About Mississauga's Mississauga

While most of us took a break on 1st Jan but I was busy somewhere else serving one of my client !

What a good start it can be on the first day ! I had a Home Inspection at Derry Rd and Mavis Rd in Mississauga.

Just sold a detached home two days ago in a new neighborhood, close to Sobey's, 407, 401, 410 and heartland.

The prices of homes under 2400 sq foot are going around $580000 !

The inventory of homes for sales in this area is low but there will be somethingnew coming up in next four months times.

Are you thinking of moving to this area ! Just give me call to know more about this location !

Have a Wonderful Happy New Year !

Couple of months ago, Toronto Real Estate Board brought a big change in mls search. Earlier It used to be disctrict wise search but that is no longer available. Thought all the Realtors still find the the older way much easier but the board feels its more professional and better to serve communities wise.

Here is a quick glance at Communities in Mississauga:
(So if you are searching for a home in Mississauga, you may have to key in these words!)

Airport Corporate
Applewood
Central Erin Mills
Churchill Meadows
City Centre
Clarkson
Cooksville
Creditview
Dixie
East Credit
Erin Mills
Erindale
Fairview
Gateway
Hurontario
Lakeview
Lisgar
Lorne Park
Malton
Mavis-Erindale
Meadowvale
Meadowvale Business Park
Meadowvale Village
Mineola
Mississauga Valleys
Northeast
Port Credit

Rathwood
Sheridan
SheridanPark
Southdown
Streetsville
WesternBusinessPark

If you are looking to move in to any of these area, please fel free to call anytime or visit my wbsite http://www.greatgtahomes.com

550 Wellington West

Call Today and book your next condo with me.

Sq footage - 2723 sq foot

Price - $1245000

Deposite Structure.

$2,000 on signing; 5% in 30 days; 5% in 60 days; 5% in 90 days; 5% upon closing

Call for more info.

P.S.

The most important factor in purchasing an investment condo used to be how significant the monthly surplus of cash flow was. In other words, the difference between your monthly carrying costs (mortgage, condo fees and property taxes) and the rent you were receiving. Today this difference is still important but almost always works out to a negative number. Therefore, today, the most significant factor when looking at an investment condo is the appreciation factor.

The first rule of thumb is that the safest place to invest in a condo is in the downtown core. If you're renting to just one person your goal is to find the cheapest unit available in the best location and building possible. The reason for this is that, despite small variances in purchase price due to age, finishes and amenities, the difference in rent can be zilch. There are units that will sell for $200,000 and those that will sell for $250,000 but yield the same rent.

Lovely Mississauga Condo's

Available At Affordable Prices!!!

Weekly Best Buys

1 & 2 Bedrooms Available

1 Bedroom starting from $162,000

2 Bedrooms starting from $190,000

Condo Features

• Ensuite Washer & Dryer
• Dishwasher, Fridge & Stove
• Underground Parking
• Visitors Parking
• Gym

For More Information Call 416-356-6305

*Ask about specific pricing & information

Independently owned & operated
Not intended to solicit clients currently under contract

Strong Condo Sales Growth in Q3 2011

Greater Toronto REALTORS® reported 5,770 condominium apartment transactions through the TorontoMLS® system in the third quarter of 2011, representing a 24 per cent increase over the same period in 2010. The average selling price increased by almost nine per cent to $333,352.

"Condominium apartments have accounted for about one-quarter of total existing home sales in the GTA this year. This share is expected to increase moving forward, as new home sales and construction has become increasingly driven by high-rise construction," said Toronto Real Estate Board President Richard Silver.

In line with new home sales and construction trends over the last few years, condominium apartment completions have been high so far in 2011. When condo projects reach the completion stage, investors and end users whose housing needs have changed often list their units for sale or rent.

"The average annual rate of price growth remained strong in the third quarter, despite the upward trend in completions and active listings. This is because the pace of sales remained brisk, keeping sellers' market conditions in place.

Read more at:

http://communications3.torontomls.net/statistics/condoreport/2011/condo_report_Q3-2011.pdf