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Canopy Towers – MOVE IN July 2024/From $464,900

Property Rating

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Condo
34 storeys
Completion: 2024

Description

Canopy Towers is a bold new pre-construction condominium development in Mississauga. Developed by Liberty Development, this gorgeous, modern tower will sit at 5081 Hurontario Street. 

With a planned occupancy date of 2024, this tower is still early in development, but by all accounts, it will be a new fixture in the rising condominium scene of Mississauga and a hot-ticket development for investors.

Canopy Towers Highlights:

  • Located in the core of Mississauga Downtown
  • Easy access to HWY 403/401/QEW
  • Square One Shopping centre at the doorstep
  • Short walking distance from Cooksville GO station
  • Many neighbour amenities and entertainments nearby
  • Close to Toronto Pearson Airport
  • Short commute time to Downtown Toronto
  • Walk Score of 93 out of 100 and a Transit Score of 88 out of 100
  • Nearby parks include Living Arts Park, Queen Elizabeth II Jubilee Garden and Kariya Park

Canopy Towers Presentation Centre Video Click Here

Canopy Towers  Close to Urban Conveniences & Transit
Mississauga ranks #4 in Canada for public transit in 2019! MiWay, Mississauga’s transit service is the third-largest municipal transit system in Ontario. The 18km Hurontario LRT system is expected to be completed in 2024, making Canopy Tower’s even more accessible.

Canopy towers

Beautiful Nature Near Canopy Tower

Mississauga has over 500 km of multi-use trails, parks, bicycle lanes and designed bike routes. Canopy Towers is close to Grand Highland Golf Course and Bathgate Golf Centre and Applewood Hills Park (a beautiful 6.6 km trail along a river, great for walking the dog, running, hiking, and enjoying the great outdoors!)

Exceptional Local Amenities Close By Canopy Condos:

  • Square One Shopping Centre… 5 minutes away.
    Highway 401/403 Series… 3 minutes away.
    Go Transit Station… 6 minutes away.
    Sheridan College – Hazel McCallion Campus… 7 minutes away.
    Pearson Airport… 13 minutes away.
    Downtown Toronto… 32 minutes away!

Top 5 Reasons to Invest in Canopy Towers

1.Location

Canopy Towers is located in the Hurontario neighbourhood, a burgeoning area for densification and development. With convenient connection to transit, Hurontario is an enticing location for a number of groups from young professionals to students, and families. 

Just nearby are a series of gorgeous green spaces and parks, Huron Heights Park, Hawthorne Park, and Heritage Hills are all just a short drive away, making perfect relaxing days with the family in the sun. Parents will be happy to know that Nathan Way Public School and Bristol Road Middle School are within 15 minutes walk, making the morning rush much easier, and building that sense of community you get from living close by to your school. 

Square One Shopping mall is just five minutes away by car, bringing world-class shopping and entertainment right to your doorstep. With retailers like Holt Renfrew, Coach, and Michael Kors, plus a Whole Foods, a Goodlife and a Cineplex so close by, you may never want to leave. On top of all that, the famous Playdium is just a few minutes away as well, providing endless entertainment. 

Canopy is also just minutes from Living Arts Centre, a large facility for performance theatre, art exhibitions and studio space for artists. In addition, Sheridan College recently opened a new campus near the development – the Hazel McCallion campus, named after Mississauga’s famous mayor Hazel McCallion, who was mayor of Mississauga for 36 years.

2.Amenities

Canopy Towers will be a mixed-use development. That means that from the ground floor, the building will accommodate space for retail and offices, which will enrich the walkability of the neighbourhood, plus provide amenities for residents right outside their front door. The 4 Storey podium will have spacious entryways and concierge, and contain a mix of retail, office, and amenity-space.

The building itself is planned to rise 33-storeys and provide 509 residential units. The layouts will range in size to suit just about any lifestyle, there will be one-bedrooms, two-bedrooms, and likely units with and without dens. 

On the fifth floor, a number of outdoor amenities will be available. First and foremost, the large outdoor terrace space. This will be an excellent place in the summer to gather with friends, host events, maybe even cook dinner up on the BBQ! 

Throughout the rest of the building, amenities will range from fitness rooms to indoor hosting spaces. Since the building is still in early phases, an exact list of amenities has not been released, but sign up with MyCondoPro for more updates when they come available. 

3.Transit Options

Mississauga is central to travel within the GTA – it is the home of Lester B. Pearson International Airport, Canada’s largest airport. Travel to and from the airport is simple, with the new UP Train line, which runs from the airport directly into the downtown core of Toronto with a final stop at Union station.

Other train lines include the GO Transit commuter rail, with three lines – Lakeshore West, Kitchener, and Milton. Mississaugans who work in Toronto have plenty of options with some lines providing all-day service.

Connections to these lines, and to countless other destinations within Mississauga are easy thanks to MiWay, the Mississauga Transit company. With more that 90 routes across the city, some of which connect to neighbouring communities like Oakville and Brampton.

As Mississauga continues to grow, so to do the transportation needs of the city and surrounding areas. The Hurontario LRT system is hoping to fill these gaps, and is currently in the beginning phases. The line will connect Port Credit to southern Brampton and Mississauga, but plans are not yet final. 

Highway 403 is just minutes away, which connects to the QEW, 409, and the 427, and provides excellent east-west travel throughout the GTA – perfect for commuters. 

4.The Developer

Liberty Development Corporation is one of the GTA’s most ubiquitous developers. With a varied portfolio including single-family homes, townhouses and commercial buildings, Liberty is an award-winning group that has built a great reputation in the real estate scene in Toronto.

Founded by President Feyedoon (Fred) Darvish, Liberty Developments mainly develops outside of the core of Toronto. This way they can usually develop larger properties, and really work to make the property a new community unto itself, using amenities and building mixed-use retail space into the podiums of the project, enriching the lives of the residents. 

Always conscious of the environment, Liberty works hard to ensure their developments are energy-efficient, and that they reduce waste wherever possible. Conserving water, heat, and energy are important initiatives, and with every project, Liberty looks to push this initiative further. 

It’s not just resources that Liberty tries to use wisely – Liberty is also known for highly efficient use of space in their designs. The quality of the life you live in your home is directly related to it’s layout, it’s design, and it’s functionality. For Liberty, it’s important to start by choosing the right land and location, and then carrying that conservation of space throughout the project, down to the layouts of the rooms, the configuration of the kitchen, and so on. 

Liberty pushes to a higher standard with every project. Keep an eye on this developer as they continue to leave their mark on the GTA. 

5.Investment Opportunities

As Mississauga continues to grow, housing in the city is keeping pace. The average selling price of pre-construction condominiums in the city is $379K – a good number for families looking to set down roots, and for homeowners looking to invest. Prices per square foot continue to rise as demand increases, with the average sitting currently at $632.

Demand for condos in the area is high, with developers looking to build up rather than out – and dozens of new projects have been started within the past several years. This kind of design ethic is becoming more and more attractive, especially near the waterfronts of Lake Ontario. Beautiful views are timeless, and for smaller communities nestled along the Golden Horsehoe, properties with patios and suite views of that shimmering lake are in high demand.

Property Features

  • DEVELOPER: Liberty Development Corporation
  • ARCHITECT: TBA
  • UNITS: 497
  • DEPOSIT: $5,000 with offer ; Balance to 5% in 30 days ; 2.5% in 60, 90, 370, 540 days ; 5% on Occupancy
  • PARKING: $45,000
  • MAINTENANCE: $0.59/sq.ft plus Hydro
  • ESTIMATED COMPLETION: July 31, 2024

Canopy Towers

Floor Plan & Price List

 
 


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