Canon is finally ready to get serious about the mirrorless cameras. The company announced the Canon EOS M5, a new SLR-style mirrorless camera along with a built-in electronic viewfinder. It is the company’s fifth and most fully featured interchangeable lens mirrorless camera to date, and it’ll cost $979 (body only) when it goes on sale in November of 2016.

On top that, the new EOS M5 sports a Digic 7 processor (the latest from Canon), 7fps continuous shooting as well as WiFi, Bluetooth and NFC for pairing with devices like a smartphone. Meanwhile, you will find a 3.2-inch touchscreen on the back, along with a high resolution electronic viewfinder. All in all, Canon’s new mirrorless camera promises to be one of the best on the market.

canon-eos-m5
Canon EOS M5

If you’re looking for something to compare it to, the M5’s specs line up pretty closely with Canon’s most recent midrange DSLR, the 80D. It also has the same size 24.2-megapixel APS-C sensor, a similar 49 cross-type autofocus points, and an ISO range of 100-25,600.

The most critical aspect of the M5’s specification is that it offers Dual Pixel CMOS AF – the same tech as found in the top-end Canon EOS 1D X Mark II pro Digital SLR – to deliver on-sensor phase detection autofocus, paired with the contrast-detect autofocus.

The M5 is also capable of capturing 1080p video at up to 60 frames per sec, but videographers should note that the 3.2-inch, 1.6-million dot rear LCD touchscreen only tilts out 85 degrees and down 180 — it can not swivel out and around like the screen on the 80D.