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Exchange District 3

By Camrost Felcorp

1 Star2 Stars3 Stars4 Stars5 Stars (8 votes, average: 3.50 out of 5)
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151 City Centre Drive, Mississauga, ON, Canada



New Release: Sales From $728,900 to over $2,479,900
Condominium
66 Storeys | 660 Suites
1 - 2.5 Bedroom(s)
515 - 1435 Sq Ft
VIP Launch: 2021
Completion: 2026

Exchange District 3 is a new pre-construction condo development in Exchange District’s master-planned community  by Camrost Felcorp. Coming soon to Hurontario St and Burnhamthorpe Rd W at 151 City Centre Drive in Mississauga

NEW LEGACY COLLECTION RELEASED

EX3 is Exchange District’s new and exclusive boutique lifestyle offering, with a limited number of residences catering to those seeking expansive urban conveniences. Camrost is envisioning more than 2,000 condominium residences among four tall towers (upwards of 72 storeys) of modern design.

Exchange District 3 Highlights

This city-within-a-city, nestled in Mary Fix Creek Gateway, combines green open spaces with a tight-knit neighbourhood feel, all in downtown Mississauga. Above all, because this community is all about bringing family, friends, and neighbours closer together, everything they require is also closer. Square One, Sheridan College, banks, and libraries are all within walking distance, so commercial and public amenities are easily accessible.

Most importantly, culture, character, and personality contribute to the greatness of a community. Local landmarks such as the Civic Centre, Celebration Square, and the Living Arts Centre. Here, they can get to know one another and celebrate the diversity of their community. As a result, when residents need to travel a little further for work or pleasure, they have transportation all around them. Getting around is simple, whether they use the GO, Mississauga Transit, or bike paths.

  • Located At Heart of Downtown Mississauga
  • Very Close to University Of Toronto Mississauga Campus
  • Located adjacent to Square One — transformed into a high-density modern, mixed-use urban district.
  • Close to Mississauga Transportation Centre
  • Step to shopping retail, Entertainment and Parks
  • 5 minutes to extensive highway network
  • 10 minutes to Pearson International Airport
  • 20 minutes to the City of Toronto
  • Direct transit access (Cooksville Train Station, New Hurontoario LRT
  • Walk Score of 92 out of 100
  • Transit score of 84 out of 100
  • Nearby parks such as Kariya Park, Living Arts Park and Queen Elizabeth II Jubilee Garden.
  • 20, 000+ sq ft of exclusive amenities

 

WHY IN MISSISSAUGA

  • Mississauga is the sixth largest city in Canada
  • 85000 Business in the city, 552,000 jobs will be created by 2041
  • Mississauga is home to more than 700,000 people
  • 21.7% population growth expected by 2041
  • Square One Shopping Mall’s south wing expansion of 130,000 square feet completed in 2016 with 25 million visitors per year.
  • 21,000 Full-­time and 17,000 continuing and part-­time students in Sheridan College 13,500 undergraduate students, 575 graduate students in University of Toronto Mississauga Campus -­‐8 mins to UT Mississauga from M CITY
  • Easy access to anywhere in the city with many transit options, Bike paths, Mississauga Transit, Go bus, Go Train, and also Light Rail
  • 0.8% rental vacancy rate in 2021
  • 11.3% rental increase average

Housing Price in Mississauga

  • Detached house price increased 20%* from 2015 – House affordability declined in Mississauga
  • Condos average selling price increased 22.7%* in Dec 2016 compared to Dec 2015, Days on the market (DOM) declined to 23 days from 35 days from Dec 2015
  • Average Condos price in Mississauga is $347,409*, condos in Mississauga are still more affordable compared to Toronto, Average condos selling price in Toronto is $440,669*
  • Rental demand is high in Mississauga with $1.2*% low vacancy rate compared to 1.3% in Toronto
  • Rental rate reaches a benchmark high in this area:
  • 1 bedroom at $1600/month
  • 2 bedrooms at $1900-­‐$2200/month
  • 3 bedrooms at $2300-­‐$3500/month.

 

Exchange District 3 Property Details

    Developer(s): Camrost Felcorp
    Architect(s): IBI Group
    Building Type: Condominium
    Ownership: Condominium
    Building Status: Pre-construction
    Selling Status: New Release
    Storeys: 66
    Suites: 660
    Suite Type: 1 - 2.5 Bedroom(s)
    Suite Size: 515 - 1435 Sq Ft
    Launch: 2021
    Estimated Completion: 2026

Building Amenities

20,000 square feet of resident exclusive amenities

Pricing & Fees

Price: From $728,900 to over $2,479,900
Cost of Parking: $75,000+HST (690 SF +)
Cost of Locker: $6,000+HST (685 SF +)
Deposit Structure:
$10,000 on Signing
Balance to 5% in 30 Days
2.5% on May 1, 2022
2.5% on August 1, 2022
2.5% on November 1, 2022
2.5% on October 1, 2023
5% on August 17, 2026 (First Tentative Occupancy)

International Deposit
Structure*
$10,000 on Signing
Balance to 5% in 30 Days
10% in 90 Days
10% in 180 Days
10% in 365 Days
1% on August 17, 2026 (First Tentative Occupancy)

Parking
$5,000 on Signing
$5,000 in 90 Days

Locker
$1,500 on Signing

Cheques made payable to
OWENS WRIGHT LLP IN TRUST

Current Incentives

1 FREE PARKING
XU1 UPGRADE PACKAGE INCLUDED
FREE ASSIGNMENT*** (Regular price $5,000)
PERMISSION TO LEASE DURING OCCUPANCY****
CAPPED DEVELOPMENT CHARGES
– For 2 Bedroom & 2 Bedroom + Den: $15,000 +HST

Location

More Projects in this area

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