Assignment Condo for Sale
Urgent Distress Sale at Alba Condos! This premium 2-bedroom, 2-bathroom corner-style suite is being sacrificed for $680,000—a price point significantly lower than the original purchase cost. Located on the 6th floor with a sun-drenched South West exposure, this assignment sale offers immediate equity in one of Mississauga's most innovative new developments.
Register below to secure your unit
Situated at Fairview Road East, Alba Condos is perfectly positioned in the vibrant Mississauga Valley neighborhood. Residents are located just minutes from the bustling Square One Shopping Centre and the Cooksville GO Station, ensuring world-class shopping, dining, and transit are always within reach. With the upcoming Hurontario LRT just steps away, this location offers unparalleled connectivity to the rest of the GTA, making it a premier choice for professionals and investors alike.
Suite 618 is a meticulously designed 685 square foot residence featuring 2 full bedrooms and 2 modern washrooms. Perched on the 6th floor, this unit boasts a highly coveted South West exposure, providing residents with abundant natural light throughout the day and beautiful sunset views. This is a motivated distress sale, with the asking price set below the original purchase price, representing a rare opportunity to acquire a high-floor unit at a significant discount.
The layout of Suite 618 maximizes every square foot, offering an open-concept living and dining area that flows seamlessly into a modern kitchen equipped with high-end appliances. The split-bedroom design ensures maximum privacy, while the two full bathrooms provide convenience for families or roommates. As part of the Alba development—Mississauga's first geothermal condo—residents will benefit from sustainable living and lower utility costs, alongside elite amenities including a state-of-the-art gym, co-working lounge, and rooftop terrace.
At an asking price of $680,000, this 2-bedroom suite is priced at approximately $992 per square foot. In a market where new construction in downtown Mississauga often exceeds $1,200 PSF, this distress sale offers a massive financial advantage. With the addition of a parking spot (valued at $50,850) and a locker (valued at $3,390), the total value of this package far outweighs the asking price. This is a strategic ""buy-low"" opportunity for those looking to secure immediate equity in a landmark building.
Alba Suite 618 represents the perfect intersection of sustainability, luxury, and value. Between the prime Fairview Road East location, the sun-drenched South West view, and the urgency of a distress-sale price, this property stands out as the most competitive 2-bedroom listing in the area. Do not miss your chance to own a piece of Mississauga’s future at a price below the original owner's cost. Contact us today to secure this assignment before it leaves the market!
300 Richmond St W #300, Toronto, ON M5V 1X2
inquiries@Condoy.com
(416) 599-9599
We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.