After the successful launch and sale of the first 200 units at Edge Towers in Mississauga, Solmar Developments is now releasing the remaining 93 suites. This first release of the 30 new suite designs are on the 27th to 37th floor and the podium levels, and also include some terrace, oversized balcony, and Penthouse suites.
Benny Marotta, president of Solmar Developments, says, “We designed Edge Towers from the inside out. It was the design of the floor plans that determined the shape and size of the building. It has been our experience that condo buyers want an efficient interior plan and an elegant building design.”
And Edge Towers is certainly elegant with its art deco style. It is the first of three luxury condominium residences and was designed by Industry leading Architect, Roy Varacalli, of Cusimano Architects.
Edge Towers is located just steps south of Burnamthorpe and Hurontario, and Square One shopping centre, and will be a future Mississauga landmark that will be visible from downtown Toronto. The future Light Rapid Transit (LRT) is also just steps away from Edge Towers.
The 20 km LRT will run along Hurontario and connect Cooksville, Port Credit, Mississauga, and Brampton with both the Milton and Lakeshore West GO Train lines, as well as local links to MiWay, Brampton Transit, and Zum.
Scott Davie, of Davie Real Estate, the Listing Brokerage selling Edge Towers, says, “Convenient access to public transit is a key determining factor that savvy buyers look for in a new condominium.”
“With new condo prices rising to $1,000 to $1,400 per square foot in downtown Toronto, many buyers see the value in purchasing a two-bedroom or two-bedroom plus den condo in a prime Mississauga location for the price of a small downtown Toronto one-bedroom unit.”
Davie adds that, “two-bedroom condos are known to have a better return on investment and attract a higher earning, more established Tenant than one bedroom condos do.” This first release of 30 new floor plans at Edge Towers includes suites from 484 to over 1,300 square feet with a great selection of two-bedroom and two-bedroom plus den suite designs.
Benny Marotta believes that the comfortable sized, efficient floor plan designs and the better quality finishes and workmanship that Solmar is known for, will attract a higher percentage of end users to Edge Towers.
“People will be happier and will make more money in a building with more end users since there will be more pride of ownership from owners rather than tenants,” Marotta says, “and less competition when selling, since buildings with higher numbers of end users tend to have a lower turnover rates.”
“The higher quality of finishes and workmanship will also command a higher rent for investors; so everyone wins.”
Visit the Presentation Centre, located at 24 Elm Drive West in Mississauga. Along with the 30 new floor plan designs, there is a Designer decorated model suite to view. The Presentation Centre is open from 11 a.m. to 5 p.m. Monday to Thursday, and from noon to 7 p.m. weekends; closed Fridays.
Source: Condo Life