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Under Construction Assignment Friendly

ORO at Edge Towers

By Solmar Development Corp.

Downtown Mississauga, Mississauga, Ontario
Condo
Occupancy: 2027
1 - 3 Beds
500 - 1100 sq ft sqft

Starting from

$575,900

TypeCondo
From$575,900
Storeys50 floors
Units630
Beds1 - 3
Baths1 - 2
Size500 - 1100 sq ft sqft
Completion2027

Overview

Project Details

Architect
Rosario Varacalli
Building type
Condo
Storeys
50 storeys
Total homes
630
Beds
1 - 3
Baths
1 - 2
SqFt
500 - 1100 sq ft sqft
Parking cost
$50,000
Storage cost
$6,000
Maint/sqft
$0.62 per sq ft / month
Avg price/sqft
$1120
Estimated completion
2027
Deposit structure
20% structured builder deposit leading to occupancy
Assignment policy
Assignment Friendly
Appreciation forecast
4.6%/yr

ORO at Edge Towers, a significant new condominium development by Solmar Development Corp., is situated in the heart of Downtown Mississauga, Ontario. This project adds a 50-storey high-rise to the local skyline, featuring a total of 630 residential units. Designed to offer a diverse range of living options, the building provides floor plans spanning from one to three bedrooms. Residents have access to a comprehensive suite of building amenities, including a 24-hour concierge service, a dedicated yoga studio, and a modern fitness centre. Additional shared spaces feature a party room, a games room for leisure, guest suites for visitors, and an expansive rooftop terrace equipped with barbecue facilities to facilitate outdoor social gatherings. Units at ORO at Edge Towers are priced starting from $575,900 CAD, with sizes ranging between 500 and 1,100 square feet. The builder has implemented a 20 percent structured deposit plan that extends until the project reaches occupancy in 2027. Located in the centre of Mississauga, the development benefits from established urban infrastructure, proximity to local transit networks, and access to a growing selection of commercial and cultural amenities. As Mississauga continues to evolve into a major metropolitan hub within the Greater Toronto Area, this project represents a contribution to the increasing density of the downtown core. The location provides connectivity for commuters while positioning residents within reach of the city's expanding economic base. This development reflects the ongoing transition of Mississauga toward higher-density residential living, supporting the city's long-term vision for sustainable growth and transit-oriented development in its central districts.

#PreConstruction#NewCondos#MississaugaCondos#MississaugaRealEstate#OntarioRealEstate

Pricing and Fees

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The Onyx

1 Bed 1 Bath 500-550 sqft

From

Efficient open-concept layout with floor-to-ceiling windows and a private balcony.

The Jade

1 Bed 1 Bath 580-630 sqft

From

Spacious one-bedroom plus den suite featuring a modern kitchen and walk-out to a balcony.

The Amber

2 Bed 2 Bath 750-820 sqft

From

Split-bedroom floor plan for maximum privacy with an oversized living area.

The Quartz

2 Bed 2 Bath 850-920 sqft

From

Corner suite offering panoramic views, wrap-around balcony, and upgraded designer finishes.

The Topaz

2 Bed 2 Bath 950-1020 sqft

From

Expansive two-bedroom plus media room layout, ideal for professionals and small families.

The Diamond

3 Bed 2 Bath 1050-1100 sqft

From

Premier three-bedroom residence featuring luxury stone countertops and a master bedroom with en-suite.

AI-generated floor plan estimates. Contact us for official floor plans and pricing.

Amenities

24-Hour Concierge
Yoga Studio
Gym and Fitness Centre
Rooftop Terrace with BBQs
Party Room
Games Room
Guest Suites

Neighbourhood

88Walk
84Transit
65Bike

About the Neighbourhood

Downtown Mississauga / City Centre is the civic and commercial heart of the municipality, hosting Celebration Square, Living Arts Centre, central transit hubs, and retail destinations.

24 Elm Drive West

Contact sales center

Request additional information including price lists and floor plans.

