Location: 24 Elm Dr W, Mississauga, Ontario
ORO at Edge Towers is the third and final tower in Solmar Development’s Edge Towers community. This 50-storey condominium offers luxury living in Mississauga’s City Centre, steps from Square One and the future Hurontario LRT. ORO combines upscale design with modern amenities, making it a perfect choice for families, professionals, and investors.
Developer: Solmar Development Corp
Location: 24 Elm Dr W, Mississauga
Home Types: Condominiums
Number of Storeys: 50 storeys
Number of Units: 630 units
Starting Prices: From $765,900 to $1,147,900
Tentative Occupancy: January 2027
Steps from the upcoming Hurontario LRT, connecting residents to Brampton and Port Credit.
Near MiWay Transit Routes and Cooksville GO Station, providing access to the entire GTA.
Quick access to highways 403, 401, QEW, and 407, facilitating easy commutes.
Community Features: Close to Square One, Celebration Square, parks, and dining options.
Deposit Structure:
$5,000 on Signing
Balance to 5% in 30 Days
5% in 365 Days
Incentives:
Free assignment
Capped development levies ($12,000)
Right to lease during occupancy
24-hour concierge service and state-of-the-art fitness centre with cardio equipment, weight area, and yoga studio.
Party room with private terraces, media room, and private movie theatre for entertainment.
Outdoor terrace with BBQ areas and lounge spaces.
Guest suites, co-working spaces, sports lounge, and a dedicated park within the community enhance the luxury living experience.
Modern suite finishes include quartz countertops, spa-inspired bathrooms, and in-suite laundry, providing comfort and elegance.
Solmar Development Corp has over 30 years of experience building communities with character and quality. Known for projects like Park Avenue Place in Vaughan, Solmar is committed to delivering high-quality homes with luxurious finishes and cutting-edge design.
Why Invest in Mississauga?
Mississauga is an ideal investment destination due to its robust economic growth, diverse demographics, and strategic location. As part of the Greater Toronto Area, Mississauga benefits from excellent connectivity, with major highways such as the 401, 403, and 407 providing easy access to neighboring cities. The city is also home to Toronto Pearson International Airport, Canada’s busiest airport, further enhancing its appeal for businesses and residents alike.
The real estate market in Mississauga has shown consistent appreciation. As of 2024, the average home price in Mississauga is $1,103,727, with condo prices averaging around $645,616. The market remains dynamic with a 5.2% month-over-month increase in condo sales and a strong rental market with an average rent of $2,784 per month. The vacancy rate is exceptionally low at just 0.8%, indicating a high demand for rental properties.
Mississauga offers a high quality of life with over 500 parks, 23 major trail systems, and a protected natural waterfront. The city is culturally diverse, providing a rich array of dining, shopping, and recreational options. Significant investments in infrastructure, such as the upcoming Hurontario LRT, are set to further enhance connectivity and convenience.
Investing in Mississauga real estate promises immediate and long-term rewards, thanks to its stable growth, attractive property values, and exceptional living standards. For investors seeking a vibrant, growing community with strong economic fundamentals, Mississauga is a top choice.
TBA
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