercial space. The floor plans include one to three-bedroom units that will range from 464 – 899 SqFt.
The interiors will take on modern elements including open-concept layouts, floor to ceiling height of approx. 9 feet, smooth ceiling finish, prefinished vinyl flooring in all living areas and bedrooms, from designer’s curated selections, custom-designed suite entry doors with contemporary hardware and smart door lock integrated with Rogers Smart Community.
The kitchens will feature modern Cecconi Simone custom-designed kitchen cabinetry with undercabinet lighting, quartz countertop with square edge profile and tile backsplash, under-mount stainless steel sink and single lever chrome faucet with pull-down spray head and stainless steel appliances. The bathrooms will have Cecconi Simone custom-designed vanity and medicine cabinet with mirror and under-cabinet lighting, quartz countertop with square edge profile, frameless glass shower enclosure and full-height wall tile for separate showers as per plans, rectangular-design white acrylic soaker tub with full-height tile tub surround as per plans.
M City has partnered with Rogers to develop one of the most technologically advanced condominiums in Canada. Every suite will be connected to Rogers Smart Community to ensure safety and convenience. Every resident will have access to a smart-phone-centric living experience which includes hands-free digital building access, video guest verification, facial recognition, high-speed internet access and more! Each resident will have the ability to download the Rogers Smart Community app that allows you to smart lock integration, turn on your smart thermostat, smartphone video calling, amenity booking and much more.
M City master-planned community will offer something for everyone with 15-acres, 9 towers, 4.3 million square feet of space, expansive green space and 2-acres of parkland – This complex is sure to be a community of its own. Residing near the vibrant streets of Mississauga’s City Centre, future residents will find many local amenities just a short walk away.
LOCATION & NEIGHBORHOOD
M5 Condos will be just a 9-minute walk to Square One Shopping Centre, a major lifestyle destination, with over 360 shops and services including a newly renovated food court and a luxury wing that features many designer brands. The Shopping Centre’s complex includes a mix of restaurants from casual to high end as well as a mix of entertainment complexes including Cineplex Cinemas, Playdium and Mississauga’s Celebration Square.
With all of these incredible local amenities nearby, it’s no wonder that this area scores a 76 out of 100. This means that this neighbourhood is highly walkable and many residents can accomplish most of their errands on foot. This Walk Score is largely due to the many big box stores nearby including Walmart, LCBO, Whole Foods, Real Canadian Superstore, Shoppers Drug Mart and Home Depot.
Another great benefit of this area is the number of schools close by. Sheridan College is a quick 9-minute walk away and the University of Toronto – Mississauga Campus is a convenient 10-minute drive away, making this development ideal for families and post-secondary students.
Square One Shopping Centre also serves as the city’s main transit hub with many of the local MiWay buses and GO Buses running through it. Additionally, this area is also enhancing its public transit services with the Hurontario LRT expected to be completed in 2024. This transit system will extend 18 kilometres between Mississauga and Brampton.
This corridor will extend north and south in Mississauga from Port Credit GO Station to Brampton Gateway Terminal, passing through Square One’s City Centre. It will also extend east and west along with Brampton, totalling 19 stops along this corridor. This LRT, once completed, will not only provide quick, reliable and more convenient transit but will also increase the value of properties that lie near the corridor.
Register Now to get access to the VIP Prices and Floor Plans of Exclusive Low maintenance Fee for these Townhomes in Toronto, ON. Please click here and fill out the form and we will send you more info you 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.
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
- You get the highest level of access in the building or in the new home project.
- You pay the lowest possible price for the unit or new home (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives and terms.
- We the agents at RE/MAX Team Paliwal do not represent the builder. We represent you. You benefit from our expertise of being top-selling pre-construction agents and investors since 2007.
- Access to our personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- 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.