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Edge Towers

Solmar Developments begins construction at Edge Towers in Mississauga

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Solmar Developments begins construction at Edge Towers in Mississauga

Solmar Development Corp. Is a family business that has a 30-year track record of excellent customer service building elegant, luxury new homes and condominiums all over southern Ontario.

The company celebrated the official start of construction of Edge Towers, a three-tower luxury residential condominium project located on Hurontario Street, just steps from Burnhamthorpe and Square One in downtown Mississauga.

Mississauga Mayor Bonnie Crombie joined the Solmar team at the ground-breaking ceremony last month. She spoke about Mississauga being the third largest city in Ontario and used her latest catch phrase, “Mississauga means jobs” when speaking to the attendees at the event.

The Mayor spoke about the importance of creating new jobs, attracting opportunity for new and existing Mississauga residents that will lead to prosperity. “Last year alone,” she said, “the City of Mississauga was directly involved in the creation of up to 4,500 new jobs. A future driver of Mississauga business’ success is the new Hurontario Light Rail Transit (LRT) that will be located right next to Edge Towers. More than 3,800 businesses and 78,000 jobs currently rely on this line today, and those numbers are expected to grow to one quarter of all employment in Mississauga, or nearly 130,000 jobs, in the future.”

Today, an important component defining the value of new condominium locations is the proximity to public transit. Since Edge Towers is also located just steps from the Cooksville GO station, commuters will have convenient access to both local amenities with the LRT and anywhere on the Metrolinx GO train system, including Union Station and the airport.

Scott Davie, president of Davie Real Estate, the Broker selling Edge Towers says, “Edge residents won’t need transportation to enjoy most local amenities. Edge Towers is walking distance to world class shopping at Square One, trendy restaurants like Earl’s and Bier Market, cool markets like Whole foods, and meeting places like Starbucks and Tim Hortons. Other local amenities within walking distance include Sheridan College, the Living Arts Centre, and the Art Gallery of Mississauga. Residents can experience a downtown Toronto lifestyle at half the price.”

A second major component to defining value in a new condominium is the quality of the finishes and workmanship, and the customer service. The first impression of visitors to Edge Towers will be a luxuriously appointed lobby with 24-hour concierge and elegant marble and granite finishes in neutral tones. This timeless elegance theme will run through all of the luxury amenities, which include guest suites, party room with wraparound rooftop terrace and barbecues, gym, yoga studio, movie theatre, Wi-Fi lounge, games room, and a Galleria.

The interior suite finishes are also exceptional. They include nine-ft. smooth ceilings, luxury fully integrated, stainless steel kitchen appliances, full size stackable front loading washer and dryers, quartz countertops, frameless glass shower doors, and frameless mirror closet doors. Solmar pays attention to the details with features such as larger baseboards and casings.

Edge Tower 2 suites are currently selling, ranging in size from 492 to more than 1.400 sq. ft., and are available as one-bedroom, one-bedroom plus den, two-bedroom, two-bedroom plus den, and three-bedroom designs.

Edge T2 offers the advantage of a higher level of quality, a better location, and a better incentive program, including free parking, free locker, free assignment, a 15-per-cent deposit over 18 months (plus five per cent at occupancy), and a low lot levy cap. It’s always nice to have an advantage when buying real estate.

Visit the Edge T2 designer-decorated model suite at the Presentation Centre, located at 24 Elm Dr. West in Mississauga. The Presentation Centre is open from noon to 6 p.m. Monday to Thursday, and from 11 a.m. to 5 p.m. weekends; closed Fridays.


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Edge T2: New Release of Suites

New release of suites at Solmar’s Edge T2 in Mississauga

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New release of suites at Solmar’s Edge T2 in Mississauga

After the successful sale of the first of three Towers near Burnhamthorpe and Hurontario in Mississauga, sales have officially begun for Edge T2. Due to overwhelming demand, Solmar has now released more suites for sale on both higher and lower floors.

Available suites at Edge T2 range from 492 to over 1,400 square feet. Sales were fuelled by an amazing incentive program which included: free parking, free locker, free assignment; low lot levy cap, the ability to rent during occupancy, and a 15 per cent initial deposit spread out over 18 months.

Location was also a major contributor to the successful sales of the first batch of suites at Edge T2. According to the City, the major area for population growth in Mississauga over the next few years, by far, will be in the downtown core, surrounding Square One.

