Canopy Tower 2

Location: 5081 Hurontario Street, Mississauga, Ontario

About

Canopy Tower 2 is an exciting new high-rise condominium project by Liberty Development Corporation, strategically located at the intersection of Hurontario Street and Eglinton Avenue East in Mississauga. This development is set to redefine urban living with two striking towers, standing 21 and 39 storeys tall, connected by a sleek 6-storey podium. Offering 522 residential units, Canopy Tower 2 is designed to cater to diverse lifestyles, with suite sizes ranging from cozy studios to spacious two-bedroom + den layouts, spanning from 305 to 775 square feet. The project is scheduled for occupancy in November 2028 and is poised to be a key player in Mississauga’s evolving skyline, offering residents a seamless blend of luxury, convenience, and connectivity.

What You Need To Know

  • Developer: Liberty Development Corporation
  • Location: 5081 Hurontario Street, Mississauga, Ontario
  • Building Type: High-Rise Condominium
  • Number of Storeys: 21 and 39 storeys
  • Number of Units: 522 units
  • Suite Sizes: 305 to 775 sq. ft.
  • Pricing: Starting from the low $500,000s
  • Occupancy: November 2028
  • Proximity to Transit: Steps to the future Hurontario LRT, with connections to GO Transit and MiWay bus services
  • Nearby Amenities: Adjacent to Square One Shopping Centre, close to parks, schools, and major highways

Mobility

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Canopy Tower 2 offers unparalleled connectivity, making it an ideal residence for those who value convenience and accessibility. Located just steps from the upcoming Hurontario LRT station, residents will enjoy direct access to Mississauga’s city centre, with seamless connections to GO Transit and MiWay bus services.

Key Transportation Highlights:

  • Hurontario LRT: Located just steps away, the LRT will provide quick access to key areas in Mississauga and Brampton, linking directly with GO Transit and MiWay services.
  • Highway Access: Immediate access to Highways 403, 401, and QEW ensures smooth travel across the GTA, whether you’re commuting for work or leisure.
  • Walkability: With a Walk Score of 93, residents can easily access Square One Shopping Centre, restaurants, and entertainment venues without needing a car, making everyday errands convenient and stress-free.

Key Details

Canopy Tower 2 comes with an attractive deposit structure and a range of buyer incentives, making it an appealing option for both homebuyers and investors.

Deposit Structure:

  1. $5,000 on signing

  2. 5% minus $5,000 in 30 days

  3. 2.5% in 120 days

  4. 2.5% in 180 days

  5. 2.5% in 450 days

  6. 2.5% in 630 days

  7. 5% on Occupancy

Parking $67,000 (For limited time only) 2 bedrooms and larger units qualify for parking).

Incentives:

  1. Interest on Deposits: 8% interest on 10% of deposits for 4 years or until occupancy.

  2. Free Assignment: (Regular price $7,500)

  3. Permission to Lease During Occupancy: Flexibility for investors to lease units during interim occupancy.

  4. Capped Development Charges: $10,000 for units under 700 sq. ft., and $15,000 for units 700 sq. ft. and larger.

Amenities

Canopy Tower 2 is designed to offer residents a luxurious living experience, complete with a wide array of top-tier amenities. The building will feature:

  1. Fitness Centre: State-of-the-art gym facilities, including a yoga studio and golf simulators.

  2. Recreational Spaces: A basketball court, children’s play areas, and pet wash stations ensure that all members of the family are catered for.

  3. Business Centre: Equipped with a boardroom, offering residents the convenience of working from home in a professional environment.

  4. Outdoor Spaces: A spacious terrace for relaxation and social gatherings, enhancing the overall living experience.

Developers

Liberty Development Corporation

Liberty Development Corporation is a distinguished real estate developer in the Greater Toronto Area, known for its innovative designs and commitment to quality. With over 30 years of experience, Liberty has a rich portfolio of residential, commercial, and mixed-use projects, consistently setting higher standards in urban development. Their focus on creating transit-oriented, environmentally-conscious communities has earned them a stellar reputation, making Canopy Tower 2 a testament to their excellence in the field.

Why Invest in Mississauga?

Mississauga continues to be one of the fastest-growing cities in the Greater Toronto Area, making it a prime location for real estate investment. The upcoming Hurontario LRT will significantly enhance connectivity, boosting property values and rental demand. With a thriving economy, expanding job market, and proximity to Toronto, Mississauga offers sustained demand for housing, making Canopy Tower 2 an excellent investment opportunity for those seeking long-term returns.

Canopy Tower 2 Assets:

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