Introducing 5North – a new mid-rise condo development in Oakville with prices from the mid $400,000s to the mid $600,000s.
5North Development Details
5North condos will be located in the heart of Mattamy’s Preserve community, which already boasts a mixture of impressive residences. 5North itself will be a seven-storey condo building with 150 suites inside. The suites will range from studio to 2-bedrooms and the floor area will range from 496 to 894 square feet. The studio suites are already sold out but there are nine other models still available to buy. Amenities at 5North include a landscaped courtyard outside the building, a fully-equipped fitness studio, ground floor social lounges, and a rooftop terrace with sitting areas, dining space and BBQs.
Residents of 5North condos will benefit from lots of smart technology to help with their daily lives. This includes biometric keyless entry, remote access and security via a smartphone, automated vehicle entry in the parking lot, and lots more.
The developer, Mattamy, has a number of incentives available for buyers at 5North condos. These are available for a limited time only and include:
- $7,500 off the purchase price of one-bedroom and one-bedroom plus den units
- $12,500 off the purchase price of two-bedroom units
- A $5,000 décor credit for two-bedroom units and ground floor one-bedroom plus den units
Buyers will also benefit from free condo fees for a year, a free underground parking space, and a free storage locker.
5North is located in the north end of Oakville close to many popular amenities like recreation centres, sports complexes, shops, parks and more. It is part of a desirable and popular town that is an excellent commuter location for anyone working in the GTA. 5 North sits just a short distance from Highway 407, offering efficient car travel to Toronto and elsewhere in the GTA. The town also boasts two easily accessible GO train stations that are on the Lakeshore West line and offer services to downtown Toronto.
Of course, those aren’t the only reasons many people are proud to call Oakville home. The town sits on the shores of Lake Ontario and is well-known for its high quality of life scores, good schools, impressive range of boutique shops, and impressive collection of restaurants and cafes. That all comes together to make it a great place to live and 5North might offer a great opportunity for many people to enter the real estate market in the town.