The guest speaker at the Edge T2 Grand Opening was Mayor Bonnie Crombie, and she spoke about the new LRT that will be running right in front of Edge Towers, and will connect all of Peel, from north to south, with over 20 kilometres of rapid, reliable transit.

“Edge Towers is positioned well for the major growth coming to Mississauga, especially considering the GO Train station is a five-minute walk away, offering efficient travel to Union Station and the Airport.”

The Mayor went on to say, “Mississauga is known to have a great supply of educated and skilled workers, and is already home to over 60 Fortune 500 companies.

“This is one factor that makes Mississauga a sought after destination of many international companies, and the fact is that they are bringing many new jobs to the City.”

Edge T2 is also just a short walk to the world class, luxury shopping at Square One, with shops like Holt Renfrew, Harry Rosen, and Rolex.

Local residents can also walk to neighbourhood restaurants like Earl’s and Bier Market, as well as Whole Foods, Starbucks, and Sheridan College.

The attendees of the Grand Opening had an opportunity to speak with the developer and his team, and learn about Solmar’s commitment to building a new standard of luxury in Mississauga, one that will make Edge Towers the best quality condominiums on the main downtown corridor of Mississauga for years to come.

Solmar Developments is an Italian family-run business that takes a special pride in what they build, and has been in business for over 30 years.

Attendees of the event had a chance to view the Designer decorated model suite that featured standard finishes like nine foot smooth ceilings, superior quality stainless steel and fully integrated kitchen appliances, full-size front loading washer and dryers, quartz and marble counter tops, and frameless glass shower doors.

The building amenities will also be very luxurious beginning with a lobby that resembles a high end hotel with 24 hour concierge, and include guest suites, party room with fire feature and barbeques, gym, yoga studio, games room, WiFi-lounge, and a galleria.

To view the floor plans and the designer-decorated model suite, and to receive pricing, visit the Presentation Centre, located at 24 Elm Drive West in Mississauga. The Presentation Centre is open from noon to 7 p.m. Monday to Thursday, and from 11:00 a.m. to 5:00 p.m. weekends; closed Fridays.

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John Tory

GTA mayoral elections – who won and where they stand on housing

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GTA mayoral elections – who won and where they stand on housing

John Tory

Housing policy, affordability and supply were among the key issues in many municipalities leading up to the Oct. 22 Ontario elections.

The Toronto Real Estate Board (TREB), the Building Industry and Land Development Association (BILD) and others did their best to alert voters to the issues, and to gage candidates on how well they understood them.

Homes Publishing did its own assessment of a selection of GTA municipalities in the context of housing development.

But now that the results are in (well, most of them), let’s take a look how some of the notable races shook down, and the various policies of the newly elected mayors, with help from BILD.

 

AURORA

Tom Mrakas (New)
Housing and growth: Proposes to protect Aurora’s Stable Neighbourhoods from “monster home” infill, by using planning tools such as Interim Control By-laws. Also wants to ensure better land use planning decisions are made through the Local Appeals Body and by implementing a Design Review Panel. He intends to uphold the Official Plan and continue to oppose golf course redevelopment. Improving municipal infrastructure, through complete streets, is also a priority.
Taxes: Proposes to reduce the tax levy.

 

BRAMPTON

Patrick Brown (new)
Housing: Proposes to create a streamlined, more efficient approvals process at City Hall for new home construction and renovations across all levels of affordability. Proposes to develop a housing strategy that encourages neighbourhood-sensitive development of rooming houses, basement apartments and in-law suites.

 

BURLINGTON

Marianne Meed Ward (New)
Growth: Opposes overdevelopment of Burlington and will seek to control growth by reducing provisions in the Official Plan, as well as accept growth only when infrastructure can handle it.
Housing: Intends to secure affordable housing with inclusionary zoning and require new development to provide a percentage of senior-friendly units. Intends to set greenspace per population targets within reasonable walking distance through prioritizing parkland over cash-in-lieu for major new developments.

 

CALEDON

Allan Thompson
Housing and growth: Supports housing and growth management initiatives that will maintain the characteristics of Caledon’s communities and create opportunities for residents and future residents of live, work and retire.

