So you are interested in purchasing a Mississauga condo. Regardless if this is a first home you are planning on purchasing or a financial investment you have come to the right place for advice.

The first thing you have to decide is on whether you want to invest in a pre-construction condo such as limelight or do you want to go with an older re-sell condo. This decision is crucial as it impacts what you can potentially do with the property you purchase. Resell condominiums tend to be larger in size, yet sometimes the maintenance fees tend to be on the steep side. Brand new units tend to be on the more pricey side yet at the same time they are often recognized as sound investments.

In downtown Mississauga there are over 38 buildings to choose from. This number is expected to nearly increase by 50% in the next 15 years. Therefore, deciding on the geographical location of the properly is also an vital part of your purchase decision. Having a realtor who is familiar with Square One condos makes this task a breeze.

The 3rd key point to keep in mind is the exact specifications needed. Many buyers fail to plan ahead and buy a unit which is too small for their needs. Others, tend to overestimate what they require as a home and buy unnecessary oversize condo units. In the end the person living in the unit ends of paying extra fees when simple planning can prevent such an occurrence from happening in the first place.

Also Decide In which buying is right for you. As of 2012 these are most popular buildings downtown Mississauga: Absolute condos – Marilyn Monroe condo, wide suite condo, Chicago condo, Onyx condo, Elle Condo, Ultra ovation condo, eve condo, one park tower condo, solstice condo, Tuscany gates condo, universal condo, city gate condo, grand ovation condo, tridel ovation condo, Eden park condo, city one condo and skymark. – Get familiar with these condos are the names will come up often when you have conversations with realtors and people who live in the area.

Assuming all your finances are in order, the next step would be to start looking for condos. It is important to check out at least 4-5 different buildings to get a better idea of what each one has to offer. Keep in mind that the monthly fees from condo to condo to vary substantially. Be prepared to pay around $250-300 a square foot for older condos, $400 a square foot for newer condos and for pre-constructions condos do not be surprised if you encounter prices in the $500 per square foot rage.

Of course all this advice is oversimplified and should not be taken out of context. It’s always important to use a qualified realtor who knows the area which you are interested in purchasing property. I encourage you to check out my condo blog and see what I have to offer to my buyers and sellers.

If your looking for more advice to Mississauga condos and Square One condos area please check out www.mysquareonecondo.ca

Eric is a Mississauga Condo Realtor who focuses on downtown Square One condos. http://mysquareonecondo.ca

Author Bio: If your looking for more advice to Mississauga condos and Square One condos area please check out www.mysquareonecondo.ca

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