Mississauga new towns project

Eleven 11 Clarkson Towns in Mississauga is new towns project coming up at 1111 Clarkson Road North in Mississauga. Major intersection for this project is Clarkson Rd North and Lakeshore Blvd. The developer of this project is Saxon Developments.

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Details about Eleven 11 Clarkson Towns

• No. of floors – 4
• No. of Blocks – 5
• No. of units – 180
• Development Name – Eleven 11 Clarkson Towns
• Developer (s) – Saxon Developments
• Architects – TBA
• Sq footage from – 690-1687 sq ft + Outdoor Space (Patio or Balcony or Roof Terrace)
• Available in – 1Br, 1Br+den, 2Br, 2Br+den, 3BR
• No. of Floor plans – 10
• Type of Units – Urban Towns

Youtube Video of Eleven 11 Clarkson Towns

Info for Investors for Rental rates in Neighborhood of  Eleven 11 Towns

• Rentability– Neighborhood vacancy rates below 2% with less than 18 days on market
• Rental Appreciation– Rental rates appreciated an average more than 10%  year over year (Source – Toronto Real Estate Board)
• Rental Rates for Freehold Homes in the area are following-
• 1 Bedroom- $1299- $2200, Median- $1350; Days in Market – 14
• 2 Bedrooms – $2550-$3150, Median – $2850; Days in Market – 23
• 3 Bedrooms- $2650-$3500, Median – $3000; Days in market – 23

• Rental Rates for Condos in the area are following-
• 1 Bedroom- $1925- $2300, Median- $2000; Days in Market – 12
• 2 Bedrooms – $1895-$3300, Median – $2800; Days in Market – 8
• 3 Bedrooms- $2000-$2900, Median – $2700; Days in market – 13

(These are last 180 days stats from the date of getting rental data i.e.  Oct 25, 2018)

Renderings of Eleven 11 Clarkson Towns

Location of Eleven 11 Clarkson Towns

1111 Clarkson Road North, Mississauga, Ontario, Canada

Walkscore of location

VIP Deposit Structure-

$10000 on signing, Balance to 5% in 30 days

5% in 90 days

5% in 180 days

5% on Occupancy

Maintenance fee

App. $0.30 sq ft/ month

Parking

TBA

Expected Tentative Occupancy

Late 2021/Early 2022

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