From $529,900 - $1,073,900
Investing in The Kith Condominiums offers a compelling opportunity with a range of strategic advantages. Here's a detailed overview of the key factors that make it an attractive investment:
Overall, The Kith Condominiums offer a well-rounded investment opportunity, combining strategic location, community engagement, robust amenities, and the reputation of a trusted developer. The diverse unit options and Platinum Access status further enhance its appeal to potential investors.
The strategic advantages of the location at Erin Mills Parkway and Eglinton Avenue West in Mississauga, where The Kith Condominiums are situated, may include:
Convenient Access to Essential Services:
The location is in close proximity to essential services, such as Credit Valley Hospital and Erin Mills Town Centre. This provides residents with easy access to healthcare facilities and shopping options for their daily needs.
Major Highways:
The condominium is conveniently located just a 4-minute drive from Highway 403. This allows for quick and efficient travel by car, connecting residents to major highways and facilitating commuting to various destinations in the Greater Toronto Area.
Educational Institutions:
The proximity to major roads and highways may make it convenient for residents associated with educational institutions. The presence of the prestigious University of Toronto nearby adds to the appeal for students, academics, and professionals connected to the university.
Nature and Recreation:
The location's close proximity to Sawmill Valley Trail, just a 6-minute drive away, offers residents opportunities for outdoor activities, scenic walks, and hiking, contributing to a recreational aspect of the neighborhood.
Variety of Amenities:
With over 12,000 sq. ft. of indoor and outdoor amenities within The Kith Condominiums, residents have a diverse range of spaces to enjoy within the development itself.
Community Engagement:
The emphasis on community engagement and shared events within the development can contribute to a vibrant and supportive living environment, fostering connections among residents.
Transportation Accessibility:
Being a 4-minute drive from Highway 403 and with a 2-minute walk to both Credit Valley Hospital and Erin Mills Town Centre, the location offers convenient transportation options for residents, whether by car or public transit.
Nearby Neighborhoods:
The condominium is within a 5-minute drive to the charming Streetsville neighborhood, known for its picturesque streets and unique shops, adding to the variety of experiences for residents.
The Kith Condominiums, developed by The Daniels Corporation, are a pre-construction residential development situated at Erin Mills Parkway and Eglinton Avenue West in Mississauga. This project offers a total of 316 suites spread across 15 storeys, with a diverse range of suite types and sizes, catering to different preferences and lifestyles.
Key Features:
Developer: The project is developed by The Daniels Corporation, a highly reputable and trusted developer with a proven track record in the real estate industry. Known for their commitment to quality and innovation, Daniels has successfully delivered numerous residential projects.
Location: The Kith Condominiums are strategically located at Erin Mills Parkway and Eglinton Avenue West in Mississauga. This prime location provides residents with easy access to essential services, shopping centers, major highways, and public transportation, enhancing overall convenience.
Suite Types and Sizes:
The development offers a variety of suite types, ranging from studios to 2 bedrooms, accommodating a diverse range of living arrangements.
Suite sizes span from 417 to 1017 square feet, providing options for individuals, couples, and families with varying spatial needs.
Platinum Access Selling Status:
The Kith Condominiums are in the Platinum Access selling status, offering an exclusive opportunity for early access to secure desired units.
This status allows potential buyers and investors to take advantage of pre-construction pricing, ensuring a unique opportunity to invest in the project before general market availability.
Launch Date:
The development is slated for a 2023 launch, marking the official introduction of The Kith Condominiums to the market.
The launch date signifies the commencement of sales and the availability of units for interested buyers.
In summary, The Kith Condominiums by The Daniels Corporation represent a carefully planned and well-designed residential development in Mississauga. With a range of suite types, sizes, and the exclusive Platinum Access selling status, this project offers a promising opportunity for individuals seeking a modern and conveniently located living space. The anticipated launch in 2023 adds excitement to the prospect of securing a unit in this new and vibrant community.
The transportation options around Erin Mills Parkway and Eglinton Avenue West in Mississauga, where The Kith Condominiums are located, may include:
Road Access:
Highway 403: The condominium is conveniently situated just a 4-minute drive from Highway 403. This major highway provides seamless access to other major routes in the Greater Toronto Area, making it convenient for residents who commute by car.
Public Transit:
Bus Services: The area is likely to be served by local bus services, providing additional public transit options for residents. The availability of bus stops in the vicinity can enhance local connectivity.
Proximity to Transit Hubs:
Erin Mills Transitway Station: While specific details about nearby transit hubs are not provided, the strategic location suggests that residents may have convenient access to transit options. Erin Mills Transitway Station could be a relevant transit hub in the vicinity.
Walkability:
Pedestrian-Friendly Environment: The central location and proximity to amenities may contribute to a pedestrian-friendly environment. Residents may find that many daily errands can be accomplished on foot, enhancing the overall walkability of the neighborhood.
Cycling Infrastructure:
Bike-Friendly Areas: Depending on the development plans and municipal initiatives, there might be dedicated bike lanes or bike-friendly infrastructure in the area. This could offer eco-friendly transportation options for residents who prefer cycling.
Future Transportation Developments:
Potential Transit Improvements: Considering the dynamic nature of urban development, it's advisable to check for any planned or upcoming transit improvements in the area. Municipal projects or expansions to existing transit services could enhance transportation options.
Car-Share Services:
Car-Share Programs: The central location may attract car-share services, providing residents with additional transportation options for short-distance travel.
Number of Storeys 15
Total Number of Suites 316
Suites Starting Floor 2
Floor Plans 32
Suite Size Range 417 - 963 sq ft
Price per SQFT $1,003
Parking Price $49,000
The payment schedule for The Kith Condominiums is designed to facilitate a convenient and phased payment structure for purchasers. Here is a breakdown of the payment plan:
$10,000 Upon Signing:
An initial payment of $10,000 is required upon signing the purchase agreement. This initial deposit secures your commitment to the condominium unit.
Balance to 5% in 30 Days:
Within 30 days of signing the purchase agreement, the purchaser is required to make additional payments to reach a total of 5% of the purchase price. This payment is typically calculated based on the total cost of the condominium unit.
5% Deposit in 250 Days:
Approximately 250 days (or 8 months) from the date of signing the agreement, another installment of 5% of the purchase price is due. This phased payment approach allows buyers to plan and manage their finances over the course of the construction period.
5% on Occupancy:
The final installment of 5% of the purchase price is due upon occupancy. Occupancy typically occurs when construction is completed, and the unit is ready for residents to move in. This payment marks the completion of the deposit structure.
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