Assignment | Exchange District Condos

Status: Now Selling
Price: $750,000
Completion: 2023
No. of units: 2 Bed 2 Bath
Storeys: 50+
Developer: Camrost Felcorp

Exchange District Condos is a new condo development by Camrost Felcorp currently under construction at 151 City Centre Drive in Mississauga.
Prime downtown Mississauga location by a top rated developer with occupancy scheduled for Fall 2023.

Enjoy spectacular unobstructed views and an excellent opportunity to invest in Phase 1 of a master planned condo community.

Don’t miss this attractive assignment opportunity in sold out Exchange District Tower 1 with closing scheduled for 2024.

Exchange District Condos Highlights

• Perfect walk & transit score
• ZERO minutes to Square One Mall
• Surrounded by shopping, dining and entertainment
• Close to schools & Hurontario LRT
• Cheaper than other preconstruction condo developments in Square One area

Unit Details
Project Name: Exchange District
Project Type: Condominium
Intersection: City Centre Drive & Kariya Drive
Unit Type: 2 Bedroom
Size: 695 square feet
Floor Plan: See image below, High Floor 50+
Exposure: North East (Square One & Downtown Toronto, Unobstructed View)
Parking: Yes
Locker: Yes
Occupancy: November 2023

Pricing Information:
Assignment Price (AP): $750,000
Price/Square Feet: $1080.00
Original Purchase Price (OP): $645,900
Deposit Paid to Developer by Seller: $129,180.00
Due On Occupancy: $0

Purchaser Incentive

• Opportunity To Own In Phase 1
• Over $50,000 Cheaper Than Comparable Condo
• Flexible Deposit Payment Plan
• Free Bicycle Storage Locker
• Right to Lease During Occupancy

Deposit structure

• 1st Payment (Deposit) – Due Upon Offer Acceptance: $50,000
• 2nd Payment – (Remaining Balance) – Due Upon Developer’s Consent on Assignment: $79,180
• 3rd Payment – (Seller’s Profit) – $ 104,100. Payment schedule is negotiable.

Buyer’s Sum of Payment:

• Seller’s Profit: $104,100
• Deposit Paid to Developer by Seller (20%): $129,180
• Total Payment: $233,280

Price

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Floorplans

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