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Gemma Condo

15 Watergarden Dr, Mississauga, Ontario

$679000

Listing TypeCondominium

Square Footage900 Sq. Ft.

Beds2

Baths2

ExposureSouth West

Showing AllowedYes

Master planned condo living at Pinnacle Uptown

Gemma is part of Pinnacle Uptown, a large master planned community at Hurontario and Eglinton. High rise towers, townhomes, park space and future retail come together to support long term livability and area growth. You are not just buying into one building, you are buying into a node that should mature as more residents and services arrive.

The location is close to Hurontario transit, a short drive to Square One and Heartland, and connects quickly to major highways. Groceries, pharmacy and coffee are nearby, which matters for both end users and tenants who want convenience without going downtown.

Larger 2 bedroom plan with south west views

  • Approx. 900 sq ft, 2 bedrooms, 2 bathrooms
  • South west facing suite on a floor to be confirmed
  • Layout sized for sharers, couples or a small family
  • Bedrooms set apart from the main living area to support privacy and work from home
  • Two full bathrooms improve day to day function for roommates or guests
  • One underground parking space included, a real value driver in a car friendly market
  • No balcony, so all square footage is inside the suite and fully usable

Amenities that support rentability

  • Concierge for security and everyday support
  • Fitness centre for residents
  • Games room and party room for hosting and social use
  • Rooftop or outdoor terrace space
  • Visitor parking to make guest visits easier
  • Amenity mix that helps compete with newer Hurontario and City Centre buildings and encourages longer tenant stays

Assignment structure investors can underwrite

Gemma launched with an extended deposit structure, capped development charges and the ability to assign with lease during occupancy, subject to builder rules. On this assignment, your total cash to assume will include the deposit already paid, any builder assignment fee and any agreed seller profit or credit. Expected maintenance in the mid 0.60 dollars per square foot range gives a starting point for estimating monthly condo fees on a 900 square foot suite, subject to the final budget and status certificate. Paired with a larger 2 bedroom plan and parking, this supports a practical long term hold in a growing Mississauga corridor.

Financials

Listing Price$679000

Original Price$978888

Occupancy

Parking & Locker

Parking1

LockerNo

Floor Plan

Gemma condo bedroom floor plan

Original Agreement of Purchase & Sale

Click Here





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