 

EAST GWILLIMBURY

Virginia Hackson
Housing: Proposes to complete the first phase of growth of 7,000 homes. In terms of transportation corridors, plans to work with the Mayor of Bradford to solve gridlock on roads between Hwys. 404 and 400.
Infrastructure: Proposes to work with the Province and local MPP to deal with the delay of the Upper York Sewage Solution which will ultimately eliminate the Holland Landing Sewage Lagoons. Proposes to address the need for quality broadband in the community.

 

HALTON HILLS

Rick Bonnette
Housing: Proposes to continue to manage difficult conversations around intensification and growth the Province has mandated and the development residents are seeing.

 

KING CITY

Steve Pellegrini
Plans to focus on business growth, the new municipal office, the library and seniors centre expansion project, as well as road beautification in the township.

 

MISSISSAUGA

Bonnie Crombie
Housing: Intends to institute an Inclusionary Zoning policy to incentivize the building of new, affordable units. Proposes to form partnerships with leaders in affordable housing to get new buildings in the ground on a faster pace.
Environment: Proposes to work with staff to bolster Green building standards that will improve energy efficiency, reduce greenhouse gas and improve urban forest canopy.
Development: Supports Mississauga’s office for a Development Ambassador.

 

NEWMARKET

John Taylor
Economy: Top priorities include jobs and the economy, community building and parks recreation and trails. Wants to the Renew Economic Development Strategy and increase jobs in the community. Grow the city’s broadband company to deliver affordable high-speed internet to local businesses. Proposes to keep taxesbelow GTA average.
Growth: Proposes to meet regularly with existing employers and grow local business base.
Community Building: Proposes to protect neighbourhoods – intensify in the right places.
Housing: New housing developments must include options for low/moderate-income families. Create a community inclusivity round table and increase senior-friendly housing and recreation.

 

OAKVILLE

Rob Burton
Growth: Proposes to continue to protect Glen Abbey through the use of Cultural Heritage Landscape provisions and court challenges.
Environment: Proposes to focus on protecting greenspace and the environment and controlling growth.

 

OSHAWA

Dan Carter (New)
Growth/Housing/Transit: A 4-Pillar Platform includes creating affordable, vibrant, healthy communities that invests in active transportation networks and creates employment opportunities with industries.

 

RICHMOND HILL

Dave Barrow
Growth: Proposes to continue with the Town’s economic vitality, build a strong community, manage our growth to respect the existing neighbourhoods and lead a responsive and efficient government.
Housing: Proposes to work with the Province and the Region to increase the rental housing supply, maintain the existing rental supply and add affordable ownership homes. Allowing secondary suites in existing homes will also create new housing once new by-laws that monitor the neighbourhoods are in place. Also believes the Town needs to review and update its 10-year-old Development Plan in order to process new development applications. Zoning By-laws also need to be brought into the “urban” town.

 

TORONTO

John Tory
Housing: Proposes to build 40,000 affordable rental units over 12 years. Leverage City lands, including lands surrounding TTC Stations.
Property Taxes: Keep property taxes at or below the rate of inflation. Supported City Council’s plan to implement water rate increases dedicated to improving storm and wastewater infrastructure.
Transit: Continue to build out the transit network plan – SmartTrack.

 

UXBRIDGE

Dave Barton
Growth and development: Proposes a seven-point platform, a main concern is the competing interest between farmland and “irresponsible and ill-considered development.” Wants to ensure that growth has clear collaboration with the livelihood of people who depend on the land.

 

VAUGHAN

Maurizio Bevilacqua
Taxes: Promises to keep Vaughan as one of the lowest taxed municipalities in the GTA. Focus on transit and roads to keep Vaughan moving. Working closely with government partners at all levels to ensure wise investments for new transit initiatives and improvements including the Yonge Subway, VIVANext, as well as road building and widening.
Innovation: Will transform the City of Vaughan into a hub for education, culture, sports and the arts by building the infrastructure required to achieve excellence and improve accessibility.
Other: Continue to excel in environmental stewardship. Support and attract small and large businesses to Vaughan.

 

WHITCHURCH-STOUFFVILLE

Iain Lovatt (New)
Growth: Proposes to preserve heritage that is integrated with future development. Integrating heritage built form into new developments as well as establishing Heritage Conservation Districts and site plan bylaws in heritage areas in town are identified a must.
Development: Within the first 100 days, hopes to assemble a meeting of commercial-industrial landowners to get everyone on the same page, about the 404 corridor and the servicing for the area going forward. Believes that these underserviced and underutilized lands represent about $1 billion in new tax assessment for Whitchurch-Stouffville.