Investment Analysis

Investment Analysis

AI-scored using verified market signals

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91
OUT OF 100
Excellent opportunity

Strong fundamentals across location, rental economics and growth outlook.

Est. monthly rent

$2,400–$3,800

5-yr appreciation

+4.6%

Starting from

$575,900

Price per sq ft

$1,120

How this score is calculated
Walkability88/100 Walk Score
Transit access84/100 Transit Score
Cycling65/100 Bike Score
Rental yield potential5.00% gross yield
Appreciation outlook+4.6%/yr forecast

The AI Investment Score blends the verified signals above — location scores, rental economics and appreciation outlook — with how strongly the project was corroborated across independent sources. It is a research aid, not financial advice.

Rental Yield Calculator

Estimate cash flow & returns for this unit

Purchase & Financing

Purchase Price$575,900
$300,000$3,000,000
Down Payment35%
5%50%
Mortgage Rate4.5%
2.0%10.0%
Amortization30 yrs
10 yrs30 yrs

Rental Income

Monthly Rent$3,250
$1,000$8,000
Vacancy Rate3%
0%15%

Monthly Summary

Monthly Cash Flow

+$54

Positive cash flow / month

Gross Yield

6.57%

Net Yield

4.06%

Monthly Breakdown

Effective Rent+$3,153
Mortgage Payment-$1,897
Condo / Strata Fee-$600
Property Tax-$350
Mgmt Fee-$252
Net Cash Flow+$54

* Estimates only. Consult a financial advisor before investing. Figures exclude insurance, repairs, and capital improvements.

Mortgage Calculator

Estimate your payment

Loan Details

$575,900
20% ($115,180)
5.25%
25 years

Payment Frequency

Monthly Payment

$2,761

Principal & interest

Mortgage Amount

$460,720

Total Cost

$828,256

* Estimates only, for illustration. Excludes taxes, insurance and fees. Confirm rates with your lender.

Closing Cost Estimator

Taxes calculated for Ontario · Mississauga
$575,900
20%
Land Transfer Tax (Ontario)$7,993

Ontario land transfer tax

Legal Fees$1,500
Title Insurance$400
Home Inspection$500
Total Closing Costs$10,393

Investment Return Estimator

$575,900
20%
4.6%
$2,400
5 yrs
Down Payment$115,180
Property Value in 5 yrs$721,117
Total Rental Income (net)$94,603
Estimated Profit$203,763
ROI on Down Payment177%

Frequently Asked Questions

Units at ORO at Edge Towers start from $575,900. This pricing applies to the current pre-construction phase.

Still have a question about ORO at Edge Towers?

Illustrative estimates only — not financial, tax or investment advice. The investment score, rental yield projections, appreciation forecasts, closing-cost and mortgage figures presented in this section are computer-generated estimates produced for demonstration purposes. They do not constitute an appraisal, a formal opinion of value, a mortgage pre-approval, or any form of financial, tax or legal advice, and they must not be relied upon when making a purchase decision. Actual costs, taxes, financing terms and returns will vary with the applicable jurisdiction, lender criteria, market conditions and individual circumstances. CondoGuru.ca and its affiliates make no representation or warranty as to the accuracy or completeness of these figures and expressly disclaim all liability for any loss or damage arising from reliance upon them. Prospective purchasers should independently verify all amounts with the developer's sales team, a licensed mortgage professional, and a qualified legal or tax advisor.

Developer Profile

Developer Profile

Solmar Development Corp.

Concord, ON, Canada

Solmar Development Corp has built master-planned communities, high-rise luxury condominiums, and commercial centers across the Greater Toronto Area for over 30 years.

Projects

1

View Full Profile

Other Projects by This Developer

No other projects found.

Last updated: September 28, 2026

Disclaimer: CondoGuru.ca provides information on new construction homes and condos from various sources, including builders, manual research, third-party sources, and public data. While we strive for accuracy, all information is for reference only. We are not responsible for any use or misuse of the content on our site. Prices, sizes, specifications, and promotions are subject to change by the builder without notice. Renderings are artist's concepts. E.&O.E.

From$575,900