THE MASON TOWNS

Estimated Completion: 2024 | Starting at:$1,400,000s

The Mason Towns: New Addition to Brightwater’s Waterfront Community

Discover The Mason Towns, the latest addition to the highly coveted Brightwater Master-Planned Waterfront Community in Mississauga’s vibrant Port Credit neighborhood. Spanning 72 acres of prime waterfront land, Brightwater offers a thoughtfully designed community featuring 2,995 residential units, 300,000 SF of retail and office space, 8 acres of open spaces, 5 public parks, and numerous amenities such as a proposed elementary school, community center, eco-friendly shuttle to Port Credit GO Station, and a proposed MiWay bus loop. Experience luxury living with prices starting from $1.4 million.

Population Increase and Economic Outlook
Mississauga, the 7th largest city in Canada, currently boasts a population of approximately 717,961 (2021) and is projected to reach 995,000 within the next three decades. Alongside this population growth, employment opportunities are expected to surge from 477,000 (2021) to over 590,100, establishing Mississauga as a thriving hub for living, working, and recreational activities. With a rising population and increased job opportunities, the demand for housing in the city is set to soar, leading to a surge in real estate values and rental rates.

Connectivity and Transportation
Mississauga enjoys excellent connectivity, being serviced by seven major highways, including the 401, 403, 427, 407, and the QEW. These highways provide convenient and fast access to major destinations in both Canada and the United States. Additionally, the city is set to benefit from the upcoming Light Rail Transit System, MiWay Transit, multiple GO Stations, and the presence of Pearson Airport, which is the largest international airport in Canada.

Location, Location, Location
Situated adjacent to Canada’s largest city, Toronto, Mississauga offers the advantages of being close to a major metropolis. The city is also home to prominent attractions such as Square One Shopping Centre, Ontario’s largest mall, Celebration Square, Sheridan College, the University of Toronto – Mississauga, numerous golf courses, and the scenic beauty of Lake Ontario.

Waterfront Living
Waterfront living is highly sought after, and Mississauga is currently undergoing a transformation by developing master-planned communities that bring together residential, commercial, retail, and employment opportunities along its waterfront. As land availability along the waterfront is limited, the supply of real estate in these prime locations is scarce, driving up both real estate values and rental prices.

Reputable Developers
The development of Mississauga’s Brightwater community is led by a group of highly reputable developers: Diamond Corp, Dream, and FRAM + Slokker. Collectively, these developers possess over 80 years of experience, ensuring the creation of a high-quality and desirable living environment for residents.

QUICK FACTS

Developer: Kilmer Group, Diamond Corp, Dream & FRAM + Slokker
Address: Mississauga Rd S & Lakeshore Rd W, Mississauga
Pricing: Starting From $1.4 Million
Occupancy: July 2024
Home Types: Towns
Square Footage: 1,393 sq ft – 2,266 sq ft
Maintenance Fees: Model TH 2263 & TH 2266: Estimated $0.37/sq ft // Model TH 1393 & TH 1396: Estimated $0.53/sq ft (Hydro and water metered separately)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% in 365 Days // 5% on Occupancy
Incentives*: VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($15,000), Free Assignment (Value of $7,500, Plus Legal Fees & HST extra*), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Right To Lease During Occupancy, One Parking Included