M6 Condos: A New Era of Urban Elegance in Mississauga
Jonny Phun · September 24, 2023
Mississauga, once a quiet suburb of Toronto, has transformed into a bustling urban centre in its own right.
With its strategic location, burgeoning amenities, and rapidly growing population, it's no surprise that real estate developers are keenly eyeing this city.
One of the most awaited projects that have caught the attention of both investors and homebuyers alike is the M6 Condos, a fresh addition to the award-winning M City Community.
Prime Location: The Heart of Convenience
Downtown Mississauga:
M6 Condos is nestled right in the epicentre of Mississauga's vibrant downtown.
Proximity to Toronto:
A mere 30-minute drive separates residents from the bustling streets of downtown Toronto.
Educational Institutions:
The University of Toronto's Mississauga campus is just a 20-minute bus ride away, making it a prime location for students and faculty.
Additionally, Sheridan College's Hazel McCallion Campus is a comfortable 15-minute walk, ensuring that education is always within reach.
Transportation:
The condo's location offers unparalleled access to major highways such as the 403, 401, and QEW.
Public transit users will benefit from the proximity to Go Transit, Erindale Go Station, Cooksville Go Station, Mississauga Transit, Zum, and the soon-to-be-completed Hazel McCallion LRT.
Pearson Airport's close location is a boon for international travellers and business professionals.
M6 Condos: A Glimpse into the Future
Developed by the esteemed Rogers Real Estate and Urban Capital, M6 Condos promises to redefine the skyline of Mississauga.
This architectural marvel, standing tall with 57 storeys and housing approximately 830 suites, is set against the backdrop of a 6-storey podium.
With a projected occupancy by early 2029, anticipation is building.
Amenities: Redefining Luxury Living
M6 Condos offers a plethora of amenities designed to cater to every resident's needs:
Ground Level:
- Lobby: A grand entrance featuring a 24-hour concierge and a plush lounge.
- Outdoor Courtyard: Beautifully landscaped, providing a serene escape from the urban hustle.
- Indoor Amenity: A sprawling 10,000 sq ft space.
- Outdoor Amenity: A vast 14,000 sq ft area.
- Fitness Centre: Equipped with a spin studio, yoga studio, and an outdoor training area.
- Sports Court: Multipurpose court with a running track.
- Relaxation: Experience showers, steam rooms, saunas, pool & hot tub with a sun deck.
- Entertainment: A theatre and a communal lounge.
- For Kids: A dedicated play area, craft room, and an outdoor play area with a splash pad.
- Indoor Amenities: A generous 4,700 sq ft space.
- Outdoor Amenities: An expansive 9,500 sq ft area.
- Lounges: Outdoor TV lounge, BBQ lounge, fireplace lounge, piano lounge, bar lounge, and a TV lounge.
- Recreation: Bocce courts, a games room, and a shared workspace.
- Dining: A dedicated dining room for residents.
Canada's Immigration and Its Impact on Real Estate
Canada's ambitious immigration plan, aiming to welcome 500,000 immigrants annually by 2025, is set to have a profound impact on the real estate market.
With Ontario being the preferred destination for nearly 44% of all Canadian immigrants in 2021, the demand for housing is expected to surge.
Mississauga's Real Estate Dynamics
Mississauga's real estate market is booming, and the introduction of projects like M6 Condos to our growing list of preconstruction homes is a testament to the city's growth and potential.
Rental Market
The condo rental market in Mississauga has witnessed impressive growth.
Studios have seen a 41% change in rental rates, with the 2023 price pegged at $2,111.
One-bedroom and two-bedroom condos have also seen significant growth, with prices reaching $2,492 and $3,001 respectively in 2023.
Price Appreciation
The average price per square foot for condos in Toronto and Mississauga has seen a steady rise.
While Toronto witnessed a 69% increase over five years, Mississauga outpaced with a whopping 98% increase in the same period.
Education: A Key Driver
The proximity to major educational institutions adds to the allure of M6 Condos:
University of Toronto (Mississauga Campus):
- 20 minutes by bus.
- A total student population of 13,621.
- International students numbering 3,920.
- A mere 15-minute walk.
- A combined student population (full and part-time) of 7,810.
In Conclusion
M6 Condos, with its strategic location, unparalleled amenities, and the backing of reputed developers, is poised to be a landmark in Mississauga's real estate landscape.
Whether you're an investor eyeing a lucrative opportunity or a homebuyer seeking a luxurious abode, M6 Condos is an opportunity that beckons.
Secure your spot in this iconic community and be a part of Mississauga's bright future