 

RELATED READING

5 steps to solving the housing affordability issue in Ontario

Municipal candidates aware of housing needs – TREB poll

6 Ontario municipal elections to watch regarding housing

7 factors that will affect GTA housing in 2019 – and 5 reasons to consider buying NOW

 

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Edge Tower 2

Edge Tower 2

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Edge Tower 2

Solmar Developments takes advantage of all that Mississauga has to offer with their new condo at Burnhamthorpe and Hurontario

Why is Mississauga a breath of fresh air for new condo buyers? Mississauga was largely built by newcomers to Canada, and that was a result of our modern immigration policy, beginning in the 1970s.

The growth of Mississauga was a modern success story showcasing the evolution of Canadian culture. Mississauga’s most common languages after English, according to 2016 Census data, are Chinese, Urdu, Arabic, Polish, and Panjabi.

Mississauga has grown successfully because of a combination of a political desire to attract new businesses, and new and existing Canadian residents, and a desire to be pro Real Estate Development. These policies were championed by the legendary Mayor Hazel McCallion, and continue under the strong leadership of the current Mayor, Bonnie Crombie. Mayor Crombie often speaks about the importance of attracting good paying jobs to Mississauga with a catch phrase, “Mississauga is open for business!”

“A strong and expanding local economy creates skilled, well-paying new jobs, and new and existing residents need nice places to live that are affordable”, says Mayor Crombie.

Home to over 60 of the worlds Fortune 500 companies, Mississauga is known to be strong in the pharmaceutical industry, banking and finance, electronics and computers, Aerospace, transportation parts, and equipment.

The new LRT was an important component in creating a modern, world class city, connecting the region of Peel, from north to south along Hurontario, offering residents convenient and rapid access to Union Station, the Airport, or anywhere on the Metrolinx transportation system.

Ontario’s third largest city projects its largest population growth, by far, to be in its downtown core, at Burnamthorpe and Hurontario.

The Mississauga Downtown Core features Square One Shopping Centre, Ontario’s largest and most sophisticated mall, featuring world class shopping like Holt Renfrew, Armani, Hugo Boss, Gucci, and the Rolex Boutique.

Local residents can live the modern downtown lifestyle with conveniences like Whole Foods, Chapters, Earls, the Bier Market, the Living Arts Centre, and Sheridan College all within a short walk.

Condominium apartments are the modern choice for Real Estate offering a luxury, care free lifestyle at an affordable price, compared to the soaring price, and the physical maintenance required, with houses and townhouses.

With downtown Toronto new Condo prices typically ranging between $1,000 to $1,400 per square foot, Mississauga is a breath of fresh air for GTA Buyers who would have traditionally chosen downtown Toronto.

Over the last number of years, there has generally been a $150 to $200 per square foot difference between buying a premium quality downtown condo versus a premium quality Mississauga Condo.

Buying a triple A condo in Mississauga versus downtown you can currently save as much as $600 per square foot, if you compare two new condos that both have:

  • a superior location;
  • proximity to the LRT (versus subway downtown);
  • walking distance to world class luxury shopping, trendy restaurants, major post-secondary education;
  • an experienced Developer known for providing superior quality finishes and workmanship.

Compare Solmar Developments, Edge Tower 2

Located in Mississauga’s downtown core, on the new Hurontario LRT, Edge Tower 2 offers the best quality finishes and workmanship in Mississauga and is being built by an experienced Italian Developer.

The incentive package is also the best in Mississauga, and unheard of downtown, with free parking, free locker, free assignment, 5 per cent deposit this year (15 per cent over 18 months)*, a low lot levy cap, and the ability to rent during occupancy.

With the best quality finishes and the strongest incentive package offered in Mississauga new high rise condos, many consider it to the best value in the GTA. You can judge this for yourself by visiting the Designer decorated, model suite at the Presentation Centre and get a sneak preview of Edge Tower 2.

Visit the The Presentation Centre, located at 24 Elm Drive West. The Presentation Centre is open from noon to 7 p.m. Monday to Thursday, and from 11 a.m. to 5 p.m. weekends; closed Friday.


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