I have noticed a nice increase in property values so far this year in the Absolute buildings. After about 5 years of stagnation in prices now seems like the time to get that price you may have not been able to get in the past. Contact me for a free evalutation to get an idea of what you could get for your particular unit. Contact Sergio Baldis, a sales represtantive at Royal Lepage Signature, at 647-297-4548 today!
Absolute prices on the rise
Current Mortgage Rates
Current Mortgage Rates* for A+ clients:
3 years 2.39%
5 years 2.59%
Variable 2.30% (Prime -.40)
5% Cash Back at 4.64%
*Rates are subject to change. Closing in 30days for 5 years best rate. Terms and conditions apply for best rates. Not for Pre-Approval, Rentals, Refinance and Low Doc Program.
Contact me at 647-297-4548 for help in finding a Mortgage Provider.
How the iconic Absolute World condos could've looked
As many of you may know, the design of the curvaceous Absolute World Condos aka "Marilyn Monroe" buildings in the Mississauga core next to Square One was as a result of an international design competition where Yansong Ma of MAD Architects ultimately won. Several years later I thought it might be interesting to check on what didn't win and how Mississauga could've looked. I've left off the buildings that are pretty much just regular buildings, that wouldn't have been memorable or iconic at all, and certainly wouldn't have been considered landmarks. The ones I have included I have to admit, are a little weird.
This one is as if aliens have invaded, took over a building and are making all sorts of weird technology inside of it. It certainly would've been iconic, but would've people also been too scared to live near it. I have to imagine however the final design would have been more pleasing, but it's definitely quite odd, and probably a bit too dramatic.
This design shares the curve of what was actually chosen, except the brown and the design reminds me of those low value brown condos you see, and there's a certain 60s style to the whole thing.
This one is interesting, it has a modern artistic look, though it also partially has a weird futuristic look as well. Interestingly the two previous designs share the odd curvature of the Marilyn Monroe condos, where I'd say the Look may have taken more of a precedence than the layout of the actual units people would be living in. There's definitely some oddness here too, though I also wonder how high this building would actually be.
Ultimately though I do think they made the right choice in terms of the one that was the most landmarky, which I think was the goal of the competition. But it's interesting to look back at what could have been. The buildings have added value to the whole of Mississauga and are rather pleasant to look at as well. And if you are wondering what is next for Mississauga, the mass transit that is coming and the huge changes likely to happen in Cooksville that have a good chance to make it the new downtown of Mississauga are on the horizon. This is a great city that's just going to keep getting better and better.
No Municipal Tax for those outside of central Toronto.
Potential new homeowners around the gta(If you are thinking of buying in Mississauga, Oakville, Scarborough, and all parts further away from central Toronto) breathed a sigh of relief today as the Municipal Land Transfer tax won't be a thing that is emptied out of their bank accounts when they buy a home outside of central Toronto. Having said that, it will likely pass some day in to the future, but it didn't today, so... Victory. For now it's how it's been, where you pay a fee for buying into living ever so closer to a view of the CN tower. But if the CN tower is but a spec off into the distance, you don't. Though I guess if you are thinking of buying a home with a view away from the CN Tower or with something in the way you are very confused right now. You might want to consult a map.
Here's a quote from the Minister of Municipal Affairs and Housing: "While we are currently reviewing the feedback from our partners, it is clear is that there has been no call for a Municipal Land Transfer Tax. I was pleased communicate our government's position today, that other than in Toronto, where the power already exists, our government will not be extending Municipal Land Transfer Tax powers to other Ontario municipalities."
So...buy away my friends... before they change their mind.