Why you Need a Mississauga Condo Realtor

Why you Need a Mississauga Condo Realtor

If you’re looking to buy real estate in Mississauga, there are plenty of options available. Condos are becoming the preeminent housing segment given their relative affordability. In the last 10 years, Mississauga has undergone a dramatic change with the explosion of new condo developments that have created a strong real estate market. While buying a new construction condo seems straightforward, find out how a Mississauga condo realtor can help you through the process.

Advantages of Condo Living

More people than ever are living in condos and builders keep building them. According to Statistics Canada, 1.9 million Canadian households live in condos. One third of new homes built in Canada between 2011 and 2016 were condos.

Owning a condo is a cross between owning an apartment and owning a home. What makes condos different from freehold houses is that you own your unit, but you also share ownership of the land, building and common areas. You share costs with fellow members of your condo association and the board of directors or a property management company make the big decisions.

There are many benefits to condo living, including:

  • Less maintenance. Someone else handles the outside work like gardening and shoveling the snow in the winter. Monthly condo fees cover these services.
  • Amenities. Condos offer gyms, pools and recreation rooms for social activities.
  • Location. If you’re craving a prime spot in a major city — condos may be the only practical option. What you lose in space and higher condo fees, you gain with easy access to work, dining, activities, public transportation and other amenities.
  • Security. Condos offer greater security than a free hold home or renting. For one thing, people are more likely to take better care of property they own, and some buildings offer a secure entrance or a doorman. You might feel safer with neighbours on either side, or worry less if you frequently travel.

Reasons to Use a Realtor

Mississauga is a great city to invest and live in. Buying a brand new home or condo has never been so accessible or appealing for homebuyers. With so many new condo developments in Mississauga, it’s important to have a realtor on your side even if the process seems straightforward. Here’s why:

  • Connect you to a reputable builder – A Mississauga condo realtor will help you find a builder you can trust which will save you from headaches down the road.
  • Stand behind you – The timeline for purchasing new construction is typically quite a bit longer than buying an existing home. From the first time you visit the sales center, to choosing your layout, construction, inspections, and finally closing, there are ample opportunities for things to go sideways — think construction delays, permit issues, and financing concerns. A condo realtor with experience in these areas will help you navigate sticky situations.
  • Negotiate – Realtors know the areas where you will find the most wiggle room when it comes to negotiating. Builders often try to keep their sales price up so that the next buyers through the door see the higher closing price.

With a Mississauga condo realtor by your side, you’ll rest easy knowing someone is there to protect your money, your time, and your new home.

Sushma Khinvasara is an accomplished real estate agent with extensive experience successfully navigating the market in the GTA. Regardless of whether this is your first purchase or if you are an experienced real estate investor, Sushma’s extensive knowledge of the local real estate market can help you successfully navigate the buying and selling of investment properties in the GTA.

Discover the excellent investment opportunities available in prime locations such as condos in Mississauga. Contact Sushma Kinvasara today. 

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